Bloomberg Singapore is in the process of scaling up medical facilities by adding capacity at isolation wards and intensive care units as the confirmed number of virus cases nears 15,000, making it Asia’s most-infected nation after China and India. More than 18,000 beds have been created for isolation and medical care needs, Singapore Armed Forces Director of Joint Operations, Brigadier-General ...

Bloomberg Samsung Electronics Co warned earnings may decline this quarter after the coronavirus outbreak hurt demand globally for smartphones and gadgets, wiping out gains from a surge in online activity by people sheltering at home. South Korea’s largest company reported a 4% slide in net income to 4.9 trillion won ($4 billion) in the three months ended in March. Samsung, ...

Bloomberg Starbucks Corp has opened almost all its locations in China, but still sees the lingering impact of the coronavirus pandemic trimming same-store sales there by 15% to 25% this fiscal year. The shares fell in late trading. Same-store sales fell 10% globally in the company’s second quarter, slightly outpacing the average estimate for a 9.7% decline compiled by Consensus ...