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Asian stocks gain after France, Spain unveil reopening plans

BEIJING (AP) — Asian stock markets gained Wednesday after France and Spain joined governments that plan to ease anti-virus controls and allow businesses to reopen.

Benchmarks in Shanghai, Hong Kong, Sydney and Southeast Asia advanced. Japanese markets were closed for a holiday.

Wall Street retreated overnight, hurt by declines in health care and tech stocks that have been among the winners during the coronavirus pandemic.

China to convene Congress, showing confidence in virus fight

BEIJING (AP) — China has decided to hold the annual meeting of its ceremonial parliament late next month after postponing it for weeks because of the coronavirus outbreak.

The official Xinhua News Agency on Wednesday said the National People’s Congress would open in Beijing on May 22, according to a decision made by its standing committee, which handles most legislative affairs outside the annual two-week session of the full body.

China begins construction of airport in city bordering Pakistan, Afghanistan, Tajikistan

BEIJING, April 28 (APP): China has begun construction of an airport on Pamirs Plateau, Taxkorgan, only county-level city in northwest Xinjiang Uyghur Autonomous Region that borders three countries – Pakistan, Afghanistan and Tajikistan.

It will also be the region’s first plateau airport upon completion, according to a report of China Global Television Network (CGTN) on Tuesday.

JAPAN: Next year's Olympics will be cancelled if pandemic not over: Games chief

28 April 2020; AFP: The postponed Tokyo 2020 Olympics will have to be cancelled if the coronavirus pandemic isn't brought under control by next year, the organising committee's president warned, ruling out further delays.

The comments, in an interview with a Japanese sports daily published Tuesday, come as medical experts doubted whether the pandemic can be sufficiently contained by next year to hold an event drawing participants and spectators from around the world.

Next year's Olympics will be cancelled if pandemic not over

Tokyo, Apr 28 (AFP/PTI) The postponed Tokyo 2020 Olympics will have to be cancelled if the coronavirus pandemic isn't brought under control by next year, the organising committee's president warned, ruling out further delays.

The comments, in an interview with a Japanese sports daily published Tuesday, come as medical experts doubted whether the pandemic can be sufficiently contained by next year to hold an event drawing participants and spectators from around the world.

Singapore to enter into recession this year due to coronavirus pandemic

Singapore, Apr 28 (PTI) Singapore will enter into a recession this year due to the coronavirus pandemic and the city-state's economic growth could even dip below the forecast range of -4 to -1 per cent to record its worst-ever contraction, the country's central bank said on Tuesday.

The Monetary Authority of Singapore (MAS) in its latest half-yearly macroeconomic review warned of job losses and lower wages, with significant uncertainty over how long and intense the downturn will be.

Malaysia: Deputy Health Minister fined RM1,000 for breaching corona MCO

GERIK, April 28 (NNN-BERNAMA) — Deputy Health Minister Datuk Dr Noor Azmi Ghazali was fined the maximum amount of RM1,000 in default one month’s jail by the Magistrate’s Court here today for breaching the Movement Control Order (MCO) by attending a lunch event two weeks ago.

Also fined the same amount were Perak executive councillor for education, human capital development, non-governmental organisation (NGO) and civil society, Razman Zakaria, and 13 others.

Japan gov't submits reworked extra budget to mitigate virus' economic blow

TOKYO, April 27 (Xinhua) -- The Japanese government on Monday submitted a reworked supplementary budget to the parliament to finance a number of emergency measures to help mitigate the overall economic blow from the coronavirus pandemic.

"The virus infections have been exerting an enormous impact on the domestic and overseas economies, and the extremely severe situation is expected to continue until we can see signs of the outbreak coming to an end," Japan's Finance Minister Taro Aso said in the lower house, calling for the budget's speedy approval.

Beijing's SARS treatment hospital clears all COVID-19 cases

BEIJING, April 28 (Xinhua) -- Xiaotangshan Hospital, which was previously used to quarantine SARS patients in Beijing, cleared all COVID-19 cases Tuesday and is scheduled to cease operation Wednesday.

The hospital, located in the city's northern suburb, was renovated and put into operation on March 16 for the screening and treatment of imported mild and common confirmed COVID-19 cases, suspected cases and those who need to be tested.

Summer unlikely to see drop in COVID-19 cases: Chinese expert

BEIJING, April 27 (APP): A Chinese expert of infectious disease Monday said it was not likely that the number of COVID-19 cases would drop significantly in the summer worldwide.

Although the severe acute respiratory syndrome (SARS) virus disappeared in the summer in 2003, this novel coronavirus, which had killed over 200,000 people so far across the globe, appeared to be very different from the past viruses, Director of the Infectious Disease Department at the Peking University First Hospital Wang Guiqiang said at a news briefing held here.

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