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Japan declares state of emergency for Tokyo, Osaka over Covid-19

Bloomberg Japanese PM Shinzo Abe declared an emergency for Tokyo and its surrounding regions, after a recent surge in the number of confirmed coronavirus cases in the metropolis sparked alarm. The one-month emergency period from April 7 will cover Osaka, Kanagawa, Saitama, Chiba, Hyogo and Fukuoka prefectures as well as the capital. The move hands powers to local governments to ...

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India partially lifts malaria drug export ban on US call

Bloomberg India partially lifted a ban on the exports of a malaria drug after President Donald Trump sought supplies for the US, according to government officials with knowledge of the matter. Exports of hydroxychloroquine and paracetamol will be allowed depending on availability of stock after meeting domestic requirements and existing orders, said the government officials, who asked not to be ...

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China’s Megvii faces HKEX queries on IPO application

Bloomberg Chinese artificial-intelligence (AI) giant Megvii Technology Ltd is facing additional queries from the Hong Kong bourse ahead of its planned initial public offering, people familiar with the matter said. Some questions relate to public complaints about whether the company adequately disclosed risks related to US sanctions, the people said, asking not to be identified because the information is private. Megvii, ...

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