Markets

Business districts around the world began to empty and stock markets tumbled on Friday as the number of coronavirus infections neared 100,000 and the economic damage wrought by the outbreak intensified.

The world's largest coffee chain Starbucks Corp has stopped accepting reusable cups from customers to prevent the spread of coronavirus, though it will still honor the promised discount for anyone carrying one.

Global stock markets tumbled and government bonds rallied on Friday as disruptions to business from the spreading coronavirus epidemic worsened, stoking fears of a prolonged economic slowdown.

Nissan is pushing on with plans to build its new Qashqai sports utility vehicle at its British factory despite warnings over Brexit, announcing on Friday a 52-million pound investment in a new press line at the site.

Finnish telecoms equipment maker Nokia drew a 500 million euro (US$561 million) loan last month to help it to accelerate development of 5G technology, its annual report shows.

Tesla Inc has secured Chinese government approval to sell longer-range China-made model 3 vehicles in China, the Ministry of Industry and Information Technology said on Friday.

Samsung Electronics said on Friday that it would temporarily move some smartphone production to Vietnam from South Korea after another of its Korean staff tested positive for the coronavirus, forcing it to close a factory.

SEOUL: South Korea's central bank said on Friday (Mar 6) it was quarantining bank notes for two weeks to remove any traces of coronavirus and even burning some as part of efforts to stem the outbreak. The Bank of Korea (BOK) said it is also putting currency notes through a...

BANGKOK: Thailand on Friday (Mar 6) outlined a stimulus package, estimated to be worth more than US$3.2 billion, to mitigate the impact of the coronavirus outbreak on activity in an already-flagging economy. Southeast Asia's second-largest economy is growing at its weakest pace in years due to ...

WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to US$10 billion, two sources with direct knowledge of the matter said.