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News

16 Feb UPDATE 1-Macau casinos to resume operations from Feb 20 after suspension over virus fear

Posted at 09:48h in News by KMFSLLP 0 Comments

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* Macau has had no new coronavirus cases in past 2 weeks (Adds detail on measures)

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16 Feb Chinese province launches insurance for businesses hit by coronavirus

Posted at 09:47h in News by KMFSLLP 0 Comments

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China's southern province of Hainan has launched the first specially-designed insurance product to cover losses incurred by businesses as a result of the coronavirus outbreak in the country, the banking and insurance regulator said.

16 Feb Macau casinos to resume operations from Feb 20 after suspension over virus fear

Posted at 09:43h in News by KMFSLLP 0 Comments

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Macau, the world's biggest gambling hub, will allow casinos to resume operations from Feb. 20, after authorities imposed a two-week suspension to curb spreading of the coronavirus, public broadcaster TDM reported on Monday, citing authorities.

16 Feb UPDATE 1-Cathay Pacific flags “significant” drop in H1 profit, capacity cuts due to coronavirus

Posted at 09:33h in News by KMFSLLP 0 Comments

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Cathay Pacific Airways is expecting a significant drop in its first-half results and has also cut capacity due to the coronavirus outbreak, it said on Monday.

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16 Feb UPDATE 1-European shares hit record high; carmakers cheer China stimulus

Posted at 09:26h in News by KMFSLLP 0 Comments

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* Germany's DAX hits record high (Adds comment, updates prices)

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16 Feb Hong Kong stocks hit near 4-week high as China steps up support

Posted at 08:51h in News by KMFSLLP 0 Comments

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* ANTA rallies as shops re-open; Evergrande's online sales jump

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16 Feb Zimbabwe central bank leaves lending rates unchanged as price-growth slows

Posted at 08:51h in News by KMFSLLP 0 Comments

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Zimbabwe's central bank on Monday left its benchmark lending rate unchanged at 35%, citing moderating inflation as the regulator looked to introduce more local currency and limit the flood of foreign tender.

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16 Feb Climate change could make premiums unaffordable – QBE Insurance

Posted at 05:14h in News by KMFSLLP 0 Comments

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Australia's QBE Insurance Group said on Monday climate change could make some premiums unaffordable, especially for customers exposed to extreme weather events, and was a "material risk" for its operations across the globe.