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Posted on May 4, 2020

India’s factory activity slumped to record low in April: PMI

India's manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread of the coronavirus led to a slump in demand and massive supply chain ... ( read original story ...)

Posted on May 4, 2020

Coronavirus: How Covid-19 is ravaging India’s newsrooms

Last fortnight, a camera operator working in the studio of a news network in the western city of Mumbai joined some of his colleagues to test for the novel coronavirus which was sweeping the city. ( read original story ...)

Posted on May 4, 2020

Hong Kong falls nearly 4% as US-China tensions weigh on investor sentiment

Tensions are rising between Washington and Beijing, as U.S. President Donald Trump said Sunday that he believed that a "mistake" in China was the cause of the spreading coronavirus pandemic. ( read original story ...)

Posted on May 4, 2020

U.S. Intelligence Officials Believe China Covered Up Severity of Coronavirus Outbreak to Stock Up on Medical Supplies

President Donald Trump’s political opponents have accused him of lashing out at China, a geopolitical foe but critical U.S. trade partner, in an attempt to deflect criticism at home. Not classified ... ( read original story ...)

Posted on May 4, 2020

Trump Administration Pushing to Rip Global Supply Chains From China: Officials

The Trump administration is "turbocharging" an initiative to remove global industrial supply chains from China as it weighs new tariffs to punish Beijing for its handling of the coronavirus outbreak, ... ( read original story ...)

Posted on May 4, 2020

Markets drop in Asia on rising China-US tensions over virus

Shares skidded in Asia on Monday as investors eyed rising tensions between the Trump administration and China over the origins and handling of the coronavirus pandemic. ( read original story ...)

Posted on May 4, 2020

Corporate debt in China, Singapore and South Korea is rising fast as coronavirus hits revenue

Among Asian economies, corporate debt builds up the fastest and the most in China, South Korea and Singapore, according to a report by Australian bank ANZ last week. ( read original story ...)

Posted on May 4, 2020

Asian Markets Down as Tension Rises Between U.S. and China: Live Updates

Prices for U.S. Treasury bonds also rose during Asian trading, amid investor skepticism over the global economic outlook. Sentiment was hurt in part by rising tensions between the United States and ... ( read original story ...)

Posted on May 4, 2020

Mirae Asset scraps $5.8 billion deal to buy U.S. hotels from China’s Anbang

South Korea's Mirae Asset Global Investments said on Monday that it has terminated a $5.8 billion deal to buy 15 U.S. hotels from China's Anbang Insurance Group [ANBANG.UL]. ( read original story ...)

Posted on May 4, 2020

China Coronavirus Cover Up: Beijing ‘Intentionally Concealed Severity’ Of COVID-19, US Intel Reveals

U.S. intel report claims the Chinese government “intentionally concealed the severity” of the pandemic China reportedly hoarded medical supplies before informing WHO of the contagion China's imports ... ( read original story ...)

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