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Angiotensin receptor blockers could be used to treat coronavirus, researchers say

Global scientists continue to struggle to develop a treatment for the Coronavirus Disease 2019 (COVID-19) that has already infected over 180,000 and killed more...

Filipinos raise concerns over ‘enhanced community quarantine’ amid coronavirus

Philippine President Rodrigo Duterte intensified the government’s efforts to contain the coronavirus outbreak by placing the entire Luzon island under “enhanced community quarantine” effective...

Global stock markets stumble as coronavirus pandemic spreads

Not long enough after the 2008 global financial crisis, the world was rocked anew as the stock markets in different countries have plummeted due...

Singapore to grant $10 million to San Diego pharmaceutical company for...

The Government of Singapore has awarded San-Diego based Arcturus Therapeutics a grant that could reach up to $10 million if it succeeds in creating a...

Philippine government releases list of coronavirus-related travel bans affecting the country

As the number of confirmed coronavirus cases in the Philippines continues to rise, the national government has reiterated the travel restrictions it has imposed...

Philippines declares health emergency, cancels public events amid coronavirus

Philippine President Rodrigo Duterte declared a “state of public health emergency” on Monday as the Coronavirus Disease 2019 (COVID-19) started spreading in the country’s...

Oil price plunges as Saudi Arabia retaliates with Russia

The prices of oil fell sharply on Monday following Saudi Arabia’s launch of price war against Russia which is reportedly unwilling to cut its...

Fears on global medicine shortage grow as coronavirus hit supply chains

The continued closure of factories in China due to the coronavirus threatens the supply of medicines worldwide as the production of active pharmaceutical ingredients were disrupted. China is the world’s largest maker of drug ingredients and particularly supplies those used for treating diabetes, blood pressure, headaches and fevers. With this, the Government of India has limited the […]

Asian markets surge as central banks signal support

Share prices in Asia got an unexpected boost following the commitment of the Bank of Japan and the U.S. Federal Reserve to help protect markets from the damaging impact of the coronavirus. The Asian markets reversed early losses as investors put their hopes on a harmonized global monetary policy response. BOJ Governor Haruhiko Kuroda, in a rare […]

IMF, World bank express readiness to lend amid virus crisis

The International Monetary Fund (IMF) and the World Bank have already developed contingency plans to be able to provide funding to the global fight against the coronavirus (COVID-19). IMF spokesman Gerry Rice said that the institutions are willing to lend capital should any state government requests for assistance. “We have various financial instruments that could […]

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