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Posted on July 22, 2020

South Korea scales back capital gains tax on stocks, hikes income tax for top earners

South Korea on Wednesday scaled back plans to impose capital gains taxes on stock investments in response to complaints by retail investors, but said it will hike taxes for top earners as part of …

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Posted on July 22, 2020

Undiagnosed virus infections could be 27 times higher in South Korea’s Daegu city-study

A small South Korean survey of people with no history of COVID-19, but living in a city with the most cases, showed that one in nine had antibodies to the novel coronavirus, indicating the virus may …

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Posted on July 22, 2020

Thailand is losing key economic ministers as country tries to recover from coronavirus-induced slump

Six ministers have resigned from the Thai government, including Finance Minister Uttama Savanayana and Deputy Prime Minister Somkid Jatusripitak, whom a Reuters report referred to as an “economic …

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Posted on July 22, 2020

Thailand to extend emergency decree until end of august: official

Thailand will extend a state of emergency until the end of August, a senior official said on Wednesday, maintaining the security measure put in place to contain its coronavirus outbreak. The announcem …

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Posted on July 22, 2020

Palace: Philippines critical care capacity out of danger zone

The Philippines’ critical care capacity is no longer in the danger zone as there are now more available hospital beds for patients infected with coronavirus disease 2019 (COVID-19), Malacañang said …

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Posted on July 22, 2020

Japan’s GoTo domestic tourism push stalls amid fears of Covid-19 ‘disaster’

Surge in cases forces the government to create an exclusion zone around the capital and pay out for cancellations …

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Posted on July 22, 2020

Confusion swirls as Japan launches tourism campaign amid virus surge

Japan on Wednesday kicked off a national travel campaign aimed at reviving its battered tourism industry, but the effort has drawn heavy criticism amid a jump in new coronavirus cases.

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Posted on July 22, 2020

AIIB approves $250 million loan to Pakistan to fight COVID-19 impact

The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said on Wednesday it would lend $250 million to Pakistan to help the country deal with the effects of the COVID-19 pandemic.

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Posted on July 22, 2020

Matiullah Jan: Pakistan anger as video shows reporter’s abduction

A video purported to be of the kidnapping sparked an outcry on social media, with many pointing fingers at the Pakistani secret services. It is widely seen as being behind the country’s mounting …

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Posted on July 22, 2020

Pakistan blocks Bigo live streaming app, issues ‘final warning’ to TikTok

The Pakistan Telecommunications Authority banned live streaming app Bigo and issued a “final warning” against TikTok citing complaints of “immoral, obscene and vulgar content” on the apps.

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