Franklin Templeton Mutual Fund on Thursday announced the closure of its six credit funds due to liquidity issues amid the coronavirus crisis.
Coronavirus lockdown and drug ‘hijack’ raises India malaria fears
In the months before the monsoon rains come pouring down in June, 47,000 healthcare workers would usually fan out across the state of Odisha in north-east India, trekking through thick jungle to help …
India’s Muslims feel targeted by rumors they’re spreading Covid-19
As fears of a widespread coronavirus outbreak in India mount, members of the country’s Muslim community are being accused of spreading the virus.
China promises subsidies to boost falling electric car sales
China is promising more subsidies to shore up plunging electric vehicle sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model …
China unveils name of first Mars exploration mission
China’s space agency on Friday unveiled the name of its first Mars exploration mission, coinciding with China’s annual Space Day and the 50th anniversary of the launch of its first satellite.
China’s cash-strapped poor take on more debt as coronavirus hits job prospects
Demand for consumer loans is picking up in China, especially among the less affluent, highlighting a group that some say could use more support during the coronavirus-induced economic downturn.
U.S. Aid Bill Passed; China Cuts Another Rate: Virus Update
The U.S. House of Representatives overwhelmingly passed a $484 billion coronavirus aid package, replenishing funding to aid small businesses and provide support for hospitals and virus testing.
Swatch CEO says China sales rise but global situation still grim
Swatch Group’s sales at its own stores in China are up by almost a quarter during April, the watchmaker’s Chief Executive Nick Hayek told Blick newspaper, but the global situation following the …
Las Vegas Sands Stock Jumps Higher on Macau Hopes
Las Vegas Sands moved sharply higher during Thursday’s session on better-than-expected earnings and bullish analyst comments.
In Taiwan, the pandemic is playing out very differently. What does life like?
Cellphones tracked, restaurants with X’s taped on every other chair, thermometers to enter a building. Taiwan shows that the post-virus normal is different.