Tag Archives: Asia Economy

Focus on U.S. coronavirus spike, upbeat economic data

European stocks were muted Friday morning following upbeat economic data out of the U.S. and China, while a spike in U.S. coronavirus infections tempered optimism. The pan-European Stoxx 600 hovered just below the flatline by mid-morning, with tech stocks adding 0.7% to lead gains while banks fell 1.2%. European markets …

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How Hong Kong beat coronavirus and avoided lockdown

When Apple closed its retail stores around the globe amid the coronavirus pandemic, a handful of outlets were exempt, including its six locations in Hong Kong. In fact, much of Hong Kong has felt relatively normal this year compared with its peers, which enacted strict lockdown measures. Since its first confirmed …

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Gottlieb says worst of outbreak will pass by January

Efforts to fully reopen the U.S. economy are faltering as 19 states pause or reverse plans to ease restrictions on businessas new cases spike across the country. Despite the surge of infections, Vice President Mike Pence told CNBC the White House wants to press ahead with reopening after job numbers …

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India reports record single-day spike in cases

The coronavirus continues to surge in states around the country, mostly in the South and West. Testifying before members of Congress on Tuesday, White House health adviser Dr. Anthony Fauci said parts of the U.S. are beginning to see a “disturbing surge” and described the overall situation as a “mixed …

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