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HONG KONG: Hong Kong announced relief measures worth HK$137.5bil (US$17.7bil) to help businesses and people crippled by the coronavirus outbreak to stay afloat, as the city joins global efforts to cushion the impact of the pandemic.
HONG KONG (Reuters) - Hong Kong announced relief measures worth HK$137.5 billion (US$17.7 billion) on Wednesday to help businesses and people crippled by the coronavirus outbreak to stay afloat, as the city joins global efforts to cushion the impact of the pandemic.
HONG KONG: Tencent Holdings Ltd picked up millions of new gamers during the global coronavirus outbreak - yet that surge in mobile play may be slowing as the world’s No. 2 economy goes back to work.
SINGAPORE: Olivia Lum is running out of time to save the company she spent a lifetime building.
There is grave concern that the world economy is slipping into what Harvard professor and former US Treasury Secretary Larry Summers calls the global secular deflation. In simple terms, growth has slowed without inflation, despite exceptionally stimulative monetary policy.
FOR some people, betting is fun, and gambling can be exciting. But both can lead to serious problems that continue long after the thrill is gone. When money troubles start, we invariably experience stress in our relationships with loved ones and families. Our ability to function effectively at work will be seriously affected.