Asian stocks sink after Wall St losses on economy worries

Asian stocks sink after Wall St losses on economy worries

BEIJING  — Asian stock markets followed Wall Street lower Friday on worries economic recoveries might fade as coronavirus cases increase in the United States and some other countries. A man walks past an electronic board showing Japan’s Nikkei 225 index and currency exchange rate at a securities firm in Tokyo Friday, July 10, 2020. Asian […]
Thai low-cost airline NokScoot shuts down amid losses

Thai low-cost airline NokScoot shuts down amid losses

Flight crew walks past a giant poster of NokScoot office at Don Muang airport in Bangkok, Thailand, Saturday, June 27, 2020. Thailand’s low-cost carrier NokScoot, which is partly owned by Singapore Airlines, said its board of directors decided to liquidate the company...
PAL losses widened to P9.4B in 1st quarter

PAL losses widened to P9.4B in 1st quarter

The listed operator of Philippine Airlines (PAL) posted a P9.4-billion loss in the first quarter of 2020, reflecting the stagge­ring impact the new coronavirus disease (COVID-19) pandemic has unleashed on the aviation sector. Taipan Lucio Tan’s PAL Holdings Inc. said...