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HONG KONG: Rugby's Hong Kong and Singapore Sevens were postponed from April to October over the coronavirus on Friday (Feb 14) joining the likes of Chinese F1 Grand Prix, golf and football fixtures on the growing list of sporting casualties. The decision, which disrupts sevens rugby in the run-up to the Tokyo Olympics, was made in response to continued health concerns relating to the Covid-19 (coronavirus) outbreak.
SINGAPORE: Singapore's economy "will take a hit" from the spreading coronavirus, Prime Minister Lee Hsien Loong said on Friday (Feb 14) while inspecting health screening measures at the city-state's international airport.
KUALA LUMPUR: OCBC Treasury Research expects the impact of the Covid-18 coronavirus to be around 0.4 percentage points of gross domestic product (GDP) in the first quarter.
BEIJING: Some of the world’s major bond funds are rekindling their love for Chinese government debt, as an unexpected rally in recent weeks took the 10-year yield to the lowest level since late 2016.
BRUSSELS (Reuters) - The spectre of the 1990s BSE crisis means the European Union is likely to reject U.S. demands it ease strict food safety rules, even with President Donald Trump threatening car tariffs if EU countries do not start importing more U.S. farm products.
PETALING JAYA: Months of protests in Hong Kong have put paid to the Finance Ministry’s (MoF) plans to sell the Malaysian consulate building there, according to sources.
HANOI (Vietnam News/ANN): A looser monetary policy should be instituted to support economic growth in the wake of global volatilities, especially the outbreak of the novel coronavirus (nCoV), experts suggested.
PUTRAJAYA: The government is looking at rolling out a stimulus package to assist sectors of the economy affected by the novel coronavirus outbreak, says Tun Dr Mahathir Mohamad.
The United States is deploying drones and other technology as it scours for potential rare-earths reserves at home and abroad to wean the nation off its dependence on Chinese imports.
Amazon.com Inc sellers are bracing for product shortages as Chinese workers may be unable or unwilling to return to idled factories.