Tag Archives: Asia News

Oil prices to fall till Russia or Saudi Arabia hit pain point: ex-White House aide

Oil prices to fall till Russia or Saudi Arabia hit pain point: ex-White House aide

The price of oil is likely to fall “much lower from here,” according to Bob McNally, who was energy advisor to former U.S. president George W. Bush. The oil rout started on Monday, plunging over 20% following a disagreement on production cuts between OPEC and its allies. Russia declined to lower output last week, and Saudi Arabia announced Saturday that …

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Saudi Arabia, Russia oil dispute is about ‘restructuring of supply’

Saudi Arabia, Russia oil dispute is about 'restructuring of supply'

The oil price rout this week may be a chance for the industry to restructure and could ultimately be a positive for the market, a strategist said on Wednesday. The oil markets tanked Monday, plunging over 20% following a disagreement on production cuts between OPEC and its allies. Russia declined to lower output last week, and Saudi …

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Trump not tested, doesn’t show symptoms

Trump not tested, doesn't show symptoms

People wait in a line to buy face masks at a retail store in the southeastern city of Daegu on February 25, 2020. JUNG YEON-JE | Getty Images This is a live blog. Please check back for updates. Global cases: At least 110,029, according to the latest figures from the …

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Wuhan shuts down 11 makeshift hospitals, China cases slow

Wuhan shuts down 11 makeshift hospitals, China cases slow

People wearing masks visit a market amid the coronavirus outbreak on March 8, 2020 in Kunming, Yunnan Province of China. Liu Ranyang | China News Service | Getty Images This is a live blog. Please check back for updates. Global cases: At least 106,893, according to the latest figures from …

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Federal Reserve, other central banks cut interest rates

Federal Reserve, other central banks cut interest rates

Central banks around the world, including the U.S. Federal Reserve, have lowered interest rates to support their respective economies amid a rapidly spreading coronavirus — and more are expected to follow suit. But investors and economists said there’s not much monetary policy can do to save the global economy, especially when …

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South Korea cases cross 5,000

South Korea cases cross 5,000

Global cases: At least 91,700, according to the latest figures from the World Health Organization Global deaths: At least 3,100, according to the latest figures from the WHO This is a live blog. Please check back for updates. All times below are in Beijing time. 10:43 am: NBC News Exit Poll finds US …

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South Korea reports 376 new cases, China reports 573

South Korea reports 376 new cases, China reports 573

This is a live blog. Please check back for updates. All times below are in Beijing time. Total confirmed cases: More than 85,000 Total deaths: At least 2,941 9:35 am: South Korea reports 376 new coronavirus cases South Korea added another 376 new cases of coronavirus on Sunday morning, bringing …

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South Korea’s cases surpass 1,000 as it reports jump of 169 infections

South Korea's cases surpass 1,000 as it reports jump of 169 infections

This is a live blog. Please check back for updates. All times below are in Beijing time. 9:07 am: South Korea reported a jump of 169 new cases, 1 additional death South Korea reported a jump of 169 new cases, bringing the country’s total to 1,146 infected, according to the country’s …

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Coronavirus live updates: China, South Korea cases

Coronavirus live updates: China, South Korea cases

A nurse working in the isolation ward communicates with a co-worker on the talkie-walkie in Jinyintan Hospital, designated for COVID-19 patients, in Wuhan in central China’s Hubei province Monday, Feb. 17, 2020. Feature China | Barcroft Media via Getty Images This is a live blog. Please check back for updates. …

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China’s Hubei reports 115 additional deaths

China's Hubei reports 115 additional deaths

A medical staff takes temperature of a patient at a temporary hospital converted from “Wuhan Livingroom” in Wuhan, central China’s Hubei Province, Feb. 10, 2020. Xiong Qi | Xinhua | Getty Images This is a live blog. Please check back for updates. All times below are in Beijing time. 7:23 …

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