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Oil price plunge, coronavirus fears unleash market chaos
TOKYO: Financial markets have been thrown into turmoil following Saudi Arabia’s response, to the collapse of OPEC+ talks and concerns about the global spread of the coronavirus. Following are comments from analysts: John Lekas, CEO, Leader Capital, Vancouver, WA: “We
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2020 Asian Beach Games to be held as planned in Sanya, China
KUALA LUMPUR: The sixth edition of the Asian Beach Games will be held as planned in Sanya City, Hainan province in China at the end of this year. Olympic Council of Asia (OCA) director-general, Husain Al-Musallam said, they had been
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Saudi Arabia locks down Qatif region, suspends schools over coronavirus
DUBAI: Saudi Arabia imposed a temporary lockdown yesterday on the eastern oil-producing province of Qatif, home to all 11 people in the kingdom who have tested positive for the coronavirus, and suspended all schools and universities nationwide. The interior ministry
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‘Coronavirus may force Americans to avoid crowds and cancel cruises’
WASHINGTON/NEW YORK: Americans, especially those who are vulnerable, may need to stop attending big gatherings as the coronavirus spreads through US communities, a top health official said yesterday, as investors braced for another volatile week in financial markets. Anthony Fauci,
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Coronavirus infects over 100k worldwide, 21 cases found San Francisco ship
LONDON/LOS ANGELES: Twenty-one people aboard a cruise ship that was barred from docking in San Francisco have tested positive for coronavirus, US officials said yesterday, adding to the more than 100,000 cases of the fast-spreading illness across the world. US
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Italy coronavirus deaths near 200 after biggest daily jump, global toll 3,455
The death toll from an outbreak of coronavirus in Italy has risen by 49 to 197, the Civil Protection Agency said yesterday, the largest daily increase in fatalities since the contagion was uncovered two weeks ago. Italy is currently reporting
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Saudi Arabia detains two senior royals, including King’s brother
Saudi Arabia has detained two senior members of the Saudi royal family – Prince Ahmed bin Abdulaziz, who is the younger brother of King Salman, and Mohammed bin Nayef, who is the king’s nephew, two sources with knowledge of the
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Why is the MH17 trial in the Netherlands?
The first hearing in the criminal trial of four men accused of murder for their roles in the 2014 downing of Malaysia Airlines Flight 17 in Ukraine is due to start in the Netherlands on Monday: What happened? MH17 was
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Transgender student leader lends voice to protest
SANTIAGO: As the long southern hemisphere summer holiday draws to an end this month, students in Chile are returning to college, but not always to classes. Many are getting ready to head out into the streets and breathe new life
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Coronavirus cases surge in US, helicopter flies test kits to cruise ship
LOS ANGELES: The coronavirus outbreak spread further across the US yesterday, cropping up in at least four new states and San Francisco as Congress quickly approved more than US$8 billion to fight the outbreak and Americans faced increasing disruptions to
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