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SINGAPORE: Singapore's virus-hit economy could shrink by as much as seven per cent this year -- the worst reading since independence. The warning came after Singapore's deputy prime minister unveiled a fresh support package ealier on Tuesday (May 26)
Indonesia's military ordered the deployment of hundreds of thousands of soldiers and police on Tuesday (May 26) to enforce rules on wearing masks and safe distancing after reports of people in the world's fourth-most populous nation flouting them. Indonesia reported on Tuesday (may 26) 415 new Covid-19 cases (23,165 in total).
PETALING JAYA: About 738 vehicles were told to turn back by the authorities for attempting to balik kampung as of Monday (May 25), says Datuk Seri Ismail Sabri Yaakob.
BEIJING: China Development Bank (CDB) will provide 360 billion yuan (US$50.5 billion) of financing support to the Guangdong-Hong Kong-Macao Greater Bay Area in 2020 as authorities called for further efforts to promote the development of the area.
JAKARTA (Reuters) - Indonesia's military ordered the deployment of hundreds of thousands of soldiers and police on Monday to enforce rules on wearing masks and safe distancing after reports of people in the world's fourth-most populous nation flouting them.
TOKYO: Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank may take more steps to cushion the economic impact from the coronavirus pandemic, maintaining his gloomy outlook even as a state of emergency was lifted in the capital Tokyo.
HONG KONG: The rich Chinese home buyers are back. Across China and in some of their familiar hunting grounds in Asia, wealthy buyers are snapping up luxury housing, in many cases to guard their wealth against anticipated inflation and a weakening yuan
SYDNEY: Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy.
NEW YORK: Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for some pharmaceutical stocks.