Gold hits record high on haven demand as markets rally sputters
HONG KONG: Gold hit a record high Monday as investors rushed into the safe-haven on concerns about China-US tensions, a spike in virus infections around the world and a lack of progress on a new stimulus Bill in Washington. After months of healthy rallies across equity markets — fuelled by trillions of dollars in government […]
Churches may suspend Mass
KUCHING: The Catholic church have decided to further reduce by half, the number of parishioners allowed to pray in churches, in view of the rising number of Covid-19 cases in Kuching and Samarahan. Roman Catholic Archbishop of Kuching Simon Poh said he has also issued a memo to all churches under the Kuching archdiocese […]
Norway reimposes quarantine for Spain travellers, but not Tom Cruise
OSLO: Norway on Friday reimposed quarantine on arrivals from Spain over a spike in virus cases, but also said such restrictions would not apply to the team behind the latest “Mission: Impossible” blockbuster. Star Tom Cruise and the rest of the crew will be allowed to enter the country in the autumn to film scenes […]
Asian markets swing as new virus cases temper reopening hopes
HONG KONG: Asian markets fluctuated Monday as investors kept a nervous eye on a spike in virus infections around the world, while Europe pressed ahead with the easing of lockdown measures. A wall of cash from governments and central banks around the world also continues to provide much-needed support, though observers say an equities rally […]
