Page 18 - Eric Cheung News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Some big risks to investors have been hiding in plain sight Getty Images For months, it’s been clear that snarled supply chains could hold back the post-pandemic recovery and trigger worrisome inflation. Now, that fear is once again coming to the fore, sparking a global sell-off in tech stocks that looks poised to continue on Tuesday. What’s happening: Nasdaq Composite futures are down sharply in premarket trading. The tech-heavy index tumbled 2.6% on Monday. In Hong Kong, shares of tech giants Baidu and Alibaba dropped 3.5% on Tuesday, while delivery company Meituan’s stock plunged mor...

Timeline: Two Months of Turmoil at Hong Kong Public Broadcaster RTHK Posted by John Chan | May 3, 2021 Over the weekend, the embattled Hong Kong public broadcaster Radio Television Hong Kong (RTHK) announced that it would begin deleting its own programming from the internet, including all content over a year old. It is a chilling move by the broadcaster, which has been embroiled in turmoil following a change of management with the appointment of civil servant Patrick Li as its Director of Broadcasting in February. On Monday, the broadcaster also formally fired Nabela Qoser, an outspoken RTHK ...

The first US plane carrying shipments of Covid-19 aid to India landed in Delhi this morning.

India Covid-19 ICU chief: "What we are seeing is nothing short of an apocalypse" From CNN's Adrienne Vogt An intensive care unit chief in India said the devastating coronavirus wave in the country is “nothing short of an apocalypse.”  “We've had patients being rushed in, almost wards getting filled up overnight, 90 patients in less than 12 hours. The problem with this virus is the second wave is extremely contagious, extremely aggressive, and it is affecting the younger population in a significantly different way that we had not expected,” said Dr. Farah Husain, head of the ...

Japan reports highest number of Covid-19 cases since late January From Chie Kobayashi in Tokyo and Eric Cheung in Hong Kong Pedestrians are seen at Shibuya crossing in Tokyo, Japan, on April 29. Yuichi Yamazaki/Getty Images Japan reported 5,795 Covid-19 cases Thursday, the highest number of cases since late January, according to the country's Ministry of Health, Labor and Welfare. Osaka, the second largest city in Japan, reported 44 new deaths, the most deaths in a single day for the area since the beginning of the pandemic, local authorities said. Up to 98.2% of hospital beds for patients wi...