Asian markets tumble as infection rates jump
Friday, 10 July 2020
Asian markets sank Friday as rising virus infection rates across the world put the brakes on the latest rally. Equities have shown a healthy resilience to the rapid spread of the disease around the world, with hopes for the economic recovery, the easing of lockdowns, and government largesse providing crucial support. But several days of figures showing a record number of new cases in populous US states including Florida, Texas, and California -- leading to the reimposition of containment measures -- were beginning to sink in. A lockdown in Australia's second-biggest city Melbourne and the sprouting of new clusters in Hong Kong, which had gone weeks without any...
You Might Like
💡 One News Page Knowledge: Other News Mentions
Livestreaming in Asia: Meet the stars of 'shoppertainment'As Covid-19 keeps millions of people at home, the popularity of "shoppertainment" has skyrocketed in Asia.
Coronavirus: World's biggest gambling hub reopens for businessThe "Las Vegas of Asia" is hoping to bring back the high-rollers after its virus-driven visitor slump.
Singapore's recession worse than first thought as virus slams Asia's exportersSINGAPORE- Singapore’s recession was deeper than first estimated in the second quarter as the coronavirus pandemic dealt a major blow to Asia’s trade-reliant..
China & US War in 3 Months?The former Labor Prime Minister of Australia Kevin Rudd has come out in a piece he wrote in Foreign Affairs – Beware the Guns of August—in Asia. Rudd is..
How a Mumbai slum successfully combated coronavirus as cases soar across IndiaThe international community is praising the coronavirus response in Asia's largest slum even as new threats loom. Health officials in Mumbai, India focused on..
Victorian government in COVID aged care takeoverThree aged care facilities in Melbourne's west have been taken over by the state government following outbreaks of coronavirus.
Sydney Opera House lights up with Lebanese cedar in solidarity with BeirutLandmarks in Sydney and Melbourne carried the colours of Lebanon in a show of solidarity.
Man in his 60s becomes Tasmania's first coronavirus case in nearly three weeksA man in his 60s who returned to Tasmania after going to Melbourne for medical treatment has tested positive to coronavirus.
Tasmania records fresh virus caseA man in his 60s who returned to Tasmania after going to Melbourne for medical treatment has tested positive to coronavirus.
We put your questions about mental health support during the pandemic to the expertsWith Melbourne under lockdown and the Victorian government announcing much-needed funding for mental health services, we asked your questions about what support..
After TikTok and WeChat, Alibaba could be the next target in Trump's tech warHong Kong (CNN Business)The United States has taken aim at some of China's biggest tech champions, from Huawei and ByteDance's TikTok to Tencent's WeChat...
Hong Kong lawmaker says, "I don't know how I can protect myself""We were supposed to have rule of law. But now it's rule by law, or even rule by fear," pro-democracy legislator Tanya Chan told CBS News.
Pro-democracy media tycoon Jimmy Lai freed on bail amid Hong Kong crackdown
Credit: euronews (in English) Duration: 00:50Published
China imposes sanctions on 11 Americans, including 6 Republican lawmakersChina announced sanctions on 11 Americans for their critical views of Hong Kong. Six Republican lawmakers are on the list, including Senators Marco Rubio and Ted..
Jimmy Lai: Arrested Hong Kong tycoon tells protesters to be 'careful'Jimmy Lai tells the BBC he has no regrets, but believes his arrest is "just the beginning".
Guess Who This Hungry Kid Turned Into!Before this feasting little lady was eating up the competition as a rapper, singer and producer, she was just another chick chomping on her veggies in Los..
US election: Donald Trump's 'suburban housewife' tweet slammedDonald Trump has been slammed over his criticism of Democrat rivals Joe Biden and Kamala Harris, after saying "suburban housewives" wanted "safety" and would..
Tiger to defend Masters title behind closed doorsTiger Woods will have to defend his Masters title behind closed doors after Augusta chiefs admitted Wednesday that the risks caused by the coronavirus in..
Southern Calif. fire threatens hundreds of homesA wildfire erupted north of Los Angeles Wednesday afternoon, raging over thousands of acres and prompting evacuation orders for up to 500 homes. More than 15..
California gov. hails Harris VP pick a 'proud moment'California Governor Gavin Newsom calls the choice of Sen. Kamala Harris as Joe Biden's vice-presidential running mate a "proud moment", a "meaningful moment for..
Apple must pay $500mn over patent violations: US courtA Texas court has ordered Apple to pay more than $500 million in damages and interest for 4G patent infringements held by intellectual property company PanOptis...
'Boys State': What a group of Texas teens tells us about current politics in a new Apple TV+ documentaryMore than 1,000 Texas teens created a mock state government and the results reflect modern politics in the new Apple TV+ documentary 'Boys State.'
Coronavirus live updates: Scientists say new nasal spray can help fight COVID; college football season in shambles; Texas passes 500K casesScientists in California develop say their nasal spray "AeroNabs" can help against COVID. Texas surpasses 500K cases. Latest news.
Family removed from Southwest flight after 3-year-old son with autism would not wear a face maskA Texas woman and her family were forced off a Houston-bound Southwest flight after her three-year-old son with autism would not wear a face mask.
Guess Who This Tot In Tights Turned Into!Before this tot in tights was on the Billboard charts as an awesome singer, she was just another dolled-up darling dressing up for the camera in Arlington,..
Pacers hold off Rockets despite Harden's 45 pointsMyles Turner and Justin Holiday scored 18 points apiece as the Indiana Pacers withstood a 45-point performance from Houston star James Harden Wednesday in a..
'The kids are in shock': Family says 6 children were home when Florida woman was fatally shot by ex-boyfriendMaribel Morales-Rosado was well-known in in her community and lived in the area for 27 years. Her ex-boyfriend is charged in her murder.
Disney World agrees to onsite COVID-19 testing for cast members, ends impasse with actors' unionFlorida will begin providing coronavirus testing for Disney World cast members this week, ending a nearly two-month dispute with a stage actors union.
Florida teachers share difficulty of social distancing desks in classrooms
Credit: ABC Action News Duration: 01:54Published
Related news from verified sources
Tweets about this