cases

Are rising Covid-19 cases about to crash stock markets again?

Iain Barnes, of wealth manager Netwealth, said central bank measures to support stock markets have led to a positive longer-term outlook for stocks.

Nevertheless, there will be considerable volatility along the way, particularly in the coming months as cases rise and markets digest the news, he noted. 

He said investors should watch American stock markets closely for signs that consumers are less willing to spend, which may see American stocks perform worse than other regions.     

The November presidential election adds a further complication, according to Mr Barnes, as the virus could lead to some less market-friendly policies from resurgent Democrats.  

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Beijing travelers face restrictions amid spiraling virus cases

Beijing reported 21 new COVID-19 cases on Thursday, ten fewer than the day before, as other parts of China imposed restrictions on people entering from the capital.

The city has now logged 158 new infections since June 11 after going nearly two months without recording a single case.

Authorities have raised the capital’s public health emergency response level from three to two. In an effort to stamp out emerging coronavirus hot spots before they grow, authorities have also locked down several residential compounds, launched mass testing and tracing initiatives, and closed certain businesses just days after they had reopened.

The

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Coronavirus latest: Fitch ‘negative’ on India outlook as cases rise

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 8,320,288, according to Johns Hopkins University.

The worldwide death toll has hit 447,628.

To see how the disease has spread, view our virus tracker charts:


(Source photo by AP) 

Here are the latest developments (Tokyo time):

Thursday, June 18

15:10 p.m. Vietnam approves its biggest commercial project this year as the government seeks to maintain what has been a record pace of public and private investment since January to help the economy emerge from

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Coronavirus latest: WHO says to use steroid only for severe cases

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 8,320,288, according to Johns Hopkins University.

The worldwide death toll has hit 447,628.

To see how the disease has spread, view our virus tracker charts:


(Source photo by AP) 

Here are the latest developments (Tokyo time):

Thursday, June 18

9:20 a.m. Qantas Airways cancels most international flights through late October as the Australian government indicates its border will remain closed into 2021.

4:00 a.m. A cheap steroid that can help save the lives of

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