How China is attempting to prevent a second wave of infections

Asia Pacific Apr 29, 2020

How China is attempting to prevent a second wave of infections

As the first major country to emerge from coronavirus lockdowns, China is focused on avoiding a devastating second wave of infections as it returns to a semblance of pre-pandemic life. Distanced school desks, compulsory face masks and tracking apps are being deployed from the financial ...

Loft lifestyle store chain to make China debut in July

Business / Corporate Apr 7, 2020

Loft lifestyle store chain to make China debut in July

Japanese lifestyle specialty store operator The Loft Co. will debut in the Chinese market by opening its first directly owned overseas outlet in Shanghai possibly in July. The Loft signed a tenancy contract last Friday with the operator of the Metro City shopping mall in ...

Qantas cuts flights to Asia as coronavirus hits profits

Business Feb 20, 2020

Qantas cuts flights to Asia as coronavirus hits profits

Australian airline Qantas on Thursday announced a major reduction in flights to Asia as the deadly coronavirus outbreak that began in China impacts demand and eats into profits. The carrier said it would cut flights to Asia by 16 percent for at least three months, ...

Stocks in China slide; U.S. equity futures advance

Business / Financial Markets Feb 3, 2020

Stocks in China slide; U.S. equity futures advance

Chinese shares tumbled and the yuan weakened as traders returned from an extended holiday amid the worsening coronavirus outbreak. Support measures from China's government helped stem losses somewhat in Asia, while U.S. futures rose and Treasuries slipped. Stocks in Shanghai opened almost 9 percent lower, ...

Cruise companies cancel departures from Chinese ports

Business Jan 31, 2020

Cruise companies cancel departures from Chinese ports

Cruise operators MSC Cruises and Costa Cruises said on Thursday that they had canceled departures from Chinese ports because of the deadly coronavirus outbreak. MSC canceled three scheduled cruises on its Splendida ship, which has a capacity of 6,880 people and was due to sail ...