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On Friday the World Health Organization said that Europe has now become the epicentre of a coronavirus pandemic that has claimed 5,000 lives around the world, “a tragic milestone”. More than 132,000 cases of the virus have been reported in 123 countries since it emerged in December in the central Chinese city of Wuhan, WHO director-general Tedros Adhanom Ghebreyesus told a virtual news conference.
Read moreEurope is epicentre of coronavirus pandemic: World Health Organisation
United States President Donald Trump continued to speak optimistically about the possibility of a deal to end the U.S. trade war with China, telling reporters on Monday that the trade deal is coming along great.
Read moreDonald Trump says Trade Deal with China is Coming Along Great
Pusarla Sindhu won India’s first-ever title at the world badminton championships when she comfortably beat Japan’s Nozomi Okuhara 21-7 21-7 to win the women’s singles in Basel on Sunday.
Foreign direct investment (FDI) into the Chinese mainland expanded 5.5 percent year on year to reach 147.11 billion yuan (about 21.69 billion U.S. dollars) in the first two months, the Ministry of Commerce (MOC) announced Friday.
The world’s second largest economy china sells more to the world than it buys from it can seem like an immutable feature of the economic landscape. Every year for a quarter of a century China has run a current-account surplus (roughly speaking, the sum of its trade balance and net income from foreign investments).
Read moreChina May Soon Run its First Annual Current-Account Deficit in Decades
On Monday Chinese stocks hit their highest level since June, a day before the country’s annual political summit begins and as a trade deal with the US was reported to be close.The Shanghai Composite gained 0.73 per cent at the open, or 21.93 points, to 3,015.94, breaking the 3,000 resistance level it last breached in June, back when the trade war really started heating up.
Read moreChina Stocks Keep on Climbing, Breaking Through Resistance Level of 3,000
Indian Spinner R Ashwin removed opening batsman Aaron Finch in the last over before tea to leave Australia 28 for one in pursuit of 323 for victory on day four of the first test on Sunday.
Read moreAustralia Four Down in Chase of 323 at Stumps on Day 4