European stock markets and oil prices fell Monday as a spat between top U.S. officials and China over the origin of the coronavirus fuelled fears of a new trade war, derailing a rebound in global markets.
Equity benchmark indices traded lower during early hours on September 22 while Asian markets opened weak after the sharp pullback overnight in US stocks. At 10:15 am, the BSE S-P Sensex was down by 301 points or 0.79 per cent at 37,733 while the Nifty 50 moved lower by 66 points or 0.59 per cent at 11,184. All sectoral indices at the National Stock Exchange were in the negative terrain with Nifty realty dipping by 4.6 per cent, PSU bank by 3.2 per cent, metal by 2.9 per cent and auto by 2.3 per cent. Among stocks, energy major GAIL was the top loser after sliding 4.9 per cent to Rs 83.85 per share. Adani Ports fell by 4.5 per cent and Tata Motors by 4 per cent. Tata Steel, Hindalco, ONGC, Bajaj Finance, Zee Entertainment and Bharti Infratel too traded lower by over 3 per cent. However, Tata Consultancy Services and ICICI Bank were in the green with thin margins. Meanwhile, Asian markets opened weak even after the sharp pullback overnight in US stocks. Investor sentiment took a hit with possible delays in expanded US stimulus. The undertone remained cautious as Europe sees some countries lockdown for the second time as COVID-19 cases jump which could hurt economic activity. Hong Kong shares of HSBC and Standard Chartered fell more than 2 per cent each as global banking stocks remained under intense pressure on reports about financial institutions allegedly moving illicit funds. MSCI's broadest index of Asia Pacific shares outside Japan was down by 0.5 per cent. Hong Kong's Hang Seng index was down by 0.5 per cent while Japanese markets were closed for a public holiday.
Equity benchmark indices traded higher on the first day of September futures and options series with banking and financials contributing significantly to the gains. The BSE S and P Sensex closed 354 points or 0.9 per cent higher at 39,467 while the Nifty 50 gained by 96 points or 0.83 per cent at 11,655. Except for Nifty auto, FMCG and metal, all sectoral indices at the National Stock Exchange were in the green with Nifty PSU bank gaining by 4.9 per cent, private bank by 4.5 per cent and financial service by 2.1 per cent. IndusInd Bank jumped by 12 per cent to close at Rs 679.05 per share while Axis Bank moved up by 7.9 per cent, ICICI Bank by 4.4 per cent and Kotak Mahindra Bank by 3.7 per cent.Punjab National Bank was up by 5.6 per cent at Rs 37.30 per share while State Bank of India gained by 4.5 per cent to Rs 225.40. The other major gainers were UPL, Sun Pharma, Adani Ports, Grasim and Bharti Infratel.However, JSW Steel, Hero MotoCorp, Tata Motors, HDFC Life, Infosys, Dr Reddy's and Hindustan Lever traded with a negative bias. Meanwhile, Asian shares were mixed as investors pondered over the US Federal Reserve's new strategy to adopt an average inflation target and restore the United States to full employment in the fight to contain coronavirus pandemic. Japanese shares dropped with the Nikkei down 1.41 per cent as Prime Minister Shinzo Abe resigned because of a chronic health condition, saying he will stay on until a new leader is appointed.But Hong Kong's Hang Seng rose by 0.56 per cent and South Korea's Kospi ticked up by 0.4 per cent.
Union Health and Family Welfare Minister Dr Harsh Vardhan released a booklet-'COVID-19 -Safe workplace Guidelines for Industry' through video conferencing on September 29. It details the structural and administrative measures that can be used to control the spread of COVID-19 at workplaces.
This is the largest urban farming green roof in Asia. It is the work of Bangkok-based landscape architecture firm Landprocess along with a team of engineers and designers. The landscape architect helped Thammasat University envision and implement a climate solution with Asia’s largest organic rooftop farm—Thammasat Urban Rooftop Farm (TURF). Repurposing 236,806 sq. ft. of wasted rooftop space, the design integrates modern landscape architecture with the agricultural ingenuity of traditional rice terraces.
Credit: Cover Video STUDIO Duration: 00:49Published
A method for fast, cheap, yet accurate testing for COVID-19 infection has been developed by a team of researchers. The method simplifies and frees the testing from expensive reaction steps, enabling upscaling of the diagnostics. This makes the method particularly attractive for places and situations with limited resources. It is equally interesting for repeated testing and for moving resources from expensive diagnostics to other parts of the care chain. The study led by researchers at the Karolinska Institutet was published in the journal Nature Communications."We started working on the issue of developing a readily available testing method as soon as we saw the developments in Asia and southern Europe, and before the situation reached crisis point in Sweden," says principal investigator Bjorn Reinius, research leader at the Department of Medical Biochemistry and Biophysics at Karolinska Institutet. "Our method was effectively finished already by the end of April, and we then made all the data freely available online."The spread of the new coronavirus at the end of 2019 in China's Wuhan region quickly escalated into a global pandemic. The relatively high transmission rate and a large number of asymptomatic infections led to a huge, worldwide need for fast, affordable, and effective diagnostic tests that could be performed in clinical as well as non-clinical settings.
Qantas Airways said a seven-hour scenic flight over Australia's Outback and Great Barrier Reef had sold out in 10 minutes, as it joined a growing trend in Asia offering sightseeing "flights to nowhere" that take off and land at the same airport. Francis Maguire reports.
Despite the popularity of the far right Alternative for Germany in the region, the east German town of Neuruppin has said it is keen to welcome migrants to move to and settle in the town. View on euronews
Credit: euronews (in English) Duration: 01:25Published
Over one million people have now died from coronavirus worldwide. This milestone comes almost nine months after the first Covid-19 death was recorded in Wuhan, China. Data captured by Johns Hopkins University shows that the USA, Brazil and India make up for nearly half the global coronavirus deaths. Report by Thomasl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Sept. 22 (UPI) -- COVID-19 causes acute kidney injury that can lead to death in some people infected with the virus, a study published Tuesday by the Clinical Journal of the American Society of Nephrology found. In an analysis of nearly 1,400 patients with the new coronavirus in Wuhan, where the pandemic began, 7% of those who required hospital care developed acute kidney injury, the data showed. Advertisement Of those who experienced this complication, 72% died of COVID-19, the researchers said. Among those without kidney damage, 10% died from the virus.
Recovery rate of Nepal's COVID-19 infected patients stood at around 56 percent in an early fortnight of August, while towards the end of the month, it has dipped down to 54, increasing worries and panic for health workers and government. Fatalities attributed to deadly virus crossed 100 mark in mid-August. As month marches to end, it doubled with 14 deaths on Sunday taking the number to 221. It was the month of (mid) May, the Himalayan Nation, buffered in between India and China had recorded its first fatality due to Corona Virus. Nepal recorded a single-day rise of 1221 cases with 14 more fatalities to deadly virus taking toll of infected to 38,561 while a number of recovered ones stands at 20, 822. Till Sunday, a total of 144 Corona infected patients are kept in the Intensive Care Unit whereas 17 are in ventilator throughout the nation. Though some patients underwent Plasma Therapy, 20 of them only have recovered fully till last week, the Health Ministry data showed. With the swift rise in COVID-19 cases, doctors along with other medical workers working on the frontline of the pandemic are facing increased pressure. More than 50 doctors were reported to be infected while working on the front line treating patients whose coronavirus test was not done before being admitted or brought to the hospital. Falling short of beds for COVID-19 infected patients with a decreased rate of recovery, the Government under the leadership of KP Sharma Oli has added up beds in hospitals around nation. In the month of January, Nepal was the first nation in South Asia to confirm the infection in a Wuhan returnee Nepali citizen.
The US intelligence community has not yet been able to tap into all sources of information on the origins of the novel coronavirus COVID-19. However, CNN reports intelligence officials say officials in Wuhan, China, kept the top brass in Beijing none the wiser for weeks. US intelligence reports say that when the Chinese Communist Party learned about the virus, it tried to keep most of that knowledge from the rest of the world.
The United States appears to be getting on China's very last nerve. That is, if the remarks made by China's Ambassador to the United Nations on Thursday truly reflects Beijing's sentiments. According to CNN, at a tense meeting of the UN Security Council, Zhang Jun said Thursday that the US has 'created enough troubles for the world already.' Zhang Jun's comments was a retort to US Representative to the UN Kelly Craft, who accused China of hiding the virus's origin and minimizing its danger.
A protest was organised against China outside the United Nations office in Geneva, Switzerland. The 3-day long demonstration, consisting of a photo exhibition, was organised by a group called the World Uyghur Congress. It was titled 'Made In China = Uyghur Forced Labour'. The protestors accused the Chinese government of forcing the Uyghurs, a Muslim minority group in the country's northwest Xinjiang province, into forced labour and even attempting a genocide. Beijing has allegedly been trying to stamp out the community's religious and cultural identity in order to assimilate it more fully into the majority Han Chinese community. Dolkun Isa, president of the World Uyghur Congress, sought international pressure on China to stop the Uyghurs' persecution and boycott by international companies to prevent forced labour. Watch the full video for more.
Credit: HT Digital Content Duration: 02:14Published