Tag: Bloomberg

For months, the World Health Organization (WHO) has called on countries to come together to ensure a fair distribution of coronavirus disease 2019 (COVID-19) vaccines among rich and poor nations. Now it’s starting to lose patience.

China’s Sinovac Biotech Ltd. defended the efficacy of its coronavirus disease 2019 (COVID-19) shot, saying the vaccine that’s being rolled out from Indonesia to...

It’s hard to imagine a more luxurious place to spend two weeks of quarantine than the Anantara Phuket Suites & Villas in Thailand, where visitors are pampered in private residences that can have their own pool and courtyard.

BLOOMBERG — Philippine banks will recover faster from the impact of the coronavirus pandemic than they did from the Asian financial crisis due to...

China will donate 500,000 coronavirus vaccine doses to the Philippines and vowed to accelerate infrastructure investment in the Southeast Asian nation as ties between...

More than a year after its outbreak, the coronavirus keeps finding new ways to hit carmakers.

Singapore is tightening restrictions on intra-corporate transferees, one category of workers brought from overseas offices of multinational corporations, the Straits Times reported.

Singapore’s government plans to create urgent legislation to formalize the use of virus contact-tracing data in investigations of serious crimes.

The nightmare year of 2020 brought the airline industry’s first decade of sustained profitability to a shuddering halt. The coronavirus pandemic tore through in a tumultuous, unprecedented way, leaving carriers in a deep hole, along with a constellation of aerospace manufacturers, airports, and leasing firms.

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, kicked off the new year by homing in on a characteristically audacious title: the...

The world’s reserve currency fell on the first trading day of 2021, foreshadowing more losses to come, after a slew of improving Asian manufacturing...

Rarely, if ever, can a year have started with price levels in emerging markets looking so divorced from the fundamental backdrop. Rising COVID-19 case numbers...

Gold sales in Thailand are surging as households reach for a financial lifeline amid the pandemic, a tactic that risks complicating government efforts to...

Three years ago, Suh Kyung-bae was the second-richest person in South Korea. Today he’s barely Top 10, a stark reversal in a K-beauty boom...

As a pandemic ravaged the world, Asian economies led by Hong Kong and Singapore topped a ranking of most-efficient health care systems. The Bloomberg Health-Efficiency...

As COVID-19 vaccines start to receive emergency approvals, the race is on to distribute the one product that billions of people across the world will want. That’s creating investment opportunities as traders examine the companies involved in the global rollout.

Singapore authorities added three further fraud charges against the director of a local accounting firm in a case linked to disgraced German payments company Wirecard AG.

Health-conscious consumers are eating avocados like never before during the pandemic.

The Philippine peso, which lagged its peers in Asia this quarter, may get a boost in December with millions of Filipinos abroad set to...

Economists have slashed their 2020 outlook for the Philippines by more than any other Southeast Asian nation as it struggles with one of the...

Brexit has helped to create at least 500 jobs in Bosnia-Herzegovina and the Philippines over the last quarter as companies turn to overseas labor...

WHEN Pfizer, Inc. and BioNTech SE’s coronavirus disease 2019 (Covid-19) vaccine rolls off production lines, Shanghai Fosun Pharmaceutical Group Co. will be waiting to distribute it through a complex and costly system of deep-freeze airport warehouses, refrigerated vehicles and inoculation points across China.

Southeast Asia’s sizzling-hot Internet economy cooled during the pandemic but spending online should bounce back rapidly and triple to more than $300 billion by...

Having a home government with deep—and open—pockets is emerging as key in terms of whether an airline will make it through the coronavirus pandemic.

The coronavirus pandemic gave Hank Green something he seldom has time for: a moment to think.

An expected surge in election-related volatility in the US stock market is paving the way for Asian shares to make a run at besting...

A Democratic sweep in next month’s US election would boost Asian equities, while reducing the allure of the region’s bonds, according to money managers and strategists.

Xi Jinping’s Chinese Communist Party has threatened to invade Taiwan for more than seven decades. Now fears are growing among analysts, officials, and investors that it might actually follow through over the next few years, potentially triggering a war with the US.

With Nintendo Co. stock approaching its all-time high, there are some who see the creator of the Super Mario franchise as approaching a pivotal moment that could turn its flagship Switch into a perpetual gaming platform and break free of the industry’s traditional boom-bust cycle.

Singapore is set to provide a one-off payment to support parents looking to have a baby in an effort to ease people’s financial burden amid job layoffs and wage cuts during the coronavirus pandemic.

Philippine media giant ABS-CBN Corp. rose by the 50% daily limit after announcing the return to free-to-air television of some of its entertainment shows three months since it was denied a congressional permit.

The Philippines has allowed malls and several businesses to reopen further even as the Southeast Asian nation recorded more coronavirus deaths last month.

Tens of thousands of job cuts announced by blue-chip companies in a 24-hour period are a warning sign for the world’s recovery and emerge just ahead of two key reports forecast to show limited progress in the US labor market.

China-centric online casinos in the Philippines will incur more losses and more are expected to shut after a pandemic relief law imposed a new tax on the industry, a gaming authority official said.

The Philippine peso is heading for its biggest quarterly gain in a decade and still has scope to appreciate due to positive fund flows,...

Monoclonal antibodies that stop the coronavirus from spreading in the body are among promising strategies for averting severe illness from COVID-19 before vaccines arrive, said Anthony S. Fauci, director of the National Institute of Allergy and Infectious Diseases.

Fresh off a summer of relative freedom after harsh lockdowns at the beginning of the pandemic, Europe is trying a new strategy to halt the coronavirus’s next surge: Lockdown Lite.

A cryptocurrency mania known as decentralized finance has helped to turn digital currencies into this year’s best-performing asset by far.

After years of shifting the Philippines closer to China, President Rodrigo R. Duterte appears to be leaning back toward the US. The 75-year-old leader on...

Philippine Airlines Inc. (PAL) said it has already paid back 80% of the 15.9 billion pesos ($329 million) in refund requests it received amid...

COVID-19 continues to kill close to 1,000 Americans a day. But for those who develop dangerous cases of the infection, advances in medical care and the growing experience of doctors are improving the chances of survival.

It still surprises many people that professional video-game tournaments fill 50,000-seat arenas and that millions of fans watch from their bedrooms, aspiring to compete themselves one day. What hasn’t passed some entrepreneurs by, however, is that this is quietly fueling a big market opportunity.

Some of the world’s wealthiest people have sold more than $3 billion of stakes in their major holdings since August, diversifying their fortunes as stock markets rebounded.

Philippine National Bank (PNB) is seeking to dispose of three prime properties that it values at about $1 billion as early as this year,...

Move over, private equity: There are some new buyers in town, and they know their targets better than anyone.