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WRAPUP 5-Americans to fly home from coronavirus-hit cruise; China says new cases slow

9 hours ago NAMEX Comments Off on WRAPUP 5-Americans to fly home from coronavirus-hit cruise; China says new cases slow
SHANGHAI/BEIJING (Reuters) – U.S. officials in hazmat suits boarded a cruise liner on Sunday to fly home Americans quarantined for two weeks off Japan, while China said measures such as locking down megacity Wuhan had at last slowed the pace of new coronavirus cases. After being held on board the Diamond Princess since Feb. 3, Read More

China’s Evergrande to offer discount for all properties on sale in Feb, March

12 hours ago NAMEX Comments Off on China’s Evergrande to offer discount for all properties on sale in Feb, March
BEIJING, Feb 16 (Reuters) – China Evergrande Group , the third-largest developer by sales in the country, said on Sunday that it will offer 25% discount for all properties on sales from Feb 18 to Feb 29. The incentives come as property firms fear that the coronavirus outbreak would hit the market. Evergrande said it Read More

UPDATE 2-China’s Evergrande to offer discount for all properties on sale in Feb, March

12 hours ago NAMEX Comments Off on UPDATE 2-China’s Evergrande to offer discount for all properties on sale in Feb, March
(add govt advisor comments) BEIJING, Feb 16 (Reuters) – China Evergrande Group , the third-largest developer by sales in the country, said on Sunday that it will offer 25% discount for all properties on sales from Feb 18 to Feb 29. The incentives come as property firms fear that the coronavirus outbreak would hit the Read More

‘Is the democratic system so fragile?’ Audience applauds as Pelosi’s Huawei scare session prompts rebuke from Chinese delegate

13 hours ago NAMEX Comments Off on ‘Is the democratic system so fragile?’ Audience applauds as Pelosi’s Huawei scare session prompts rebuke from Chinese delegate
Nancy Pelosi, who brought a squad of US lawmakers to Munich, argued passionately that dropping Huawei technology is about keeping democracy, until an unorthodox intervention by a Chinese diplomat left her facing a tough argument. “National security, economy and values all come together on the Huawei issue,” Pelosi proclaimed during the third day of the Read More

New Chinese coronavirus cases show slight fall; Chinese tourist dies in France

20 hours ago NAMEX Comments Off on New Chinese coronavirus cases show slight fall; Chinese tourist dies in France
SHANGHAI (Reuters) – The number of new cases of a coronavirus in China fell slightly on Sunday, more than three weeks after the outbreak’s epicenter was locked down, and a Chinese tourist died from the virus in France, the first fatality in Europe. A man wearing a face mask crosses a road, as the country Read More

Another 70 people test positive for coronavirus on ship in Japan

20 hours ago NAMEX Comments Off on Another 70 people test positive for coronavirus on ship in Japan
TOKYO (Reuters) – Another 70 people on board a quarantined cruise ship in Japan have tested positive for the coronavirus, bringing the total number of cases from the vessel to 355, Japanese health minister Katsunobu Kato said on Sunday. FILE PHOTO: A passenger wearing a mask stands on the deck of the cruise ship Diamond Read More

US defense chief slams China as rising threat to world order

22 hours ago NAMEX Comments Off on US defense chief slams China as rising threat to world order
U.S. Defense Secretary Mark Esper on Saturday cast China as a rising threat to world order — saying the world’s most populous nation steals Western know-how, intimidates smaller neighbors and seeks an “advantage by any means and at any cost.” A frequent critic of China, Esper used an address to an international security conference in Munich, Read More

Factbox: Carmakers look to resume China output after virus forced closures

1 day ago NAMEX Comments Off on Factbox: Carmakers look to resume China output after virus forced closures
(Reuters) – Automakers including Daimler, Ford and Tesla are looking to resume production in China after being forced to shut factories following the outbreak of a new coronavirus. FILE PHOTO: A man walks past the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March 28, 2019. REUTERS/Kim Hong-Ji Below Read More

Face masks are must-have accessory of London fashion week amid coronavirus panic

1 day ago NAMEX Comments Off on Face masks are must-have accessory of London fashion week amid coronavirus panic
Virus protection — but make it fashion. The hottest accessory at London fashion week isn’t a Barbie-sized purse, but fashionable face masks amid widespread panic over coronavirus. Though fabric face masks can’t exactly help prevent the spread of the virus, it hasn’t stopped stylish denizens from wearing them to shows anyway. QUARANTINED CRUISE SHIP PASSENGER SPEAKS OUT AGAINST Read More

France reports Europe’s first coronavirus death

1 day ago NAMEX Comments Off on France reports Europe’s first coronavirus death
An 80-year-old man in France has become the first person in Europe to die from the coronavirus. The man – a Chinese tourist from the province of Hubei – arrived in France on Jan. 16, then was hospitalized on Jan. 25 under strict isolation measures. His condition deteriorated rapidly, officials said. “I was informed last Read More