The boss of Qantas is not expecting international travel to and from Australia to restart until mid-2021 after the airline sunk to its first annual loss in six years. Alan Joyce said routes to the US could stay closed for even longer and only open to overseas airlines once a vaccine has […]
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Wall Street sinks as 10-week boom comes crashing down on ‘second wave’ fears
“Equity markets have come under huge pressure as there are fears about a second wave of Covid-19 infections. US states like Texas, California and Arizona reported there has been an increase in new infections, which is likely to be a result of the loosening of lockdown restrictions,” said David Madden […]
Thailand’s condo market sinks as Chinese investment ebbs
BANGKOK — Beijing native Bobby He has a dozen Chinese friends who own condominium units across Thai hot spots such as Bangkok, Phuket and Pattaya. “Some even bought three units at the same project,” he said. “They plan to retire in Thailand, so one unit is for self-stay while the […]
Philippines sides with Vietnam after China sinks fishing boat
MANILA — The Philippines on Wednesday expressed “deep concern” over the sinking of a Vietnamese fishing boat that was allegedly rammed by a Chinese vessel in the disputed South China Sea. In a rare public rebuke of Beijing, Manila’s foreign ministry issued a statement recalling the sinking of a Philippine […]