LONDON: Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new lines. New insurance ventures sprang up after Hurricane Andrew in 1992, the 9/11 attacks […]
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HONG KONG: China opened a new office on Wednesday (Jul 8) for its intelligence agents to operate openly in Hong Kong for the first time under a tough new security law, in a public display of its tightening control over the finance hub. The new base is located in a […]
SEOUL: A South Korean court ordered Pyongyang’s leader Kim Jong Un to compensate two former prisoners of war who spent decades as forced labourers in the North, in a move that could set a far-reaching legal precedent on the divided peninsula. The ruling was the first time a South Korean […]
LONDON: Scientists warned on Wednesday (Jul 8) of a potential wave of coronavirus-related brain damage as new evidence suggested COVID-19 can lead to severe neurological complications, including inflammation, psychosis and delirium. A study by researchers at University College London (UCL) described 43 cases of patients with COVID-19 who suffered either […]
NEW YORK: The number of confirmed coronavirus cases in the United States pushed past 3 million on Tuesday (Jul 7), according to a Reuters tally, roughly equal to the population of Nevada, stoking fears that hospitals will be overwhelmed. The United States has the highest known numbers of both COVID-19 […]
GENEVA: The World Health Organization on Tuesday (Jul 7) acknowledged “evidence emerging” of the airborne spread of the novel coronavirus, after a group of scientists urged the global body to update its guidance on how the respiratory disease passes between people. “We have been talking about the possibility of airborne […]
TOKYO: When torrential rain flooded his scenic neighbourhood in western Japan, Kentaro Oishi had no hesitation: He jumped in the inflatable normally used for taking tourists white-water rafting and paddled off to rescue stranded locals. The 50-year-old and his three fellow rafters, who usually take holidaymakers on a white-knuckle ride […]
WASHINGTON, DC: The United States said on Monday (Jul 6) it would not allow foreign students to remain in the country if all of their classes are moved online in the fall because of the coronavirus crisis. “Non-immigrant F-1 and M-1 students attending schools operating entirely online may not take […]
GENEVA: The World Health Organization (WHO) is reviewing a report urging it to update guidance on the novel coronavirus after more than 200 scientists, in a letter to the health agency, outlined evidence the virus can spread in tiny airborne particles. The WHO says SARS-CoV-2, the virus that causes COVID-19, […]
NEW YORK: US health official Anthony Fauci said on Monday (Jul 6) that the current state of the COVID-19 outbreak in the United States “is really not good” and a “serious situation that we have to address immediately.” The United States is still “knee-deep” in the first wave of the […]