Positive tests for COVID-19, hub city issues, and more NHL return stories: Dallas, Pittsburgh ruled out as hub cities; list of options down to six. Auston Matthews reportedly tests positive, NHL announces 11 players overall. Lightning players, staff test positive for COVID-19, pausing Phase 2. Less than a week later, the Bolts returned to Phase 2. — … [Read more...] about Reports: Edmonton, Toronto more likely NHL hub city options than Vancouver
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* Graphic: Foreign flows into Asian stocks tmsnrt.rs/3f2vwbA * Surge in COVID-19 cases in the Philippines * Malaysian interest rates likely to be cut on Tuesday - Reuters Poll By Nikhil Nainan July 6 (Reuters) - Philippine shares weakened on Monday, failing to catch a broader regional rally as a surge in new coronavirus cases in the Southeast Asian country sowed fears of fresh economic restrictions. Stocks and currencies across Asia's emerging and developed markets were broadly higher, led by a 4% surge for China's main index that traders said was driven by the easy money still flooding the global financial system. Sunday, however, saw the biggest one-day jump yet in COVID-19 cases in the Philippines, crossing 2,000 a day for the first time and sending stocks there down 0.5%. The health ministry attributed the increase to more people coming in contact with one another as some restrictions ease. "The possibility of localised lock downs and likely pullback in economic activity due to … [Read more...] about EMERGING MARKETS-Philippines bucks Asia rally as new infections surge
* Graphic: Foreign flows into Asian stocks tmsnrt.rs/3f2vwbA * Indonesia's central bank cuts interest rates by 25 bps, as expected * BI says further easing possible but will keep rupiah stability in mind * Second-wave fears continue to rattle markets By Nikhil Nainan June 18 (Reuters) - Indonesia's rupiah gained on Thursday after the central bank cut interest rates as widely expected, signalling it may ease further but would keep the currency's stability in mind. Bank Indonesia (BI) cut rates by 25 basis points for the third time this year, stopping short of a more aggressive move that might have weakened the currency. It signalled it may still ease further but would prioritise the currency's stability. The rupiah strengthened as much 0.4% against the dollar after the decision, having trailed broader gains in other Asian currencies earlier in the day. "Unlike in May, BI now seems more confident of not spooking the rupiah market with a rate cut," said Julian Wee, an investment … [Read more...] about EMERGING MARKETS-Indonesia’ rupiah firms as central bank sticks to expectations
Q I hope you might be able to provide some insight for me as I begin my (optimistic) search for a first property. I’m 26 years old and single and a couple of years ago, I received a £150,000 inheritance. I have sat on it since then but have finally come to the decision to buy a one-bedroom flat in London. I was renting until a month ago but am now back living with parents to give me a chance to save enough money for legal costs and furniture while I navigate my options. … [Read more...] about I’m a first-time buyer – do I earn enough to get a mortgage?
This pandemic and the consequent lockdown have forced the legal profession into overnight digitisation. For the first time in the history of the profession, the Apex Court of India and other subordinate courts are hearing matters virtually, due to social distancing norms. In fact, the Supreme Court of India is pushing for an e-filing system, which will radically change the filing processes for lawyers. With e-filing becoming a reality, they will be able to file matters at their convenience from any location. … [Read more...] about Virtual methods of real-time justice