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Search ResultsShowing 1 - 10 of 14 results for "Wuhan"
Investors pile into companies on life support
ALLY SELBY  |  TUESDAY, 12 MAY 2020
... buying into heavily sold-off sectors. Today, markets have dropped on fears of a second wave, with news of fresh cases in Wuhan, Germany and South Korea erasing yesterday's gains. Stocks that led the charge on Monday are now bleeding red. So were ...
Chief economist update: Easing does it (again)
BENJAMIN ONG  |  TUESDAY, 12 MAY 2020
... Murphy, anything that could go wrong went wrong. Here are the headlines: Northeast China hit by coronavirus infections, Wuhan reports new case (Reuters) "BEIJING (Reuters) -- Chinese authorities reported on Sunday what could be the beginning of a new ...
Chief economist update: No escaping the inverted yield curve
BENJAMIN ONG  |  MONDAY, 4 MAY 2020
... ensured a deep recession but I wonder if a recession would have been forestalled had the virus not - escaped from a lab in Wuhan or jumped from a bat or pangolin into humans (take your pick). That other curve -- the yield curve (which presages a US recession) ...
Chief economist update: How deep the global recession?
BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... bothered to look outside the square. Blame China for it seems that the coronavirus had already been doing the rounds in Wuhan before the ink on the IMF's January 2020 report dried ... or the enter key hit on the IMF's keyboard. Then again, my ...
Wall Street surges as Sanders drops out, Wuhan reopens
ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...
Chief economist update: Lock us down Scotty!
BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... far not so good. To repeat, government and central banks cannot bribe the virus to go away. China's total lockdown of Wuhan is a positive test case. Italy's one presents a truism for Murphy's Law that all other nations can learn from. The ...
Chief economist update: What happens in China...
BENJAMIN ONG  |  MONDAY, 23 MAR 2020
... actions provide a guide on what happens next. China quarantined and locked down activity of about 60 million inhabitants of Wuhan in Hubei province - what other countries are now progressively moving towards - if memory serves me right, in early February. ...
Billionaire investor warns against buying the dip
ALLY SELBY  |  MONDAY, 9 MAR 2020
... financial markets tells me that no matter what the short-term outlook, this too shall pass." After being identified in Wuhan, China, three months ago, COVID-19 has now spread to more than 100 countries and territories and killed more than 3500 people. ...
Chief economist update: A sensationalised version of the flu?
BENJAMIN ONG  |  FRIDAY, 28 FEB 2020
... Territories around the world have reported a total of 82,794 confirmed cases of the coronavirus COVID-19 that originated from Wuhan, China, and a death toll of 2,817 deaths". Based on its figures, this equates to a death rate of 3.4% -- it's grown ...
Chief economist update: COVID-19 solves overtourism in Europe
BENJAMIN ONG  |  WEDNESDAY, 26 FEB 2020
... citizens -- €3 million allocated to the EU Civil Protection Mechanism for repatriation flights of EU citizens from Wuhan, China.
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