The Hong Kong Exchange Building. Vincent Isore | IP3 | fake pictures Initial public offerings (IPOs) in Greater China increased in the first half of this year, offsetting declines seen elsewhere due to the impact of the coronavirus pandemic. In the first six months, listings in Greater China increased by …
Read More »How Hong Kong defeated the coronavirus and avoided the blockade
When Apple closed its retail stores worldwide amid the coronavirus pandemic, a handful of outlets were exempt, including its six Hong Kong locations. In fact, much of Hong Kong has felt relatively normal this year compared to its peers, who enacted strict blocking measures. Since its first confirmed Covid-19 case …
Read More »Asia’s economy will shrink “for the first time in living memory” due to coronavirus
The Asian economy is expected to shrink this year “for the first time in memory,” said the International Monetary Fund, warning that the region could take several years to recover. The fund said in a blog post published Tuesday that the Asian economy is likely to contract 1.6% this year, …
Read More »United States Records Record 50,000 New Cases in One Day
California, Michigan and New York City became the last areas on Wednesday to halt some aspects of their reopening efforts as new cases increase across the country. Amid the surge, President Donald Trump said it is “all for masks,” but he does not believe the United States needs a national …
Read More »India “will never compromise” its strategic interests, says minister
India will not compromise its strategic interest, a cabinet minister said on Wednesday, even as New Delhi and Beijing seek to calm tensions after last month’s border clash in the Himalayas. A “violent confrontation” in the Galwan Valley in Ladakh left 20 Indian soldiers dead. While India said both sides …
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