Start your FREE trial today for unlimited access to content and features.
HONG KONG : Asian markets fell on Thursday following overnight woes on Wall Street as more negative US economic data fuelled worries about the full impact of the coronavirus pandemic.
US retail sales plunged in March while industrial production in the same month suffered its steepest drop since 1946, data showed Wednesday. The World Health Organization has warned, however, that lifting virus-related restrictions too early could have devastating consequences, with fears of a possible second wave of infections.
There was more bad news on oil markets, with the International Energy Agency warning that 2020 was likely to be"the worst year in the history" of the sector.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian football body extends virus shutdown indefinitelyHONG KONG: The Asian Football Confederation announced Tuesday the indefinite postponement because of the coronavirus of all matches scheduled for May and June, plunging the AFC Champions League into further disarray.
Read more »
Southeast Asian leaders vow to cooperate in coronavirus fight | Malay MailHANOI, April 14 — Southeast Asian leaders agreed at their first video conference summit on Tuesday to fight together against the “gravest public health crisis” in 100 years to make the region safe again. Coronavirus cases in countries of the Association of Southeast Asian Nations (ASEAN) over...
Read more »
Asian football body extends Covid-19 shutdown indefinitely | Malay MailHONG KONG, April 14 — The Asian Football Confederation announced today the indefinite postponement because of the coronavirus of all matches scheduled for May and June, plunging the AFC Champions League into further disarray. The region’s premier club competition was put on hold in March as the...
Read more »
HK, Taiwan, SE Asian netizens battle China cyberwarriors in Twitter warRelated Twitter hashtags generated more than 2 million tweets and trended globally. FMTNews HongKong China Taiwan Democracy
Read more »
Asian markets lower despite Wall Street rally | Malay MailHONG KONG, Apr 15 — Asian equities were lower in Wednesday trade, bucking an overnight rally on Wall Street prompted by encouraging signs that US coronavirus infection rates were in decline. American officials are beginning to tackle the question of how to safely reopen for business and ease...
Read more »
Asian football tournaments to go ahead this year, says official | Malay MailKUALA LUMPUR, April 15 — Asia’s top football competitions will go ahead this year despite the coronavirus pandemic, a senior official told AFP, although games may have to be played behind closed doors. Windsor John, general secretary of the Asian Football Confederation (AFC), said he was...
Read more »