State Department orders China to close consulate in Houston — China vows retaliation
The move is an escalation of political tensions between the world's two largest economies.
CNBC Asia
Mainland Chinese stocks rise; gold prices soar after $2 trillion Europe stimulus package
Gold prices soared to a nine-year high after European Union leaders reached an unprecedented $2 trillion stimulus package.
Thailand is losing key economic ministers as country tries to recover from coronavirus-induced slump
Six ministers have resigned from the Thai government, including Finance Minister Uttama Savanayana and Deputy Prime Minister Somkid Jatusripitak, whom a Reuters report referred to as an "economic policy czar."
Analysts warn of 'double edged sword' in China market rally as investors indulge in frenzied, risky trading
China's recent stock market rally is raising fears that it's being driven by retail investors indulging in leverage-fueled risky trading which caused a spectacular crash back in 2015.
New York Gov. Cuomo says state has suspended 27 liquor licenses for violations of social distancing rules
"I'm sorry it's come to this, but it's a dangerous situation, and I've said it many, many times," Cuomo said during a press conference call.
Asia trades higher with investor sentiment supported by positive vaccine news
Investor sentiment was supported by a slew of positive news on the coronavirus vaccine front — the virus has infected more than 14 million people worldwide since late last year.
HHS unveils new coronavirus hospitalization database, says it's more complete than CDC's
"We realize this is a change and anytime there is a change it obviously creates a little bit of tension," Jose Arrieta, HHS' chief information officer, said Monday, "maybe a little bit of pain to transition."
WHO applauds Oxford coronavirus vaccine data: 'It is good news'
But a top WHO official said "there is a long way to go."
Watch live: World Health Organization briefs public on the coronavirus outbreak as pandemic spreads
'We need to close down' — Florida reports more than 10,000 new virus cases for fifth day
Over the past seven days, the median age of newly infected people in Florida was above 40, according to the state's health department.
New York Gov. Cuomo says crowds of young people at bars are 'a threat' to the state's reopening
New York Gov. Andrew Cuomo said if local authorities don't ramp up their enforcement and people don't stop crowding, he could roll back the state's reopening and close bars and restaurants.
Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak
New York Gov. Andrew Cuomo is holding a news conference Monday as every region of the state moves forward with the final phase of reopening,
Mainland Chinese stocks surge, with Shanghai jumping more than 3% as China keeps benchmark lending rate unchanged
China kept both its one-year and five-year loan prime rate unchanged as its economy continued to recover after reopening following the coronavirus crisis.
'There is no alternative,' S&P says governments must spend to support coronavirus-hit economy
Some countries, including the U.S., have shown "a degree of fiscal fatigue" and are considering rolling back some of the stimulus, said Shaun Roache, chief economist for Asia Pacific at S&P Global Ratings.
CEO of major Asian bank says 'a big, big challenge' is looming for the global economy
Piyush Gupta, CEO of Singaporean bank DBS, said many businesses may not survive when governments roll back measures that are currently keeping them afloat.
China's property market is rebounding from the coronavirus crisis, but some warn it may overheat
Housing sales in the country plummeted at the outset of the pandemic as China's economy shut down. But official data pointed to a recovery in transactions as the country reopened.
Australia braces for impact ahead of its first economic update since the coronavirus outbreak
"The coronavirus crisis has hit our economy hard, and it's hit our budget hard," Australia's Finance Minister Mathias Cormann told CNBC Sunday.
Gov. Cuomo clears New York City to enter next phase of reopening, but with restrictions
New York City has been cleared to enter the next phase of reopening on Monday, but indoor restaurants, bars, museums and malls will remain closed, Gov. Andrew Cuomo said Friday.
Fauci says U.S. needs to 'get better control' of the coronavirus to reopen without outbreaks
Dr. Anthony Fauci said Friday that the coronavirus has hit the U.S. "very severely" and that the country needs "to get better control over things" in order to reopen the economy and head toward normality.
San Francisco mayor pauses reopening indefinitely as coronavirus cases climb
San Francisco Mayor London Breed announced Friday that the city will pause its reopening plan "indefinitely" and will close indoor malls and non-essential offices as the coronavirus continues to spread throughout the state.
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