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SYDNEY (Reuters) - Australia on Friday halved the number of people expected to be covered by its coronavirus wage subsidy scheme due to reporting errors and after swiftly controlling the outbreak, a revision that will save the government around A$60 billion ($39 billion).
BRUSSELS (Reuters) - The European Commission said on Wednesday it planned to increase organic farming and cut agricultural chemical use to protect the environment, proposals welcomed by green groups but which farmers said would make them less flexible.
TOKYO (AP): Asian shares rose Tuesday (May 19) on optimism about a potential vaccine for the coronavirus after hopes for a US economic recovery in the second half of the year sent Wall Street into a rebound.
TOKYO (AP): Asian shares surged Friday (May 8) on optimism the worst of the economic fallout from the pandemic may be over, as Wall Street logged its biggest rally in a week.
TOKYO (AP): Asian shares were mixed Thursday (May 7) as worries about the pandemic's damage to the global economy swirled with glimmers of hope about some regions reopening gradually to business as usual.
BANGKOK (AP): Shares advanced in Asia early Tuesday (May 5) after Wall Street shook off a weak start and ended with modest gains thanks to another solid showing from big technology companies.
BEIJING (AP): Asian stock markets gained Wednesday (April 29) after France and Spain joined governments that plan to ease anti-virus controls and allow businesses to reopen.
JAKARTA: Bank Indonesia is poised to buy sovereign bonds directly from the government on Tuesday (April 28), underscoring a massive shift that is playing out in Asia’s investment landscape.
HONG KONG (Reuters): Hong Kong's distinction as a shopper's paradise used to draw tens of thousands of tourists to the city every month, but a year of anti-government protests stemming from the extradition bill incident and the coronavirus crisis are driving some hotels to the brink of financial ruin.
BEIJING/SHANGHAI: Hong Kong shares climbed on Monday, in line with global peers, as hopes for a fresh rollout of stimulus measures from major central banks to cushion the economic impact of the coronavirus underpinned sentiment.