It was another tough week for gig economy companies with thousands of jobs cut once again, showing that the impact of Covid-19 lockdowns are far from abating. Uber laid off a further 3,000 workers ... ( read original story ...)
India Plans Scrutiny of New Portfolio Investors From China, Hong Kong: Sources
India has drafted rules proposing tighter scrutiny of new Foreign Portfolio Investors (FPIs) from China and Hong Kong, three government sources told Reuters, its latest effort to check foreign inflows ... ( read original story ...)
Stocks Tumble on China Crackdown Worries: Live Business Updates
Mr. Li’s report said China would ramp up government spending by $140 billion to stir growth, plus issue a similar amount on bonds for coronavirus recovery efforts. While significant, the spending ... ( read original story ...)
Ethics question raised over transportation secretary’s ties to family business and China
New reporting from The New York Times is taking a look at Transportation Secretary Elaine Chao's connections to China, through her family business. New York Times investigative reporter Eric Lipton ... ( read original story ...)
Asian shares fall on US friction with China, Hong Kong fears
Shares are slipping in Asia as tensions flare between the U.S. and China and as more job losses add to the economic fallout from the coronavirus pandemic ... ( read original story ...)
China’s plans for security agencies in Hong Kong will ‘silence city’, activists say
A Chinese proposal to impose national security laws on Hong Kong could see mainland intelligence agencies set up bases there, raising fears of direct law enforcement and what U.S. Secretary of State ... ( read original story ...)
Chinese security forces could be deployed in Hong Kong under new law
Hong Kong officials indicate powers will be used to try to suppress pro-democracy protests ... ( read original story ...)
China Breaks With Taiwan Precedent, Omitting Call for ‘Peaceful’ Unification
Beijing dropped calls for pursuing peaceful ties or peaceful unification with Taiwan in an annual policy blueprint, breaking with nearly three decades of precedent in a sign that it is taking a ... ( read original story ...)
Flights to Cyprus to resume from select countries next month
Cyprus on Friday outlined plans for the phased resumption next month of commercial flights from a select number of countries with low COVID-19 infection rates to ... ( read original story ...)
Cyprus ends passenger flights ban from June 9 with conditions
Cyprus will reopen its airports to commercial flights from June 9 after nearly three months of lockdown, Transport Minister Yiannis Karousos said Friday. In the first phase, visitors will need to have ... ( read original story ...)