Sunday, 29 Nov 2020

Britain's Labour leader says PM Johnson is 'asleep at the wheel'

LONDON (Reuters) – British opposition Labour Party leader Keir Starmer said on Monday that Prime Minister Boris Johnson has been asleep at the wheel during the coronavirus crisis and had been far too slow to make major decisions. “I think the prime minister has been asleep at the wheel, he has been slow, the comms, […]

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Vietnam's economy unexpectedly expands in Q2 amid Covid-19 outbreak

HANOI (BLOOMBERG) – Vietnam’s economy unexpectedly grew in the second quarter, though at the slowest pace in at least a decade, as exports slumped because of the coronavirus pandemic. Gross domestic product rose 0.36 per cent from a year earlier, compared with a revised 3.68 per cent in the first quarter, the General Statistics Office […]

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What you need to know about the coronavirus right now

(Reuters) – Here’s what you need to know about the coronavirus right now: Texas pauses reopening The governor of Texas temporarily halted the state’s reopening as COVID-19 infections and hospitalisations surged and the United States set a record for a one-day increase in cases. Texas’ rising numbers are part of a nationwide resurgence reported in […]

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Coronavirus rekindles global trade disputes

BRUSSELS (Reuters) – At the start of the year, U.S.-China tensions were easing after their Phase I trade deal, while Washington, Brussels and Tokyo agreed on new global trading rules to curb subsidies. A relative calm had set in. Then the new coronavirus struck. Countries across the world imposed 222 exports curbs on medical supplies […]

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China locks down 400,000 people after virus spike

China has reinstated a strict lockdown near Beijing, affecting around 400,000 people, after a small surge in cases. The restrictions have come into force in Anxin country in Hebei province near the capital. After the pandemic emerged in China at the end of last year, the country has managed to get new infections to a […]

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DBS rolls out sustainable and transition finance framework, taxonomy

SINGAPORE (THE BUSINESS TIMES) – DBS on Monday (June 29) launched a sustainable and transition finance framework and taxonomy, as it partners clients from key industries to transition to a low-carbon economy.  The lender said it is the first Singapore bank to offer transition financing with its latest framework. It will evaluate the transitional qualities of […]

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