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Asia Tightens Airport Screening as Nipah Virus Concerns Rise

  Airport health authorities wearing protective masks monitor passengers from international flights arriving at Suvarnabhumi International Airport in Bangkok, Thailand, amid reports of a Nipah outbreak. Airports across Asia are stepping up health surveillance as several countries respond to renewed concerns over the Nipah virus following confirmed cases in India. The virus, known for its high fatality rate and potential for human‑to‑human transmission, has prompted authorities to reintroduce precautionary screening measures to limit cross‑border spread. Health officials in Thailand, Singapore, Malaysia, Hong Kong, Nepal, and Taiwan have implemented temperature checks, health declarations, and targeted monitoring of passengers arriving from affected regions. While the number of confirmed cases remains limited, the severity of the virus has led governments to act swiftly. Nipah virus infections are rare but dangerous, with symptoms ranging from fever and headaches to severe respir...
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European Stocks Surge and Bond Yields Ease as Markets Scale Back Bets on Rate Cuts

 

European stocks surged to a fresh two-year high, and bond yields eased as markets scaled back ambitious bets at the end of 2023 on rate cuts by the Federal Reserve and other major central banks. The S&P 500 also edged higher, with the index poised to set a new record closing high, at the start of a week packed with big corporate earnings, European inflation data, Federal Reserve and Bank of England meetings and U.S. employment data.

The market is trying to understand the outlook for the U.S. economy as it is unlikely to require the deep interest rate cuts by the Fed it has priced in. Absent geopolitical shocks, the U.S. economy will grow better than expected with just a few areas underperforming.

The surge in European stocks and the easing of bond yields can be attributed to the markets scaling back their bets on rate cuts by the Federal Reserve and other major central banks.



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