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Perth in Three-Day Lockdown as Australia Quarantine Tested

Perth in Three-Day Lockdown as Australia Quarantine Tested Bloomberg 1 hr ago Edward Johnson © Bloomberg Buildings stand at dusk in Perth, Australia, on Saturday, May 9, 2020. Australia plans to reopen its crippled economy by July as its success in flattening the curve of new coronavirus infections allows it to relax lockdown restrictions. Prime Minister Scott Morrison said he aims to incrementally reopen cafes, restaurants, gyms and cinemas, allow gatherings of up to 100 people and permit interstate travel, when announcing a three-phase plan on May 8. (Bloomberg) Australia’s fourth-biggest city entered a three-day lockdown on Saturday to prevent the spread of Covid-19 after a returned overseas traveler who’d completed hotel quarantine tested positive for the virus.

Hong Kong House Costs a Record $2 Million a Year to Rent

Hong Kong House Costs a Record $2 Million a Year to Rent Bloomberg 3/3/2021 Shawna Kwan © Bloomberg Buildings are seen from Victoria Peak at dusk in Hong Kong, China, on Wednesday, Aug. 28, 2019. (Bloomberg) Hong Kong’s luxury property market has set another record, as its recovery from the pandemic gathers steam. Wharf Holdings Ltd. has rented out a luxury house in its 11 Plantation Road project on the Peak for HK$1.35 million ($174,000) a month, it said in a statement late Tuesday. That translates into more than $2 million a year for the unidentified tenant. The rent is the highest for a home in Hong Kong, according to Louis Ho, principal sales director at Centaline Property Agency Ltd. “Some of these tycoons may not have found their dream house so they tend to rent for a while before an opportunity to buy arises,” said Ho.

China Already Decided to Sanction U S Officials Over Taiwan

China said it “has already decided” to sanction some U.S. officials over involvement in Taiwan issues, as the Trump administration prepares to hand over to President-elect Joe Biden.

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