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Posted on May 18, 2020

Pakistan Supreme Court orders to open all shopping malls despite rise in coronavirus cases

Pakistan partially eased lockdown on May 11 and allowed shops, business and small markets to open but it did not allow shopping malls to open. During the court proceedings, the Chief Justice Ahmed …

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Posted on May 18, 2020

A GOP senator used a virtual high school commencement speech to say the US will get tough on the ‘thugs in China’

“We’re going to have to have a serious reckoning with the thugs in China who let this mess spiral out of control by lying about it,” Ben Sasse said.

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Posted on May 18, 2020

China’s New Hope sees hog production recovery by 2021

New Hope Group, one of China’s biggest pig breeders, expects the country’s hog production to recover to normal levels by 2021, chairman Liu Yonghao told reporters on Monday.

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Posted on May 18, 2020

Europe reopens widely; China gives $2 billion to virus fight

Europe is reopening more widely, allowing people into the Acropolis in Athens, shops in Italy, museums in Belgium, golf courses in Ireland and beer gardens in Bavaria …

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Posted on May 18, 2020

Lawmakers Consider Tax Breaks and Subsidies to Push American Companies Out of China

United States lawmakers are mulling proposals that could push American companies to move their supply chains out of China. According to Reuters, which conducted interviews with a dozen current and …

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Posted on May 18, 2020

China’s Huawei Hits Out at U.S. ‘Stranglehold’ as Chip Maker TSMC Reportedly Cuts Ties

“The U.S. is leveraging technological strengths to crush companies outside its own borders. This will only serve to undermine the trust international companies place in US technology,” Huawei said.

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Posted on May 18, 2020

US lawmakers and officials are crafting proposals to push American companies to move their operations out of China

The effort to diversify supply chains has received bipartisan support as Republicans and Democrats try to decrease US reliance on China-made products.

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Posted on May 18, 2020

Global banks in Hong Kong shorten annual internship programmes, go virtual as coronavirus pandemic upends office life

Each June, the next generation of investment bankers, research analysts and fund managers from across the world flock to Hong Kong for on-the-job training that could lead to highly lucrative roles at …

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Posted on May 18, 2020

Hong Kong Gyms Have New Covid-19 Rules

Is this the new normal? Hong Kong gyms have reopened with new Covid-19 social distancing and safety measures like glass partitions. More here: (Source: QuickTake) …

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Posted on May 18, 2020

Hong Kong’s GDP may contract by 5.5% in 2020: Capital Economics

Hong Kong’s GDP is forecast to contract by 5.5% this year in the wake of its anti-government protests and the coronavirus outbreak, says Martin Rasmussen of Capital Economics. However, he says that …

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