BEIJING (AP) — Last month, Wuhan was overwhelmed with thousands of new cases of coronavirus each day. But in a dramatic development that underscores just how much the outbreak has pivoted toward Europe and the United States, Chinese authorities said Thursday that the city and its surrounding province had no new cases to report.
BEIJING (AP) — Factories in China, struggling to reopen after the coronavirus shut down the economy, face a new threat from U.S. anti-disease controls that might disrupt the flow of microchips and other components they need.
The shock threatens to set back the ruling Communist Party’s efforts to revive the world’s second-largest economy after it declared victory over the outbreak. It would add to pressures on global business activity as Western countries close workplaces, limit travel and tell consumers to stay home.
BANGKOK (AP) — Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street.
Stocks fell in Tokyo, Sydney, Hong Kong and Seoul in early trading Thursday. Investors are in search of cash as fears of a prolonged coronavirus-induced recession take hold.
Japan’s Nikkei 225 index gave up 0.7% to 16,5602.26, while in South Korea, the Kospi sank 6.5% to 1,487.85. Hong Kong’s Hang Seng index slipped 4% to 21,397.56 and the Shanghai Composite index shed 1.9% to 2,676.79.
BEIJING, Mar 18 (APP): Short – just two days – and low-profile as it was, Pakistani President Dr. Arif Alvi’s just-concluded visit to Beijing was loaded with rich symbolism and substance and will serve bilateral relations well.
For official visits by foreign leaders, timing always matters. But particularly now, as countries all over the world are preoccupied with self-defense amid the novel coronavirus pandemic, and national leaders are, by and large, avoiding international trips, according to an article published by China Daily on Wednesday.
(Reuters) - Myanmar’s army said on Wednesday it had withdrawn a criminal complaint it filed against Reuters news agency after being requested to do so by the Myanmar Press Council and in the interest of good relations with the media.
Police said last week the military had filed a lawsuit against Reuters and a local lawmaker for criminal defamation weeks after objecting to a news story about two Rohingya Muslim women, who died as a result of shelling in Rakhine state.
HONG KONG (Reuters) - A Hong Kong court on Wednesday ordered rail operator MTR Corp to hand over CCTV footage from a police operation at two subway stations during anti-government protests last year that a student leader plans to use to sue officers.
On Aug. 31, scenes filmed by TV reporters of police beating protesters cowering on the floor of a metro train went viral, sparking outrage and demands for MTR to release full footage.
MTR only released some screen shots through a press release.
BEIJING, Mar 18 (NNN-XINHUA) – Chinese President, Xi Jinping, held talks here on Tuesday with visiting Pakistani President, Arif Alvi.
“At present, the Chinese government and Chinese people are working hard to score an all-around victory against the COVID-19,” Xi said.
Xi praised Pakistan’s support for China, noting that at the beginning of the epidemic, President Alvi wrote him a letter to convey consolation, and Alvi’s latest trip marks his firm support. Pakistan also offered everything within their capabilities to provide China with anti-epidemic materials.
MANILA, Mar 18 (NNN-PNA) – The World Bank earmarked a 100-million-U.S. dollar fast-track loan, to help the Philippines fight COVID-19, the Philippine Department of Finance said.
The fiance department said today, the funds will enable the Department of Health (DoH) to procure personal protective equipment for health care workers, along with testing and laboratory materials, quarantine areas, isolation rooms and other essential equipment, to contain the spread of the viral disease.
BEIJING (AP) — Major Asian stock markets were higher Wednesday after Wall Street rebounded on President Donald Trump’s promise of aid to get the U.S. economy through the coronavirus outbreak.
Benchmarks in Shanghai, Tokyo and Hong Kong all advanced. Australia’s main index fell 5% and smaller Asian markets were mixed.
The White House proposal could approach $1 trillion in spending to ward off the pressure of business closures to contain the virus. The Federal Reserve announced more measures to keep financial markets operating.
BEIJING (AP) — China said Wednesday it will revoke the media credentials of all American journalists at three major U.S. news organizations, in effect expelling them from the country, in response to U.S. restrictions on Chinese state-controlled media.
The foreign ministry said American citizens working for The New York Times, The Wall Street Journal and The Washington Post with credentials expiring before the end of the year must surrender their press cards within 10 days.
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