The U.S. Department of Health and Human Services (HHS) said on Saturday it would allow state health departments to distribute Gilead Sciences Inc's remdesivir drug to fight COVID-19, and the United States would receive about 40% of the drug maker's global donation.

Confirmed cases of coronavirus infection in Panama reached 8,282 on Saturday, a rise of 212 from the previous day, and deaths climbed by six to 237, the health ministry said.

The number of confirmed coronavirus cases in Germany increased by 667 to 169,218, data from the Robert Koch Institute (RKI) for infectious diseases showed on Sunday.

Three children in New York have died from a rare inflammatory syndrome believed to be linked to the novel coronavirus, Governor Andrew Cuomo said on Saturday, a development that may augur a pandemic risk for the very young.

Malaysia's government extended the time frame for movement and business curbs by another four weeks to June 9, amid a gradual reopening of economic activity stunted by the coronavirus pandemic.

Singapore registered 876 new coronavirus infections, its health ministry said on Sunday, taking the city-state's total to 23,336 cases.

Frustrated by state shutdown orders amid the coronavirus outbreak, Elon Musk threatens to move Tesla headquarters and manufacturing out of California.

As states across the nation continue to reopen despite coronavirus cases climbing, the impact on minority and low-income groups become more apparent.

All L.A. County Superior Court bench officers will be required to wear face coverings while on the bench or in courthouse public areas, the court said.

Los Angeles County public health officials reported 1,011 new coronavirus cases and 44 related deaths Saturday.

Semi-retired in Westwood, he'd rather stay at home, but begins each day taking a homeless tent census.

The need for food in L.A. County has reached record levels, putting food banks under pressure to deliver even while their normal supply chains are disrupted.

'Like being set free:' Grateful hikers returning to Griffith Park

At least 100 protesters gathered outside the residence of Los Angeles Mayor Eric Garcetti, with marchers calling for the economy to reopen and condemning the health orders enacted in response to the coronavirus outbreak.

MLB is expected to submit a proposal to players Tuesday to start the season in early July. The Dodgers and Angels would play at home and largely on the West Coast.

 We introduced a Topics tab in the online documentation a few releases ago, and there are corresponding pages in our focus area that briefly describe the topic areas and the procedures that perform analyses for those areas.

This paper begins with a look at both optimization modeling and discrete-event simulation modeling, and explores how they can most effectively work together to create additional analytic value. It then considers two examples of a combined optimization and simulation approach and discusses the resulting benefits.

All of the proceeds raised through the Ray of Hope platform will go directly to Beyond Social Services charity's COVID-19 Family Assistance Fund. 

The post Singapore venture investors, startup founders raising funds for low-income families appeared first on DealStreetAsia.

Startups in health care and deliveries have managed to raise millions to accelerate their expansion.

The post Southeast Asia’s healthcare startups attract wary investors appeared first on DealStreetAsia.

The startup closed a bridge round with US-based SIG a few months ago.

The post SG-based healthtech firm mClinica seeks to raise $20m amid virus outbreak appeared first on DealStreetAsia.

The company went into receivership in February after DBS appointed KPMG as the receiver.

The post Singapore’s Hontop Energy in talks with banks to manage debt appeared first on DealStreetAsia.

Headlines this week were dominated by more companies running into trouble amid the virus crisis.

The post Editor’s take: The week that was – April 27-May 1 appeared first on DealStreetAsia.

AsiaKredit provides consumer finance products to underserved consumers in the Philippines.

The post SG’s GoBear buys digital lender AsiaKredit to expand alternate consumer lending appeared first on DealStreetAsia.

The deal values the 50-storey office development at S$1.68 billion ($1.2 billion).

The post Alibaba unit buys 50% stake in Singapore’s AXA Tower appeared first on DealStreetAsia.

An EY survey shows how competition in the M&A space is likely to come in from private capital players.

The post M&A activity likely to make a comeback in next 12 months: EY survey appeared first on DealStreetAsia.

The transaction is expected to close during the second quarter of 2020.

The post Everstone exits Singapore-based HR service provider Excelity Global appeared first on DealStreetAsia.

Atento claims to be the largest customer relationship management and BPO player in Latin America.

The post GIC takes stake in LatAm outsourcing player Atento in debt-for-equity deal appeared first on DealStreetAsia.

China continued to dominate the megadeal market in the week, with car trader Chehaoduo alone bagging $200 million.

The post Editor’s take: The week that was – May 4-8 appeared first on DealStreetAsia.

Despite the recent pressure of Covid-19, key SEA co-living operators said they would continue to expand this year.

The post Southeast Asian operators bullish on co-living growth prospects but see it as long-term play appeared first on DealStreetAsia.

Most economists have cemented their expectations for the MAS to ease policy at its review scheduled for April.

The post Singapore inches towards first recession in two decades amid COVID-19, Malaysia travel ban appeared first on DealStreetAsia.

The firm is in talks with a host of investors in Singapore, Thailand, Cambodia and Indonesia, apart from its home market.

The post Malaysian payments firm iPay88 in talks to raise $25m to expand ops appeared first on DealStreetAsia.

EPF has been open to increasing its overseas portfolio to diversify its investment risk.

The post Malaysia’s EPF said to have acquired London office block for $379m appeared first on DealStreetAsia.

It is exploring setting up a vehicle to take over the debt of Malaysia Airlines and AirAsia.

The post Malaysia explores debt options, M&A to bail out airlines appeared first on DealStreetAsia.

Measures announced by the govt, such as tax and loan deferments, are unlikely to boost VC investments.

The post Malaysia’s latest stimulus package gets thumbs down from businesses, investors appeared first on DealStreetAsia.

The current crisis demands greater use of digital services over good quality, resilient broadband infrastructure.

The post COVID-19 could alter trajectory of ASEAN’s digital economy growth, says World Bank economist appeared first on DealStreetAsia.

The company plans to complete as many as seven mergers and acquisitions over the next two years.

The post Malaysian drone firm Aerodyne to seize global M&A opportunities amid virus turbulence appeared first on DealStreetAsia.

The program will provide 20-40 million ringgit to Malaysian companies looking for capital.

The post Malaysia’s COPE Private Equity launches $41m program to back local businesses appeared first on DealStreetAsia.

The co-working sector is likely to stare at a spate of consolidations as lockdown drags down revenues of companies.

The post SEA’s co-working operators fight for survival amid COVID-19 outbreak appeared first on DealStreetAsia.

The Malaysian government has been seeking a strategic partner for its financially ailing national airline.

The post Malaysia Airlines, Khazanah in talks with government to seek more funds appeared first on DealStreetAsia.

The US Department of Justice last year said it had recovered $1 billion in assets associated with the corruption scandal, its largest-ever civil forfeiture.

The post US returns another $300m of recovered 1MDB funds to Malaysia appeared first on DealStreetAsia.

Bursa Malaysia said both exchanges would collaborate on several areas of mutual interest aimed at strengthening ties and promoting the flow of investment.

The post Malaysia, Shenzhen stock exchanges sign MoU to improve cross-border collaboration appeared first on DealStreetAsia.

Divestment activity jumped nearly four times to $145.03 million from $36.99 million a year ago, SC data shows.

The post Malaysia’s PE, VC sector sees slight dip in total fund commitment in 2019 appeared first on DealStreetAsia.

Ekuinas CEO Syed Yasir said the current market volatility is an opportunity to acquire distressed assets.

The post Ekuinas CEO says lower startup valuations to spark M&A frenzy appeared first on DealStreetAsia.

The firm is offering 5 per cent of its existing outstanding shares, priced at a discount between 1.49-1.52 ringgit per share.

The post Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital appeared first on DealStreetAsia.