Coronavirus News Asia

Coronavirus: Malaysians warned of ‘vertical surge’ in cases; curbs reimposed in Melbourne

“We have to stay safe and it’s safest to stay home and follow the SOPs,” Prime Minister Muhyiddin Yassin said in an interview with state-owned RTM television on Sunday, while ruling out a repeat of last year’s national lockdown. Malaysia’s Covid-19 reproduction number that shows how quickly the virus multiplies climbed to 1.21 as of …

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Rights Groups Urge Inmate Release as COVID-19 Infections Spike in Cambodia’s Prisons — Radio Free Asia

Cambodia should immediately release inmates who are most at risk from the coronavirus and pre-trial detainees eligible for bail amid the risk of “mass outbreaks” in the country’s overcrowded prisons and detention centers, a rights group said Monday. While the coronavirus made few inroads into Cambodia in 2020, the country’s latest outbreak in February has …

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

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 …

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Iraq’s premier promises early parliamentary polls for June 2021

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 …

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Hong Kong Postpones Legislative Elections by One Year, Sparking Outcry

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. …

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

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 …

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Global housing market chaos nowhere near end

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 …

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

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 …

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Tokyo could declare emergency if situation worsens: Governor

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, …

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Coronavirus latest: Trump suggests delaying US election

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 …

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