Daily Archives: May 7, 2020

Global Markets Mixed on Thursday

Global markets were mixed Thursday, with Asian indexes struggling despite good economic news from China. Japan’s Nikkei index closed 0.2 percent higher, while the TSEC 50 in Taipei finished 0.6 percent higher.  The indexes in Hong Kong, Shanghai and Sydney were all in negative territory, with investors apparently unmoved by Beijing’s announcement that exports rose

Philippine TV News Giant Petitions Supreme Court to Resume Operations

A leading television and radio network in the Philippines has asked the country’s Supreme Court to allow it to resume broadcasting after the government ordered it to cease operations, sparking accusations the move was an assault on independent media.   ABS-CBN Corp. told the court that Tuesday’s shutdown order has stifled press freedom at a

Not China’s Cup of Tea: New Online Pan-Asia Alliance Emerges From Thai-Chinese Meme War

WASHINGTON – A Twitter war with Chinese nationalists has forged a new online alliance among social media users in Hong Kong, Taiwan and Thailand, highlighting public solidarity among some pro-democracy movements in Asia. The new “Milk Tea Alliance” got its name from the similarities among Taiwanese bubble tea, Hong Kong milk tea and Thai iced

N Korea Calls Recent S Korean Military Drills ‘Reckless Move,’ KCNA Reports

SEOUL, SOUTH KOREA – North Korea lashed out at South Korea over recent military drills, while leader Kim Jong Un sent a personal message to China’s Xi Jinping to congratulate him on that country’s success in controlling the coronavirus, state media KCNA reported on Friday. A North Korean military representative said on Friday that recent

China, Singapore Join Hands To Confront Challenges Amid COVID-19 Outbreak

SINGAPORE, As the COVID-19 outbreak continued to pose grave challenges to many parts of the world, China and Singapore have been working closely together in the battle against the deadly virus. On Tuesday, the Chinese government and the Red Cross Society of China donated 620,000 face masks to assist in the Singapore government’s efforts to

Bombardier Reports First Quarter 2020 Financial Results and Measures Taken in Response to COVID-19 Pandemic

Consolidated revenues of $3.7 billion, increasing by 5% year-over-year; consolidated adjusted EBIT(1) of $60 million, down 65% year-over-year, $156 million of reported EBIT; free cash flow usage(1) of $1.6 billion; operating cash flow usage of $1.5 billion Cash on hand of $2.1 billion, including a $386 million equity injection in Transportation in the quarter by Caisse de

TeraRecon Announces Emergency Lung AI Suite and Intuition Upgrade

DURHAM, N.C., May 07, 2020 (GLOBE NEWSWIRE) — Advanced visualization and artificial intelligence leader TeraRecon today announced the release of two new lung density analysis solutions for the assessment and necessary follow-up care of COVID-19 patients.  These solutions, the Lung Density Analysis II (LDA-II) workflow for Intuition and the Emergency Lung AI Suite, provide two