(This August 31 story is refiled to add dropped word founding to Ertl’s title in paragraph 13) By Allison Martell and Julie Steenhuysen TORONTO/CHICAGO (Reuters) – High-profile COVID-19 vaccines developed in Russia and China share a potential shortcoming: They... More »
SEOUL (Reuters) – South Korean prosecutors indicted Samsung Group’s Jay Y. Lee on Tuesday on suspicion of accounting fraud and stock price manipulation in connection with a 2015 merger, dealing a new blow to the head of one of Asia’s most valuable companies. L... More »
SYDNEY (Reuters) – Australia does not know why Chinese authorities have detained Australian citizen and television anchor Cheng Lei, Trade Minister Simon Birmingham said on Tuesday, adding to the mystery why the journalist has been taken into custody. The Aust... More »
MANILA (Reuters) – The Philippines will not halt infrastructure projects involving Chinese firms blacklisted by ally the United States and will act in its own interests, not those of a foreign power, the president’s spokesman said on Tuesday. President Rodrigo... More »
NEW DELHI (Reuters) – Heavily indebted Indian telecoms firm Vodafone Idea (VODA.NS) won some reprieve on Tuesday as the country’s top court gave mobile carriers 10 years to settle government dues, but the company’s longer-term problems are not over. Vodafone I... More »
SINGAPORE/AMSTERDAM (Reuters) – Low yields at home are sending some previously shy European investors into Asia’s credit markets, money managers say, lured by the promise of higher returns and a hope that rebounding economies can hold defaults at bay. Unlike i... More »
ISTANBUL (Reuters) – Turkish police have arrested the Islamic State militant group’s top figure in Turkey, Interior Minister Suleyman Soylu said on Tuesday. Soylu said on Twitter “important plans” had been seized along with the militant. No further details wer... More »
BANGKOK (Reuters) – Thai police arrested a student leader on Tuesday as part of a continued crackdown against political activists who helped organize an anti-government protest in July, a police officer told Reuters. Jutatip Sirikhan, 21, the president of the ... More »
TOKYO (Reuters) – Japan’s top government spokesman, Yoshihide Suga, moved a step closer to becoming the next premier after the ruling party decided on Tuesday on a slimmed-down leadership vote that favours the long-time lieutenant of Prime Minister Shinzo Abe.... More »
(Reuters) – Angelique Kerber has not won a title since 2018 but the former world number one is hoping better days lie ahead after rehiring compatriot Torben Beltz as her coach and restoring a partnership that helped the German win two of her three Grand Slam t... More »
TOKYO (Reuters) – Japanese ruling party heavyweight Fumio Kishida, who has declared his candidacy for the party leadership, said on Tuesday he can show strength in the economic and foreign policy fields and he wants to be a leader who listens to the people. Ki... More »
SYDNEY (Reuters) – Australia’s trade minister, Simon Birmingham, said Canberra didn’t know why Chinese authorities had detained Australian citizen Cheng Lei, as he warned that the risks for Australian businesses engaged with China had changed. The Australian g... More »
SEOUL (Reuters) – Two South Korean military intelligence officers have been indicted on charges of raping a North Korean defector, the South’s defense ministry said on Tuesday. According to Yonhap news agency, the victim filed a criminal complaint last year, a... More »
NEW YORK (Reuters) – Japan’s Naomi Osaka says she wants to spread awareness about racial injustice after the former U.S. Open champion walked onto court with a mask bearing the name of Breonna Taylor on Monday. Osaka, who moved to the United States as a three-... More »
NEW YORK (Reuters) – Japan’s Naomi Osaka showed no signs of discomfort from the injury that forced her to miss a final on Saturday but the former U.S. Open champion had to dig deep to beat compatriot Misaki Doi 6-2 5-7 6-2 in her opener at Flushing Meadows. A ... More »
LOS ANGELES (Reuters) – K-Pop band BTS roared to the top of the Billboard Hot 100 singles charts in the United States on Monday, becoming the first Korean pop act to debut at No. 1. “Dynamite,” the first all-English language single from the seven-member boy ba... More »
(Reuters) – The modified common cold viruses behind high-profile COVID-19 vaccine candidates from China’s CanSino Biologics (6185.HK) and Russia’s Gamaleya Institute have been studied for decades, but are still not widely used. The following are some details o... More »
NEW DELHI (Reuters) – India’s top court on Tuesday gave telecom firms 10 years to pay back dues they owe to the federal government after they failed to make the payment by the January deadline. Telecom providers in India pay the Department of Telecommunication... More »
SYDNEY (Reuters) – Facebook Inc (FB.O) on Tuesday said it would stop Australians sharing news content on its platforms if a proposal to make it pay local media outlets for their content becomes law, escalating tension with the Australian government. Under Aust... More »
SYDNEY (Reuters) – Facebook Inc (FB.O) said it will block news sharing on its platforms in Australia if the government goes ahead with a law to force it, and Alphabet Inc’s (GOOGL.O) Google, to pay local media outlets for featuring their content on its platfor... More »
MANILA (Reuters) – The Philippines will not halt infrastructure projects involving Chinese firms blacklisted by ally the United States and will make its own decisions, not those of a foreign power, the president’s spokesman said on Tuesday. President Rodrigo D... More »
TOKYO (Reuters) – Whoever succeeds Shinzo Abe as Japan’s prime minister will be confronted with growing signs that the job market is deteriorating in an economy laid low by the coronavirus pandemic. Top government spokesman Yoshihide Suga is emerging as a fron... More »
(Reuters) – Apple Inc (AAPL.O) has asked suppliers to make at least 75 million 5G iPhones for later this year, along with new Apple Watch models, a new iPad Air and a smaller HomePod, Bloomberg News reported on Tuesday. The company expects shipments of these n... More »
SEOUL (Reuters) – South Korean prosecutors indicted Samsung Group leader Jay Y. Lee on charges of manipulating stock prices and breach of trust in order to cement control of the group, a prosecution official said on Tuesday. Considering the gravity of manipula... More »
NEW YORK(Reuters) – Highlights of the first day at the U.S. Open on Monday (times ET- GMT-4). The Grand Slam, the second this year after Wimbledon was cancelled and the French Open was postponed, is being played without spectators due to the COVID-19 pandemic:... More »
(Reuters) – Facebook Inc said on Tuesday that it was preparing for Myanmar’s general election in November by improving the detection and removal of hate speech and content that incites violence and preventing the spread of misinformation. The company said in a... More »
SYDNEY (Reuters) – Australia’s second-most populous state Victoria, the epicentre for COVID-19 infections in the country, on Tuesday reported its lowest rise in virus-related deaths in two weeks as a second-wave outbreak eases. Victoria said five people died f... More »
BEIJING (Reuters) – Mainland China reported 10 new COVID-19 cases on Aug. 31, down from 17 reported a day earlier, the country’s health authority said on Tuesday. The National Health Commission said in a statement that all new cases were imported infections in... More »
NEW YORK (Reuters) – Berkshire Hathaway Inc’s $6.2 billion foray into Japan’s five largest trading houses may signal billionaire Warren Buffett’s expectation that inflation and a falling U.S. dollar may make international equities more attractive when economie... More »
TOKYO (Reuters) – A popular Tokyo amusement park on Monday closed its doors for the last time after being in business for more than nine decades, with part of the site set to make way for a “Harry Potter” theme park. Toshimaen amusement park, which opened in 1... More »
(Reuters) – A three-year-old girl entangled in the tail of a giant kite survived a terrifying ride after being swept more than 100 feet (30 metres) into the air during a kite festival in Taiwan, video footage posted on social media on Sunday showed. Horrified ... More »
BENGALURU (Reuters) – Funds recommended equity holdings be trimmed to the lowest in over four years in August, despite record-breaking gains by world stocks, as the pandemic drags on and new data suggest the nascent economic rebound is stalling, Reuters polls ... More »
SINGAPORE (Reuters) – From the high balcony of a Singapore public housing block, an environment official steadies his mosquito launcher, the latest contraption authorities have devised to combat a record outbreak of the tropical disease dengue. With the click ... More »
NEW DELHI (Reuters) – In his golden-hued office, decked out with peacock feathers and crystal balls, Indian mystic healer and astrologer Sanjay Sharma is busy offering his clients a peek into their future as the COVID-19 pandemic has muddied their present. “Ri... More »
DONG HOA, Vietnam (Reuters) – While coronavirus lockdowns caused many men across the world to grow their hair longer than usual, none compare with Vietnam’s Nguyen Van Chien who has gone almost 80 years without a trim. The 92-year-old from the southern Mekong ... More »
LONDON (Reuters) – The option of a one-time payment holiday during times of intense crisis might enable countries to pandemic-proof their bonds, a prominent debt fund believes. Economic fallout from COVID-19 has triggered a record number of sovereign defaults ... More »
WELLINGTON (Reuters) – The gunman who killed 51 Muslim worshippers in New Zealand’s worst mass shooting faces a life prison term, possibly without parole, with multi-day sentencing hearings taking place this week. Brenton Tarrant, an Australian, has pleaded gu... More »
(Reuters) – Former U.N. Ambassador Nikki Haley may have fired up speculation about a 2024 presidential bid on Monday, delivering a speech at the Republican National Convention that praised President Donald Trump while touting her own accomplishments and life s... More »
BEIJING (Reuters) – China said on Tuesday it agreed with the United States to continue pushing forward the implementation of the bilateral Phase 1 trade deal reached earlier this year during a call between the two countries’ top trade negotiators. Vice Premier... More »
SHANGHAI (Reuters) – For Zeng Sheng, the manager at Shanghai Maiyi Arts, this autumn should have been a boon for business: with the U.S. presidential election, demand for the centre’s wax replicas of Donald Trump should have been off the charts. Instead, the s... More »
TOKYO (Reuters) – Finding the pandemic scary? A Japanese group is trying to take people’s minds off COVID-19 – by putting them in coffins surrounded by chainsaw-wielding zombies. Customers this weekend in Tokyo can lie in a 2-metre (6 1/2-foot) windowed box, l... More »
TOKYO (Reuters) – Japanese artist Hiroko Takahashi fought through sexism and suspicion from traditional kimono artisans to establish a globally known brand that sold hundreds of her original garments every month – until the coronavirus devastation hit. Takahas... More »
SINGAPORE (Reuters) – U.S streaming giant Netflix is ramping up its mobile-only subscription plans in Southeast Asia and expanding local content, senior executives told Reuters, just as arch-rival Disney arrives in the fast-growing market. The world’s biggest ... More »
WELLINGTON (Reuters) – New Zealand’s prime minister postponed the country’s general election on Monday by a month to Oct. 17 as the city of Auckland remains in lockdown due to a growing coronavirus outbreak. Jacinda Ardern bowed to pressure to delay the polls ... More »
MINSK (Reuters) – Belarusian opposition politician Sviatlana Tsikhanouskaya said on Monday she was ready to lead Belarus and called for the creation of a legal mechanism to ensure that a new fair presidential election could be held. Speaking in a video address... More »
TOKYO (Reuters) – Japan was hit by its biggest economic slump on record in the second quarter as the coronavirus pandemic emptied shopping malls and crushed demand for cars and other exports, bolstering the case for bolder policy action to prevent a deeper rec... More »
NEW DELHI (Reuters) – Indian politicians are trading barbs over a media report that Facebook Inc’s (FB.O) content policies favoured Prime Minister Narendra Modi’s party, putting the social network at the centre of a political storm in its biggest market by use... More »
SHENZHEN, China (Reuters) – Chinese drone giant SZ DJI Technology Co Ltd has been making sweeping cuts to its global sales and marketing teams as it faces coronavirus headwinds and mounting political pressure in key markets, current and former staff told Reute... More »
BEIJING (Reuters) – China’s vaccine specialist CanSino Biologics Inc has won a patent approval from Beijing for its COVID-19 vaccine candidate Ad5-nCOV, state media reported, citing documents from the country’s intellectual property regulator. It is the first ... More »
DUTTA NAGAR, India (Reuters) – Until late March, Ashish Kumar was helping to make plastic boxes for Ferrero Rocher praline chocolates and the plastic spoons tucked inside Kinder Joy eggs to scoop out the milky sweet cream inside. With a diploma in plastic moul... More »
SHANGHAI (Reuters) – Geely Automobile Holdings Ltd on Monday booked a 43% drop in half-year profit and trimmed its full-year sales goal, sending its shares down 4%, as the coronavirus outbreak continues to trouble the world’s biggest auto market. The results c... More »
KUALA LUMPUR (Reuters) – Malaysia’s northern state of Penang has barred entry by overseas visitors seeking medical treatment until it finalises new health and safety procedures in light of the coronavirus crisis, the chief minister said on Monday. Authorities ... More »
SYDNEY (Reuters) – Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend and maybe take some pressure off the beleaguered dollar.... More »
1/WALL STREET WATCHES WASHINGTON U.S. lawmakers negotiating a fresh dose of stimulus have reached an impasse. Trillions of dollars injected by the Federal Reserve and huge government spending increases have stemmed coronavirus-linked economic damage, fuelling ... More »
(Reuters) – Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next as uncertain prospects for a recovery in fuel demand after the coronavirus pandemic triggered losses. The pandemic initially cut... More »
SINGAPORE (Reuters) – The dollar slipped marginally and commodity currencies inched higher on Monday as investors were relieved by a delay in the review of the U.S.-China trade pact which left the deal intact. The moves in the Asia session were modest, as weak... More »
BANGKOK (Reuters) – Thailand’s economy saw its biggest annual contraction in 22 years and a record quarterly fall in the April-June period, as the coronavirus pandemic and restriction measures hit tourism, exports and domestic activity, prompting an outlook do... More »
SYDNEY (Reuters) – The leader of Australia’s New South Wales state apologised on Monday for failing to stop people carrying the novel coronavirus from disembarking from a cruise ship in Sydney in March, triggering what was at the time Australia’s worst outbrea... More »
(Reuters) – Evidence used by the United States to justify the extradition of Huawei Technologies Chief Financial Officer Meng Wanzhou is “unreliable and defective” and should not be considered by a Canadian court, Meng’s lawyers argued in documents released to... More »
SYDNEY (Reuters) – Alphabet Inc’s (GOOGL.O) Google on Monday said a proposed antitrust law in Australia forcing tech firms to pay for news that appears on their social media websites would adversely impact individual content creators and channel operators. Goo... More »
WELLINGTON (Reuters) – New Zealand’s Finance Minister Grant Robertson said on Monday that the new wage subsidy scheme is forecast to cost about NZ$510 million ($333.80 million) and cover 470,000 jobs. The scheme was announced last week after New Zealand locked... More »
(Reuters) – British Trade Secretary Liz Truss pledged to fight U.S tariffs on Scotch whisky, calling them “unacceptable and unfair” in an op-ed in the Telegraph on Sunday. “I will fight to consign these unfair tariffs to the bin of history”, she wrote (AIR.PA)... More »
(Reuters) – Japan’s Kei Nishikori said on Sunday he had tested positive for COVID-19 while in Florida – just two weeks ahead of the U.S. Open that begins in New York on Aug. 31. The 30-year-old former world number four has been staying at the IMG Academy in Br... More »
(Reuters) – Yamaha’s Valentino Rossi has urged riders who make their way up to the premier class to exercise caution when fighting for track positions to avoid a repeat of the horror collision that halted the Austrian Grand Prix on Sunday. The red flag came ou... More »
WASHINGTON (Reuters) – U.S. President Donald Trump now has a verified account on TikTok competitor Triller, another sign of the White House’s disfavor toward the ByteDance-owned video-sharing app. Triller is one of several TikTok alternatives that have experie... More »
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi may recall lawmakers from a summer recess to address changes at the Postal Service that have prompted anger among Democrats and alarm about possible impact on the 2020 election. A Democratic congressional ... More »
BEDMINSTER, N.J. (Reuters) – U.S. President Donald Trump said on Saturday he could exert pressure on more Chinese companies such as technology giant Alibaba (BABA.N) after he moved to ban TikTok. Asked at a news conference whether there were other particular C... More »
(This August 13 story corrects to show that 2019 and 2020 H1 results are based on different accounting standards in paragraph 3, changes percentage change to profit figure in paragraph 1) By Joyce Lee SEOUL (Reuters) – Big Hit Entertainment, the management lab... More »
NEW YORK (Reuters) – Stocks fell on Friday as data out of China, the euro zone and the United States put a lid on expectations for a sustained global rebound, with traders already worried about a delay in U.S. fiscal stimulus. A review of the U.S.-China trade ... More »
(Reuters) – U.S. equity, municipal and taxable bond funds posted inflows in the week ended on Wednesday, while money market fund saw outflows, according to Lipper. U.S. equity funds registered $5.6 billion in inflows in the week ended on Wednesday, according t... More »
BEIJING (Reuters) – Four famous amateur model grandmothers took off their masks during a saunter down the streets of Beijing on Thursday to demonstrate life returning to normal as the COVID-19 pandemic eases. Glamma Beijing, a group of four women who met durin... More »
WASHINGTON (Reuters) – Scientists have identified a chemical compound released by locusts that causes them to swarm, opening the door to possible new ways to prevent these insects from devouring crops vital to human sustenance as they have for millennia. Resea... More »
KUANTAN, Malaysia (Reuters) – Some skin, eggs and tissue samples are all that remain of Malaysia’s last rhino, Iman, who died last November after years of failed breeding attempts. Now scientists are pinning their hopes on experimental stem cell technology to ... More »
LONDON (Reuters) – Exhibits showcasing humanity’s battle with infectious disease will greet visitors recently emerged from coronavirus lockdowns when London’s Science Museum re-opens its doors next week after its longest closure since World War II. “Medicine: ... More »
MINSK (Reuters) – Belarusian President Alexander Lukashenko won a landslide re-election victory, the central election commission said on Monday, after bloody clashes between riot police and thousands of protesters who said the poll was rigged. Figures from the... More »
HONG KONG (Reuters) – Hong Kong media tycoon Jimmy Lai became the highest-profile person arrested under a new national security law on Monday, detained over suspected collusion with foreign forces as around 200 police searched the offices of his Apple Daily ne... More »
SHANGHAI (Reuters) – Microsoft Corp has emerged as the most likely buyer of the U.S. operations of TikTok, the popular Chinese short-video app that U.S. President Donald Trump is preparing to effectively ban on national security grounds. A deal would be in lin... More »
TAIPEI (Reuters) – Chinese air force jets briefly crossed the mid-line of the Taiwan Strait on Monday and were tracked by Taiwanese missiles, Taiwan’s government said, as U.S. health chief Alex Azar visited the island to offer President Donald Trump’s support.... More »
BEIJING (Reuters) – China said it would apply sanctions against 11 U.S. citizens including officials from Monday in response to Washington’s move on Friday to impose sanctions on 11 Hong Kong and Chinese officials whom it accused of curtailing political freedo... More »
LONDON (Reuters) – Global commercial insurance rates rose 19% in the second quarter, driven higher by claims related to COVID-19 and other large losses, insurance broker Marsh said on Monday. The rate rise was the highest since Marsh began its commercial insur... More »
HONG KONG (Reuters) – Hong Kong reported 69 new coronavirus cases on Monday, of which 67 were locally transmitted, as authorities battled to contain a resurgence of the virus over the last six weeks. Since late January, over 4,000 people have been infected in ... More »
DUBAI (Reuters) – Iran said on Monday that countries should refrain from politicising the massive blast in Beirut last week, and that the United States should lift sanctions against Lebanon. “The blast should not be used as an excuse for political aims … the c... More »
SHANGHAI (Reuters) – The former head of China’s securities regulator has raised concern about banks addressing funding shortages by ramping up issues of short-term interbank debt instruments that have in the past attracted regulatory scrutiny. Xiao Gang, forme... More »
NEW DELHI (Reuters) – India’s government plans to promote the manufacturing of selected products, especially lines in which China enjoys a big share in the global market, as part of efforts to reduce imports and push exports, a cabinet minister said on Monday.... More »
LONDON (Reuters) – European shares rose on Monday as industrial activity in China gained strength, another sign of recovery from the coronavirus pandemic that added to hopes the global economy would also return to health. The broader Euro STOXX 600 rose 0.6%, ... More »
JAKARTA (Reuters) – Indonesia reported 1,687 new coronavirus cases on Monday, bringing its total to 127,083, data from government’s COVID-19 task force showed. The Southeast Asian country also added 42 new deaths, taking that total to 5,765, data showed. Sourc... More »
KABUL (Reuters) – Long-awaited peace negotiations between the Afghan government and the Taliban were expected to start in Qatar within a week once the final batch of Taliban prisoners were released, the U.S. special envoy and Afghan government sources said on ... More »
LONDON (Reuters) – The dollar rose in early London trading on Monday, including versus the euro and Swiss franc, with investors focusing on fiscal stimulus in the United States and U.S.-China tensions ahead of key trade talks on August 15. After talks in Washi... More »
SYDNEY (Reuters) – Australia recorded its biggest one-day rise in COVID-19 deaths on Monday although a slowdown in new cases gave hope that a second wave of new infections in the state of Victoria may have peaked. Nineteen people had died from the virus, all i... More »
SYDNEY (Reuters) – Australian companies are likely to deliver smaller dividends in what is forecast to be the country’s worst earnings season in a decade because of the coronavirus pandemic, with even firms that benefited from the upheaval expected to show cau... More »
DUBAI (Reuters) – State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world’s biggest oil exporter. But the company stuck with plans to pay $... More »
BEIJING (Reuters) – China’s factory deflation eased in July, driven by a rise in global oil prices and as industrial activity climbed back towards pre-coronavirus levels, adding to signs of recovery in the world’s second-largest economy. The producer price ind... More »
(Reuters) – Korean automaker Hyundai Motor Co (005380.KS) is creating a family of electric vehicles it will sell under the Ioniq brand as part of its drive to become the world’s third-largest seller of EVs by 2025, the company said on Sunday. Hyundai said the ... More »
SEOUL (Reuters) – Hyundai Motor Co (005380.KS) stock jumped as much as 10.2% on Monday to its highest price since May 2018, after the automaker said it would create a family of Ioniq-brand electric vehicles (EVs) as it aims to become the third-largest EV maker... More »
SHANGHAI (Reuters) – China reported on Monday 49 new coronavirus cases in the mainland for August 9, compared with 23 cases a day earlier, the health authority said. The National Health Commission said in a statement 35 of the new infections were imported case... More »
WASHINGTON (Reuters) – Chinese government-linked hackers have been targeting U.S. election infrastructure ahead of the 2020 presidential election, White House National Security Adviser Robert O’Brien said on Sunday, indicating a more active level of alleged Ch... More »
NEW DELHI (Reuters) – India’s plan to regulate “non-personal” data has jolted U.S. tech giants Amazon, Facebook and Google, and a group representing them is preparing to push back against the proposals, according to sources and a letter seen by Reuters. A gove... More »
NEW DELHI (Reuters) – Indian food delivery company Zomato said on Saturday it would give female employees up to 10 days of “period leave” per year, as part of an effort to combat what it said was stigma around the issue. Zomato is the most high profile organis... More »
SHANGHAI/SHENZHEN, China (Reuters) – Huawei Technologies Co [HWT.UL] will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows. U.S. pressure on Huawei’s ... More »
LONDON (Reuters) – British broadcaster ITV will this year hold its reality TV show “I’m A Celebrity … Get Me Out of Here” in a ruined English castle in winter instead of the heat of the Australian jungle, as COVID-19 restrictions make global travel all but imp... More »
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