LONDON (Reuters) – European shares picked up on Tuesday after a weak start, extending the optimism of the Asian session, and oil prices steadied as investors looked for signs of an economic recovery in the second half of 2020. The MSCI world equity index, whic... More »
MUMBAI (Reuters) – The Indian government will extend a free foodgrain distribution scheme for 800 million people amid the ongoing pandemic until the end of November, Prime Minister Narendra Modi said in a national address on Tuesday. Modi said thousands of liv... More »
LONDON (Reuters) – Prime Minister Boris Johnson said on Tuesday that Britain needed to protect its critical national infrastructure from “hostile state vendors” when deciding what role China’s Huawei should play in the country’s 5G network. Britain is taking a... More »
WASHINGTON (Reuters) – The United States began eliminating Hong Kong’s special status under U.S. law on Monday, halting defense exports and restricting the territory’s access to high technology products as China prepares new Hong Kong security legislation. The... More »
PARIS (Reuters) – The European Union will plough more money into rocket launches, satellite communication and space exploration to preserve its often unsung successes in space and keep up with US and Chinese ambitions, its space chief said on Sunday. Over the ... More »
LONDON (Reuters) – BlackRock’s Investment Institute said on Tuesday it was “warming up” to European assets following what it called the eurozone’s “impressive” efforts to tackle the coronavirus. The research arm of the world’s biggest fund manager said two fac... More »
SHANGHAI (Reuters) – China’s notorious dog-meat festival has opened in defiance of a government campaign to improve animal welfare and reduce risks to health highlighted by the novel coronavirus outbreak, but activists are hopeful its days are numbered. The an... More »
LONDON (Reuters) – World stocks reversed earlier losses and the dollar slid on Monday as investors shrugged off worries that rising coronavirus infections in parts of Europe and the United States over the weekend could scupper a quick economic rebound. Torn be... More »
BEIJING (Reuters) – China’s capital will see a “cliff-like” drop in new cases in a recent outbreak of the novel coronavirus by the end of this week with efforts to cut chains of transmission underway, a disease control expert said. The city of more than 20 mil... More »
TAIPEI (Reuters) – Chinese air force jets, including at least one bomber, briefly entered Taiwan’s air defence identification zone on Monday, before being warned off by its air force, the island’s military said, the eighth such encounter in two weeks. The enco... More »
DUBAI (Reuters) – The global coronavirus pandemic has been exacerbated by polititicisation, the World Health Organization’s director general said on Monday. Tedros Adhanom Ghebreyesus was speaking at a virtual health forum organised by the World Government Sum... More »
BEIJING (Reuters) – China said on Monday it reserves the right to respond to a Japanese city’s decision to rename the administrative area that includes remote islands claimed by both China and Japan and have long been a source of friction between the neighbour... More »
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Sunday that Sept. 15 is the tentative date for the company’s shareholder meeting and its “Battery Day” at which it is expected to reveal significant advances in battery technology. The ba... More »
BEIJING (Reuters) – China reported 18 new coronavirus cases for June 21, 9 of which were in the capital Beijing, the National Health Commission said on Monday. This compared with 26 confirmed cases a day earlier, 22 of which were in Beijing. Local authorities ... More »
BEIJING (Reuters) – Beijing’s municipal health authority reported on Monday nine new cases of the coronavirus in the city for June 21, down from 22 a day earlier. The city of more than 20 million people reported its first case in the latest wave on June 11. Th... More »
CHIAYI, Taiwan (Reuters) – A shimmering ring of light flashed into view on Sunday in parts of the eastern hemisphere as the moon drifted across the face of the sun in a rare eclipse on the longest day of the year. The path of the eclipse spanned East Asia, Sou... More »
WASHINGTON (Reuters) – White House trade adviser Peter Navarro on Sunday said he was in the room with President Donald Trump and Chinese President Xi Jinping when they met, but never heard the U.S. president ask for China’s help in winning re-election. Navarro... More »
BEIJING (Reuters) – China indefinitely postponed on Tuesday the launch of the final satellite of its Beidou navigation network because of technical problems in the rocket meant to launch it into orbit. The official website for the Beidou network said in a stat... More »
(Reuters) – The U.S. will amend its prohibitions on U.S. companies doing business with China’s Huawei to allow them to work together in standards settings for next generation 5G networks, according to people familiar with the matter. The U.S. Commerce Departme... More »
BEIJING (Reuters) – On a sweltering Beijing afternoon, police vehicles blocked roads near the Guangan Sports Center complex and security guards warned the public to stay clear as residents filed in for testing amid the city’s COVID-19 outbreak. Staff in white ... More »
BEIJING (Reuters) – Several districts of the Chinese capital put up security checkpoints, closed schools and ordered people to be tested for the coronavirus on Monday after an unexpected spike of cases linked to the biggest wholesale food market in Asia. After... More »
BEIJING (Reuters) – Delta Air Lines (DAL.N) has received approval from the Shanghai government to resume flights from June 18, a company spokeswoman said on Monday, paving the way for the carrier to resume services to China after months of suspension due to CO... More »
HONG KONG (Reuters) – Chinese gaming giant NetEase on Monday announced a strategic partnership with Warner Bros Interactive Entertainment to develop a new “Lord of the Rings” mobile game, bolstering its pipeline following its secondary listing in Hong Kong. Th... More »
BEIJING (Reuters) – The Chinese Beidou navigation network will be complete this month when its final satellite goes into orbit, giving China greater independence from U.S.-owned GPS and heating up competition in a sector long dominated by the United States. Th... More »
WASHINGTON (Reuters) – A tiny statuette of a bird carved from burnt bone about 13,500 years ago reveals the origins of Chinese art, embodying a style different from prehistoric three-dimensional artwork by people in other parts of the world, researchers said o... More »
GENEVA (Reuters) – A United Nations human rights expert voiced alarm on Tuesday at what he called “widespread food shortages and malnutrition” in North Korea, made worse by a nearly five-month border closure with China and strict quarantine measures against CO... More »
SYDNEY/HONG KONG (Reuters) – Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways (0293.HK), which like other airlines has been hit by a global travel slump triggered by the coronavirus pandemic. The government’s involvement in the recapitalisatio... More »
BRUSSELS (Reuters) – Foreign state-backed or state-owned companies seeking to acquire European companies may be investigated to see if they are benefiting from unfair subsidies, EU antitrust chief Margrethe Vestager said on Tuesday. “They (foreign subsidies) c... More »
LONDON (Reuters) – G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider pool of assets to better balance investment portfolios during stressful times. Corporate and Chinese government debt... More »
LONDON (Reuters) – The coronavirus might have been spreading in China as early as August last year, according to Harvard Medical School research based on satellite images of hospital travel patterns and search engine data, but China dismissed the report as “ri... More »
NEW YORK (Reuters) – While some potential vaccines have emerged in the global race to find a way to stop the spread of COVID-19, many scientists and researchers believe antibody based therapies hold great promise for treating people already infected with the d... More »
HSINCHU, Taiwan (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) could quickly fill any order gap should U.S. restrictions against Huawei Technologies Co Ltd [HWT.UL] prevent sales to the Chinese firm, the company’s chairman said on Tuesd... More »
HSINCHU, Taiwan (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) is still in talks with the U.S. government about subsidies for its new plant in Arizona, chairman Mark Liu said on Tuesday. “We hope federal and state governments could make... More »
WASHINGTON (Reuters) – The U.S. units of China Telecom Corp’s (0728.HK) and China Unicom (0762.HK) urged the Federal Communications Commission (FCC) not to revoke the company’s nearly two-decade old authorization to provide international telecommunications ser... More »
SHANGHAI (Reuters) – Alibaba Group said its cloud unit aims to recruit 5,000 staff globally from now until the end of this financial year, in areas including network, database, servers, chips and artificial intelligence, it said in a statement on Tuesday. “The... More »
PARIS (Reuters) – An art gallery in Paris has sought inspiration in ancient China to help it enforce social distancing, by providing hats with winged extensions for visitors. The colourful papier-mâché hats are modelled on headgear from the Song dynasty, which... More »
BEIJING (Reuters) – China will promote the resumption of the tourism, culture and sports sectors, a top-level meeting chaired by Premier Li Keqiang said on Thursday, state radio reported. Source: https://www.reuters.com/article/us-health-coronavirus-china/chin... More »
(Reuters) – The following is a brief roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Convalescent plasma disappoints in Chinese trial Infusions... More »
LONDON (Reuters) – The coronavirus crisis may have dealt a lethal blow to the idea that the euro could one day replace the dollar as the world’s preferred currency, by exposing euro zone frailties and cementing the U.S. Fed’s role as global lender of last reso... More »
LONDON (Reuters) – Investors are bearish on stocks, especially riskier assets, and expect a slower economic recovery as the risk of a second wave of infections from the novel coronavirus persists, a BofA fund manager survey showed. World stocks have bounced ba... More »
BEIJING (Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) suffered a slump of 64% in car registrations in China in April on the month, data from auto consultancy LMC Automotive showed. Tesla’s China registrations, including imported cars, fell to 4,63... More »
LONDON (Reuters) – The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday. I... More »
BEIJING (Reuters) – After a 78-day delay, China’s parliament begins its annual session this week and is expected to unveil stimulus measures to spur an economy battered by the coronavirus as leaders grapple with problems from surging unemployment to worsening ... More »
SHANGHAI (Reuters) – China is expected to stand pat on its benchmark lending rate on Wednesday, after the central bank kept medium-term funding cost for financial institutions steady last week, a Reuters survey of traders and analysts found. Thirty-four respon... More »
YUYAO, China/SHANGHAI (Reuters) – In the eastern Chinese city of Yuyao, a group of five face-masked workers at a Geely auto plant, stood almost shoulder to shoulder behind an SUV as they conducted paint and other quality checks. That scene would not have been ... More »
(Reuters) – China’s Li Haotong says the disruption to the golf calendar due to the COVID-19 pandemic has made him love the sport even more and he has been using the enforced break to iron out the flaws in his game. The 24-year-old, who last year became the fir... More »
(Reuters) – Walt Disney Co’s (DIS.N) top streaming executive, Kevin Mayer, will leave the entertainment and theme parks giant to become the chief executive officer of TikTok, the popular video app owned by China’s ByteDance Technology Co, the companies said on... More »
(Reuters) – Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations on Monday, as businesses reopen in the world’s second-largest economy after strict lockdowns to curb the spread of the coronavirus. Baidu’s U.S.-listed shares ... More »
WASHINGTON (Reuters) – NASA on Friday set the stage for a global debate over the basic principles governing how humans will live and work on the moon, as it released the main tenets of an international pact for moon exploration called the Artemis Accords. The ... More »
COPENHAGEN (Reuters) – A new work by Chinese dissident artist Badiucao in support of Hong Kong pro-democracy protesters shows the image of a lone man standing in the path of a tank taken on Tiananmen Square in 1989. But in Badiucao’s version of the photograph,... More »
BEIJING/WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers in Beijing were urging fresh talks and possibly invalid... More »
BEIJING (Reuters) – China’s health authority said on Tuesday that the reappearance of local clusters of coronavirus cases in recent days suggests that counter-epidemic measures cannot be relaxed yet. While prevention and control efforts have normalised, that d... More »
SYDNEY (Reuters) – China has suspended imports from four of Australia’s largest meat processors, Australia’s trade minister said on Tuesday, as the trade of several key agricultural commodities suffers in the wake of souring ties. The suspension comes after Au... More »
BEIJING (Reuters) – China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States. China’s fi... More »
SHANGHAI (Reuters) – Smartphone shipments from China’s factories to vendors rose 17% in April compared to the same month a year ago, according to government data released on Tuesday. The numbers suggest an early domestic rebound for smartphone makers such as A... More »
SYDNEY/HONG KONG (Reuters) – Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted. European markets were... More »
(Reuters) – China’s Tencent Music Entertainment (TME.N) narrowly missed market estimates for quarterly revenue on Monday as the COVID-19 crisis hurt the company’s social entertainment services business, sending its shares down 4.5% in extended trade overnight.... More »
HONG KONG (Reuters) – Tim Hortons China said Tuesday it received an investment from Chinese tech giant Tencent, as the Canadian coffee brewer seeks to expand in the Chinese market. Tim Hortons said in a statement on its Weibo it will use the funds to upgrade d... More »
SHANGHAI (Reuters) – Thousands of visitors streamed into Shanghai Disneyland on Monday for the first time in three months as the Chinese park became the first reopened by Walt Disney Co (DIS.N) after the coronavirus pandemic brought the Magic Kingdom to a stan... More »
(Reuters) – U.S.-based stock funds posted $10.8 billion in outflows in the week ended ON Wednesday, according to Lipper. U.S. taxable bond funds attracted $11.9 billion, the fourth straight weekly inflow, while money market funds draw $32.8 billion, the tenth ... More »
NEW YORK (Reuters) – Oil prices were mixed on Monday as countries started to ease coronavirus lockdowns, though a fresh spat between the United States and China over the origin of the virus weighed on prices. Worldwide fuel demand fell by an estimated 30% in A... More »
NEW DELHI (Reuters) – Chinese smartphone maker Xiaomi Corp said on Monday it will launch an e-commerce service in India this week to enable customers stuck at home during a nationwide lockdown to buy its products from their local retailer. The new service, Mi ... More »
BRUSSELS (Reuters) – World leaders launched a pledging “marathon” on Monday – without the United States – to raise at least $8 billion for research into a possible vaccine and treatments for the coronavirus. Organisers included the European Union, non-EU state... More »
WASHINGTON (Reuters) – U.S. President Donald Trump said on Sunday he now believes as many as 100,000 Americans could die in the coronavirus pandemic, after the death toll passed his earlier estimates, but said he was confident a vaccine would be developed by t... More »
ROME (Reuters) – Russia and China are taking advantage of the coronavirus emergency to put their interests forward in Europe, U.S. Defense Secretary Mark Esper said on Monday, describing Chinese efforts to promote Huawei mobile phone network equipment as malig... More »
(Reuters) – For a glimpse at how Disney recovers from the coronavirus pandemic, look no further than Shanghai, where the entertainment giant has staged a limited reopening of Shanghai Disney Resort. Adults, kids and senior citizens wear masks while wandering a... More »
HONG KONG (Reuters) – Researchers at a Hong Kong university say they have developed an antiviral coating which could provide 90 days of “significant” protection against bacteria and viruses such as the one causing COVID-19. The coating, called MAP-1, took 10 y... More »
SHANGHAI (Reuters) – Luckin Coffee (LK.O) said on Monday China’s State Administration for Market Regulation was carrying out work to understand the coffee chain’s operating situation and added that it was actively cooperating. It also said in a statement poste... More »
BERLIN (Reuters) – Adidas (ADSGn.DE) reported a 93% plunge in first-quarter profit and sales off 19%, missing forecasts, and warned of a deeper hit to second-quarter revenue as lockdowns forced the German sportswear maker and other retailers to close stores. F... More »
SYDNEY/HONG KONG (Reuters) – Asian shares bounced on Monday as the Bank of Japan (BOJ) announced more stimulus steps to help cushion the economic impact of the coronavirus, but the recent weak run in the global oil price showed no signs of ending. MSCI’s broad... More »
FRANKFURT (Reuters) – German drugs and pesticides company Bayer said the economic downturn has prompted it to take a tougher stance in talks to settle claims its glyphosate-based weedkillers cause cancer, even as its earnings rose. The pandemic has significant... More »
(This April 26 story has been refiled to correct spelling of commerce ministry official’s first name in paragraph four) BEIJING (Reuters) – China is dropping a requirement that a number of key virus care products get domestic regulatory approval before export,... More »
(Reuters) – More than 2.97 million people have been reported to be infected by the novel coronavirus globally and 205,948 have died, according to a Reuters tally, as of 0200 GMT on Monday. DEATHS AND INFECTIONS * For an interactive graphic tracking the global ... More »
TAIPEI (Reuters) – The U.S. Treasury’s latest semi-annual report on trade practices of its major trading partners which was due this month has been delayed due to the coronavirus pandemic, two sources with direct knowledge at Taiwan’s central bank told Reuters... More »
SHANGHAI (Reuters) – The Chinese city of Wuhan, where the global coronavirus pandemic began, now has no remaining cases in its hospitals, a health official told reporters on Sunday. The novel coronavirus is believed to have originated in a wet market in Wuhan ... More »
BEIJING (Reuters) – Starbucks on Monday said it has entered a strategic partnership with investment firm Sequoia Capital China that will see the two companies make strategic co-investments in China’s technology sector. The U.S. coffee giant said in a statement... More »
(Reuters) – Amazon.com Inc (AMZN.O) is piloting the use of video conference calls to verify the identity of merchants who wish to sell goods on its websites, in a new plan to counter fraud without in-person meetings in the pandemic, the company said on Sunday.... More »
TEL AVIV (Reuters) – Israel’s Corsight AI, which has developed technology to recognize faces concealed by masks, goggles and plastic shields, raised $5 million from Awz Ventures, a Canadian fund focused on intelligence and security technologies. Corsight said ... More »
(Reuters) – New York Governor Andrew Cuomo on Friday pointed to research showing that strains of the novel coronavirus entered his state from Europe, not China, and said that travel bans enacted by U.S. President Donald Trump were too late to halt its spread. ... More »
BEIJING (Reuters) – China’s space agency on Friday unveiled the name of its first Mars exploration mission, coinciding with China’s annual Space Day and the 50th anniversary of the launch of its first satellite. The Mars mission has been named Tianwen-1, the o... More »
BEIJING (Reuters) – Wearing a dress she made of eight giant plastic inflatable roses over a wire structure and a headpiece crowned by a globe, Chinese performance artist Kong Ning is using fashion to draw attention to environmental protection on Earth Day. “Ro... More »
SEOUL (Reuters) – South Korean and Chinese officials on Tuesday cast doubt on reports North Korean leader Kim Jong Un was ill after media outlets said he had undergone a cardiovascular procedure and was in “grave danger”. Daily NK, a Seoul-based speciality web... More »
BEIJING/SHANGHAI (Reuters) – A northwestern province on the frontline of China’s coronavirus battle reported on Tuesday its first cases in nearly three weeks, all involving travellers from overseas, as imported infections started to level off elsewhere. The pr... More »
BEIJING (Reuters) – China is in talks with some countries to establish fast-track procedures to allow travel by business and technical personnel to ensure the smooth operation of global supply chains, the foreign ministry said on Tuesday. Foreign ministry spok... More »
BEIJING (Reuters) – China is handing out billions of yuan in shopping coupons to support retailers crushed by the COVID-19 outbreak, but the subsidies are doing little to support the kind of discretionary spending needed to revive the economy. Instead, a big c... More »
SEOUL (Reuters) – South Korean exports plunged nearly 27% in the first 20 days of April as the coronavirus health crisis paralyzed global manufacturing activity and crushed consumer demand. The worst may be yet to come with many of the country’s top trading pa... More »
BEIJING (Reuters) – The World Health Organization warned on Tuesday that any lifting of lockdowns to contain the spread of the novel coronavirus must be gradual, and if restrictions were to be relaxed too soon, there would be a resurgence of infections. Lockdo... More »
BEIJING (Reuters) – The World Health Organization said on Tuesday that it was concerned about the increasing number of confirmed cases of the new coronavirus in Japan. But Japan is not yet in the stage of a large-scale community outbreak, Takeshi Kasai, WHO Re... More »
(Reuters) – The coronavirus crisis has seen millions locked in their homes turn to videoconferencing apps, bringing with it question marks over security and privacy and a new verb – Zoombombing – the practice of uninvited users crashing into conversations. Fro... More »
(Reuters) – Investors sent record inflows to high-yield corporate bonds and broke a six-week losing streak for investment-grade debt in the week that ended Wednesday as market volatility from the coronavirus crisis began to subside, according to Lipper data re... More »
WASHINGTON (Reuters) – A reddish-colored cigar-shaped interstellar object called ‘Oumuamua that is tumbling through our solar system may be wreckage from a planet ripped apart when it roamed too close to the faraway star it once orbited, according to researche... More »
MANILA (Reuters) – The Asian Development Bank [ADB.UL] announced on Monday it was tripling the size of its rescue package to $20 billion to help developing countries in Asia counter the severe macroeconomic and health effects of the coronavirus pandemic. It pr... More »
TOKYO/SINGAPORE (Reuters) – Global equities weakened on Monday as investors braced for more indications of economic damage from the coronavirus pandemic while oil prices rose in choppy trade following a landmark deal by OPEC and its allies to cut output. U.S. ... More »
SUIFENHE, China (Reuters) – China’s northeastern border with Russia has become a frontline in the fight against a resurgence of the coronavirus epidemic as new daily cases rose to the highest in nearly six weeks – with more than 90% involving people coming fro... More »
BEIJING/SHANGHAI (Reuters) – China has reduced the number of people crossing its borders by 90% as part of its efforts to contain the spread of the coronavirus, an immigration official said on Monday. Speaking at a briefing, Liu Haitao, an official with the Na... More »
BEIJING (Reuters) – China said on Monday there was no discrimination against “African brothers” in the country and rejected U.S. accusations of mistreatment of Africans in Guangzhou as an attempt to harm Beijing’s relations with African nations. Foreign minist... More »
SINGAPORE (Reuters) – Minimal oil price gains on Monday show record output cuts by giant producers will still leave them with a mountain to climb to restore market balance, industry watchers said, with the coronavirus pandemic decimating demand just as stocks ... More »
HO CHI MINH CITY (Reuters) – A Vietnamese entrepreneur in Ho Chi Minh City has invented a 24/7 automatic dispensing machine providing free rice for people out of work following an ongoing nationwide lockdown to curb the spread of the novel coronavirus. Vietnam... More »
TAIPEI (Reuters) – The baseball and soccer seasons got underway behind closed doors in Taiwan at the weekend, providing rare live action for fans at home at a time when the COVID-19 pandemic has shut down most professional sport around the globe. Taiwan has be... More »
SYDNEY (Reuters) – International Table Tennis Federation (ITTF) chief Steve Dainton has suggested the sport’s annual individual world championships be scrapped, with champions instead decided by the winners of the new “Grand Smash” mega tournaments. The world ... More »
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