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
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.
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.
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.