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UAE announces 490 new cases of coronavirus

ABU DHABI / WAM The Ministry of Health and Prevention conducted over 30,000 additional Covid-19 tests among citizens and residents over the past few days, resulting in the detection of 490 new cases. The ministry also announced full recovery of 83 patients after receiving necessary medical care and the death of three Asian nationals. The total number of recoveries has ...

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Covid-19: Singapore races to regain control

Bloomberg In the early days of the coronavirus pandemic, Singapore was a global standard bearer for taming the deadly illness. Now it’s home to Southeast Asia’s largest recorded outbreak and is racing to regain control. One reason behind this reversal can likely be traced back to six days in February, when the earliest sign of what would become an explosion ...

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Indian companies face earnings downgrades following lockdown

Bloomberg As the outlook for Indian corporate profits grows increasingly murky under the influence of the coronavirus pandemic, analysts are hunkering down for a protracted series of forecast cuts. Asia’s third largest economy is set for a near-complete disruption of economic activity for at least 40 days after Prime Minister Narendra Modi extended a nationwide lockdown to prevent the spread ...

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