70% of top 10 billionaires generated wealth from tech industry
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70% of top 10 billionaires generated wealth from tech industry
Data researched by Trading platforms UK indicates that 70 percent of the top ten richest people amassed their wealth from the technology industry as of March 1, 2021. The top ten wealthy individuals control a fortune of $1.14 trillion in total, with tech players accounting for $855.9 billion. Amazo»»»

Hong Kong's COVID-19 tally surpasses 11,000 with vaccine rollout going on
HONG KONG, Feb. 28 (Xinhua) -- With 22 new infections Sunday, Hong Kong has so far reported 11,005 confirmed cases of COVID-19 and the government is speeding up its mass vaccination program. Hong Kong's Center for Health Protection said Sunday the new infections included 17 locally-transmitted case»»»
StanChart restores dividend, reaffirms targets as COVID-19 halves profit
HONG KONG/LONDON (Reuters) - Standard Chartered PLC STAN.L on Thursday restored its dividend and reaffirmed its long-term profit goals, in a show of confidence about its ability to recover from the impact of the COVID-19 pandemic even as its annual profit more than halved. StanChart, noted however,»»»
Duty-free shops to enliven cities
Downtown areas to throb with retail growth, offset impact of pandemic A group of Chinese enterprises have rolled out plans to set up more duty-free stores in downtown areas of domestic cities. Their larger plan is to stimulate more retail growth opportunities and thrive again, having taken a hit so»»»

Contemporary Interpretations of Traditional Asian Crafts at Collect 2021
This year’s online edition of Collect art fair showcases how modern artists are interpreting Asian craft art forms into traditional and contemporary pieces. Collect 2021, launching in partnership with the online art platform Artsy, goes live on Friday, February 26. It is the 17th edition of the Col»»»

Hong Kong to ease social distancing measures
CAPE TOWN, January 17 (ANA) - Hong Kong is expected to relax its stringent social distancing laws from Thursday. Hong Kong has come through its fourth wave of the coronavirus, and for residents and companies who have endured months of constraints, the relaxing of social distancing measures is a wel»»»

At least 331 human rights defenders were murdered in 2020, report finds
At least 331 human rights defenders promoting social, environmental, racial and gender justice in 25 countries were murdered in 2020, with scores more beaten, detained and criminalised because of their work, analysis has found. Latin America, the most dangerous continent in the world in which to pr»»»

Thousands of Hong Kongers locked down to contain coronavirus
Thousands of Hong Kong residents were locked down in their homes Saturday in an unprecedented move to contain a worsening coronavirus outbreak in the city. Authorities said in a statement that an area comprising 16 buildings in the city’s Yau Tsim Mong district would be locked down until all reside»»»
Thousands of Hong Kongers locked down to contain coronavirus
Thousands of Hong Kong residents were locked down Saturday in an unprecedented move to contain a worsening outbreak in the city, authorities said. Hong Kong has been grappling to contain a fresh wave of the coronavirus since November. Over 4,300 cases have been recorded in the last two months, maki»»»

Hong Kong declares 1st COVID-19 lockdown as cases soar
Hong Kong's government declared its first lockdown on Saturday in a bid to contain an ongoing outbreak of the novel coronavirus in one of the city's poorest and most densely populated districts. The lockdown, which affects around 10,000 residents across 150 residential blocks in the Jordan neighbor»»»

Western Balkans citizens legally resident in EU equal to 14% of region’s population
2.4mn people from the Western Balkans held valid residence permits for EU countries as of the end of 2019, almost 14% of the region’s population of 17.6mn, data released by the EU’s statistics office Eurostat showed on January 19. This included 868,000 Albanians who held valid residence permits for»»»

UAE's export markets grow to 230 by end of September
ABU DHABI, 18th January, 2021 (WAM) -- Capitalising on its coveted geographical position as a vital re-export point between east and west, the UAE has tapped into new export and re-export markets in 2020, bringing to 230 the country's total global export markets, as compared to 200 in 2019, accordi»»»


The first pictures of the Wuhan wildlife market, the epicenter of the outbreak of the Corona virus in China
British newspaper “Daily Mail” said in a report today, that Coronas deadly disease, Started at the animal market in Wuhan where snakes, mice and wolves were slaughtered at their request, tests confirm that the market was home to the stalls of trade in snakes, small wolves, foxes, rats, and peacocks»»»


Maskless crowd 'chant 'Covid is a hoax'' outside St Thomas's Hospital
A junior A&E doctor was left 'heartbroken' after being met with a huge crowd of maskless revellers after his New Year's Eve shift in London. Dr Matthew Lee was 'disgusted' after a crowd - some chanting 'Covid is a hoax' - gathered outside St Thomas' Hospital - where tireless doctors battled to save»»»


Asian countries that had contained coronavirus are hit by new surges
They were long lauded as pandemic success stories. But as the year ends, several Asian countries with impressive records of containing the coronavirus have been hit by new surges. South Korea and Japan are experiencing the pandemic’s persistence in a stark reminder of the enduring and evolving chal»»»


Coronavirus: Denmark to exhume millions of mink from mass graves
Move comes amid health risk fears after mink carcasses rose from the ground, pushed up by gasses from decomposition. Denmark will exhume millions of mink from mass graves after some carcasses resurfaced following a cull last month, raising concerns over health risks. Officials ordered Denmark’s ent»»»


Hong Kong to limit dining, close gyms and beauty salons to curb virus
HONG KONG: Hong Kong said on Tuesday the city would once again ban dining in restaurants after 6 p.m. (1000 GMT) and close all gyms and beauty salons, to curb a rise in coronavirus cases in the densely packed financial hub. Chief Executive Carrie Lam said the government would also study additional »»»


Hong Kong to limit dining, close gyms and beauty salons to curb coronavirus
HONG KONG: Hong Kong said on Tuesday the city would once again ban dining in restaurants after 6p.m. (1000 GMT) and close all gyms and beauty salons, to curb a rise in coronavirus cases in the densely packed financial hub. Chief Executive Carrie Lam said the government would also study additional r»»»

Major retailer reveals sales boom
Premier Investments says it has recovered from the financial onslaught of the coronavirus pandemic, flagging record trading volumes in the recent Black Friday and Cyber Monday sales. At the company’s annual general meeting on Friday, chairman Solomon Lew said online sales for the first 18 weeks of »»»
Will 2021 be different amid COVID?
LONDON: Swimmers enjoy a ‘dawn dip’ in the West Reservoir outdoor swimming lake yesterday as England emerges from a month-long lockdown to combat the novel coronavirus pandemic. – AFP PARIS: 2020 was a year turned upside-down by the novel coronavirus. But with the prospect of several vaccines comin»»»

Dry fish processors in Chittagong passing busy time
On a recent visit to Bakalia Bastuhara Shutki Palli, it was seen that hundreds of workers are passing busy days making dried fish The dry fish processors in the Shutki Palli of the port city are passing busy hours with the advent of winter season. On a recent visit to Bakalia Bastuhara Shutki Palli»»»


Pub bosses blast Government for using ‘dodgy dossier’ to support hospitality curbs
PUB bosses blasted the Government for using a “dodgy dossier” to curb the hospitality trade. Ministers are partly basing the strict measures for revellers on outbreaks in Japan, China, South Korea and Indonesia, a policy paper shows. ⚠️ Read our coronavirus live blog for the latest news & updates B»»»

Global tax evasion costs $427 billion per year — NGO
LONDON — Tax evasion is costing the world about $427 billion (362 billion euros) per year with cash funnelled via murky tax havens, according to data published on Friday by the Tax Justice Network. The TJN said in a statement that it has sifted through records worldwide in the first global study of»»»

Hong Kong closes primary schools after infection spike
Hong Kong authorities on Friday announced the closure of primary schools for two weeks starting next week in the wake of rising coronavirus cases, local media reported. Health Secretary Sophia Chan said face-to-face classes for primary school grades 1 to 3 will be suspended for two weeks, according»»»


India's COVID-19 tally mounts to 8,874,290, Indonesia reports 3,807 new cases
HONG KONG. KAZINFORM - The COVID-19 pandemic continues in Asia-Pacific countries as India's tally mounted to 8,874,290 on Tuesday while Indonesia reported 3,807 new cases, Xinhua reports. India's COVID-19 tally reached 8,874,290 as 29,163 new cases were registered across the country in the past 24 »»»


Abu Dhabi’s non-oil foreign trade for 9 months hit $41bln
Abu Dhabi’s non-oil foreign trade sector demonstrated agility and preparedness, reaching AED151.18 billion ($41 billion) during the period from January to September, despite the Covid-19 pandemic. The sector also distributed imports worth AED69.33 billion, exports worth AED55.37 billion, and re-exp»»»


Chinese PV Industry Brief: Risen enters polysilicon production, JYT Corporation wants to build 24 GW polysilicon factory
China PV module manufacturer Risen Energy has completed the acquisition of Dunan Solar’s polysilicon business and is now operating a 12,000 MT factory. Shanghai-listed PV equipment supplier JYT Corporation wants to build a 24 GW polysilicon manufacturing facility in Sichuan Province. China PV modul»»»

Ban on 34 countries puts hiring of ‘domestics’ in total disarray
Some illegal offices make hay while the sun shines KUWAIT CITY, Nov 3: The hiring of domestic workers is in total mess as Kuwait continues to close its air space for incoming fl ights from 34 countries, including India, Iran, China, Brazil, Columbia, Armenia, Bangladesh, the Philippines, Syria, Spa»»»

Cathay Pacific axes regional carrier and jobs
Cathay Pacific has announced it is closing its subsidiary Cathay Dragon and cutting 8,500 jobs. Cathay Dragon was a full service regional carrier flying mainly to mainland China and other Asian destinations. Hong Kong-based Cathay Pacific says it hopes to retain most of Cathay Dragon’s routes. Many»»»


First case of COVID-19 reinfection in U.S. had no known risk factors for disease
Oct. 12 (UPI) -- The first case of COVID-19 reinfection in the United States occurred in a man with no known underlying health conditions to increase his risk for serious illness from the virus, according to a report published Monday by the The Lancet Infectious Diseases. The 25-year-old was infect»»»

Kuwait adds Argentina, France, Yemen to Covid-19 entry ban
KUWAIT, Sept 17 (KUNA) -- Kuwait on Thursday expanded its Covid-19 ban on incoming commercial flights from "high-risk" nations to include Argentina, France and Yemen but has removed Singapore from the list.This decision comes in accordance with the instructions of health authorities, Kuwait General»»»

Hong Kong rolls out mass testing for COVID-19
Hong Kong: Hong Kong began a mass coronavirus testing programme Tuesday overshadowed by fears that China is using the scheme to harvest DNA, while the number of infections in the United States surpassed six million. The voluntary initiative in the southern Chinese city is offering free tests to mil»»»


Hong Kong to begin mass COVID-19 testing Sept. 1
closeVideoHong Kong leader Carrie Lam announced Friday that mass coronavirus testing for the city's residents will start Sept. 1. The endeavor, which relies on a 60-person team from the mainland, marks the first time Chinese health officials have assisted the once semi-autonomous city in fighting t»»»


Asia-Pacific tourism makes patchy restart, and some missteps
CANBERRA, Australia (AP) — Tourism operators across Asia and the Pacific are making furtive and faltering advances, as well as some spectacular missteps, after travel was largely halted by the coronavirus pandemic that continues ebbing and mostly surging around the globe. The Indonesian resort isla»»»


Hong Kong makes masks compulsory as Covid cases rise
Hong Kong (CNN)Hong Kong will make wearing masks in public compulsory and limit gatherings to no more than two people as officials in the city grapple with a rising surge in coronavirus infections. On Monday, Hong Kong's Chief Secretary Matthew Cheung announced that face masks would be mandatory in»»»


Coronavirus, New Cases Around the World
Pakistan said on Sunday that a further 46 people had died from the virus More than 14 million cases have been confirmed and deaths have now surpassed 600,000 since the outbreak began, according to Johns Hopkins University. Here are some of today's updates from countries around the world: The Philip»»»


Coronavirus: Emirates suspends flights from Pakistan after passengers test positive
The country is currently experiencing a surge in Covid-19 cases Emirates has suspended flights from Pakistan after passengers transiting through Dubai tested positive for Covid-19. The decision was taken after 26 people on board a flight from Pakistan to Hong Kong via Dubai were found to have the v»»»

DBS says oil and gas sector accounts for biggest chunk of loans to industries hit by Covid-19, Banking
SINGAPORE (THE BUSINESS TIMES) - DBS on Thursday (April 30) guided that its oil-and-gas (O&G) lending portfolio at $23 billion makes up its single-largest loan exposure to impacted industries made vulnerable by the Covid-19 pandemic, and that it expects further allowances set aside specifically for»»»

China admits mistake, raises Wuhan’s death toll by 50%
The United States has led the charge in questioning China’s handling of the pandemic and how much information it has really shared with the international community since the virus emerged late last year. Authorities in Wuhan initially tried to cover up the outbreak, punishing doctors who had raised»»»

South Korea Ruling Party Wins Big Parliamentary Majority
South Korea's left-leaning ruling party won a landslide election victory, results showed Thursday, after the coronavirus pandemic turned the political tide in President Moon Jae-in's favour. His Democratic party secured the largest absolute majority in the National Assembly since the advent of demo»»»

S. Korean ruling party wins landslide in parliamentary elections on strength of Covid-19 success
South Korea's left-leaning ruling party won a landslide victory in Wednesday's general election, partial results showed, after the coronavirus pandemic turned the political tide in President Moon Jae-in's favour. Advertising Read more The country uses a mix of first-past-the-post seats and proporti»»»


WTO issues new report on worldwide trade in COVID-19 medical products
The World Trade Organisation, WTO, Secretariat has released a new report on trade in medical products critical for the global response to the COVID-19 pandemic. The report traces trade flows for products such as personal protective products, hospital and laboratory supplies, medicines and medical t»»»

China Announces Recovery of 93.5% of Coronavirus Cases
The Chinese authorities announced Wednesday that the total number of coronavirus cases has reached 81,554, including 806 cases that originated from abroad, adding that 76238 (93.48%) of them have recovered. In addition, a total of 1,367 asymptomatic patients are under medical observation. The death»»»

India's Sensex starts over 600 points higher, pares gains
The concerns over the impact of worldwide lockdowns kept investors on edge, traders said. Equity benchmark Sensex jumped over 600 points in opening session on Wednesday after the government took drastic measures to combat Covid-19 outbreak with Prime Minister Narendra Modi announcing a complete loc»»»


Hong Kong confirms third coronavirus death
A 76-year-old Hong Kong woman became the third coronavirus patient who died in the Chinese-ruled city, the Hospital Authority said on Sunday. The female patient had developed fever, shortness of breath, cough and abdominal pain on Feb. 28 and was admitted to hospital the same day. Hong Kong recorde»»»


Kuwait suspends visas for Egyptians over coronavirus fears
Kuwait’s interior ministry has suspended the issuance of entry visas for Egyptian nationals amid fears of the coronavirus (COVID-19) outbreak; Al-Qabas newspaper quoted a local security source as saying yesterday. The newspaper said the decision does not include Egyptians with valid residency permi»»»

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