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SEOUL (Reuters) - South Korea reported fewer than 50 new coronavirus cases for the first time since its peak in late February, earning the praise of the World Health Organization for combatting the spread in one of the first countries to be hard-hit by the disease.
NEW YORK: Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, although some spot glimmers of light at the end of the tunnel.
DUBAI (Reuters) - The United Arab Emirates will reinforce its stockpile of strategic goods and waive residency visa fines for the rest of the year in response to the coronavirus outbreak, its vice president said on Sunday.
MADRID (Reuters) - Celta Vigo's Russia international Fedor Smolov has flouted Spain's lockdown to return to his home country, becoming the second Celta player to break the rules of the state of emergency to fight the coronavirus, Spanish newspaper AS reported.
SINGAPORE: Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis.
DAY in, day out, we are warned of “more pain to come”, markets and economies in “free fall”, and “the deepest recession on the record.”
NEW YORK: As the true economic impact of the coronavirus pandemic becomes clear, economists seeing unprecedented data releases on an almost daily basis are gearing up for even worse to come.
MALAYSIA should enact a law similar to the one proposed by the Singapore government to offer temporary relief to businesses, in particular SMEs and individuals who are unable to perform their contractual obligations because of the movement control order (MCO) brought about by the Covid-19 pandemic.