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A semblance of normal life is slowly returning to China. People are heading to work, visiting malls, and even shopping at the wet markets that were among the places where coronavirus was first identified. But one gathering place remains closed: the cinema.
NEW YORK: Asian stocks look set to bounce on Friday to recover towards a one-month high as investors, following Wall Street's lead overnight, sought silver linings in a run of data that showed the world is in its worst recession in decades.
NEW YORK/LONDON: World stock markets edged higher on Thursday on surging shares of Netflix and Amazon.com as investors anticipated big earnings from the coronavirus-induced slowdowns keeping people at home, while bond yields fell as data reflected record U.S. joblessness.
THE outbreak of Covid-19 has brought huge challenges across the globe. There are contradictions and conflicts, but also an unprecedented spirit within humanity to defeat this scourge.
NEW YORK: Walt Disney Co said on Wednesday that Disney+ has attracted more than 50 million paid users, with 8 million of them coming from India where the video streaming service was rolled out last week.
SEOUL: Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs.
PETALING JAYA: Some telecoms players have seen an upsurge in data traffic since the movement control order (MCO) but they can’t say if that will translate to higher earnings for this year.
PETALING JAYA: Malaysians have flocked to online media outlets for news and information ever since the Movement Control Order (MCO) started on March 18 with The Star Online experiencing huge growth in traffic
KUALA LUMPUR: With most Malaysians now working from home because of the COVID-19 pandemic and extended movement control order (MCO) until April 14, there has also been an increase in complaints of slow internet.