Bloomberg Bangkok city hall has ordered all restaurants and stores to close from midnight to 5 am, its latest move to limit the spread of the novel coronavirus. Apart from the late-night shutdown of businesses, all parks will be closed starting from Thursday to April 30, according to Bangkok Metropolitan Administration Spokesman Pongsakorn Kwanmuang. The shutdown add tiers to state-of-emergency ...

Bloomberg Singapore home prices fell the most in more than three years in the first quarter as the coronavirus outbreak slammed the economy. Property values declined 1.2% in the three months ended on March 31, according to a preliminary estimate from the Urban Redevelopment Authority released on Wednesday. That’s the steepest decline since a 1.5% drop in the third quarter ...

Bloomberg KKR & Co is suspending its planned sale of Goodpack Ltd, a Singaporean provider of intermediate bulk containers, after bids fell short of expectations, according to people familiar with the matter. The coronavirus outbreak has disrupted the sale process, said the people, who asked not to be named as the information is private. The New York-based private equity firm, ...

Bloomberg Walt Disney Co will start its streaming service in India later this week, after a coronavirus lockdown upended its previous plans in one of the world’s biggest emerging markets for online video. The US entertainment giant planned to kick off Disney+ in India at the start of the wildly popular Indian Premier League cricket season on March 29. That ...

Bloomberg China reported 130 people over the past day who were infected with the novel coronavirus but don’t have symptoms, a sign that the group of people who can spread the virus without being detected is sizable. The tally, the first daily count of so-called asymptomatic patients, establishes a new benchmark to measure the scope of the outbreak amid a ...

Bloomberg As the coronavirus pandemic roils the global liquefied natural gas market, suppliers are finding that the centre of demand has come full circle back to where it was first hit: China. Over the past two weeks, Chinese buyers have become some of the most active in the Asian market. That signals a turnaround from February, when the country’s top ...

Bloomberg State-run Coal India is considering cutting output at some mines, aligning it with a steep drop in demand from power generators amid a countrywide lockdown, according to people with knowledge of the development. The Kolkata-based miner will focus on clearing inventories and reducing production at thermal coal mines that have high stockpiles, said the people, who asked not to ...

Bloomberg The latest victim of the global slump in energy prices is an old Swedish nuclear reactor that will stay offline until at least the end of summer. Electricity prices in the Nordic market were plunging even before the coronavirus began to cripple economies and hurt demand worldwide. That’s because of the build-up of a huge surplus of future supply ...

Bloomberg With jets grounded and cars parked, diesel fuel for trucking is giving some relief to refiners as the coronavirus spread cuts deep into demand. The diesel revenue is sorely needed for the refining industry which has seen plants shut from South Africa to Canada and widepsread production cutbacks due to the pandemic-driven collapse in demand. In Houston, wholesale diesel ...

Bloomberg Bankrupt coal miner Murray Energy Corp could be forced to liquidate unless a federal judge lets it cut healthcare payments to retirees, according to court papers. Murray Energy, the largest private coal miner in the US, is asking the judge overseeing its Chapter 11 bankruptcy to let it shed certain health-care obligations in a bid to stave off a ...