Bloomberg Malaysia announced a two-week nationwide lockdown to curb a relentless surge in Covid cases. Only essential economic and service sectors will be allowed to operate from June 1-14, the Prime Minister’s Office said in a statement, days after Prime Minister Muhyiddin Yassin had ruled out a repeat of last year’s lockdown. The government will soon announce an aid package ...

Bloomberg Germany’s Green party declined for a second consecutive week and Chancellor Angela Merkel’s conservative bloc clawed back support, four months before the country goes to the polls. Support for the Greens fell to 22% while Merkel’s Christian Democratic-led bloc rose 1 percentage point to 25% in the weekly Insa poll for Bild am Sonntag. It was the second 1-point ...

Bloomberg Hong Kong’s virtual banks are facing years of red ink on the bottom line after making limited inroads against their brick-and-mortar rivals in the financial hub. The two leading digital banks so far, Mox Bank Ltd, backed by Standard Chartered, and ZA Bank Ltd, bankrolled by China’s ZhongAn Online P&C Insurance, predict they will start breaking even by 2024 ...