Having slogged through weeks of unevenly administered distance learning, schools in the U.S. are preparing to shut down for the summer. Amid the stress of the pandemic, students, teachers and
The ongoing petition for non-resident workers to also receive the 3,000 patacas e-voucher has reached nearly 2,800 signatures as of press time. The petition was started to call on the government
As the coronavirus pandemic continues, Bloomberg Opinion will be running a series of features by our columnists that consider the long-term consequences of the crisis. This column is part of
Old habits die hard. China’s Nasdaq-like ChiNext board has staged a comeback this year, rallying 17% to trade at an average of — yes, really — 70 times earnings. Is this misguided enthusiasm
The S&P 500 Index has rallied 28% from its low this year on March 23, with Wall Street praising the Federal Reserve for basically creating money to purchase a broad
Economists have long explained recessions in part by pointing to the reluctance of employers to reduce workers’ pay. This so-called market rigidity reverberates throughout the economy, creating waves of unemployment and declining growth that
The recent hot topic in town is apparently – if not undeniably or inevitably – the commencement of e-voucher use. After the project’s announcement, many applauded the government for supporting the
The most severe job losses may have already happened, but that doesn’t mean more employees won’t be getting “the call” from HR. The first phase of layoffs hit front-line workers in
As China recovers from Covid-19, all eyes are on its banks’ bad loans. The reality is far worse than it looks. China’s largest lenders reported quarterly earnings this month, the first
The debate about when and whether the world can reopen keeps coming back to testing. If only we could test everyone all the time, the logic goes, we could isolate
Subsidies, who would reject them? I am guessing no one, and in times of extra difficulties, a government subsidy seems always to be the perfect solution to patch a rising
It’s looking decidedly somber out there for the world’s favorite sparkly stone. Diamonds were ailing even before the coronavirus came along. Now, weeks into lockdowns in the U.S. and elsewhere, all
Once lauded as a beacon in the fight against Covid-19, Singapore reached an unenviable milestone this week: the most cases in Southeast Asia. Soaring infections suggest rapidly tightening restrictions on social
An epidemic is often referred to as a “great leveler” since viruses infect people indiscriminately regardless of their net worth. However, the economic consequences of the Covid-19 pandemic will be very
Today marks the second day of fun mandarin series. Fun mandarin series serves only for entertainment purposes. 肉Ròu: red and soft tissues in human or animal bodies, flesh, meat, muscle; captive
A New York Times article published earlier this month proclaimed that, according to scientists, “never before have so many of the world’s researchers focused so urgently on a single topic.”
No one could have predicted the timing and trajectory of the Covid-19 pandemic, triggered by a novel coronavirus leaping from a bat into a pangolin (apparently) and from there into a person.
Lockdowns around the world have stressed-out consumers reaching for their beer glasses. But a tipple after a hard day working from home isn’t enough to preserve the world’s big brewers from the ravages
The words “lay off” and “unpaid leave” have been used a huge amount these days, reflecting their occurrence worldwide amid the Covid-19 pandemic. In Macau alone, there are several hundred local
Here’s one more issue to add to the bonfire of tensions with China brought on by the coronavirus pandemic. The country is reportedly reopening its wet markets, the fresh produce stalls
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