Beijing warns of countermeasures to latest U.S. restrictions on Huawei

China warns of retaliatory measures as Washington is reportedly reviewing new rules aimed at restricting the sales of U.S.-made chips to Chinese tech giant Huawei. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Website: https://www.cgtn.com/ Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: … Read more Beijing warns of countermeasures to latest U.S. restrictions on Huawei

Virus Drives Down Auto Sales For GM and Fiat

Apr.01 — General Motors Co. and Fiat Chrysler Automobiles NV gave an early glimpse of the damage a global pandemic has done to their U.S. sales, reporting deliveries that fell short of analysts’ estimates. Jessica Caldwell, executive director of insights for market researcher Edmunds, joins “Bloomberg Markets.”

Stock markets continue slide after worst quarter since 2008

European stock markets have started the month in the red, after global shares had their worst three months since the financial crisis. The massive sell-off began around six weeks ago as investors tried to adapt to the coronavirus pandemic. As we enter a new quarter, there is no sign of improvement – stocks in Europe … Read more Stock markets continue slide after worst quarter since 2008

Japan Data Weakness Expected in Months Ahead: Economist Says

Mar.30 — Jessie Lu, economist at Continuum Economics, examines the health of Japan’s economy. Factory production showed some resilience in February before the coronavirus began to hammer global supply chains, squeeze demand and push the economy toward recession. Retail sales unexpectedly increased, but spending was supported by food stockpiling and virus-related outlays. The jobless rate held at 2.4%. … Read more Japan Data Weakness Expected in Months Ahead: Economist Says

Treasurer Josh Frydenberg explains the $130 billion wage subsidy plan | 7.30

Australia has now joined New Zealand, Canada and the UK in directly subsidising wages to soften the economic blow of coronavirus. Leigh Sales interviews Treasurer Josh Frydenberg about the Government’s $130 billion wage subsidy plan. For more from ABC News, click here: https://ab.co/2kxYCZY You can watch more ABC News content on iview: https://ab.co/2OB7Mk1 Subscribe to … Read more Treasurer Josh Frydenberg explains the $130 billion wage subsidy plan | 7.30

‘Lockdown means lockdown’ | SA police fire rubber bullets to enforce rules

Police were filmed using heavy-handed tactics to enforce the 21-day national lockdown in Johannesburg on Sunday. Footage filmed in the Hillbrow area of the city highlights scores of police descending on crowded areas and enforcing social distancing aggressively. “Lockdown means lockdown,” yells one policeman as he throws a pair of women into the back of … Read more ‘Lockdown means lockdown’ | SA police fire rubber bullets to enforce rules

Fisheries along the Yellow River resume business in north China

The city of Yongji in northern China’s Shanxi Province has over 6 million square meters of fishponds, producing 20,000 tons of fish a year. The COVID-19 outbreak had made the purchase of fish food difficult for farmers and reduced fish sales by around 80 percent. But as the outbreak has come under control, the local … Read more Fisheries along the Yellow River resume business in north China

Risk of Global Recession How bad How fast

We’re in the midst of an unprecedented global collapse in industrial production, retail sales, business confidence and investment with rising coronavirus infections and death tolls. While more efforts are devoted to containing the virus, central banks and governments have carried stimulus policies to shore up economies against the pandemic. Will the world economy go into … Read more Risk of Global Recession How bad How fast

Coronavirus triggers panic-buying of guns in US

The coronavirus pandemic is sinking economies around the globe, including the United States, where nonessential businesses are closing in several states. But some businesses, including guns, grocery stores, delivery services and pizza shops are seeing a boom in sales. Al Jazeera’s John Hendren reports from Chicago. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us … Read more Coronavirus triggers panic-buying of guns in US