International News

Xi says China fighting ‘demon’ virus as death toll rises to 106

  Beijing: President Xi Jinping said on Tuesday China was in a struggle against a “demon” epidemic, as the death toll from the new SARS-like virus soared to 106 and the first cases of human-to-human contagion were detected abroad.   Mr. Xi made his remarks during talks...

IMF sees medium-term risks to global economy; more easing not the answer

Eco/Invest/Demography       Jan 28, 2020

The International Monetary Fund on Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt levels that could pose medium-term risks to the global economy and said further monetary easing was not the answer.   The global lender's most recent economic...

Cyber attacks in Europe, ME could be work of Turkey-sponsored hackers

Eco/Invest/Demography       Jan 28, 2020

  Sweeping cyber attacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three senior Western security officials said.   The hackers have attacked at least 30 organizations, including...

Apple’s China-centric supply chain Braces for disruption from Coronavirus

  Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more than 100 deaths.   Virtually all of the world’s iPhones are made in China,...

Death toll crosses 100 in China, global stocks tumble

  China said on Tuesday that 106 people had died from a new coronavirus that is spreading across the country, up from the previous toll of 81.   The number of total confirmed cases in China rose to 4,515 as of Jan. 27, the National Health Commission...

Ahead of Olympics, Tokyo prepares foreigners for potential disasters

Disaster & Management, Eco/Invest/Demography       Jan 28, 2020

  TOKYO: Tokyo 2020 organisers are putting the final touches to preparations less than six months out from the start of the Olympics but the area they are most concerned about remains readiness for any natural disaster striking during the Games.With thousands of foreigners expected to...

Coronavirus infects Asia stocks with exposure to China

SYDNEY: Shares of companies highly exposed to China’s economy tumbled across Asia on Tuesday on rising concern about the impact of global travel bans associated with a new virus outbreak, and even as some stocks involved in preventative health spiked after the United States and...

Amazon workers criticise company on climate change despite risk to jobs

  San Francisco: Hundreds of employees are openly criticising Amazon's record on climate change despite what they say is a company policy that puts their jobs at risk for speaking out.   On Sunday, more than 300 employees of the online retail giant signed their names and...

Epidemics and equities: What the coronavirous means for markets

  A rapidly spreading viral outbreak is disrupting travel and business in China, which took unprecedented steps to lock down cities with a combined 40 million people around the epicenter in Wuhan to try to slow its progress.   For global corporations, Wuhan is an important hub....

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