Coronavirus Latest News
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UK hospitals to trial five new drugs in search for coronavirus treatment
Five new drugs are to be trialled in 30 hospitals across the country in the race to find a treatment for Covid-19, it has emerged. Just days after World Health…
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Australia’s NRL fan cardboard cut-out scheme turns sour after use of Hitler and mass murderer Harold Shipman
What started out as a fun and inclusive initiative has turned sour after the NRL’s scheme to put cardboard cut-outs of fans in stadiums was hijacked. Over the weekend a…
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China small factory activity rises in May as coronavirus lockdowns end
Production at smaller Chinese factories improved sharply in May, with a return to growth in overall activity after last month’s contraction, according to new data released on Monday.The Caixin manufacturing…
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Indian worker exodus from the Gulf is a chance to wean the economy off remittances
India’s reserve bank governor recently announced that the nation’s economy is expected to contract in 2020-2021 because of the coronavirus pandemic. This is no surprise with the country facing severe…
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Coronavirus vaccine: anti-vax movement threatens Asian recovery
Before authorities across Asia are able to immunise their populations against the novel coronavirus, they will have to find an effective vaccine, manufacture it on a massive scale and distribute…
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Hong Kong bankers suffer sharp cuts in pay, bonuses as pandemic-driven downturn weighs on outlook, headhunters say
Bankers and other financial services workers in Hong Kong are taking pay cuts of as much as 20 per cent and seeing even sharper hits to their annual bonuses as…
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China’s solar giants forced to cut prices as coronavirus curbs demand
Chinese manufacturers that dominate nearly every step in the global solar power supply chain are being forced to slash prices as the coronavirus disrupts projects around the world.Costs for components…
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Coronavirus: Hong Kong to get its own health code system for travels to Guangdong, Macau after Covid-19 border restrictions are lifted
A Hong Kong health code system separate from that of mainland China will soon be launched to certify residents virus-free when they visit Macau and Guangdong as part of a…
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Why China, like Japan, needn’t worry about paying all that debt back
Major economies around the world are seeing their debt surge. For many years, Japan, Greece and Italy have topped the OECD and IMF’s “wall of shame”, and it appears they…
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Coronavirus latest: Europe’s hotspots further unwind strict measures
Europe’s most virus-stricken countries are preparing to further ease lockdown measures that helped trigger the biggest economic downturn since World War II, even as scientists warned against moving too quickly.As…