(Bloomberg) — A narrow waterway off Singapore has become even more congested as oil-laden tankers wait out a slump in global fuel consumption that’s crimped demand and boosted the use of ships to store cargoes.About 60 clean fuel tankers are currently anchored along the busy strait, up from the usual 30-40 ships, according to Rahul […]

Apr.27 — The Japanese government is weighing the need to extend the state of emergency beyond early May, according to local reports. Meanwhile, Singapore is emerging with the region’s highest number of coronavirus cases after China and India, the world’s two most populous countries. Selina Wang reports on “Bloomberg Markets: Asia.”

(Bloomberg) — Russia reported the most new cases since April 19 and Germany had its worst day in nearly a week, after Chancellor Angela Merkel said the country is “far from being out of the woods.” New cases in Singapore dropped below 1,000 for the first time in five days.Europe’s leaders inched toward an agreement […]

Singapore appeared to contain its outbreak until a cluster of new infections in poorly-kept migrant dorms forced the country to clamp down harder.

India and Singapore announced their biggest single-day spikes in new coronavirus cases on Monday, as the crisis intensifies in parts of Asia. India’s spike came after the government eased one of the world’s strictest lockdowns to allow some manufacturing and agricultural activity to resume. An additional 1,553 cases were reported over 24 hours in India, […]

Singapore has suspended the use of video-conferencing tool Zoom by teachers, its education ministry said on Friday, after “very serious incidents” occurred in the first week of a coronavirus lockdown that has seen schools move to home-based learning. One of the incidents involved obscene images appearing on screens and strange men making lewd comments during […]

(Bloomberg) — Global cases of the coronavirus topped 1.5 million, less than a week after surpassing the 1-million mark. New York, the U.K. and Belgium reported their deadliest days so far. Singapore announced its largest daily increase.The crisis will escalate if countries don’t start showing more solidarity, the head of the World Health Organization said, […]

Singapore’s usually bustling business district was almost deserted Tuesday as most workplaces in the city-state closed to stem the spread of the coronavirus after a surge in cases. Authorities previously resisted the kind of draconian measures seen in worse-hit countries — but have now ordered the closure of all businesses deemed non-essential as well as […]

(Bloomberg) — Singapore Airlines Ltd. plunged after saying it would issue new shares and bonds in an effort to raise about S$8.8 billion ($6.2 billion) to contend with the devastating impact of the coronavirus pandemic. State investor Temasek Holdings Pte., the carrier’s biggest shareholder, said it would back the resolutions.The airline’s shares slid as much […]

(Bloomberg) — The coronavirus-wrecked equity markets of China, Singapore and Australia can now provide shelter from the outbreak, according to Morgan Stanley.The investment bank upgraded stocks of the three nations in its model allocation for Asia Pacific and emerging markets on Sunday, citing expectations of further policy stimulus amid the widening public health emergency and […]