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Malaysia plans stimulus as virus may hit growth

Bloomberg Malaysia will announce a stimulus package early next month as analysts slash their growth forecasts to account for the impact of the coronavirus outbreak. The package will involve all ministries, Transport Minister Anthony Loke said. Bank Negara Malaysia Governor Nor Shamsiah Mohd Yunos earlier said the measure will seek to support those affected by the coronavirus, including tourism and ...

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Vodafone Idea at risk as court rejects plea

Bloomberg India’s top court rejected a plea by mobile carriers seeking more time to settle billions of dollars in back-fees and began contempt proceedings against the companies, threatening to push Vodafone Group Plc’s beleaguered local venture to the brink weeks after it warned of a potential collapse. The Supreme Court’s three-judge panel, headed by Arun Mishra, said that operators including ...

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China tries its 3,000-year-old traditional remedy for virus

Bloomberg China is administering its centuries-old traditional medicine on patients affected by the coronavirus disease, a top health official said. Treatment in Wuhan hospitals combine Traditional Chinese Medicine, popularly known as TCM, and western medicines, said Wang Hesheng, the new health commission head in Hubei, the province at the center of the virus outbreak. He said TCM was applied on ...

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