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Latest News Highlights

Oct 14, 2020

Xi called for the making of the southern metropolis into a “model city for a great, modern socialist country.”

The speech represented a high-profile backing of the companies and leaders in the so-called Greater Bay Area, a designation that’s meant to to push China into higher-quality manufacturing and better integrate the former colonies of Hong Kong and Macau into the mainland. 

Hot stock: Medtecs gains 7.4% on active trading after earnings boom

 

Oct 12, 2020

Trump tries to put COVID-19 behind him with campaign rally in Florida

The Republican president is seeking to change the dynamics of a race that opinion polls show he is losing to Democratic rival Joe Biden just 21 days before Election Day.





Oct 9, 2020

Over 40 airlines have failed so far this year — and more are set to come

Huge aid packages saved airlines at a time when air travel came to a near standstill because of the coronavirus, but the worst is not over, analysts said.


Oct 8, 2020

Coronavirus looms over vice presidential debate as Pence and Harris clash over Trump's response

(CNN)Vice President Mike Pence and Sen. Kamala Harris presented two sharply different representations of the administration's handling of the Covid-19 pandemic in Wednesday's debate, as the California senator accused the Trump administration of misleading Americans and framed the election as a referendum on trust.

The two vice presidential candidates met in Salt Lake City for a civil and substantive debate that stood in sharp contrast with last week's fiasco that was driven by President Donald Trump's impetuous interruptions. Though Pence would have preferred to talk about other topics, the President's Covid-19 diagnosis and the widening circle of infected aides in the White House made the administration's handling of the pandemic the central issue in the campaign and Wednesday night's debate.

Regeneron antibodies in demand after Trump treatment, doctors seek more data

The company said on Wednesday that it has submitted a request to the U.S. Food and Drug Administration for an emergency use authorization (EUA) for its antibody combination.

$Medtecs Intl(546.SI) $Riverstone(AP4.SI) $TOPGLOV(7113.MY) $Top Glove(BVA.SI) $UG Healthcare(41A.SI) $Sri Trang Agro(NC2.SI) $Aspen(1F3) When will Covid vaccine arrived? Be vigilant esp. for above stocks, which may see increased VOLATILITY on profit taking towards covid vaccine arrival.

Oct 7, 2020

Trump’s ‘illogical’ move to end stimulus talks baffles Wall Street and Washington

President Donald Trump’s decision on Tuesday to end negotiations over additional Covid-19 stimulus left many on Wall Street and in Washington baffled.Why, they wondered, would the White House would make such an abrupt move away from an economic boost in the home stretch of his reelection campaign? Observers saw the president’s tweet as a self-inflicted wound. One senior Wall Street banker called Trump’s move to torpedo talks “illogical,” especially just weeks until Election Day. Read More ... (CNBC)


Oct 6, 2020

White House to Sharply Limit Access to Trump After His Return

 President Donald Trump returned to the White House Monday evening after three days of treatment for Covid-19 at a military hospital, and officials plan to significantly restrict physical access to him as he continues his recovery.

The president has received medical care unavailable to most people, including three powerful medicines and an airlift to and from the hospital. The virus has infected more than 7.4 million Americans and has killed more than 210,000 since February, including 475 on Sunday, according to data compiled by Bloomberg.

Oct 5, 2020

Trump is hospitalized with Covid, but he's still not taking the pandemic seriously

(CNN)President Donald Trump's fight with Covid-19 has so far not convinced him to prioritize a responsible approach to a pandemic that has killed 209,000 Americans over his own political needs.

Trump staged an extraordinary drive-by photo-op Sunday in front of supporters gathered with flags and banners outside Walter Reed National Military Medical Center. The stunt, which risked exposing Secret Service agents riding in his armored SUV, amounted to a familiar flouting of government recommendations to stop the spread of the virus which has infected 7 million Americans. It was the latest flagrant sign of politics superseding Trump's duties as a steward of the national well-being -- with Election Day only 29 days away and voting in many states already underway.

Oct 2, 2020

Trump’s Covid-19 Diagnosis Reshapes Election a Month From Vote

Donald Trump’s Covid-19 diagnosis has dramatically altered the closing weeks of the U.S. presidential campaign, with the president now facing not only an unprecedented health challenge but also logistical and staffing chaos about a month before Election Day.


Sep 30, 2020

First 2020 US presidential campaign debate, in bickering & chaos

The debate moderator, Fox News host Wallace, tried to intervene as the two candidates squabbled over their respective health policies, and Mr Trump complained: “I guess I’m debating you.”

Sep 29, 2020

Inside the multibillion dollar race for a Covid-19 vaccine

The Path to a Covid-19 vaccine 

Funding for a vaccine has never been greater, with billions of dollars pouring in from around the world to make a product that could help to control the pandemic -- but the US, China and Europe have invested the most. Before even the most vulnerable groups can get a shot in the arm from their family doctor, however, a lot of work needs to be done -- and a lot of deals need to be made.


Sanctions-hit Huawei ramps up investment in Chinese tech sector

Huawei's investment push also coincides with ramped-up government efforts to boost China's semiconductor sector, which still lags behind leading chip producers including the United States, South Korea and Taiwan.


Sep 28, 2020

The first of three scheduled debates comes this week, amidst a Volatile Wall Street

 

A strong performance in Tuesday’s debate by Biden, who currently has a modest lead in betting odds and polls, might boost stocks related to global trade and renewable energy, while a perceived debate victory by Trump could benefit fossil fuel and defense companies.

Sep 27, 2020

U.S. stocks recover on Friday, as tech shares clawed back some of their big September declines.

 

Shares of Amazon rose 2.5% and Facebook gained 2.1%. Apple advanced 3.8% and Microsoft climbed 2.3%. Netflix closed 2.1% higher. The S&P 500 tech sector jumped 2.4% and for its best day since Sept. 9, when it popped 3.4%.

Barrett to become the 5th woman ever to serve on the court and to push its conservative majority to a commanding 6-3?

 

Like Trump’s two other appointees, Neil Gorsuch in 2017 and Brett Kavanaugh in 2018, Barrett is young enough that she could serve for decades in the lifetime job, leaving a lasting conservative imprint. Barrett is the youngest Supreme Court nominee since conservative Clarence Thomas was 43 in 1991.

WHO’S BETTER ON COVID-19, ECONOMY?

The online state polls, conducted earlier in September and released this week, found Biden and Trump tied among likely voters in Florida and North Carolina. Biden led by 1 percentage point in Arizona, 3 points in Pennsylvania and 5 points in Wisconsin and Michigan.