Tag Archives: asia

RBI Cuts Rates As Distress Mounts Across South Asia Over Coronavirus

Economic Remedies For The Coronavirus Across The Globe

The RBI lowered the benchmark repo rate by 75 basis points to 4.40% New Delhi/Mumbai: The Reserve Bank of India slashed interest rates on Friday in an emergency move to counter the economic fallout from the coronavirus pandemic after the government locked down the country to slow the spread of …

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Having Brushed Off Coronavirus Threat, Southeast Asia Begins to Confront It

Having Brushed Off Coronavirus Threat, Southeast Asia Begins to Confront It

BANGKOK — For months, many Southeast Asian countries played down the threat posed by the new coronavirus. Some officials said that prayer would keep the disease away. Others expressed optimism that the tropical heat would slow the spread of the virus. Life continued as usual. Malaysia allowed large religious gatherings. …

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‘Pragmatic’ Asia Fast-Tracks Hi-Tech Coronavirus Solutions

'Pragmatic' Asia Fast-Tracks Hi-Tech Coronavirus Solutions

Disinfecting drones. Talking robots. Artificial intelligence that can scan thousands of medical images in a flash. These are just some of the technologies rolled out by Asian countries including Singapore and China to contain the coronavirus pandemic that has killed more than 6,500 people worldwide. Technology powered by artificial intelligence …

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US military brought coronavirus to Wuhan, Chinese diplomat claims

Chinese Foreign Ministry spokesman Zhao Lijian during a daily briefing at the Ministry of Foreign Affairs office in Beijing, on February 24.

Posting to his more than 300,000 followers on Twitter, Foreign Ministry spokesman Zhao Lijian republished a video of Robert Redfield, the director for the US Centers for Disease Control and Prevention, addressing a US Congressional committee on March 11. In the clip, Redfield said some influenza deaths in the US …

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Stock Market Today: Dow, S&P Live Updates for Mar. 13, 2020

A woman walks past a large screen showing the trading numbers on the Indonesia Stock Exchange (IDX) in Jakarta on March 9.

A woman walks past a large screen showing the trading numbers on the Indonesia Stock Exchange (IDX) in Jakarta on March 9. Photographer: Adek Berry/AFP via Getty Images Photographer: Adek Berry/AFP via Getty Images Stocks were primed for heavy losses across Asia after the worst Wall Street session since 1987, with investors …

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Coronavirus outbreak worsens in Italy and Japan, as situation stabilizes in China

Cities deserted, families separated and social life on hold in Italy's first day of lockdown

On Wednesday, China reported a slight increase in new daily cases, overturning several consecutive days of fewer new infections. The rise, from 19 on Monday to 24 on Tuesday, has been attributed to individuals returning from overseas, underscoring the difficulties faced by governments as the virus continues to spread rapidly …

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China wants to take a victory lap over its handling of the coronavirus outbreak

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The novel coronavirus outbreak The novel coronavirus outbreak Medical staff in Wuhan, China, celebrate after all coronavirus patients were discharged from a temporary hospital on March 9. The novel coronavirus outbreak The novel coronavirus outbreak The novel coronavirus outbreak The novel coronavirus outbreak Sumo wrestlers attend a tournament in Osaka, …

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China coronavirus: Xi Jinping visits virus-hit Wuhan in major show of confidence

Chinese President Xi Jinping in Wuhan, Tuesday.

Xi’s visit to Wuhan — which has been on lockdown for weeks now, with tens of thousands of confirmed cases of the virus and hundreds of deaths — is a major show of confidence in China’s response to the pandemic, underlining a message which has been building in state media …

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Asia Shares Try To Stabilise, Pin Hopes On Policy Stimulus

Asia Shares Try To Stabilise, Pin Hopes On Policy Stimulus

US President Donald Trump plans a news conference later on Tuesday to lay out proposed measures Sydney: Asian shares bounced and bond yields rose from historic lows on Tuesday as speculation of coordinated stimulus from global central banks and governments calmed panic selling. Yields on benchmark U.S. 10-year Treasury debt …

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South Korea has ‘passed the peak’ of the coronavirus outbreak, health minister hopes

South Korea has 'passed the peak' of the coronavirus outbreak, health minister hopes

“We are hoping that we have passed the peak, taking the numbers into consideration, and cautiously expecting we have passed the peak,” South Korean Health Minister Park Neunghoo said in an exclusive interview with CNN. More than 7,300 coronavirus infections have been confirmed throughout South Korea, killing more than 50. …

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