Investors could be putting their savings at risk by snapping up severely discounted stocks as a second spike in coronavirus cases and another lockdown look increasingly likely. Airlines, oil majors and high-street banks have been some of the most-bought companies since the stock market sell-off in March, of which they were some of the […]
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Beijing district in ‘wartime emergency mode’ after virus spike
BEIJING (Reuters) — A district of Beijing was on a “wartime” footing and the capital banned tourism on Saturday after a cluster of novel coronavirus infections centred around a major wholesale market sparked fears of a new wave of COVID-19. Concern is growing of a second wave of the pandemic, […]
Coronavirus latest: South Korea tightens rules as cases spike
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 5,722,859, according to Johns Hopkins University. The worldwide death toll has hit 356,279. To see how the disease has spread, view our virus tracker charts: […]
Seoul returns to strict distancing as coronavirus cases spike
SEOUL — South Korea will again ask people in the Seoul metropolitan area to stay at home starting Thursday as new clusters of coronavirus infections raise concerns about a second wave. The country reported 79 new cases on Wednesday, marking the first time in three weeks that the daily tally […]
Indonesia coronavirus cases spike towards end of Ramadan
JAKARTA — Indonesia has seen two of its biggest daily spikes in coronavirus cases this week, but the worst may yet to come with concerns rising over further contagion surrounding the celebration of the Islamic holiday of Idul Fitri, due to fall on Sunday. On Thursday, the government’s task force […]
China to US airfreight prices spike as coronavirus hits
TOKYO/BANGKOK — Air and sea cargo fares have surged due to the coronavirus pandemic, with airfreight prices from Shanghai to U.S. and Europe quadrupling since the outbreak started. Aviation companies have massively cut back on air cargo operations, as passenger demand for flights have plunged in the wake of travel bans and quarantines. […]
Coronavirus latest: Indonesia records biggest spike with 689 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 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 […]
Indonesia deals with dueling outbreaks as dengue cases spike
JAKARTA — Already struggling to cope with the spread of coronavirus, Indonesia’s medical infrastructure is being pushed to the limit as the country sees a surge in potentially deadly dengue cases. With the Southeast Asian archipelago notorious for inadequate medical infrastructure, a continued rise in cases of dengue fever — […]
Coronavirus latest: India’s 73 new deaths mark biggest spike yet
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 2,954,222, according to the World Health Organization. The worldwide death toll has hit 202,597. To see how the disease has spread, view our virus tracker charts: Here […]
Business balances getting back to work with fears of a second Covid spike
The hospitality sector would be hit even harder by a second lockdown, experts believe, with high profile businesses such as Carluccio’s and Chiquito already having collapsed. “There’s no easy answer,” said Alasdair Murdoch, chief executive of Burger King in the UK, who is focused on making sure the business has enough cash. […]