Bloomberg The contraction in China’s foreign trade is set to continue through the second quarter, as global demand remains depressed by measures to curb the ongoing coronavirus outbreak. Both exports and imports are forecast to have slumped 10% or more in March, with data due on Tuesday expected to show a continuation of the declines seen in the first two ...

Bloomberg The Philippines has temporarily barred doctors, nurses and other health workers from leaving for overseas work amid the coronavirus outbreak, a move that irked its top diplomat who pledged to fight the ban. The Philippine Overseas Employment Administration issued a resolution on April 2 halting the departure of workers in 14 medical professions for the duration of the nation’s ...

Bloomberg China’s largest food-delivery site Meituan has hit back against allegations that it charged onerous commissions to restaurants during the Covid-19 outbreak, underscoring the delicate balance the company must strike to get its business back on track. Responding to complaints from a restaurant association in the southern province of Guangdong, Meituan said its average profit per delivery order was less ...