COVID-19 Updates
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Do Malaysia’s politicians think they’re exempt from Covid-19 rules?
As Malaysia toughens physical distancing and mask-wearing rules and penalties in its bid to stem the spread of Covid-19, the backlash against a Cabinet minister who breached quarantine orders has…
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Meituan Dianping’s quarterly earnings beat estimates as China food delivery market recovers
Meituan Dianping, China’s largest on-demand services provider, beat second-quarter earnings estimates on Friday, as demand for food delivery recovered across the country after the coronavirus lockdowns.The Beijing-based company reported on…
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Were Covid hospital admissions figures in England overreported? It’s not that simple
Claims that hospital admissions for Covid-19 in England were overreported at the peak of the outbreak may not be telling the whole story. According to government figures, the daily hospital…
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Earnings season: low expectations keep US stock market flying high
Seemingly defying the Covid-19-fuelled economic recession battering the US, the S&P 500 reached a new high for the year on August 18, despite historic job losses and shrinking corporate profits.…
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Will Genting’s Hong Kong plight affect its units in Malaysia, Singapore amid the Covid-19 pandemic?
Genting, the Malaysia-headquartered hospitality and leisure corporation, is facing a rocky road ahead as the Covid-19 pandemic continues to hammer tourism and related industries – most recently forcing chairman and…
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Coronavirus latest: South Korea’s Moon says churches breaking rules must be punished; Japan cases ‘reaching peak’
South Korean President Moon Jae-in on Friday called for stern clampdowns on churches violating quarantine rules, as officials race against the clock to control a recent spike in coronavirus infections…
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Hong Kong records 27 new coronavirus cases, as residents and staff of two care homes face quarantine
Hong Kong recorded 27 new coronavirus cases on Friday, as 130 residents and staff at two homes for the elderly faced being quarantined after one infection was found at both.Friday…
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India’s migrant workers returning to cities confront grim reality of coronavirus lockdown
Before India announced its coronavirus lockdown earlier this year, Mohammed Khaled had been working as an administrative assistant at a small garment factory in Mumbai’s Dharavi slums. After the restrictions…
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Japan’s Motegi affirms importance of rule of law in Indo-Pacific during Papua New Guinea visit
Japan will offer Papua New Guinea “strong support” in the Pacific island nation’s economic recovery from the coronavirus pandemic, Foreign Minister Toshimitsu Motegi said on Friday, as he affirmed the…
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Business critical: half of SMEs in Hong Kong give themselves six months at most without more support from government, survey finds
Nearly half of Hong Kong’s small and medium-sized enterprises do not expect to survive beyond the next six months in the face of the coronavirus, without any fresh government support.In…