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Medical assistance teams leave hard-hit Hubei as epidemic wanes

The first batch of medical assistance teams started leaving Hubei Province early on Tuesday as the epidemic outbreak in the hard-hit province has been subdued. The 3,6

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Across China: Brick-and-mortar bookstores launch "takeout" service

A total of 72 brick-and-mortar bookstores in Beijing have settled in Meituan Dianping, China's online food delivery platform, and launched "takeout" service to attract

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Across China: Special year for graduating high school students as "Gaokao" gets near

Ma Zhiwei's morning starts at 5:40 a.m. when he begins watching students' video clips of home study in the class WeChat group. Ma is in charge of a graduating class in

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A somber Trump urges Americans to follow virus guidelines

Racing to stall an expected surge of coronavirus cases, the White House released a series of sweeping guidelines that for the next 15 days will temporarily rewrite the

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Spotlight: IMF calls for enhancing coordinated action to cushion economic impact of COVID-19

As the continued spread of COVID-19 has weighed on the global economy and caused market nosedives, International Monetary Fund (IMF) chief Kristalina Georgieva on Monda

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Israel to deploy anti-terrorist tools in monitoring COVID-19 cases

The Israeli government will invoke emergency regulations to speed up the deployment of cyber monitoring in the fight against the new coronavirus, Prime Minister Benjamin Netanyahu said on Monday.T

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Roundup: Wall Street nosedives amid heightened coronavirus fears

Wall Street's major averages finished sharply lower on Monday even after the Federal Reserve's aggressive stimulus measures, as investors grew concerned about recession risk driven by the corona

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Another black Monday as coronavirus response upends Wall Street

The New York Stock Exchange shortly after the opening bell in New York, U.S., March 16, 2020. /Reuters Wall Street suffered its biggest drop since the crash of 1987 on Monday after unprecedent

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Global Business Daily: Airlines ground fleets, stocks dive, fear up

"Youwillseepromptactionagainwhenweneedtotakeit – and thepubliccanbeassuredofthat."This is the first message from Andrew Bailey as Bank of England's new governor, when questioned about what measure th

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The Latest: U.S. equities plunge in escalating coronavirus fears

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, the United States, March 16, 2020. (Photo by Michael Nagle/Xinhua)U.S. major averages fell to their lows with the Dow closi

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All major indices take a hit as COVID-19 pandemic continues

All major indices fell sharply Monday as the COVID-19 pandemic continued its spread, prompting airlines to slash capacity and state and local officials to close schools, businesses like restaurants an

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Daily Crunch: Alphabet’s Verily launches COVID-19 screening site

Alphabet launches a site for COVID-19 test screening, the stock market continues to fall and Microsoft Teams goes down. Here’s your Daily Crunch for March 16, 2020.1. Alphabet’s Verily launches

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Is China a safe haven for global assets?

Last week was deemed as a turbulent period for stock markets worldwide as most of them plummeted to their worst week since 2008.For European stocks, the benchmark STOXX

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Stock markets halted for third time as heavy selling trips circuit breakers due to coronavirus scare

The morning after the Federal Reserve cut its interest rates to near zero at the urging of the President (a move meant to stabilize jittery markets worried about the economic fallout from the global r

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Oil slumps again as coronavirus hits demand and price war bites

Oil fell on Monday as an emergency rate cut by the U.S. Federal Reserve failed to soothe global financial markets panicked by the rapid spread of the coronavirus, while a price war between top produc

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U.S. COVID-19 cases hit over 3,700 as efforts mount to curb spread

The number of COVID-19 cases in the United States has topped 3,774 as of Sunday night, as states and cities have imposed a slew of restrictions to curb the spread of the virus. The Centers for Dise

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Urgent: U.S. stocks plunge after Fed slashes rates to near zero

U.S. stocks opened sharply lower on Monday even after the Federal Reserve cut its benchmark interest rate to just above zero and unveiled a huge program of bond-buying amid coronavirus fallout. The S