IMF sees less severe global contraction but worsening outlook for many emerging markets
WASHINGTON — The International Monetary Fund (IMF) on Tuesday said forecasts for the global economy were “somewhat less dire” as wealthy countries and China...
More synchronized action needed to tackle economic crisis — IMF
WASHINGTON/LONDON — The international community must do more to tackle the economic fallout of the coronavirus disease 2019 (COVID-19) crisis, the head of the International Monetary Fund (IMF) said on Monday, publicly calling on the World Bank (WB) to accelerate its lending to hard-hit African countries.
Active enforcement against foreign bribery down sharply since 2018
WASHINGTON — Active enforcement against foreign bribery has dropped sharply since 2018, and three places — China, Hong Kong and India — did not open a single foreign bribery investigation from 2016 to 2019, a new report by watchdog Transparency International found.
Singapore Air’s A380 restaurant tickets sold in 30 minutes
Singapore Airlines Ltd. said all seats on its Airbus SE A380 jetliner pop-up restaurants were reserved within 30 minutes of bookings opening Monday.
Peru opens Machu Picchu for a single Japanese tourist after almost 7-month wait
LIMA — Peru opened the ruins of Machu Picchu for a single Japanese tourist after he waited almost seven months to enter the Inca citadel, while trapped in the Andean country during the coronavirus outbreak.
COVID-19 antibodies last at least 3 months; so do symptoms for many
The following is a roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus.
Surge in natural disasters takes heavy human and economic toll — UN
Philippines among countries with highest number of disaster events
GENEVA — Extreme weather events have increased dramatically in the past 20 years, taking a heavy...
Big-brand BTS promotions disappear as band sparks uproar in China
HONG KONG — South Korean boyband BTS is facing a barrage of criticism in China after its leader made remarks about the Korean War...
Asia-Pacific countries ease travel restrictions but hurdles remain
SYDNEY — Asia-Pacific countries including Singapore, Australia and Japan are gradually easing some international travel restrictions as coronavirus cases slow, in hopes of helping to revive their economies.
China ends virus-free streak as new cluster in port city emerges
CHINA reported a new cluster of coronavirus infections in the eastern port city of Qingdao, snapping a streak of over two months without local transmission, underscoring the risk of resurgence in countries that have achieved near-eradication of the pathogen.
Coronavirus has exposed global leadership crisis, Milken says
The coronavirus pandemic has shown there’s a leadership deficit around the world, according to a survey which said more people trust companies over their governments to keep economies going during the crisis.
Novel coronavirus can last 28 days on glass, currency, Australian study finds
MELBOURNE/SYDNEY — The virus that causes COVID-19 can survive on banknotes, glass, and stainless steel for up to 28 days, much longer than the flu virus, Australian researchers said on Monday, highlighting the need for cleaning and handwashing to combat the virus.
