As the original epicentre of the COVID-19 outbreak, China was the first to impose a strict lockdown on millions of its residents. Business is almost as usual for some companies now – albeit with precationary measures to prevent new infections. Money Mind reports. SINGAPORE: Around the world, many countries are […]
Year: 2020
SANTIAGO: Chile revised its death toll linked to the novel coronavirus outbreak sharply higher on Sunday (Jun 7), adding fatalities from databases that previously had not been included. Health Minister Jaime Manalich said 653 additional deaths linked to COVID-19 had to be counted, bringing the total number to 2,290. That […]
SEOUL: A South Korean court will rule as soon as Monday (Jun 8) whether to send Samsung Group heir Jay Y. Lee back to jail after more than two years of freedom, as new allegations dog the executive and cast a pall over the country’s top conglomerate. Lee, 51, is […]
WASHINGTON, DC: The Federal Reserve will meet next week for the first time since US states began easing shutdowns imposed to stop the coronavirus pandemic, unexpectedly boosting employment numbers after two months of massive layoffs. The world’s largest economy added 2.5 million jobs and the unemployment rate fell in May, […]
WELLINGTON: New Zealand will become the first country to resume professional rugby union games next weekend as governments around the world move to ease lockdown measures to fight the novel coronavirus. All eyes will be on the 10-week Super Rugby Aotearoa competition organised by New Zealand Rugby (NZR) as others […]
WASHINGTON, DC: Democrats vowed on Sunday (Jun 7) to press legislation to undo systemic racism in US law enforcement as the battle for change triggered by the police killing of George Floyd began shifting from the streets to the political sphere. After another day of overwhelmingly peaceful protests across the […]
PARIS: France’s coronavirus death toll, the fifth-highest in the world, rose by 13 on Sunday (Jun 7) to 29,155, the government said. The number of people in hospital intensive care units fell by six to 1,053, a smaller decrease than the previous day but extending a steady drop in critical […]
SINGAPORE: The strong growth in foreign currency deposits in Singapore this year has come from diverse sources – domestic, regional and beyond the region – and for varied reasons, said the Monetary Authority of Singapore (MAS) on Sunday (Jun 7). “No single region or country source dominates,” it added in […]
NEW DELHI: Indian oil-to-telecoms conglomerate Reliance Industries said on Sunday (Jun 7) that the Abu Dhabi Investment Authority (ADIA) will buy 1.16 per cent of its digital unit Jio Platforms for 56.83 billion rupees (US$752 million). ADIA’s investment in Jio Platforms, which comprises Reliance’s telecoms arm Jio Infocomm and its […]
TOKYO: Japan will not join the United States, Britain and others in issuing a statement scolding China for imposing a new security law, Kyodo news agency reported on Sunday (Jun 7), citing officials from countries involved. The United Kingdom, the US, Australia and Canada condemned China on May 28 for […]