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Usain Bolt's former coach calls on IOC to postpone Tokyo Olympics

Saturday, March 21, 2020, 11:09 AM

Usain Bolt's former coach calls on IOC to postpone Tokyo Olympics

Usain Bolt's long-time coach called for this year's Tokyo Olympics to be put-off until 2021 as the Covid-19 Coronavirus continues to claim lives around the world. "My recommendation would be to postpone the Olympics until next-year," Jamaican sprint-coach Glen Mills told Reuters in a telephone-interview. The IOC and Tokyo organisers have maintained that the Games should go ahead as scheduled to start on July-24.

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Japan drug showing 'favourable' results: China

Thursday, March 19, 2020, 2:59 PM

Japan drug showing 'favourable' results: China

China's National Centre for Biotechnology development claimed that the drug Favipiravir, developed almost 25 years back, showed 'favourable' results in treating Covid-19 in a clinical trial of 340 patients. Favipiravir is a drug molecule that was developed by Japanese drug maker Fujifilm and patented in 1995. The company plans to select the top two antibodies for a cocktail treatment targeting the SARSCoV-2 spike protein.

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Japan unveils $4 billion coronavirus package, not yet eyeing extra budget

Tuesday, March 10, 2020, 5:20 PM

Japan unveils $4 billion coronavirus package, not yet eyeing extra budget

Japan unveiled on March 10 a second package of measures worth about $4 billion in spending to cope with the fallout of the coronavirus outbreak, focusing on support to small and mid-sized firms, as concerns mount about risks to the fragile economy. The move is likely to affect what the Bank of Japan decides at its March 18-19 policy review.

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IOC stands firm on Tokyo Games despite coronavirus concerns

Wednesday, March 4, 2020, 10:13 AM

IOC stands firm on Tokyo Games despite coronavirus concerns

The IOC gave further unequivocal backing to this summer's Tokyo-Olympics, urging athletes to prepare "full steam" despite the coronavirus threat. "We are preparing for a successful Olympic-Games, Tokyo 2020," IOC head Thomas Bach said at an executive board-meeting to discuss the July 24-Aug. 9 sporting extravaganza. Tokyo Games organizers are due to deliver a report via video conference to the executive board on Wednesday.

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Wednesday, February 26, 2020, 9:11 AM

"Where's Abe?" critics ask, as coronavirus spreads in Japan

Shinzo Abe, 65, Japan's longest serving prime-minister, has failed to take the helm as the public face of the response to the virus, critics say, leaving the task largely to his health-minister. Now doubts about Abe's leadership threaten to erode already sagging public support, with a newspaper survey at the weekend showing disapproval for his administration outweighing approval for the first-time since July 2018.

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China reports fewer coronavirus cases outside epicenter, cases surge in South Korea

Sunday, February 23, 2020, 3:15 PM

China reports fewer coronavirus cases outside epicenter, cases surge in South Korea

China reported another fall in new-coronavirus-infections outside of its epicenter but world-health-officials warned it was too early to make predictions about the outbreak as new cases and fears of contagion increased elsewhere. China's health commission confirmed 648 new-infections higher than a day earlier but only 18 were outside of Hubei province, the lowest number outside of the epicenter since authorities started publishing data a-month-ago.

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Coronavirus fears create ghost town in South Korea after church 'super-spreader'

Friday, February 21, 2020, 8:25 AM

Coronavirus fears create ghost town in South Korea after church 'super-spreader'

The streets of South-Korea's fourth-largest-city were abandoned with residents holed-up indoors after dozens of people caught the new coronavirus in what authorities described as a "super-spreading event" at a church. The deserted shopping malls and cinemas of Daegu, a city of 2.5-million-people, became one of the most striking images outside China of an outbreak that international-authorities are trying stop from becoming a global pandemic.

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SoftBank-backed South Korean ride-hailer Tada gets rare win amid crackdown

Wednesday, February 19, 2020, 12:51 PM

SoftBank-backed South Korean ride-hailer Tada gets rare win amid crackdown

South Korea's ride-hailing service Tada, a smash hit since its launch just over a-year-ago, was cleared of transport law violations in court on Wednesday, a rare victory in a market that has been particularly unkind to ride-hailing companies. Since starting up in late 2018, Tada has won 1.7-million users as it capitalised on growing demand and the funding muscle of its Japanese-backer SoftBank-Group Corp.

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Stocks slide on Apple's virus warning, euro near three-year low

Wednesday, February 19, 2020, 8:16 AM

Stocks slide on Apple's virus warning, euro near three-year low

Gold rose and global equity markets slid after Apple Inc said it was unlikely to meet its sales guidance because of the coronavirus outbreak in China, a warning highlighting the epidemic's threat to global-growth and corporate profits. Apple said on Monday that manufacturing facilities in China that produce its iPhone and other electronics had begun to reopen, but were ramping up slower than expected.

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India overtakes UK & France to become 5th largest world economy, says report

Tuesday, February 18, 2020, 2:15 PM

India overtakes UK & France to become 5th largest world economy, says report

India has emerged as the fifth-largest world economy in 2019, overtaking the UK and France, as per a report by US-based think tank World Population Review. "India's economy is the fifth-largest in the world with a gross domestic product (GDP) of $2.94 trillion, overtaking the UK and France in 2019 to take the fifth spot," it said.

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