covid-19


Trip.com shares rise on debut as China braces for busy holiday

Trip.com shares rise on debut as China braces for busy holiday

(ATF) Online travel platform Trip.com Group shares rose in their debut on Monday in Hong Kong, amid expectations of a busy travel season in China.Trip.com shares opened 4.8% higher and were last up 3.4% at HK$277.40, compared with their IPO price of HK$268.00 a share.The company raised about HK$8.33 billion …

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Japan manufacturers' optimism hits two-year high on strong demand

Japan manufacturers' optimism hits two-year high on strong demand

(ATF) Japanese manufacturers are showing optimism not seen in more than two years, as strong demand for electronics market and favourable exchange rates boosted exporters' hopes, a poll showed on Friday.Manufacturers in the service sector were also slightly less pessimistic than in the previous month, according to the Reuters Tankan …

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Mining gets green light as Duterte tries to kickstart economy

Mining gets green light as Duterte tries to kickstart economy

(ATF) Philippine President Rodrigo Duterte on Thursday lifted a nine-year ban on new mining projects, as part of a raft of measures designed to boost revenue and spur investment in the Southeast Asian country's coronavirus-devastated economy.The mining industry has stagnated since 2012 when Duterte's predecessor, Benigno Aquino, imposed a moratorium …

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Second Covid wave dents India’s rebound but analysts hopeful

Second Covid wave dents India’s rebound but analysts hopeful

(ATF) The dramatic resurgence of Covid infections in India and reimposition of curbs to rein in the surge has spooked businesses and dented the jittery consumer sentiment. Experts say it threatens the sharp economic rebound enjoyed over the past six months.But they expect the recovery will resume later in the …

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Top scientist raises efficacy issues with Chinese Covid-19 vaccines

Top scientist raises efficacy issues with Chinese Covid-19 vaccin

(ATF) China's vaccination campaign has taken a double body blow in recent days, with a leading scientist criticising the standards of the country's homegrown jabs, and a long-awaited study confirming that the Sinovac vaccine has an efficacy rate barely above a coin toss.Over the weekend, the Chinese Center for Disease …

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Markets this week: Inflation outlook, vaccine progress key

Markets this week: Inflation outlook, vaccine progress key

(ATF) Economic eventsInvestors will focus on the corporate results in several markets after a holiday shortened week, looking for clues about the earnings visibility and recovery path. They will also monitor vaccination progress and mobility in various economies as subsequent waves of infections forces lockdowns.“Mobility data have weakened in many …

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Thais face biggest Covid wave, while Myanmar crisis intensifies

Thais face biggest Covid wave, while Myanmar crisis intensifies

(ATF) Mainland Southeast Asia faces the threat of greater economic grief in coming months – and possibly much longer – driven by the deepening crisis in Myanmar and a resurgence of the coronavirus pandemic in Thailand. A third wave of Covid has spread to at least 40 of Thailand's 77 …

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Thailand prepares for tourists who've had the Covid vaccine

Thailand prepares for tourists who've had Covid vaccine

(ATF) Thailand is banking on a vaccine-driven economic recovery for its hotel and tourism industry, which has been devastated by the coronavirus.Tourism is big business in Thailand and normally accounts for 11-12% of GDP. The Covid-19 pandemic cost about a third of the 4.5 million Thais who work in their …

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Covid outbreak in southern China, as troops mass on Myanmar border  

Covid outbreak in southern China, troops mass on Myanmar border

(ATF) Migrants from Myanmar are suspected to have caused a new outbreak of Covid-19 in southern China, state media has suggested.China reported its biggest daily jump in new Covid-19 cases in more than two months in Ruili – a city on the border with Myanmar in southwestern Yunnan province. Ruili's …

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US Customs accuses Malaysian glove maker of forced labour

US Customs accuses Malaysian glove maker of forced labour

(AFP) US Customs and Border Protection Department said on Monday it has found forced labour at factories run by Top Glove in Malaysia, so it has ordered officials at US ports to seize disposable gloves made by the company.The Department posted a statement overnight saying it has "sufficient information to …

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