Tens of thousands of exhausted seafarers are trapped at sea in a humanitarian crisis that could spread and damage international trade and supply chains. Many are abandoned due to border closures and immigration restrictions designed to contain the coronavirus pandemic, which has also affected the regular change of crew members …
Read More »Invest in Chinese stocks amid coronavirus and tensions with the US USA
Chinese President Xi Jinping walks past officials wearing face masks after the outbreak of coronavirus disease (COVID-19) when he arrives for the closing session of the National People’s Congress (NPC) in the Great Hall of the People in Beijing , China, May 28, 2020.. Carlos García Rawlins | Reuters China …
Read More »Asia stocks peak four months in stubborn optimism
SYDNEY (Reuters) – Asian stocks rose to a four-month high on Wednesday as investors remained stubbornly optimistic about prospects for a reopening of the world economy, even as coronavirus cases seemed to accelerate to new peaks. FILE PHOTO: A man wearing a protective face mask, after the outbreak of coronavirus …
Read More »Foreign companies buy more China despite tensions with the United States
A pedestrian with a protective mask walks through the Lujiazui financial district in Shanghai, China on Friday March 20, 2020. Qilai Shen | Bloomberg | fake pictures As global uncertainty increases, more foreign companies are buying into China, including deals in the most sensitive finance and technology industries. “In the …
Read More »Asian actions under pressure after a peak in coronavirus cases
NEW YORK (Reuters) – Asian stocks were expected to be under pressure on Wednesday, as a surge in new coronavirus infections weighed on sentiment, though U.S. assurances that China’s trade deal was intact and Optimistic economic data provided some reasons for optimism. FILE PHOTO: A man wearing a protective face …
Read More »