Global markets in turmoil. Central banks rushing to arrest panic. But in China, the country most affected by the virus outbreak, it’s boom time for traders.To get more china trade finance news, you can visit shine news official website.

A gauge of stocks in Shanghai and Shenzhen has jumped 14% in just over a month to close at a two-year high on Thursday. One exchange-traded fund focused on 5G amassed $2 billion in days as investors clamored to chase a rally in tech shares. Seeking to maximize returns, punters have driven stock leverage and daily turnover past 1 trillion yuan ($142 billion), both near four-year highs. Government bonds have surged too, with the 10-year yield approaching its lowest level since 2002.

It’s a sharp turnaround from just a month ago, when the virus darkened factories across the nation, whole cities were isolated under quarantine and the stock market was hit by the most savage selling in years.

The swift response from the Communist Party to arrest the spread of the deadly disease helped restore confidence as the number of new infections outside of the worst-hit province of Hubei drop. A succession of policy-easing measures ensured liquidity was ample in markets, with a measure of interbank borrowing costs tumbling to its lowest level in almost a decade. Another impetus for the rally: the prospect of massive fiscal stimulus similar to that unleashed in the wake of the global financial crisis.

The result is an explosion of speculative trading by Chinese investors hooked on greed at a time when global equity markets are imploding and fear is rampant — as seen in Wall Street’s session Thursday, when the S&P 500 Index slid 3.4%. Shanghai’s equity benchmark has become this week’s top performing in the world.

Such a disconnect by China’s still largely insulated markets isn’t unusual. A stock bubble in 2015 existed in isolation to the rest of the world before bursting violently, which global peers mostly shrugged off.

“Chinese equities provide a hedge against the recent volatility in global risk assets,” Eugenia Victorino, head of Asia strategy at SEB AB, wrote in a note Thursday. “We continue to believe in the resilience in Chinese equities in the near term.”

She recommends a long position in Chinese equity futures, targeting another 16% rally.

Still, the contrast to the rest of the world is glaring, especially given the potentially devastating impact of the virus to an economy already struggling under a mountain of debt and weakened by the trade war with the U.S. Factory activity contracted by the most on record in February and economists continue to lower their China growth forecasts.

Private enterprise faces a rising debt bill and an increase in defaults is likely this year. Just last week the government took over once-acquisitive HNA Group Co. after the contagion hurt the firm’s ability to meet debt obligations.

Yet, for now, investors have faith in the government to navigate this crisis like it has others in recent decades. China’s army of about 160 million retail traders are a formidable force when momentum starts to take off, as seen by a rush into new mutual stock funds as well as ETFs.

Korean automaker Kia Motors has announced temporarily suspending its manufacturing operations at its facility located in Anantapur of Andhra Pradesh. To get more latest auto news, you can visit shine news official website.

In a statement on Monday, the automaker said, “In view of the unprecedented situation arising out of the spread of Covid-19 and keeping in mind the safety and well-being of all our consumers, employees, workers, partners, and associates pan India, Kia Motors India has decided to suspend all its operations with immediate effect.”

“With this, company’s manufacturing facility in Anantapur (Andhra Pradesh) and company office premises will stop functioning until further notice,” Kia Motors India said.

Kia Motors said all its dealerships remain on call and were available to customers for all their requirements via all digital channels. The automaker has advised its customers to explore its website for more information on leading products Seltos and Carnival and get in touch with it for additional assistance.

Reassuring the customers on the delivery of its products, the company said, “We are also ensuring deliveries are not delayed for eager customers as well as service requirements are also being attended to, without compromising on strong safety precautions.”

Kia Motors India said it will continue to closely monitor the situation and ensure the best interests of everyone associated with its operations in the country. The company said it will remain connected with all concerned authorities and administration and will extend all possible cooperation and assistance, as-and-when required.

The Korean automobile giant said, “Kia Motors stands with India in its efforts to fight against this global pandemic.”

Kia Motors had in April 2017 signed a memorandum of understanding the Andhra Pradesh government to build a new manufacturing facility in Anantapur. It had completed the construction of Kia Motors’ first manufacturing facility in India and commenced the mass production in August last year with an annual production capacity of approximately 300,000 units.

Kia Motors has made a mark in India with its first product – the Seltos establishing itself as a trusted brand with record bookings of 6,046 on the first day of bookings. The Korean automaker currently has a widespread network of 265 customer’s touchpoints in 160 cities across tier-I, II and III cities in India.

Today Auto Finance News, the industry leading publication on auto lending and leasing, has released a new report on the key characteristics auto dealers look for in their lenders.To get more auto finance news, you can visit shine news official website.

The Auto Finance Performance: Dealer Insights Report is based on 6,200 dealer evaluations that get to the heart of what dealers are looking for from their sales reps and credit analysts. Auto finance has long been known as a “relationship business.” At the heart of this “relationship” is the interaction between lender and dealer, a connection set into motion long before a loan application is submitted.

To solidify relationships and keep loan volume flowing, lenders must rely on the efforts of their field forces and credit underwriters – those with whom dealers interface daily. Of the surveyed dealers, product knowledge and willingness to help get deals done are the primary traits of sales reps and credit analysts that influence dealers to switch lenders.

The report provides key quantitative and qualitative analysis of both of these relationships, providing data and information on reps and analysts by institution type, as ranked by franchise or independent dealers as well as scores by geographic region. The report also provides details on the characteristics that sway dealers to send business to one rep or analyst over another, including information on the average time it takes for analysts to return dealers’ calls.

“We are very excited to offer this important new market report,” said Marcie Belles, Senior Editor, Auto Finance News. “This is a critical tool for every auto lending company, providing insights into how they can position their sales and underwriting teams to compete in the current environment.”

A new study reports that people who became sick from the coronavirus in the Chinese city where the outbreak began likely had a lower death rate than previously thought.To get more news about coronavirus wuhan, you can visit shine news official website.

The study, published Thursday in the journal Nature Medicine, calculated that people with coronavirus symptoms in Wuhan, China, had a 1.4 percent likelihood of dying. Some previous estimates have ranged from 2 percent to 3.4 percent.
Assessing the risk of death in Wuhan is instructive because it provides a snapshot of the epidemic from the beginning, when doctors were scrambling to treat people with the brand-new virus and hospitals were overwhelmed. Some experts say that such a benchmark — known as the symptomatic case fatality rate — could be lower in countries like the United States if measures like widespread business and school closures and appeals for social distancing have the desired effect of slowing the spread of the disease.
“The experience gained from managing those initial patients and the increasing availability of newer, and potentially better, treatment modalities to more patients would presumably lead to fewer deaths, all else being equal,” wrote the study authors, a team that included scientists from the Harvard T.H. Chan School of Public Health.

But a 1.4 percent case fatality rate still means many deaths. By comparison, the average seasonal flu kills about 0.1 percent of the people it infects in the United States.

The new study calculated estimates based on cases in Wuhan as of Feb. 29, when there had been 48,557 confirmed patients and 2,169 deaths. The risk of death increased with age, “unlike any previously reported pandemic or seasonal influenza,” the researchers wrote.

While the overall symptomatic case fatality rate was 1.4 percent, for people who were 60 and older it was 2.6 percent. That makes the older age group about five times more likely to die than people with symptoms who were 30 to 59 years old, whose risk of dying was 0.5 percent. For those under 30, it was 0.3 percent.

The risk of developing symptomatic infection itself also increased with age, about 4 percent per year for people aged 30 to 60, the study said. The authors estimated that people 60 and older were twice as likely to develop symptoms as people aged 30 to 59 and that people under 30 have about one-sixth the chance of developing symptoms from the infection. That suggests, as has other research, that many young people may be unknowingly infected and able to spread the virus to others.
The researchers noted that their estimates faced some limitations, including that the study would not reflect the many people who were not tested and diagnosed, and that the data might not adequately capture people who were infected in Wuhan and traveled elsewhere. And although their estimated risk of death is lower than previous guesses, the authors make it clear that the virus will undoubtedly leave many casualties in its wake.

The findings “indicate that Covid-19 transmission is difficult to control,” they wrote, adding that “we might expect at least half of the population to be infected, even with aggressive use of community mitigation measures.”             

In the summer of 2008, an elderly psychic who claimed she started receiving premonitions at age 5 published a book that contained an ominous prediction.To get more news about coronavirus 2020, you can visit shine news official website.

"In around 2020, a severe pneumonia-like illness will spread throughout the globe, attacking the lungs and the bronchial tubes and resisting all known treatments," it said. "Almost more baffling than the illness itself will be the fact that it will suddenly vanish as quickly as it arrived, attack again ten years later, and then disappear completely."

The prediction faded from public memory and the book's author, Sylvia Browne, died in 2013. But the coronavirus pandemic has brought new attention to Browne's book, "End of Days: Predictions and Prophecies About the End of the World." It's shot up to number 2 on Amazon's nonfiction chart, and physical copies are now selling for hundreds of dollars.

Government and public health officials have issued all sorts of guidelines to help people protect themselves against the spread of Covid-19. But there's another contagion that experts seem helpless to stop: The plague of prophets warning that the coronavirus is a sign we're at the "end of days."
The number of coronavirus cases in Germany has increased by 1,948 in the past 24 hours to 18,610, according to the country’s agency for disease control, the Robert Koch Institute.

That jump represents a 12% increase on Saturday’s figures. Meanwhile, the number of deaths has increased by eight to 55.

The German government is considering a nationwide lockdown to combat coronavirus. Last week, two German states -- Bavaria and Saarland -- imposed state-wide restrictions to try to contain its spread.

German Chancellor Angela Merkel is set to meet state premiers later on Sunday to discuss further measures.

The World Health Organization (WHO) has declared a global pandemic over a new coronavirus which causes an illness known as COVID-19 that has spread to at least 177 countries and territories, killing more than 11,000 people and infecting nearly 275,000, according to Johns Hopkins University.To get more news about corona virus pictograph, you can visit shine news official website.
On December 31 last year, China alerted WHO to several cases of unusual pneumonia in Wuhan, a port city of 11 million people in the central Hubei province. The virus was unknown.

Several of those infected worked at the city's Huanan Seafood Wholesale Market, which was shut down on January 1.As health experts worked to identify the virus amid growing alarm, the number of infections exceeded 40.

On January 5, Chinese officials ruled out the possibility that this was a recurrence of the severe acute respiratory syndrome (SARS) virus - an illness that originated in China and killed more than 770 people worldwide in 2002-2003.

On January 7, officials announced they had identified a new virus, according to the WHO. The novel virus was named 2019-nCoV and was identified as belonging to the coronavirus family, which includes SARS and the common cold.

Coronaviruses are common and spread through being in proximity to an infected person and inhaling droplets generated when they cough or sneeze, or touching a surface where these droplets land and then touching one's face or nose.On January 11, China announced its first death from the virus, a 61-year-old man who had purchased goods from the seafood market. Treatment did not improve his symptoms after he was admitted to hospital and he died of heart failure on the evening of January 9.

On January 13, the WHO reported a case in Thailand, the first outside of China, in a woman who had arrived from Wuhan.

On January 16, Japan's health ministry reported a confirmed case in a man who had also visited Wuhan.

On January 17, as a second death was reported in Wuhan, health authorities in the US announced that three airports would start screening passengers arriving from the city.

Authorities in the United States, Nepal, France, Australia, Malaysia, Singapore, South Korea, Vietnam and Taiwan confirmed cases over the following days.On January 20, China reported a third death and more than 200 infections, with cases also reported outside Hubei province including in the capital Beijing, Shanghai and Shenzhen.

Meanwhile, a Chinese expert on infectious diseases confirmed human-to-human transmission to state broadcaster CCTV, raising fears of a major outbreak as millions travelled for the Lunar New Year holiday.

Asian countries ramped up measures to block the spread of the virus, introducing mandatory screenings at airports of all arrivals from high-risk areas of China.On January 22, the death toll in China jumped to 17 with more than 550 infections. Many European airports stepped up checks on flights from Wuhan.

Wuhan was placed under effective quarantine on January 23 as air and rail departures were suspended.

The Federal Emergency Management Agency will conduct a nationwide test of the Emergency Alert System at 11:20 a.m. MST next Thursday.To get more news about eas system, you can visit estar-eassystem news official website.

FEMA said that the test will assess the readiness of the infrastructure for the distribution of a national message and determine whether improvements are needed.FEMA said that the intent of this year’s tests to evaluate the readiness of the national alerting capability in the absence of internet connectivity.

The test will begin with a broadcast of the national test message from radio stations, called Primary Entry Point stations, that participate with FEMA in the National Public Warning System. Other radio and television broadcasts in each state that monitor PEP stations will receive and broadcast the test message so that within minutes the test message should be conducted by all radio, television, cable, wireline service providers and direct broadcast satellite service providers nationwide.

FEMA said that the audio test message will be similar to regular monthly EAS test messages with which the public is familiar: “This is a test of the National Emergency Alert System. This system was developed by broadcast and cable operates in voluntary cooperation with the Federal Emergency Management Agency, the Federal Communications Commission and local authorities to keep you informed in the event of an emergency. If this had been an actual emergency an official message would have followed the tone alert you heard at the start of this message. No action is required.”

The EAS test on Aug. 7 is the fifth time that the test has been conducted nationwide, according to FEMA. Previous EAS national tests were conducted on November 2011, September 2016 and 2017 and October 2018 in collaboration with the FCC, radio and television stations and emergency management officials.

A later than expected release of a technical update to Emergency Alert System (EAS) hardware used by broadcasters has led the Federal Communications Commission to give stations more time to install the software without running afoul of its rules. Stations were to have had the update installed by Friday, Nov. 8. But the Public Safety and Homeland Security Bureau will give an extra 60 days on the clock, meaning the updates need to be in place by Jan. 7, 2020.To get more news about eas tag, you can visit estar-eassystem news official website.

The software update concerns how EAS equipment validates Common Alerting Protocol (CAP)-formatted alerts which are distributed by the Federal Emergency Management Agency before they are relayed to the public. That validation process requires that a station’s equipment be configured so that any CAP-formatted alert that doesn’t include a valid digital signature is rejected. It does that by looking at the message received and the digital signature created by the certificate included in the alert. The equipment checks to be sure the certificate matches one of the trusted sources stored in the EAS unit. The pressing issue has come into play since FEMA said one of the certificates it has issued for the Integrated Public Alert and Warning System (IPAWS), that has been installed in all EAS devices, is set to expire Nov. 8.

Manufacturers of EAS equipment have been pushing out updates to stations, but there is growing concern over the fact that the replacement certificate wasn’t issued until last week (Oct. 28). “This may not provide sufficient time to update all EAS devices,” the FCC said in a public notice issued Tuesday.

Based on what the Public Safety and Homeland Security Bureau says was the late availability date of the replacement, it now concedes it may leave “insufficient time” for every radio station and other EAS participants to update their emergency alerting equipment. And that will mean some won’t be able to meet their obligation to receive and process CAP-formatted alerts or run the required weekly or monthly tests. Typically that would put a license holder at risk for fines or other sanctions, but in this case the addition 60 days will insulate stations from that risk. The Bureau is also giving stations permission to continue using their EAS equipment even with the outdated information.

Even as some EAS decoders will impact EAS readiness, the good news is that the FCC says over-the-air President-level national EAS messages initiated by Primary Entry Point or “PEP” stations are not affected by the situation. Alerts initiated by state and local emergency management offices and other non-IPAWS sources are also not impacted. And the FCC says Wireless Emergency Alerts are also unaffected by this situation.

Wednesday there will be a nationwide test of the Emergency Alert System sent to radio and television stations through FEMA. Local authorities also recommend checking your Code Red registration on your cell phone.To get more news about security tag, you can visit estar-eassystem news official website.

Federal Emergency Management Agency (FEMA) is conducting a nationwide test Wednesday, August 7, where a test message will be sent to radio and television stations beginning at 11:20 a.m. The test will not include the wireless Emergency Alert System (EAS), which sends alerts to cell phones. This is solely a test of alerting on radio and television.

Wednesday's test will essentially mimick how an alert would come across your T.V. or radio during an emergency such as a wildfire. The goal is to evaluate the readiness of the national alerting capability in the absence of internet connectivity.
Law enforcement agencies, such as the Shasta County Sheriff's Office, encourage citizens to visit their website or any of the local law enforcement websites and click on the CodeRED link to register or update your cell phone numbers and email addresses, in addition to the EAS test.

A reminder, the Code Red registration is in addition to precautionary steps. You will not get an emergency notification to your cell phone Wednesday. Authorities ask to not call 9-1-1 or law enforcement agencies as this could have a negative impact on first responders handling in-progress calls.

The nationwide test will be approximately one minute long, with only a minor interruption of radio and television programs, and similar to regular monthly EAS local tests. Both the audio message and text crawl should be accessible to people with disabilities.

FEMA, in coordination with the FCC, will conduct a nationwide test of the Emergency Alert System (EAS) today at 2:20 p.m.To get more news about eas system, you can visit estar-eassystem news official website.

The test will assess the operational readiness of the infrastructure for the distribution of a national message and determine whether improvements are needed.

This is the fifth EAS nationwide test. Previous EAS national tests were conducted in November 2011, September 2016 and 2017, and October 2018, in collaboration with the FCC, radio and televisions stations, and emergency management officials.

The intent of this year’s test is to evaluate the readiness of the national alerting capability in the absence of internet connectivity. The 2019 test will begin with a broadcast of the national test message from radio stations, called Primary Entry Point or PEP stations, that participate with FEMA in the National Public Warning System, a component of the IPAWS. Other radio and television broadcast and cable stations in each state that monitor PEP stations will receive and broadcast the test message so that within minutes the test message should be presented by all radio and television, cable, wireline service providers and direct broadcast satellite service providers nationwide.

The EAS is a national public warning system that provides the President with the communications capability to address the nation during a national emergency. The test is made available to EAS participants (i.e., radio and television broadcasters, cable systems, satellite radio and television providers, and wireline video providers) and is scheduled to last approximately one minute.

The audio test message will be similar to regular monthly EAS test messages with which the public is familiar: “THIS IS A TEST of the National Emergency Alert System. This system was developed by broadcast and cable operators in voluntary cooperation with the Federal Emergency Management Agency, the Federal Communications Commission, and local authorities to keep you informed in the event of an emergency. If this had been an actual emergency an official message would have followed the tone alert you heard at the start of this message. No action is required.” The text displayed at the top or center of television screens will read: “A Primary Entry Point system has issued a National Periodic Test for all of the United States beginning at 2:20 PM and ending at 2:50 PM.

Significant coordination has been conducted with EAS participants and emergency managers in preparation for this test. The test is intended to ensure public safety officials have the methods and systems that will deliver urgent alerts and warnings to the public in times of an emergency or disaster.
In the event of a national emergency, a national warning message would be issued at the direction of the President or his/her designee and activated by FEMA.