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Australian COVID-19 cases rise 2.5pc; Global cases pass 1.26 million

LiveUpdated Apr 6, 2020 – 7.31am, first published at 7.17amKey PointsAustralian COVID-19 cases are up 139, or 2.5 per cent, to 5687.Globally there are 1.26 million cases and more than 68,400 people have died.For a daily update straight to your inbox, subscribe to our newsletter, Need to know, here.5 mins ago – 7.31amBronx Zoo tiger…


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Anti-parasitic drug kills the coronavirus: Monash-led study

Apr 4, 2020 – 10.11amScientists at Monash University and the Peter Doherty Institute in Melbourne say an existing anti-parasitic drug kills the coronavirus in test tubes in 48 hours.The scientists are now seeking funding for pre-clinical testing and clinical trials to find out if there is a safe dose that kills the coronavirus in humans…



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ASX to end week higher as oil prices soar

LiveUpdated Apr 3, 2020 – 8.34am, first published at 7.37amKey PointsASX futures are up 114 points, or 2.2 per cent.Oil prices soared overnight on the promise of significant production cuts.1 min ago – 8.34amClass action filed against Treasury WineWilliam McInnesTreasury Wine Estates has been served with a class action, with the group proceeding filed in…


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ASX to fall sharply; Peter King named as Westpac CEO

LiveUpdated Apr 2, 2020 – 8.30am, first published at 8.11am6 mins ago – 8.30amUS jobless claims to reset record highTimothy MooreThe key piece of data on the state of the US economy at the moment is the number of people who are seeking financial help from the government after losing their jobs.Jobless claims data is…


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ASX to rebound; Trump calls for second $US2tn spend

LiveUpdated Apr 1, 2020 – 8.29am, first published at 7.42amKey PointsASX futures are up 71 points, or 1.4 per cent.US President Donald Trump is pushing for another $US2 trillion stilumus bill.6 mins ago – 8.29amNews Corp sells News America marketing for up to $US235mRobert GuyNews Corp has sold its coupon publishing business to private equity…


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Australian virus cases rise 6.6pc; Global cases above 766,300

LiveUpdated Mar 31, 2020 – 7.28am, first published at 7.16amKey PointsCOVID-19 cases are up 263, or 6.6 per cent, to 4243.Globally, there are 766,366 cases and 36,873 people have died.For a daily update straight to your inbox, subscribe to our newsletter, Need to know, here.9 mins ago – 7.28amOlympics rescheduledThe 2020 Tokyo Olympics has been…


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ASX set to drop as virus cases multiply

Mar 30, 2020 – 5.39amAustralian shares are expected to fall, reflecting in part more selling on Wall Street over the weekend, as the global number of coronavirus cases and the death toll leapt higher.ASX futures were up 6 points or 0.1 per cent to 4834 at 3.59pm on Friday in New York. After the closing…


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Morrison’s $1.1b boost to Medicare, charities

Mar 28, 2020 – 10.30pmThe Morrison government has announced another $1.1 billion in health and social support amid disturbing signs domestic violence is already on the rise as the coronavirus wreaks economic havoc.Prime Minister Scott Morrison and Health Minister Greg Hunt will unveil on Sunday a series of initiatives including an initial $150 million help victims…


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US, European stocks drop

Mar 28, 2020 – 6.07amShares ended lower in the US even after Congress approved a $US2 trillion rescue plan for the economy amid widespread disruption because of the coronavirus outbreak there.As of Friday afternoon in the US, there were more than 97,000 confirmed cases and almost 1500 deaths in the country.For the latest news on…