Merkel’s CDU to hold leadership congress in April or May – German broadcaster
German Chancellor Angela Merkel’s Christian Democrats will hold an extraordinary party congress either in April or May to elect a new leader, broadcaster n-tv reported on Monday, citing party sources.
Tens of thousands of Indians pack into stadium to greet Trump
Tens of thousands of people packed into a stadium in western India to welcome U.S. President Donald Trump on Monday as he began his first official visit to the country at a time when relations that have been buffeted by a trade dispute.
Lesotho PM appears in court to hear charges of murdering wife
Lesotho’s Prime Minister Thomas Thabane appeared in court on Monday to hear charges of murdering his estranged wife, a Reuters witness saw.
Fear of coronavirus pandemic grows but China eases curbs as new infections fall
Fears of a coronavirus pandemic grew on Monday after sharp rises in new cases reported in Iran, Italy and South Korea but China relaxed restrictions on movements in several places including Beijing as its rates of new infections eased.
China will raise tolerance for banks’ non-performing loans amid coronavirus outbreak
China will increase the tolerance for non-performing loans (NPL) for local branches of financial institutions and encourage them to write off some bad loans to lower the NPL ratio, an official said on Monday.
WHO says no longer uses ‘pandemic’ category, but virus still emergency
The World Health Organization (WHO) no longer has a process for declaring a pandemic, but the COVID-19 coronavirus outbreak remains an international emergency, a spokesman said on Monday.
China postpones annual meeting of parliament – state TV
China’s top legislative body formally decided to postpone the annual meeting of parliament originally scheduled to start on March 5, state television reported on Monday, amid a coronavirus outbreak that has infected more than 70,000 in the country.
Goldman Sachs pleads not guilty in Malaysia over 1MDB bond sales: state media
Three units of Goldman Sachs pleaded not guilty to charges of misleading investors regarding $6.5 billion in bond sales that the U.S. investment bank helped raise for state fund 1Malaysia Development Berhad (1MDB), Bernama state news agency reported o…
China’s local government finances to suffer ‘interim’ impact due to virus
China’s local governments will suffer an “interim impact” on fiscal revenue and expenditure from the virus epidemic that the country has so far allocated 99.5 billion yuan ($14.16 billion) to fight, a finance ministry official said on Monday.
Malaysian PM Mahathir submits resignation in shock move, leaves government in limbo
Malaysian Prime Minister Mahathir Mohamad has submitted a letter of resignation to the country’s king, his office said on Monday, leaving the government in limbo amid talk of forming a new governing coalition.
