Caixin PMI: China’s services sector contracts for third month as job losses hit record

Read Time:3 Minute, 10 Second

BEIJING, May 7 — China’s services firms wallowed in contraction in April as layoffs hit a record and export orders plunged after signs of improvement...

Read Time:3 Minute, 39 Second

Business News

Asia equities turn negative as virus economic reality bites

May 7, 2020

[caption id="attachment_479" align="alignright" width="648"] A man wears a protective mask as he walk past a panel displaying the Hang Seng Index during morning trading, following...

Read Time:3 Minute, 42 Second

Business News

Life of luxury: Dubai’s huge service sector faces unsure future

May 7, 2020

DUBAI, May 7 — In Dubai’s ritzy Marina district, white yachts are tethered to docks, standing idle — like many companies behind a luxury lifestyle...

Read Time:3 Minute, 20 Second

Business News

Bitcoin world faces ‘halving’: What’s happening?

May 7, 2020

[caption id="attachment_473" align="alignleft" width="618"] A Bitcoin sign is seen in a window in Toronto, in this file photo from May 8, 2014. After skyrocketing to...

Read Time:2 Minute, 52 Second

Business News

China’s exports unexpectedly rise even as coronavirus batters global demand

May 7, 2020

[caption id="attachment_470" align="alignleft" width="613"] FILE PHOTO: An employee works on the production line of a tyre factory under Tianjin Wanda Tyre Group, which exports its...

Read Time:2 Minute, 21 Second

Healthcare News

Malaysia could face second wave of Covid-19 infections after lifting restrictions, warns Aussie healthcare provider

May 7, 2020

KUALA LUMPUR, May 7 — The recent announcement by the Malaysian government to rapidly relax the restrictions with the nationwide movement control order (MCO) has...

Read Time:2 Minute, 45 Second

Healthcare News

Survey: Fewer Malaysians look to Facebook for Covid-19 news as some shift to MoH for updates

May 7, 2020

[caption id="attachment_464" align="alignright" width="683"] FILE PHOTO: A picture illustration shows a Facebook logo reflected in a person's eye, in Zenica, March 13, 2015. REUTERS/Dado Ruvic/Illustration/File...

Read Time:49 Second

Entertainment Healthcare News

King, Queen wish Buddhists Happy Wesak Day

May 7, 2020

[caption id="attachment_461" align="alignleft" width="465"] A devotees perform the prayers outside the tample, following closure to prevent the spread of the COVID-19 outbreak on May 7,...

Read Time:1 Minute, 12 Second

Business News

Novo Nordisk profit beats expectations as stockpiling boosts sales

May 6, 2020

COPENHAGEN (Reuters) - Denmark's Novo Nordisk posted a better-than-expected quarterly operating profit on Wednesday and kept its full-year outlook, as customers stocking up during the...

Read Time:1 Minute, 21 Second

News Sports

Barcelona Ready For Tests As La Liga Prepares For Training Return

May 6, 2020

Barcelona have confirmed their players will undergo coronavirus tests on Wednesday as La Liga's clubs begin restricted training ahead of the proposed resumption of the...