However, there was a fall in the number of searches for flights from Britain in the same week that quarantine was introduced for travellers returning from Spain, according to Skyscanner. Jon Thorne, from the booking website, said constantly changing rules around travel had hit consumer confidence no matter the destination, […]
plunge
Nationwide restricts mortgages over fears homeowners will plunge into negative equity
Nationwide, the country’s biggest building society, has restricted new mortgage lending over fears that falling house prices could send borrowers into negative equity. The mortgage lender announced that it will only offer loans to new customers with at least a 15pc deposit. It fears that borrowers could otherwise end up in […]
Coronavirus latest: Indonesia auto sales plunge 96% in May
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 8,005,294, according to Johns Hopkins University. The worldwide death toll has hit 435,662. To see how the disease has spread, view our virus tracker charts: […]
Avigan trial to stretch beyond June as Japan’s coronavirus cases plunge
TOKYO — Potential coronavirus treatment Avigan is now expected to take until July at the earliest to complete a clinical trial, further delaying government approval in Japan, Nikkei has learned. A sharp decline in COVID-19 cases in Japan has made it difficult to secure enough patients for testing, according to people […]
Coronavirus latest: Indonesia April car sales plunge 91%
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 4,534,731, according to the World Health Organization. The worldwide death toll has hit 307,537. To see how the disease has spread, view our virus tracker […]
Coronavirus latest: US stocks plunge on Fed chair’s grim outlook
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 4,098,018, according to the World Health Organization. The worldwide death toll has hit 283,271. To see how the disease has spread, view our virus tracker […]
Coronavirus latest: China’s industrial March profits plunge 35%
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 2,810,325, according to the World Health Organization. The worldwide death toll has hit 193,825. To see how the disease has spread, click this interactive virus […]
Garuda Indonesia shares plunge after domestic flights ban announcement
JAKARTA — Shares in Indonesia’s flagship carrier Garuda Indonesia plunged on Friday, following the country’s decision to suspend all domestic passenger flights from Saturday. The decision by the government, meant to curb people’s movements during the holy month of Ramadan, will undoubtedly hurt the carrier’s finances. The government has so […]
Oil price plunge puts North Sea rigs under threat
Producers and traders can collect Brent in the North Sea by ship and store it at sea, unlike their American counterparts, who must find storage space in Cushing or transfer thousands of barrels more than 500 miles to the coast, Gilks says. This constraint was largely the cause of Monday’s historic rout. […]
Four things to know about the historic oil price plunge
TOKYO — Even in a world becoming more used to the convulsions of the coronavirus pandemic, Monday’s breakdown in oil trading — turning the price negative for the first time in history — was astonishing. West Texas Intermediate, a reference benchmark for U.S. oil trading, plummeted to a barely comprehensible […]