Stocks cheer China trade relief, bonds face debt deluge
World shares climbed on Thursday after Chinese exports proved far stronger than even bulls had imagined, while bond investors were still daunted by the staggering...
Indonesia reports 338 new coronavirus cases, 35 deaths: health ministry official
Indonesia reported 338 new coronavirus cases, bringing the total number to 12,776, health ministry official Achmad Yurianto told reporters on Thursday....
Coronavirus-wary Japan tries to take business card ritual online
Japan’s time-honoured ritual of exchanging business cards face-to-face is under pressure as the government promotes a “new lifestyle” to combat the coronavirus....
H&M sales fall 57% year-on-year in March through early May
Swedish fashion retailer H&M said on Thursday its sales tumbled 57% from a year ago in local currencies during the March 1 to May 6...
GSK sells $3.35 billion stake in Hindustan Unilever
GlaxoSmithKline said on Thursday it sold its stake in Unilever’s Indian business for $3.35 billion, which Refinitiv says is the largest block trade ever to...
AB InBev sees worse ahead, but some light in China
Anheuser-Busch InBev , the world’s largest beer maker, forecast a “materially worse” second quarter as coronavirus restrictions curb drinking across the globe, although China was...
BT scraps dividend, invests in fibre as rivals agree merger
Britain’s biggest telecoms group BT suspended its dividend and said it would spend billions more on faster fibre broadband connections, on the day two of...
Dutch agency will review government performance during coronavirus
The Dutch Safety Board said on Thursday it would conduct an independent investigation and review of the country’s preparedness and government performance during the coronavirus...
Thailand to expand coronavirus testing as new cases dwindle
Thailand plans to expand coronavirus testing for critical groups as the number of new cases is dwindling into single digits and some business are reopening,...
Japan’s emergency could be lifted early in some areas: economy minister
Japan’s state of emergency over the novel coronavirus could be lifted early in some areas of the country that have seen declines in new infections,...