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BEIJING (Xinhua): China will set up 46 new integrated pilot zones for cross-border e-commerce, as well as support processing trade with new steps and hold the Canton Fair online to keep foreign trade and investment stable amid the epidemic.
BEIJING/SINGAPORE: China National Offshore Oil Corp (CNOOC) will trim annual investment by 10% to 15% in 2020, while maintaining its goal of increasing domestic crude oil and natural gas production for the year, the company said in a statement on Wednesday.
WUHAN (Xinhua): As cars queued up at expressway toll gates and passengers prepared to board trains to leave Wuhan, the megacity in central China started lifting outbound travel restrictions from Wednesday (April 8) after almost 11 weeks of lockdown to stem the spread of Covid-19.
TOKYO: Asian stock futures were under pressure on Wednesday after a late, sharp sell-off on Wall Street and as oil prices slumped under pressure from swelling global supplies.
Our natural need for human contact might make it difficult to cope with being hospitalised in an isolation room or ward.
NEW YORK: World stock markets rose on Tuesday led by gains in Europe and Asia as signs of progress in curbing the spread of the novel coronavirus fueled investors' appetite for risk, though a steep, late sell-off on Wall Street erased gains in U.S. stocks.
NEW YORK: Oil slumped on Tuesday in the face of swelling crude supplies and weak fuel demand due to the coronavirus pandemic, while investors also grew cautious over expectations that the world's biggest producers would quickly agree on output cuts.
PETALING JAYA: Demand for electricity is expected to ease in the second quarter of the year with the implementation of the movement control order (MCO) and the sluggish economic activities foreseen thereafter due to the Covid-19 outbreak.
PETALING JAYA: Petronas-linked stocks were among the top gainers on Bursa Malaysia yesterday following the surge in global oil price by 50% in just one week on the prospect of Russia and Saudi Arabia cutting their production.
IT seems like a distant memory now of the events from the initial Covid-19 outbreak that hit the tourism-related industry.