Markets for stocks and other risky assets could suffer a second swoon if the coronavirus spreads more widely, lockdowns are reimposed or trade tensions surge again, the International Monetary Fund warned on Thursday (June 25).
Top medics have warned British political parties that local flare-ups of the novel coronavirus are likely and a second wave is a real risk. The number of people in Britain who have died after being confirmed to have COVID-19 has risen to 42,927, from 42,647 the day before, health officials said on Tuesday (June 23). The increase includes 171 new deaths reported as of 1600 GMT on June 22, plus 109 deaths that occurred in April, May and June which had been reclassified as caused by COVID-19.
The ASEAN Senior Officials’ Preparatory Meeting (PREP-SOM) was held online on June 22 and chaired by Deputy Foreign Minister Nguyen Quoc Dung, head of the Vietnam ASEAN SOM.
China reported 18 new coronavirus cases for June 21, 9 of which were in the capital Beijing, the National Health Commission said on Monday (June 22). This compared with 26 confirmed cases a day earlier, 22 of which were in Beijing. Local authorities are restricting movement of people in the capital and stepping up other measures to prevent the virus from spreading following a series of local infections.
The first trial results of a coronavirus vaccine being developed by CureVac are expected in two months, German news website Focus Online reported on Friday (June 19). CureVac, an unlisted German company, this week said first meaningful results could be available in September or October and, under favourable conditions, it could be approved by the middle of next year.
China's Vice Premier Liu He said the country's economic situation has gradually improved, and that various indicators have shown marginal progress, in prepared remarks delivered on Thursday (June 18) by the chief securities regulator.
Although the latest statistics have shown that the COVID-19 pandemic is devastating the US economy, economic experts still express hope and optimism about the prospects for the world's number one economy in 2021.
The International Monetary Fund's executive board approved on Tuesday (June 9) a US$5 billion loan deal for Ukraine that Kiev says is needed to stave off default as the coronavirus pandemic plunges the Eastern European country's economy into recession.
The rise of Vietnam has been highlighted in a recent survey of the Australian Chamber of Commerce (AustCham), as Vietnam is now considered the most favourable place to expand business, surpassing the Philippines and Myanmar in recent years as well as Australia’s long-term business partners namely Malaysia and Singapore.
The Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, a group known as OPEC+, will meet on Saturday, June 6, Algeria's Ennahar TV channel reported on Friday, citing an OPEC source.
The European Union is preparing to use an emergency EUR2.4-billion (US$2.7 billion) fund to make advance purchases of promising vaccines against the new coronavirus, EU officials told Reuters. The move was discussed at a meeting of EU ambassadors on Wednesday, after Germany, France, Italy and the Netherlands said they were speeding up negotiations with pharmaceutical companies to secure access to vaccines currently under development.
The Pentagon has moved about 1,600 US Army troops into the Washington, D.C., region, the Pentagon said on June 2, after several nights of violent protests in the city.
Tropical Depression Three located in the Gulf of Mexico is expected to strengthen to a tropical storm by Monday night or Tuesday (June 1-2), the US National Hurricane Center (NHC) said.
Vietnam’s success in handling the COVID-19 pandemic continues to receive compliments from international media.
Russia on May 29 reported 232 deaths from the new coronavirus in the last 24 hours, a record one-day amount that pushed the nationwide death toll to 4,374.
Turkey begun operating intercity trains on Thursday (May 28) after a two-month gap, as it gradually eases coronavirus curbs in a bid to restore normal life and reopen an economy facing the threat of recession.
The economy in Gulf countries has been tottering and facing heavy financial pressure since being hit by two "big waves”, triggered by the COVID-19 pandemic and a record plunge in oil prices.
Brazil daily coronavirus deaths were higher than fatalities in the United States for the first time over the last 24 hours, according to the country's Health Ministry.
Canadian Prime Minister Justin Trudeau has spoken to the heads of the country's six big banks to get their views on the state of the economy and the COVID-19 relief efforts, the Globe and Mail reported on May 24, citing multiple sources.
US President Donald Trump on May 20 said he may seek to revive a face-to-face meeting of Group of Seven leaders near Washington, after earlier canceling the in-person gathering of world leaders due to the novel coronavirus pandemic.
The ASEAN Senior Officials’ Meeting (SOM) at the Deputy Foreign Ministerial level was held on May 18 in the form of a teleconference, with Deputy Foreign Minister Nguyen Quoc Dung, head of Vietnam ASEAN SOM, participating.
Europe must prepare for a second deadly wave of the coronavirus in the winter, a top World Health Organisation chief has warned.
China reported seven new coronavirus infections on the mainland on May 12, versus one a day earlier, the national health authority said on May 13, with six local cases in northeastern Jilin province and one imported case in Shanghai.
President Trump takes questions on testing after White House staff test positive for coronavirus.
Thailand’s consumer confidence slumped to a 21-year low in April as the public remained worried about the poor economy, unemployment and future income because of the COVID-19 pandemic.