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S&P 500   0.72 (+6.87%)
DOW   0.72 (+6.87%)
QQQ   271.86 (+2.52%)
AAPL   452.04 (+3.32%)
MSFT   209.19 (+2.86%)
FB   259.89 (+1.47%)
GOOGL   1,507.24 (+1.80%)
AMZN   3,162.24 (+2.65%)
NVDA   457.61 (+5.44%)
CGC   17.25 (+1.77%)
BABA   255.19 (+2.73%)
TSLA   1,554.76 (+13.12%)
GE   6.72 (-0.15%)
MU   48.48 (+1.51%)
AMD   82.61 (+7.45%)
T   30.18 (-0.07%)
F   7.11 (-1.66%)
ACB   9.80 (-2.20%)
GILD   68.84 (+1.09%)
NFLX   475.47 (+1.83%)
DIS   131.79 (+1.00%)
BAC   26.73 (-0.71%)
BA   175.44 (-2.60%)
S&P 500   0.72 (+6.87%)
DOW   0.72 (+6.87%)
QQQ   271.86 (+2.52%)
AAPL   452.04 (+3.32%)
MSFT   209.19 (+2.86%)
FB   259.89 (+1.47%)
GOOGL   1,507.24 (+1.80%)
AMZN   3,162.24 (+2.65%)
NVDA   457.61 (+5.44%)
CGC   17.25 (+1.77%)
BABA   255.19 (+2.73%)
TSLA   1,554.76 (+13.12%)
GE   6.72 (-0.15%)
MU   48.48 (+1.51%)
AMD   82.61 (+7.45%)
T   30.18 (-0.07%)
F   7.11 (-1.66%)
ACB   9.80 (-2.20%)
GILD   68.84 (+1.09%)
NFLX   475.47 (+1.83%)
DIS   131.79 (+1.00%)
BAC   26.73 (-0.71%)
BA   175.44 (-2.60%)
S&P 500   0.72 (+6.87%)
DOW   0.72 (+6.87%)
QQQ   271.86 (+2.52%)
AAPL   452.04 (+3.32%)
MSFT   209.19 (+2.86%)
FB   259.89 (+1.47%)
GOOGL   1,507.24 (+1.80%)
AMZN   3,162.24 (+2.65%)
NVDA   457.61 (+5.44%)
CGC   17.25 (+1.77%)
BABA   255.19 (+2.73%)
TSLA   1,554.76 (+13.12%)
GE   6.72 (-0.15%)
MU   48.48 (+1.51%)
AMD   82.61 (+7.45%)
T   30.18 (-0.07%)
F   7.11 (-1.66%)
ACB   9.80 (-2.20%)
GILD   68.84 (+1.09%)
NFLX   475.47 (+1.83%)
DIS   131.79 (+1.00%)
BAC   26.73 (-0.71%)
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Asia Today: SKorea arrests leader of church with big cluster

Posted on Saturday, August 1st, 2020 By The Associated Press


People wearing face masks to protect against the coronavirus wait at an intersection in the central business district in Beijing, Friday, July 31, 2020. China is tightening travel restrictions in the capital of Xinjiang, where more than a hundred new cases were reported Friday. (AP Photo/Mark Schiefelbein)

SEOUL, South Korea (AP) — South Korean prosecutors arrested the elderly leader of a secretive religious sect Saturday as part of an investigation into allegations that the church hampered the government’s anti-virus response after thousands of worshippers were infected in February and March.

Prosecutors in the central city of Suwaon have been questioning 88-year-old Lee Man-hee, chairman of the Shincheonji Church of Jesus, over charges that the church hid some members and underreported gatherings to avoid broader quarantines.

The Suwon District Court early Saturday granted prosecutors’ request to arrest Lee over concerns that he could temper with evidence.

Lee and his church have steadfastly denied the accusations, saying they're cooperating with health authorities. The church's spokesperson, Kim Young-eun, said the church will do its best so that “the truth is clearly proved in court.”

More than 5,200 of the South Korea’s 14,336 coronavirus cases have been linked to the church. Its branch in the southern city of Daegu emerged as the biggest cluster after infections spiked in late February.

Health authorities used an aggressive test-and-quarantine program to contain the outbreak in Daegu and nearby towns by April, but the country has seen a resurgence of the virus in the Seoul metropolitan area since late May.

In other developments in the Asia-Pacific region:

— India recorded its steepest spike of 57,118 new cases in the past 24 hours, taking its coronavirus caseload close to 1.7 million, with July alone accounting for nearly 1.1 million infections. The Health Ministry on Saturday also reported 764 additional deaths for a total of 36,511. India’s Civil Aviation Ministry delayed resumption of international flights by another month until Aug. 31. But it will continue to allow several international carriers from the United States, Europe and the Middle East to operate special flights to evacuate stranded nationals. Health Minister Harsh Vardhan said Friday that India achieved more than 1 million recoveries with active cases only one-third of the total. India is now conducting more than 640,000 tests in 24 hours, taking cumulative tests across the country to nearly 1.9 million, he said.

— The Australian state of Victoria has recorded three more deaths from the coronavirus and 397 additional cases, a significant drop from this week’s high. Victoria Premier Daniel Andrews said he understood the latest deaths were linked to aged care, where 1,008 cases are currently active. They take the national death toll to 201, including 116 in Victoria. Authorities warned that many of those infected were failing to self-isolate at home. Andrews said he was looking at whether there needed to be changes in fines for people who have tested positive but were not at home when military personnel and public health officials came knocking. “A much bigger fine” through the courts is being considered, he said.

— Japan’s capital recorded 472 new coronavirus cases on Saturday, the third straight day of record numbers. Tokyo Gov. Yuriko Koike issued a warning in an online video, urging people to wash their hands, wear masks and visit those businesses that display the special city-backed stickers with the image of a rainbow, which indicates good social distancing. Most people getting sick were in their 20s and 30s, highlighting how they may be putting their guard down and going out partying, according to officials. Nationwide, the daily count of coronavirus cases in Japan totaled a record 1,579 on Friday.

— China reported a more than 50% drop in new cases of COVID-19 on Saturday in a possible sign that its latest major outbreak in the northwestern region of Xinjiang may be waning. The 45 new cases over the past 24 hours, 31 of them in Xinjiang, where the outbreak has been focused on the regional capital Urumqi, is down from 127 cases nationally on Friday, including 112 in Xinjiang. The National Health Commission on Saturday also reported eight new cases in the northeastern province of Liaoning, where officials in the port city of Dalian have collected nucleic acid tests on more than 4 million people. Another six cases were brought by Chinese travelers from overseas. In Hong Kong, infections continue to surge with more than 100 new cases reported daily, bringing its total to 2,273 as of Saturday morning, with two new deaths for a total of 27.

— Vietnam reported more than three dozen new cases of the coronavirus on Saturday, while a third person died of COVID-19 complications a day after the country reported its first-ever death from the disease. Vietnam had been seen as a global success story in combating the coronavirus, with no confirmed cases of local transmission for 99 days. But a week ago, an outbreak began at a Da Nang hospital. It has spread to six parts of the country, including three of the largest cities, forcing authorities to reimpose virus restrictions. Da Nang is Vietnam’s most popular beach destination, and thousands of visitors were in the city for summer vacation. Across the country, authorities are rushing to test people who have returned home from the coastal city. Of the 40 new cases reported Saturday, 32 are from Da Nang hospitals and six are from local community transmissions in the city. The other two are Vietnamese nationals returning from Indonesia.

___

Follow AP’s pandemic coverage at http://apnews.com/VirusOutbreak and https://apnews.com/UnderstandingtheOutbreak

10 Video Game Stocks That Will Cause Investors to Jump Off Their Couch

Video games are big business. In 2019, sales of video games were nearly $150 billion worldwide according to the research firm Newzoo. That marked a 7.2% growth from the previous year. And, at the time of the report Newzoo estimated that global video game sales would rise to nearly $160 billion in 2020.

But in the aftermath of the Covid-19 pandemic, things may be changing. The video game industry is undergoing profound changes. Consumers truly have an a la carte model for gaming. Do they want to use a traditional console? They can. How about their laptop? Check. And they can also use their mobile device.

But it’s not just the hardware they use. Multiplayer games are now the rage as is the ability to play online versus other competitors. And then there’s the whole movement towards esports which is helping to inspire a service like Twitch that allows people to watch other people play video games.

As investors, the growth of digital downloads and cloud-based streaming is playing a significant role in the way video game stocks are perceived. And it’s a big reason why many video game stocks are among the best investments at the moment.

In this special presentation, we’ll look at pure-play video game stocks as well as technology companies that are leveraging their strengths to get a share of this growing pie.

View the "10 Video Game Stocks That Will Cause Investors to Jump Off Their Couch".

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