WAM / Agencies The United Arab Emirates has welcomed the appointment of Mustafa al-Kadhimi by Iraqi President Barham Salih to form a new Iraqi government, expressing its hope that such a move will realise the aspirations of the Iraqi people for security, stability, and continued development. In a statement, UAE Ministry of Foreign Affairs and International Cooperation said that the …

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 There are 70 coronavirus vaccines in development globally, with three candidates already being tested in human trials, according to the World Health Organisation, as drugmakers race to find a cure for the deadly pathogen. The furthest along in the clinical process is an experimental vaccine developed by Hong Kong-listed CanSino Biologics Inc. and Beijing Institute of Biotechnology, which is …