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Emerging market corporate credit quality down but not out

by AIP Online Bureau | Jun 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Risk Management

LONDON: The coronavirus pandemic has had a devastating impact on companies around the world, but in poorer emerging economies where balance sheets and credit ratings were already weak, the damage is looking particularly widespread.Of the almost 1,800 rating cuts or...

Covid-19 vaccine will take minimum 1 year to be available widely:Singapore PM Lee Hsien Loong

by AIP Online Bureau | Jun 8, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

  Singapore: The much-needed vaccine to combat the coronavirus will take at least one year before it becomes available widely, Singapore Prime Minister Lee Hsien Loong said on Sunday, urging the people to “learn to live” with Covid-19 for a long time....

New Zealand says coronavirus ‘eliminated’ and life can resume without restrictions

by AIP Online Bureau | Jun 8, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health

WELLINGTON: New Zealand has eliminated transmission of the coronavirus domestically and will lift all containment measures except for border controls, Prime Minister Jacinda Ardern said on Monday, making it one of the first countries to do so.   Public and...

Health Ministry drafts rules to help COVID-19 patients access new drugs

by AIP Online Bureau | Jun 8, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

New Delhi: Seeking to facilitate availability of experimental drugs for severely-ill COVID-19 patients, the Union Health Ministry has issued a draft notification for "compassionate use" of any unapproved drug that is in the phase-III clinical trial globally....

Equity MFs give 25% returns during lockdown amid market recovery

by AIP Online Bureau | Jun 7, 2020 | Eco/Invest/Demography, Indian News

Mumbai: Equity-oriented mutual fund schemes generated returns of about 25 percent during the lockdown period amid a recovery in broader markets and liquidity infusion by the RBI coupled with the government's stimulus measures, experts said. However, some analysts...

FPIs invest Rs 18,589 cr in 1st week of June as market sentiment improves

by AIP Online Bureau | Jun 7, 2020 | Eco/Invest/Demography, Indian News

  NEW DELHI: Foreign portfolio investors have pumped in a massive Rs 18,589 crore into the Indian markets the first week of June as sentiment improved amid graded lifting of lockdown curbs.   Additionally, Reliance Industries  mega rights issue, which...

BA, Ryanair, easyJet protest over ‘wholly unjustified’ UK quarantine plan

by AIP Online Bureau | Jun 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Risk Management

  LONDON: Three airlines have written to the British government in protest at its “wholly unjustified and disproportionate” quarantine rules for most international arrivals from Monday, a copy of the letter seen by Reuters showed.   With planes...

China publishes white paper on outbreak of Covid-19 Pandemic

by AIP Online Bureau | Jun 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  Beijing : China will strengthen international cooperation in future COVID-19 clinical vaccine trials, building on earlier collaboration in vaccine development, the science and technology minister said on Sunday.China is expending great efforts in the global...

Delhi reserves hospital beds for residents as virus cases surge

by AIP Online Bureau | Jun 7, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News

NEW DELHI: The city of New Delhi on Sunday ordered many of its hospital beds to be reserved solely for residents of the Indian capital, as the number of COVID-19 infections continued to surge. India on Sunday registered 9,971 new coronavirus cases, taking its tally to...

Israeli tech firm to sell $32.4 million in medical watches in India

by AIP Online Bureau | Jun 7, 2020 | Eco/Invest/Demography, Facts, Health, Technology

  JERUSALEM: Israel’s CardiacSense said on Sunday it signed a $32.4 million deal to sell medical watches in India, bringing its total backlog of orders to over $60 million.   The company said the agreement is for 150,000 watches – which can...
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