Bloomberg Hong Kong is facing “tsunami-like” shocks, and may incur a record budget deficit in the next fiscal year as the city counts the costs of the coronavirus outbreak after months of social unrest, Financial Secretary Paul Chan said. The impact of the epidemic on the Hong Kong economy is being felt beyond retail, food and beverage and tourism-related industries, ...

Bloomberg Toyota Motor Corp will partly resume operations at three plants in China this week, bringing back some of the capacity that had been on an extended halt in response to the coronavirus outbreak that’s killed more than 1,600 people and pitched Asia’s top economy into turmoil. The factories in Changchun and Guangzhou will restart on February 17, while operations ...

Bloomberg Malaysia said it won’t allow any more passengers who had traveled on the Westerdam luxury cruise ship to enter, after an American woman who flew into the country was diagnosed with the coronavirus. The 83-year-old woman and her husband were among 145 cruise passengers who flew from Cambodia on February 14 on a Malaysia Airlines flight chartered by the ...