Coronavirus pandemic | Latest on the spread of COVID-19 around the world

* British Prime Minister Boris Johnson said he was remaining in isolation with mild symptoms, seven days after he was confirmed to be infected. Britain’s health minister said the curve of deaths could peak on Easter Sunday. Queen Elizabeth will make an extremely rare address to the nation on Sunday.

COVID-19 | Coronavirus infects global markets, investors exit equities

The second wave of the coronavirus  set off fears of a recession in the U.S. and the Euro zone. Ratings agency Moody’s warned that the impact of disruptions in global supply chains, investment pullbacks by companies and slowing travel could trigger a global recession in the first half of 2020.

Online brokerages see spurt in biz in Mar amid nationwide lockdown

New Delhi: At a time when traditional brokers are struggling to continue their services due to nationwide lockdown to curb the spread of coronavirus pandemic, online brokerages, including Upstox, 5paisa.com and Angel Broking, have seen a spurt in business. The current crisis seems to be a blessing in disguise for these brokerages, as their number […]

How the very rich are different in the Covid-19 fight

According to Haseltine, the people who have left the city have put themselves at greater risk than if they had stayed put and practiced careful isolation and hygiene, because they have put themselves further away from the best hospitals. His opinion was echoed by New York Gov. Andrew Cuomo in his April 3 press conference, […]

Govt, for now, must not worry about fiscal deficit or debt: Rakesh Mohan

Mythili Bhusnurmath: We were discussing the various aspects of the pandemic and what can be done in terms of fiscal and monetary policy. You spoke of the need for more fiscal support and I could not agree with you more because monetary policy has been in overdrive but fiscal policy has really been lagging behind. […]

Japanese leader declares state of emergency as COVID-19 spreads

But civil liberties protections in Japan don’t allow authorities to issue jail terms or fines for non-compliance, so a heavy dose of peer pressure and the weight of the emergency declaration are being deployed instead as a cudgel. To get the message across, especially to younger residents, the city of Tokyo is said to be […]

No turning back after central bankers’ ‘seismic’ stimulus shift

The epidemic may one day be vanquished but this revolution in how central banks work in the world’s richest economies is likely to last much longer, ushering in a new era where monetary financing – the direct financing of governments by central banks – is no longer a taboo.

What happens when ‘black swans’ have help: China’s failure to act

This stems from the deep-seated paranoia that defines the Chinese regime. President Xi leads a party that, under its deified first leader Mao Zedong, slaughtered millions of Chinese. Mao’s “Great Leap Forward,” a systemic economic, social and cultural transformation, killed 30 million to 40 million over three years; the subsequent Cultural Revolution killed up to […]

BUSINESS NEWS HEADLINES APRIL 6

With these new young team leaders, the company entered the real estate sector with a firm foothold, developing a series of prestigious real estate projects in Lao Cai, Hanoi, Danang, Binh Dinh, and Ho Chi Minh City, among others. Nhat was appointed as CEO of Alphanam Real Estate JSC at the age of 28 while […]

In-Depth With Disney CEO Bob Iger on China Growth, ‘Star Wars’ Reshoots and Political Plans: “A Lot of People Have Urged Me to [Run]”

I have a great team. I have [communications chief] Zenia [Mucha], a great general counsel [Alan Braverman], chief strategy officer [Kevin Mayer],I have a very strong and relatively new CFO [Christine McCarthy], and I have a great head of HR [Jayne Parker]. That’s the core corporate team. And then the business unit team, Alan Horn […]