The Buzz | Hong Kong recovery may take longer than expected, Financial Secretary says

Hong Kong’s economy may take longer than expected to recover due to the fluidity of the local virus situation and global economic uncertainties, Financial Secretary Paul Chan said. “Business and economic

The Buzz | Trump admin $21M gambit for Pepcid as a Covid-19 remedy fizzles

As the coronavirus began its deadly march through the world, two well-respected American doctors identified a possible remedy: Pepcid, the heartburn medication found on drugstore shelves everywhere. There were no published

The Buzz | World shares turn lower as virus caseloads rise

World shares were mostly lower yesterday on renewed worries over surging coronavirus caseloads in many countries. U.S. futures also edged lower, though President Donald Trump’s statement that the pandemic will likely

The Buzz | Report: UK officials ‘avoided’ looking into Russian meddling

A long-awaited report on Russian influence in British politics criticized the British government for neglecting to investigate whether Russia interfered in the 2016 Brexit referendum, describing its utter lack of

The Buzz | UK buying 90 million coronavirus vaccine doses

British officials say they have signed a deal to buy 90 million doses of experimental coronavirus vaccines being developed by the pharmaceutical giant Pfizer and others. The British government said in

The Buzz | Pakistani police arrest 4 men who destroyed statue of Buddha

Police arrested four men Saturday for allegedly destroying an ancient statue of Buddha they found while doing construction work near an historic Buddhist site in northwest Pakistan, officials said. The arrests

The Buzz | President Trump and Ivanka criticized over Goya support

US President Donald Trump and his daughter and advisor Ivanka have been criticized for endorsing a Hispanic food company on social media, BBC reports. The pair shared images of themselves holding

The Buzz | Apple wins EU court case over $15 billion in claimed taxes

A European Union court delivered a hammer blow to the bloc’s attempts to rein in sweetheart tax deals between multinationals and individual member countries when it ruled that technology giant

The Buzz | UK to exclude Huawei from role in high-speed phone network

Britain’s government yesterday backtracked on plans to give Chinese telecommunications company Huawei a limited role in the U.K.’s new high-speed mobile phone network in a decision with broad implications for

The Buzz | Hong Kong increases social distancing measures

Hong Kong has banned public gatherings of more than four and required face coverings on public transport as the city battles an increase in COVID-19 cases. Restaurants won’t be allowed to

The Buzz | Singapore’s ruling party holds on to power but faces setback

Singapore Prime Minister Lee Hsien Loong’s long-governing party comfortably won Friday’s general elections as expected amid the coronavirus pandemic, but faced a setback as the opposition made minor gains. Lee said

The Buzz | North Korea rejects talks as US envoy arrives in Seoul

North Korea yesterday said it has no immediate intent to resume a dialogue with the United States as U.S. Deputy Secretary of State Stephen Biegun arrived in South Korea for

The Buzz | Chinese diplomat derides UK’s move to offer HK citizenship

China’s ambassador to the UK derided Prime Minister Boris Johnson’s offer to provide up to 3 million Hong Kong people with a path to citizenship, describing the move yesterday as

The Buzz | Trudeau suspends Hong Kong extradition treaty on China law

Prime Minister Justin Trudeau is suspending Canada’s extradition treaty with Hong Kong, making it the first country to break law enforcement links with the former British colony since China tightened

The Buzz | China demands info from four media companies in response to US

China has demanded staff and business information from four U.S. media companies including The Associated Press in what it called a necessary response to similar demands by Washington on Chinese

The Buzz | Study: Coronavirus immunity may be more widespread than tests suggest

People testing negative for coronavirus antibodies may still have some immunity, a study revealed yesterday by BBC News has suggested. For every person testing positive for antibodies, two were found to

The Buzz | Gold heads for biggest quarterly gain

Gold headed for the biggest quarterly advance since 2016 amid a surge in demand for haven assets due to the coronavirus outbreak, which shows no signs of abating. Bullion has been

The Buzz | World hits coronavirus milestones amid fears worse to come

The world surpassed two sobering coronavirus milestones yesterday - 500,000 confirmed deaths, 10 million confirmed cases - and hit another high mark for daily new infections as governments that

The Buzz | Coronavirus: Data show more infected men, women deprioritized

An international aid group says coronavirus data in some countries show a sharp discrepancy between cases in men and women amid concerns that women lack proper access to testing and

The Buzz | China, India agree to disengage forces after deadly clash

Chinese and Indian military commanders have agreed to disengage their forces in a disputed area of the Himalayas following a clash that left at least 20 soldiers dead, both

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