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World

15 Asia-Pacific nations form world’s largest free trade bloc backed by China

15 Asia-Pacific nations formed the world’s largest free trade bloc on Sunday, a China-backed deal that excludes the United States, which had left a rival Asia-Pacific grouping under President Donald Trump. The signing of the Regional Comprehensive Economic Partnership (RCEP) at a regional summit in Hanoi, is a further blow to the group pushed by […]

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World

Coronavirus infections surpass the 10 MILLION mark in Asia

Asia surpassed 10 million infections of the new coronavirus on Saturday, the second-heaviest regional toll in the world, as cases continue to mount in India despite a slowdown and sharp declines elsewhere. Behind only Latin America, Asia accounts for about one-fourth of the global caseload of 42.1 million of the virus. With over 163,000 deaths, […]

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World

Macau: Asia’s gambling hub reopens for business

Macau, Asia’s gambling hub who became a ghost town during the coronavirus lockdown has once against started issuing tourist visas. Authorities will once again begin handing out visas to welcome back gamblers from Wednesday onwards. Casino operators lost nearly US$ 15 million each day during the lockdown. Visas for both individuals and group tours from […]

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Insane

Vietnam sets up ‘Rice ATMs’ to provide free rice for people amid lockdown

Vietnam has set up machines that gives out free rice to help those who need it most during the coronavirus pandemic. Vietnam has 265 cases of the novel coronavirus and zero deaths, numbers that are significantly lower than the rest of the world. But still, to prevent further spread, the government has enforced social distancing, […]

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Business

Mukesh Ambani not only lost $5.8 billion on Monday but also the tag of Asia’s richest

India’s top industrialist Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks. The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Mr Ambani’s net worth on Monday […]