Former Somali PM dies of coronavirus in London

Somalia announces three-day mourning period after Nur Hassan Hussein, celebrated as an influential leader, dies at 83. Somalia has entered a three-day mourning period after Nur Hassan Hussein, the former prime minister, died in a London hospital on Wednesday after…

Brokerages restrict clients on positions they can take in oil

(Reuters) – Several brokerages, including discount giant TD Ameritrade Corp (AMTD.O) are restricting customers from buying new positions in certain crude oil contracts after an unprecedented sell-off that sent prices below negative-$40 on Monday. The U.S. oil futures market was…

Private home prices drop 1% in Q1 amid lighter Covid-19 measures

SINGAPORE – Private home prices fell less than initially estimated in the first quarter of 2020, but Singapore’s extended “circuit breaker” period against a sharp rise in Covid-19 cases will put more downward pressure on the property market. Private residential…

Congress passes $484bn coronavirus relief bill

The US House of Representatives has passed a new Covid-19 relief package totalling $484bn (£391bn), the fourth aid bill to clear Congress in response to the pandemic. The legislation, approved by 388-5, devotes more money to a small business aid…

Transgender children may face surgery ban, equalities minister hints

Transgender children may be banned from getting gender reassignment surgery, the equalities minister has signalled.  Liz Truss said she wanted to “protect” under 18s with gender dysphoria from making those “irreversible decisions”. Under the existing Gender Recognition Act, a trans…