Alibaba Health raises $1.3 billion in Hong Kong’s biggest secondary share sale in five years

Alibaba Health, an arm of internet retail giant Alibaba Group, said the cash would be used to develop the company’s pharmaceutical e-commerce business, which has benefited from the growth of the online service sector during the coronavirus pandemic this year.

China state media excoriates U.S. ‘wackadoodles’ over journalist visas row

“No longer content with their maximum pressure ploys to coerce China into accepting an unfair trade deal, these neo-crusaders are seeking to provoke an all-out confrontation whereby they can finally hold ‘communist China’ by the throat,” the editorial in the official English-language China Daily said.

Compared to India and China, U.S. doing ‘very well’ against COVID-19, says Trump

“And I noticed that in the news, in the evening news, I never read about that. In any news, I don’t read about the other countries. You’re starting to see that other countries are having very big flare ups, countries that thought they were over it, like we thought we might be over in Florida, […]

India restricts import of colour television sets, China among most-affected countries

Panasonic India CEO & President Manish Sharma was optimistic about the development, stating: “The move will have a procedural impact. It will definitely have a positive impact on domestic assembling which happens here. Leading brands already have manufacturing and assembling units in the country. So, it is not going to impact us.”

Coronavirus wrap July 30: Six-city flight ban to Kolkata extended; COVID-19 cases in India cross 16 lakh-mark

Ram Mandir Bhoomi Poojan: Here’s the design and how the temple will look China, US to review trade deal, air other grievances on August 15: Sources Virgin Australia to axe one third of workforce, focus on short haul under Bain Capital

Coronavirus: Quarantine delay let up to 10,000 travellers bring COVID-19 to UK – senior MPs

More from Covid-19 Coronavirus: Close pubs and shops before schools in any new lockdowns, children’s commissioner says Sky News Daily podcast: COVID stories: Survival and thanks to the NHS EasyJet increases flights as summer demand takes-off despite COVID-19 uncertainty Coronavirus: Weekly COVID-19 deaths at lowest level since before lockdown, official figures show Coronavirus: Blackburn launches […]

Satellite images show Chinese construction near site of India border clash

India says the area where the structures have been built are on its side of the poorly defined Line of Actual Control, the de facto border between the two nuclear powers. China claims the whole of Galwan Valley, located at about 14,000ft (4,300 metres), as its territory.

Sharad Pawar Interview: Strategy paid off with non-BJP govt in 2019

Here are some excerpts from the interview: ♦ Mumbai Mirror: The induction of five Rafale Jets is being portrayed as a solution to all our problems with China. You have been defence minister of the country; what are your views? Sharad Pawar: There is no doubt that the induction of Rafale Jets has increased our […]

VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 5

Also according to the World Bank’s report, although the Vietnamese economy suffered from COVID-19 in the first half of 2020, prospects remain positive for both the short and medium term. If the world situation gradually improves, economic activity should rebound in the second semester of 2020 such that the economy will grow by around 2.8 […]

Stakes are high for Mahinda Rajapaksa as Sri Lanka heads to the polls

“You know what this country was when I took over in 2005, two-thirds of the coastline were not under the control of the government. I am happy that I was able to give back the chance to the people of the north and east [of Sri Lanka] to live without fear.