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HONG KONG, China (AFP) — Asian markets tumbled Tuesday after Apple warned the new coronavirus had hit output and demand in China, fuelling fears over the wider impact of the epidemic on corporate earnings and economic growth. Investors looked past a positive lead from European bourses to focus on the spiraling fallout from the virus that has so far killed more than 1,800 people and infected nearly 72,500, mostly in mainland China. As well as […]
BEIJING, China (AFP) — Chinese health officials Monday urged patients who have recovered from the coronavirus to donate blood so that plasma can be extracted to treat others who are critically ill. Drugmakers are racing to develop a vaccine and treatment for the epidemic, which has which killed 1,770 people and infected over 70,500 people across China. Plasma from patients who have recovered from a spell of pneumonia triggered by COVID-19 contains antibodies that […]
by Catherine Lai and Sam REEVES SINGAPORE, Singapore (AFP) — From an emissions-reducing model jet that looks like something from a sci-fi movie to electric aircraft and sustainable fuel, the aviation industry is ramping up efforts to go green as consumer pressure grows. In an era when teen climate activist Greta Thunberg opts to travel on an eco-friendly boat and “flight-shaming” is all the rage in her native Sweden, air travel’s reputation has never looked […]
HONG KONG, China (AFP) — Asian markets fell on Thursday after a dramatic spike in the number of coronavirus deaths and cases in mainland China, with traders concerned about the economic impact of the epidemic. Chinese authorities have changed the way they count infections from the virus — officially named COVID-19 — and the latest reports propelled the nationwide death toll to 1,355 and the infection count to nearly 60,000. Tokyo’s benchmark Nikkei 225 […]
HONG KONG, China (AFP) — Asian markets rebounded on Tuesday spurred by fresh Wall Street records but investors remained jittery about the global economic impact of the coronavirus outbreak in China. Eyes are on China as the world’s second-largest economy sputters back up after a forced extension to the Lunar New Year holiday because of the outbreak, which has killed more than 1,000 people and disrupted major global supply chains. After a nervous start to […]
by Martin Abbugao SINGAPORE, Singapore (AFP) — Asia’s biggest air show opens in Singapore Tuesday under the shadow of a deadly coronavirus outbreak that has prompted dozens of companies to withdraw and threatens to hammer the aviation industry. The biennial Singapore Airshow attracts hundreds of global aerospace firms and airlines to the financial hub, where they negotiate multi-million dollar deals and watch spectacular aerial displays by fighter jets. But the virus — which has killed […]
HONG KONG, China (AFP) — Asian markets fell Friday after a week-long rally as investors take profits and assess developments in China’s deadly coronavirus crisis. Strong US data, Chinese financial support and a broadly healthy earnings season have provided a much-needed boost to equities after last week’s sell-off, while there is a sense that the economic impact of the outbreak globally could be limited. China’s decision Thursday to halve tariffs on $75 billion of US […]
HONG KONG, China (AFP) — Asian markets rallied again Thursday despite China’s virus claiming hundreds of lives and infecting tens of thousands, with investors welcoming another record close on Wall Street and strong US jobs data. Equities gained across the board on building optimism that the outbreak, which has spread to more than 20 countries, can be contained and the economic impact limited. After last week’s big losses, and a near eight-percent drop in Shanghai […]
HONG KONG, China (AFP) — Markets rose in Asia on Friday after the World Health Organization declared a global health emergency over the deadly new virus sweeping China. After saying last week they needed more information, the WHO invoked the rarely used designation that experts hope will lead to better international co-ordination to combat a disease that has already killed 200 people, and sickened thousands more. But the Geneva-based body stopped short of recommending trade […]
Asian nations have sealed borders and clamped down on Chinese visitors as they try to protect themselves from a deadly virus epidemic. The outbreak has killed 170 people in China, infected over 7,700 more and sparked progressively more urgent precautions around the region. Here are some key measures taken outside mainland China: – Hong Kong – Six of the territory’s 14 mainland crossings were sealed from Thursday as the city took steps to cut the […]
HONG KONG, China (AFP) — Travel, tourism and property stocks tumbled in Hong Kong on Wednesday as panicked investors fretted over the economic impact of the virus in China that has now killed at least 132 and infected more people than SARS on the mainland. Dealers returned to trading floors for the first time after the Lunar New Year break and instantly began to sell, joining a global retreat that has wiped more than […]
Asian nations were ramping up defences against a deadly viral epidemic Tuesday, sealing borders, shuttering public places and clamping down on visitors from China. Concern over the steadily expanding contagion, which has killed over 100 in China and sickened more than 4,500, is prompting an increasingly urgent push for protection. Hong Kong, which has eight reported cases of the SARS-like disease, announced the sealing of six of its 14 border crossings to the mainland […]
