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Hong Kong loses ‘freest economy’ title to S’pore

Bloomberg Hong Kong lost its title as the world’s freest economy to Singapore for the first time since 1995 in a global survey, as social unrest and uncertainties rattled its reputation as a global financial hub. Hong Kong’s overall economic freedom score fell primarily due to a decline in its marks for investment freedom, according to the 2020 Index of ...

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India could become next global hotspot for coronavirus cases

Bloomberg India could become the next global hotspot for virus cases, with experts warning containment measures that proved successful elsewhere in Asia may not work in the world’s second-most populous country. The South Asian nation, which has so far reported 125 infections and three deaths, is trying to contain the virus by closing its borders, testing incoming travellers and contact ...

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HK shutdown a lesson in halting virus

Bloomberg As the world struggles with the rapid spread of Covid-19, Hong Kong appears to be having success controlling it — in part because the memory of a similar virus in 2003 prompted a public outcry early on. Hong Kong’s government quickly implemented restrictive “social distancing” measures now being hotly debated around the world, in part because of pressure from ...

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