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US-China trade deal may fall victim to spiraling ties

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Bloomberg As US-China ties have deteriorated since the Covid-19 pandemic devastated the globe, the trade deal they signed in January has served as sort of a linchpin in the relationship. Now that also could be coming undone. President Donald Trump, who has repeatedly blamed China for the virus’s spread ahead of the US election in November, said the phase-one trade ...

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Philippines coronavirus cases top 80,000 mark

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Bloomberg The number of coronavirus infections in the Philippines surpassed 80,000, a level that increases the risk of stricter quarantine measures if the trend continues. The nation added 2,110 cases on Sunday to reach 80,448, the health department said. There were 39 new fatalities, taking the toll to 1,932. The level of active cases of 52,406 is the highest in ...

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Brookfield picks banks for $500m IPO in India

Bloomberg Brookfield Asset Management Inc has picked banks for an initial public offering of its India real estate investment trust that could raise at least $500 million, according to people familiar with the matter. The Canadian asset manager has selected Bank of America, Citigroup and Morgan Stanley to arrange the REIT offering, said the people, who asked not to be ...

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