TOKYO (AP) — Asian shares rose Tuesday, cheered by fresh moves by the U.S. Federal Reserve to support markets battered by the coronavirus pandemic.
Japan’s benchmark Nikkei 225 gained 3.2% to 22,212.62. South Korea’s Kospi gained 4.5% to 2,123.35, while Australia’s S&P/ASX 200 jumped 3.7% to 5,932.40. Hong Kong’s Hang Seng added 2.6% to 24,403.92. The Shanghai Composite edged up 0.9% to 2,916.07.
Manila, Jun 15 (AP/PTI) An award-winning journalist critical of the Philippine president was convicted of libel and sentenced to jail on Monday in a decision called a major blow to press freedom in an Asian bastion of democracy.
Beijing, Jun 15 (PTI) China has begun the mass testing of hundreds of people who had visited a Beijing wholesale market which sparked a fresh bout of coronavirus cases even as the country reported 67 new COVID-19 infections including 42 in the capital.
In a bid to stem the spread of the contagion, the authorities in Beijing have conducted the nucleic acid test on 29,386 people who had visited the Xinfadi wholesale market since May 30, Gao Xiaojun, spokesman for the Beijing Health Commission, said on Monday.
TOKYO (Reuters) - Japan will resume fiscal reform once the economy overcomes the hit from the coronavirus pandemic, Prime Minister Shinzo Abe said, brushing aside calls by some lawmakers to keep spending permanently with money printed by the central bank.
The government has pledged to spend a combined $2.2 trillion in two stimulus packages to cushion the economic blow from the pandemic, while the central bank has pledged to buy unlimited amounts of bonds to cap borrowing costs at zero.
TOKYO (AP) — Shares were mostly lower in Asia on Monday on concern over a resurgence of coronavirus cases and pessimism after Wall Street posted its worst week in nearly three months.
Benchmarks in Tokyo, Sydney and Shanghai fell after China reported an outbreak of new infections in Beijing and reimposed precautions to prevent it from spreading.
SINGAPORE, June 14 (NNN-CNA) – Singapore’s Ministry of Health (MOH) reported 347 new COVID-19 cases on Saturday, bringing the total confirmed cases in the country to 40,197.
Of the new cases, 99 percent are linked to known clusters, while the rest are pending contact tracing.
TOKYO, June 14 (NNN-NHK) – An earthquake with a magnitude of 6.3, struck off the northwest coast of the Amamioshima Island, of Japan’s Kagoshima Prefecture today, Japan Meteorological Agency (JMA), said.
The temblor occurred at around 0:51 a.m. local time, with its epicentre at a latitude of 28.8 degrees north and a longitude of 128.3 degrees east, and at a depth of 160 km.
The quake logged 4 in some parts of Kagoshima Prefecture, on the Japanese seismic intensity scale which peaks at 7.
So far no tsunami warning has been issued.
KUALA LUMPUR, June 14 (NNN-BERNAMA) — Malaysia’s King, Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah has called on all Malaysians to pray for the wellbeing of Palestinians.
Istana Negara’s Comptroller of the Royal Household, Datuk Ahmad Fadil Shamsuddin, said His Majesty had also expressed his deep concern and support for the Palestinian cause.
SEOUL, South Korea (AP) — South Korea on Sunday convened an emergency security meeting and urged North Korea to uphold reconciliation agreements, hours after the North threatened to demolish a liaison office and take military action against its rival.
BEIJING (AP) — China on Sunday reported its highest daily total of new coronavirus cases in two months after the capital’s biggest wholesale food market was shut down following a resurgence in local infections.
There were 57 confirmed cases in the 24 hours through midnight Saturday, the National Health Commission reported. That was the highest daily toll since mid-April and included 36 in Beijing, the capital.
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