Bloomberg As US-China ties have deteriorated since the Covid-19 pandemic devastated the globe, the trade deal they signed in January has served as sort of a linchpin in the relationship. Now that also could be coming undone. President Donald Trump, who has repeatedly blamed China for the virus’s spread ahead of the US election in November, said the phase-one trade ...

Bloomberg The number of coronavirus infections in the Philippines surpassed 80,000, a level that increases the risk of stricter quarantine measures if the trend continues. The nation added 2,110 cases on Sunday to reach 80,448, the health department said. There were 39 new fatalities, taking the toll to 1,932. The level of active cases of 52,406 is the highest in ...

Bloomberg Brookfield Asset Management Inc has picked banks for an initial public offering of its India real estate investment trust that could raise at least $500 million, according to people familiar with the matter. The Canadian asset manager has selected Bank of America, Citigroup and Morgan Stanley to arrange the REIT offering, said the people, who asked not to be ...

Bloomberg Overstretched health services and social-distancing measures to combat coronavirus are giving a boost to telemedicine across Asia, a phenomenon likely to continue even after the pandemic has been controlled. Economies as diverse as South Korea’s — with its world-class technology sector — and India’s, with low health-care costs and a deep pool of doctors, are exploring digital health possibilities ...

Bloomberg Indonesian companies are warning investors to brace for yet another quarter of missed earnings as they continue to reel from the economic impact of the biggest outbreak of the coronavirus in Southeast Asia. The pandemic has hurt sales, from cars and luxury condos, in Southeast Asia’s largest economy after social distancing measures were introduced in March to contain the ...

Bloomberg Goldman Sachs Group Inc has reached a $3.9 billion pact with Malaysia, marking a big step in the Wall Street giant’s efforts to resolve its worst scandal since the financial crisis. The settlement includes a payment of $2.5 billion to Malaysia to resolve probes into the US bank’s role in a scheme to plunder the Asian nation’s 1MDB investment ...

Bloomberg A man was killed during a protest in Texas as demonstrations against racial and social injustice continued across the US. The victim was fatally wounded at around 10 pm in Austin, police said. Initial reports indicated the man may have been carrying a rifle when he approached a vehicle, whose driver fired several shots, according to police, The suspect ...

Bloomberg President Donald Trump has reset his approach to the coronavirus pandemic in a bid to revive sinking poll numbers, but with 100 days until the election his campaign may need more than a change in tone to reverse its slide. Trump trails Democrat Joe Biden nationally and in key swing states by wide margins, grappling with a health crisis ...

Bloomberg North Korean leader Kim Jong-un ordered a city near the border with South Korea locked down after officials found a person who may be infected with the coronavirus, state media reported. Kim attended an emergency meeting of the Workers’ Party and took the “preemptive measure” of isolating Kaesong City following the report on the suspected case, the Korean Central ...

Bloomberg Vietnam reported two locally-transmitted coronavirus cases after more than three months of no new infections of such, prompting authorities in the city of Danang to restrict activities to prevent a wider spread of the disease. One patient, a 57-year-old man, had been in Danang city for about a month and hadn’t traveled to other provinces, the government said in ...