Tag: eases

China eases visa restrictions for foreigners

China will ease entry restrictions for foreigners from Monday, with the spread of the coronavirus through imported cases largely under control.

As of Wednesday, China had 10 new imported cases and no new local cases or deaths, with a total of 168 confirmed cases still being treated, and 6,864 close contacts of previous cases still being monitored.

Foreign nationals holding valid Chinese residence permits for work, personal matters or family reunion are allowed to enter China without applying for new visas, according to a Chinese foreign ministry statement released late on Wednesday.

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If these permits expired after March 28, the holders can apply for new visas through Chinese embassies or consulates if the purpose of the visit to China remains unchanged.

But other restrictions introduced in March would continue, the statement said.

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Zimbabwe eases COVID-19 restrictions as exam classes start

HARARE (Reuters) – Zimbabwe on Tuesday lifted a ban on inter-city travel and extended working hours as the government gradually re-opens the economy by easing COVID-19 restrictions.

The Southern African nation went into a lockdown in March and President Emmerson Mnangagwa later imposed an overnight curfew to curb the spread of the coronavirus.

The pandemic has battered Zimbabwe, which was already reeling under hyperinflation and a looming scarcity of basic amenities, before the pandemic struck. The country of 14 million people has seen 7,531 cases and 224 deaths so far, according to a Reuters tally.

The cabinet approved the “resumption of inter-city travel to facilitate the smooth movement of examination candidates, citizens and visitors,” Information minister Monica Mutsvangwa told reporters.

The government has extended business hours by two hours to close at 6.30 p.m., she said.

“Despite the measures taken today to further open up the economy, the threat from

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PRECIOUS-Gold eases on firmer dollar; focus shifts to central banks

* Japan’s economy shrank more than initially estimated in Q2

* Gold poised to break support at $1,923/oz – technicals

* Investors focus on ECB policy decision on Thursday

* Interactive graphic tracking global spread of coronavirus: open tmsnrt.rs/3aIRuz7 in an external browser (Recasts, adds comments, updates prices)

By Brijesh Patel

Sept 8 (Reuters) – Gold slipped on Tuesday due to a stronger dollar, although losses were limited by doubts over a global economic recovery and as investors awaited policy strategies from central banks in North America and Europe.

Spot gold fell 0.2% to $1,925.38 per ounce by 0510 GMT. U.S. gold futures slipped 0.1% to $1,931.70.

The dollar rose against its rivals, making gold more expensive for holders of other currencies.

“There is a bit of downside risk for USD denominated gold prices heading into this week’s central bank meetings,” said IG Markets analyst Kyle Rodda.

“If it’s perceived

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Gold eases on firmer dollar; recovery worries limit losses

An Argor-Heraeus SA stamp sits on a 250 gram gold bar in Budapest, Hungary, on  March 10, 2016.

Akos Stiller | Bloomberg | Getty Images

Gold prices slipped on Tuesday, weighed down by a stronger U.S. dollar, but the safe-haven metal’s decline was limited by growing fears over the global economic recovery from the coronavirus crisis.

Spot gold was down 0.2% at $1,925.09 per ounce by 0320 GMT. U.S. gold futures fell 0.2% to $1,931.20.

“Over the past 24 hours we have seen a stronger U.S. dollar that is something that has weighed a little bit on gold,” said DailyFx currency strategist Ilya Spivak.

“The $1,900 level in very important for gold right now here.”

The dollar index rose against its rivals, making gold more expensive for holders of other currencies.

Hopes around swift economic recovery faded after data showed that Japan’s economy shrank more than initially estimated in the

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