Coronavirus News Asia

In fact, China’s third quarter gross domestic product growth was already below market expectations, indicating that the market might have taken an overly optimistic view of China’s recovery. Somewhat alarmingly, the sectors benefiting from the global disruption of supply chains might witness a significant slowdown when the pandemic is under control. For example, China’s share …

Why the People’s Bank of China is unlikely to raise interest rates next year Read More »

BAGHDAD: Iraq will hold its next parliamentary elections nearly a year early, the premier announced on Friday (Jul 31), as he seeks to make good on promises he offered when he came to power. “Jun 6, 2021, has been fixed as the date for the next legislative elections,” said Prime Minister Mustafa al-Kadhemi, who took the reins …

Iraq’s premier promises early parliamentary polls for June 2021 Read More »

Hong Kong’s leader Carrie Lam on Friday announced the postponement of elections to the Legislative Council (LegCo) by one year, in a move that was immediately slammed by pro-democracy lawmakers as questionable, and tantamount to a political coup. Lam said the 2020 LegCo election, originally scheduled for Sept. 6, would now be held on Sept. …

Hong Kong Postpones Legislative Elections by One Year, Sparking Outcry Read More »

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan. Global cases have reached 17,325,093, according to Johns Hopkins University in Baltimore. The worldwide death toll has hit 673,868. To see how the disease has spread, view our virus tracker charts: (Source photo by …

Coronavirus latest: India’s deficit balloons as tax revenues shrink Read More »

For a long time real estate has been considered one of the best long-term investments to protect against inflation. Unlike many other traditional investment products, real estate is not tied to the stock market, making it an efficient instrument to reduce risk and increase long-term returns. Nevertheless, no asset class comes with a guarantee, and …

Global housing market chaos nowhere near end Read More »

TAIPEI — Taiwan’s economy unexpectedly shrank 0.73% in the April-June quarter from a year earlier, in line with regional peers that are contracting due to the global slowdown stemming from the COVID-19 pandemic. The decline, announced by the government on Friday, compares with a forecast of 0.55% growth in a Reuters survey of economists. The …

Taiwan’s GDP falls surprise 0.73% in Q2 as global economy slows Read More »

TOKYO: Tokyo Governor Yuriko Koike warned on Friday (Jul 31) that the Japanese capital could declare a state of emergency if the coronavirus situation deteriorated further, after new cases jumped by a record single-day high of 463.  “If the situation worsens, Tokyo would have to think about issuing its own state of emergency,” Koike said, …

Tokyo could declare emergency if situation worsens: Governor Read More »

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan. Global cases have reached 17,095,495, according to Johns Hopkins University in Baltimore. The worldwide death toll has hit 668,589. To see how the disease has spread, view our virus tracker charts: (Source photo by …

Coronavirus latest: Trump suggests delaying US election Read More »

The World Health Organization on Thursday warned that spikes in coronavirus transmission in a number of countries were being driven by young people “letting down their guard.” “Young people are not invincible,” WHO chief Tedros Adhanom Ghebreyesus told a virtual news conference in Geneva. While the pandemic, which has killed nearly 670,000 and infected more than …

WHO: Young people are ‘letting down their guard’ Read More »

By: Salman Rafi Sheikh When the people of Sri Lanka go to the polls on August 5, most of them are expected to return the Rajapaksa family to power despite their reputation as butchers who crushed the Tamil insurgency and are believed responsible for the disappearance of dissidents and journalist in their own community. Indeed, …

Accused War Criminal Likely to Return in Sri Lanka Polls Read More »