Asia

IMF says Asia will suffer zero economic growth this year

Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented” toll on the region’s service sector…

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Cherry blossoms, un-seasonal snowfall and fear – Covid19 in Japan

Visitors are viewing and taking photos of cherry blossoms in unseasonably snowfall in Tokyo, Japan, 29 March 2020 while Tokyo government warns to avoid crowd for viewing cherry blossoms in…

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Photo Story: Reports US Fed to ‘quarantine’ dollar bills repatriated from Asia

US dollar bills (L) are placed beside (from top to bottom) Chinese Yuan, Taiwan Dollars, Indian Rupee, Hong Kong Dollars, and Japanese Yen, Taipei, Taiwan. According to news reports, the…

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Bird populations are collapsing in the US and Asia

Bird populations in Asia and the US are "in crisis", according to two major studies. The first concludes there are three billion fewer birds in the US and Canada today…

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Malaysian former PM trial postponed

The much-anticipated 1MDB trial implicating Malaysia's former prime minister Najib Razak, who is accused of obtaining gratification totalling about RM2.3 billion (S$763 million) while in office, has been postponed to…

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Concern as drug-resistant malaria strains spread through south east Asia

Strains of drug-resistant malaria are becoming more dominant in Vietnam, Laos and northern Thailand after spreading rapidly from Cambodia. Malaria is caused by parasites which are carried by mosquitoes and…

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Deutsche Bank axes whole teams in Asia-Pacific

Whole teams in Deutsche Bank’s Asian operations were told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to…

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Corporate Midday Dispatch – Financial and Corporate News Roundup

Less than 15 per cent of Malta's debt is held by non-residents, in stark contrast with the situation in other member states. Eurostat on Friday reported that there were significant differences…

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Huawei reviews relationship with FedEx – Reports

Chinese telecoms equipment maker Huawei is reviewing its relationship with FedEx Corp after it claimed the U.S. package delivery company, without detailed explanation, diverted two parcels destined for Huawei addresses…

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Salvini calls for Turkey’s EU application to be definitively rejected

Deputy Italian Prime Minister and Interior Minister Matteo Salvini on Monday called for Turkey's application to join the EU to be definitively rejected. Salvini, who is also leader of the…

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Celebration in Arab world as Qatar wins Asian Cup

Football fans across the Arab world have celebrated Qatar's historic AFC Asian Cup win as an "Arab victory" after the Gulf country beat four-time champions Japan 3 -1 in the…

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Almost 59% of all terrorist attacks in 2017 happened in Asia

Almost 59 per cent of all terrorist attacks in 2017 took place in five Asian countries, including India and Pakistan, a US report said Thursday. The other three countries, according…

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North and South Korea set to announce official end to war

North and South Korea are in talks to announce a permanent end to the officially declared military conflict between the two countries, daily newspaper Munhwa Ilbo reported Tuesday, citing an unnamed South Korean…

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