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HONG KONG: Asian and European equities spiralled downwards Friday (Feb 28), extending a collapse in world markets that has wiped trillions of dollars off valuations as the coronavirus spread rapidly around the world with the WHO warning the Covid-19 (coronavirus) outbreak was now at a "decisive point". Tokyo, Shanghai, Sydney, Singapore and Seoul were among the bourses that fell more than 3% while Jakarta was hammered more than 4%.
SINGAPORE (Bloomberg): As the novel coronavirus starts to gather speed in Europe, the Middle East and the US, there’s one place it is seemingly being contained: Singapore.
SINGAPORE (Reuters): British retailer Tesco has asked bidders to submit binding offers for its Asian business by Friday (Feb 28), in a deal that will see Thai billionaires fight for an asset valued at up to US$9 billion, sources with direct knowledge of the matter said.
WASHINGTON (Reuters) - President Donald Trump's re-election campaign said on Wednesday it was filing a libel suit accusing the New York Times
A NEWLY opened butcher shop operated by prisoners at the Madurai central jail has proven to be popular among mutton lovers, Makkal Osai reported.
GEORGE TOWN: Three eateries and a spice store were ordered to shut by the Penang Island City Council (MBPP), after rat droppings and live cockroaches were found separately on their premises.
TOKYO (AFP): A fourth person has died after being taken to hospital from a quarantined coronavirus-stricken cruise ship off Japan, local media reported on Tuesday (Feb 25).
SEOUL (The Korea Herald/ANN): South Korea’s major industries -- including electronics, automobiles, retail and oil refining -- are on high alert due to a surge in Covid-19 cases here, as well as the market slowdown in China, the nation’s biggest export destination.
SINGAPORE (The Straits Times/ANN): Core inflation in Singapore slowed sharply in January to a four-year low on the back of a steeper fall in the prices of goods, lower services inflation as well as a rebasing of the consumer price index (CPI), according to official data released on Monday (Feb 24).
GEORGE TOWN: After being fined by the city council for minor storage issues, the two nasi kandar outlets in Jalan Gurdwara continue to open for business.