Written by Gabriel HerveyMarch 13, 2020
Up to 150 million Americans could get coronavirus: US projection
News Business Article
WASHINGTON: Between 70 to 150 million people in the United States could eventually be infected with the novel coronavirus, according to a projection shared with Congress, a lawmaker said on Thursday (Mar 12). Congresswoman Rashida Tlaib made the remarks during a hearing of the House of Representatives with members of the president’s coronavirus task force, confirming
Written by Gabriel HerveyMarch 13, 2020
Dow ends 10% lower in worst session since 1987
News Business Article
Business Stocks were deep in the red the entire session, which was paused for 15 minutes early in the day after the S&P 500’s losses hit seven per cent, triggering an automatic suspension. Traders work on the floor of the New York Stock Exchange. (AP Photo/Richard Drew) 13 Mar 2020 05:03AM(Updated: 13 Mar 2020 05:05AM)
Written by Gabriel HerveyMarch 13, 2020
Trump issues first call for postponing Olympics
News Business Article
WASHINGTON: US President Donald Trump came out on Thursday (Mar 12) as the first foreign leader to suggest delaying the Tokyo Olympics because of coronavirus, dropping a bombshell on his “good friend” Japanese Prime Minister Shinzo Abe. “Maybe they postpone it for a year,” Trump told reporters in the Oval Office, 19 weeks before the
Written by Gabriel HerveyMarch 13, 2020
India reports first coronavirus death amid new restrictions
News Business Article
NEW DELHI: India on Thursday (Mar 12) reported its first coronavirus death as authorities ordered schools, theatres and cinemas closed in New Delhi for the rest of the month in a bid to keep the pandemic at bay. The government in the southern state of Karnataka said that a 76-year-old man who died on Tuesday had
Written by Gabriel HerveyMarch 13, 2020
9 new COVID-19 cases in Singapore, including 2 who attended mass religious gathering in Malaysia
News Business Article
SINGAPORE: Nine new COVID-19 cases were confirmed in Singapore on Thursday (Mar 12), including two people who attended a mass religious gathering at a mosque in Malaysia. The two are among five new imported cases reported on Thursday. Advertisement Advertisement Three new cases are linked to a cluster involving a private dinner function at SAFRA Jurong, raising the
Written by Gabriel HerveyMarch 13, 2020
US in crisis mode as COVID-19 cases soar, travel restrictions loom
News Business Article
WASHINGTON: The United States went into crisis mode on Thursday (Mar 12) to contain a coronavirus outbreak that has played havoc with businesses, shuttered schools and universities and severely disrupted the sports and entertainment world. Fears of a recession grew as US cases of the virus that causes the sometimes fatal COVID-19 respiratory illness rose and
Written by Gabriel HerveyMarch 13, 2020
New York bans gatherings of more than 500 on coronavirus fears
News Business Article
NEW YORK: New York State will ban gatherings of more than 500 people beginning on Friday at 5.00pm (2100 GMT) in order to slow the spread of the new coronavirus, Governor Andrew Cuomo said on Thursday (Mar 12). Establishments that can fit 500 people or fewer must halve their capacity beginning on Friday, Cuomo said. Advertisement
Written by Gabriel HerveyMarch 12, 2020
Airline stocks nosedive as US travel ban hits EU travel industry
News Business Article
PARIS: Europe’s travel sector reacted with dismay on Thursday (Mar 12) to a US-imposed trans-Atlantic travel ban with the share price of major airlines going into free fall. President Donald Trump said the measure would stem the spread of coronavirus, but an EU diplomat in Brussels called it “erratic”. Advertisement Advertisement READ: US to suspend
Written by Gabriel HerveyMarch 12, 2020
Dow falls 8.7% as US stocks face another rout
News Business Article
NEW YORK: Wall Street stocks were deep in the red early Thursday (Mar 12), resuming after a 15-minute suspension as the economic pain from the coronavirus deepens and widens. About 25 minutes into trading, the Dow Jones Industrial Average was at 21,505.07, down more than 2,000 points or 8.7 per cent. Advertisement Advertisement The broad-based S&P
Written by Gabriel HerveyMarch 12, 2020
New York’s coronavirus ‘containment zone’ may not do enough, say residents
News Business Article
NEW YORK: People who live in the epicentre of New York’s coronavirus outbreak said they were not convinced the state’s order closing the area’s schools and large-gathering venues for two weeks would do enough to curb the spread of infection. New York Governor Andrew Cuomo this week said he was heeding the advice of the state
Written by Gabriel HerveyMarch 12, 2020
17 years after SARS, this quarantine order agent is back on the frontline battling COVID-19
News Business Article
SINGAPORE: When he was deployed by Certis during the Severe Acute Respiratory Syndrome (SARS) outbreak in 2003, Sergeant (Auxiliary Police Force) Gogulakanan Govindasamy was a 26-year-old bachelor who wanted to make a difference. Seventeen years later, he is a married man with three children, but his desire to help out in a crisis has not waned. Advertisement Advertisement “Now
Written by Gabriel HerveyMarch 12, 2020
WHO’s Tedros urges world to ‘double down’ on COVID-19 pandemic
News Business Article
GENEVA: The head of the World Health Organization (WHO) urged all countries on Thursday (Mar 12) to “double down” in the fight against the coronavirus pandemic. Tedros Adhanom Ghebreyesus, speaking to diplomats in Geneva a day after characterizing COVID-19 as a pandemic, also said: “Describing this as a pandemic does not mean that countries should give
Written by Gabriel HerveyMarch 12, 2020
Wall Street pauses trading after stocks plunge
News Business Article
NEW YORK: Trading on Wall Street was halted just moments into Thursday’s (Mar 12) session after US stocks plunged further on the deepening economic pain from the coronavirus. Trading was suspended after the S&P 500 dropped 7.0 per cent to 2,549.05, triggering an automatic 15-minute suspension. Advertisement Advertisement The Dow Jones Industrial Average plunged 7.2 per
Written by Gabriel HerveyMarch 12, 2020
2 Singaporeans who attended religious event in Malaysia confirmed to have COVID-19; MUIS closes mosques, suspends Friday prayers
News Business Article
SINGAPORE: Two Singaporeans have contracted COVID-19 after attending a religious event near Kuala Lumpur, Minister-in-Charge of Muslim Affairs Masagos Zulkifli confirmed on Thursday (Mar 12). Mr Masagos also announced that the Islamic Religious Council of Singapore (MUIS) will close all mosques for at least five days from Friday for cleaning, to prevent community spread through
