Advisors to President Donald Trump were reportedly considering proposals to strike against the Hong Kong dollar peg, in response to China implementing a national security law on the city.
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Dow futures rise nearly 200 points as investors shake off a continued spike in coronavirus cases
The S&P 500 is coming off two consecutive weeks of gains, while the resilience in tech shares pushed the Nasdaq to a new record last week.
Singapore’s ruling party PAP cedes ground to opposition in pandemic election
The PAP secured 83 out of 93 seats in parliament, while the main opposition Workers’ Party won the other 10 — the most ever held by opposition lawmakers.
Coronavirus live updates: Record single-day spike in cases; Gottlieb says 1 in 150 Americans are infected
The coronavirus has infected more than 12.29 million people around the world as of Friday, killing at least 555,486 people.
Already in financial meltdown, Lebanon endures blackouts of around 20 hours a day
Lebanon’s electricity shortage has caused the main hospital in Beirut to close operating rooms and delay surgeries.
China’s jobs problem runs deeper than the coronavirus
New hiring and management practices could help China boost productivity in the economic uncertainty of the post-coronavirus environment.
FBI chief slams Chinese cyberattacks on U.S., calls it ‘one of the largest transfers of wealth in human history’
Wray’s comments come on the heels of Secretary of State Mike Pompeo’s threat to ban TikTok as well as other Chinese social media apps citing national security concerns.
Economists warn of UK jobs crisis ahead of crucial budget
U.K. Chancellor of the Exchequer Rishi Sunak will deliver a fresh set of policy initiatives on Wednesday as Britain looks to spark an economic recovery from the coronavirus pandemic.
Deutsche Bank hit with $150 million penalty for relationship to sex offender Jeffrey Epstein
Accused child sex trafficker Jeffrey Epstein was a former friend of Presidents Donald Trump and Bill Clinton, as well as of Prince Andrew.
Coronavirus updates: Scientists call on WHO to recognize airborne threat; India’s cases surpass Russia’s
The coronavirus has infected more than 11.47 million people around the world as of Monday, killing at least 534,784 people.
Think tank explains why it’s ‘pointless’ to delist Chinese companies from U.S. stock markets
The move will neither deny those firms access to American capital markets nor hurt China’s growth, said Peterson Institute for International Economics.
Canada suspends its extradition treaty with Hong Kong, eyes immigration boost
Canada is suspending its extradition treaty with Hong Kong in the wake of new Chinese national security legislation and could boost immigration from the former British colony, top officials said on Friday.
Hong Kong officials ‘very disappointed’ at Canada’s move to suspend extradition pact
Senior officials in Hong Kong said on Saturday they were “very disappointed” at Canada’s decision to suspend its extradition treaty with the Chinese-ruled city and again slammed Washington for “interfering” in its affairs.
How Hong Kong beat coronavirus and avoided lockdown
Hong Kong is one of the world’s densest cities. Public transit is often packed. There are even direct flights from Wuhan. Yet, the city managed to handle the outbreak with a combination of factors.
Fitch has downgraded a record number of sovereign ratings due to the coronavirus. It’s not done yet
Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year — more than in any given year in the past.