South Korea cuts key rate to record low 0.5% to fight COVID-19 hit

South Korea cuts key rate to record low 0.5% to fight COVID-19 hit

SEOUL — The Bank of Korea cut its key interest rate to a record low 0.5% on Thursday in a bid to cushion economic damage from the coronavirus pandemic. Underscoring the scope of that hit, the central bank also forecast that gross domestic product will contract...
Dengue complicates Southeast Asia’s coronavirus fight

Dengue complicates Southeast Asia’s coronavirus fight

JAKARTA — Southeast Asian countries are bracing for possible outbreaks of infectious diseases that show symptoms similar to those of the novel coronavirus ahead of the rainy season. Treatments for these seasonal infections are very different from those for...
South Korea harnesses tech prowess in coronavirus fight

South Korea harnesses tech prowess in coronavirus fight

SEOUL — If any country in the world was prepared to deal with the consequences of a socially distanced world, it was probably South Korea. A big part of that preparedness comes down to having one of the world’s most advanced internet infrastructures. Last...
China and US to fight for tech primacy, not war: Tsinghua expert

China and US to fight for tech primacy, not war: Tsinghua expert

The Covid-19 pandemic will intensify technological competition between China and the U.S., shifting their rivalry from a traditional geopolitical tussle to one for tech supremacy, a prominent Chinese international relations expert said. Yan Xuetong, dean of the...