The Buzz | Australia blocks Kirin’s $430M sale of business to Chinese company

Australia’s government announced yesterday it proposed to block Kirin Holdings Co.’s 45.6 billion yen ($430 million) sale of its Australian beverage unit to a Chinese company in a development likely

The Buzz | Ex-chief of Moutai top liquor brand sentenced to jail for bribery

Liu Zili, former vice chairman and general manager of Kweichow Moutai Group, maker of China’s famous Moutai liquor, was yesterday sentenced to 11 and half years in prison for accepting

The Buzz | EU trade chief under pressure for golf event

The EU’s trade commissioner is coming under intense pressure to step down after attending a golf event despite a ban on public gatherings during the pandemic. The job of Phil Hogan,

The Buzz | North Korea sets rare party meeting after economic shortfall

With unusual candor, North Korean leader Kim Jong Un admitted that U.S.-led sanctions, the pandemic and devastating floods have hurt his country’s dismal economy as his ruling party scheduled a

The Buzz | Poll: Pandemic shifts how consumers use gig companies

When ride-hailing heavyweights Uber and Lyft and delivery giants Grubhub and Instacart began making shared rides and meals available with a few taps on a smartphone, they transformed the way

The Buzz | First Mediterranean cruise sets sail after virus tests

Cruise ship passengers had their temperatures checked and took COVID-19 tests yesterday (Macau time) so they could set sail on what is being billed as the first Mediterranean cruise after

The Buzz | China’s Hong Kong garrison fires torpedoes in military drill

The Chinese army has released footage of its Hong Kong garrison firing cannons and torpedoes in a drill in the South China Sea amid rising tensions between Beijing and Washington

The Buzz | China extends anti-dumping tariffs on Indian optical fiber

China’s Commerce Ministry said yesterday it has extended punitive tariffs on Indian optical fiber products for five years. The announcement follows a yearlong review after a previous tariff expired in 2019.

The Buzz | US Health Secretary Alex Azar says Covid-19 vaccine ‘not a race to be first’

U.S. Health Secretary Alex Azar says the push to develop a COVID-19 vaccine is “not a race to be first.” Azar’s comments during a visit to Taiwan yesterday follow Russian President

The Buzz | Pompeo opens anti-China, anti-Russia tour in Czech Republic

U.S. Secretary of State Mike Pompeo is in the Czech Republic at the start of a four-nation tour of central and eastern Europe expected to focus on threats to the

The Buzz | Jimmy Lai’s Next Digital Soars 344% After Arrest, Police Raid

Social media posts urged investors to buy shares of Hong Kong media tycoon Jimmy Lai’s company, following his arrest and police raid of his flagship newspaper. After falling as much as

The Buzz | Trump says generals feel Beirut blast was likely an ‘attack’

President Donald Trump said U.S. military generals have told him that they “seem to feel” the massive explosion that rocked Beirut, killing at least 100 people, was a “terrible attack”

The Buzz | Prosecutor seeking Trump’s taxes cites probe of his business

A New York City prosecutor fighting to get President Donald Trump’s tax returns told a judge yesterday he was justified in demanding them because of public reports of “extensive

The Buzz | Vulnerable eastern China areas evacuated ahead of typhoon

Vulnerable coastal areas were being evacuated and fishing boats recalled to port before a typhoon was expected to bring heavy rains to eastern China late yesterday as much of the

The Buzz | London lockdown considered in worst-case scenario

British Prime Minister Boris Johnson is considering sealing off Greater London and ordering at-risk members of the population to stay at home under a potential scenario designed to avert a

The Buzz | NASA launches Mars rover to look for signs of ancient life

The biggest, most sophisticated Mars rover ever built — a car-size vehicle bristling with cameras, microphones, drills and lasers — blasted off for the red planet yesterday as part of

The Buzz | Hong Kong economy contracts 9% in latest quarter

Hong Kong’s economy shrank by 9% from a year earlier in the latest quarter, hurt by the coronavirus pandemic and facing more potential damage from the loss of U.S. trade

The Buzz | South China Morning Post to put up paywall amid Kong Kong slump

South China Morning Post is dropping its free online model after months of political unrest and the coronavirus pandemic hit advertising revenue at the Hong Kong newspaper backed by Alibaba

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

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