CAIRO/LONDON/DUBAI (Reuters) – The threat of conflict in Libya, water security worries and a flatlining tourist sector risk upending a nascent rally in Egyptian bonds, bankers and economists say. The North African country has attracted a wave of foreign invest... More »
BEIJING (Reuters) – Profits at China’s industrial firms rose for a second straight month and at the fastest pace in over a year, adding to signs the country’s economic recovery from the coronavirus crisis is gaining momentum. The statistics bureau said on Mond... More »
(Reuters) – Britain’s Andy Murray is still feeling “apprehensive” about travelling to New York for the U.S. Open amid the COVID-19 pandemic but the former world number one says he is mentally preparing for the Grand Slam. The United States has the highest numb... More »
(Reuters) – U.S.-based stock funds in the week ended Wednesday saw $3.3 billion of inflows, according to Lipper. Taxable bond funds attracted $11.1 billion, the fifteenth straight weekly inflow, while U.S. money market funds drew $20.4 billion in the latest we... More »
KUALA LUMPUR (Reuters) – Malaysia is considering making face masks compulsory in public following the emergence of 13 new coronavirus clusters since the government relaxed broad curbs on movement and businesses last month, Prime Minister Muhyiddin Yassin said ... More »
HONG KONG (Reuters) – Global wealth managers are examining whether their clients in Hong Kong have ties to the city’s pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China’s new national security law, according to six people ... More »
MUMBAI/BENGALURU (Reuters) – India’s Infrastructure Leasing & Financial Services (IL&FS) said on Monday it expected to resolve about 57% of its near trillion rupee ($13.35 billion) debt pile even as the pandemic delayed the resolution process in some of the gr... More »
GDANSK/WARSAW (Reuters) – Poland’s industrial output PLIPY=ECI rose by 0.5% in June, better than the 6.9% decline forecast by analysts, who said the statistic office data suggest the economy may overcome the coronavirus crisis faster than initially expected. T... More »
JAKARTA (Reuters) – Indonesia reported on Monday its second-highest daily increase in coronavirus-related deaths with 96 fatalities, a day after registering a record daily jump in deaths, data presented by health ministry official Achmad Yurianto showed. The c... More »
NEW DELHI (Reuters) – Amazon.com Inc’s (AMZN.O) total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the $2 billion mark, two company executives said on Monday. Amazon’s “Global Se... More »
LONDON (Reuters) – The euro and euro zone bond markets held out hope European Union leaders would strike a deal on a recovery fund for the bloc’s pandemic-ravaged economy on Monday, but the region’s stock markets took a cautious turn lower as talks paused. The... More »
BEIJING (Reuters) – China on Monday urged Britain to avoid making further steps down wrong path after reports that it was poised to suspend an extradition treaty for Chinese-ruled Hong Kong. Foreign ministry spokesman Wang Wenbin made the remark during a daily... More »
RIYADH (Reuters) – Saudi Arabia’s 84-year-old ruler, King Salman bin Abdulaziz, has been admitted to hospital in the capital Riyadh, suffering from inflammation of the gall bladder, state news agency SPA said on Monday. The king, who has ruled the world’s larg... More »
DHAKA (Reuters) – Bangladesh has approved the third-phase trial of a potential COVID-19 vaccine developed by China’s Sinovac Biotech Ltd, officials said on Monday, as infections continue to rise in the densely-populated South Asian country. Sinovac has been lo... More »
TOKYO (Reuters) – Japan is aiming to invite Taiwan Semiconductor Manufacturing Co Ltd (2330.TW) or other global chipmakers to build an advanced chip manufacturing plant jointly with domestic chip equipment suppliers, the Yomiuri daily reported on Sunday. The J... More »
(Reuters) – Indian actress Aishwarya Rai Bachchan and her daughter are in hospital after testing positive for coronavirus this week, days after her husband and father-in-law were admitted, the Times of India reported on Saturday. Rai’s father-in-law Amitabh Ba... More »
LAGOS (Reuters) – Oreoluwa Akinnawo is in his element. Lagos’s bars and restaurants are shut and Nigerians are struggling to socialise. The pandemic is his perfect time to find a soul mate online. “The dating thing during this restriction works perfectly for m... More »
LONDON (Reuters) – Investors pumped money into riskier bonds and equity funds, BofA’s weekly fund flow statistics showed on Friday, as unprecedented stimulus measures helped offset worries about rising COVID-19 case numbers in the United States. The policy sup... More »
DUBAI (Reuters) – The United Arab Emirates said on Friday it would launch its mission to Mars on July 20, depending on weather conditions at the launch site in Japan, Dubai’s media office said on Twitter. The launch of the UAE’s Hope Probe from Japan’s Tanegas... More »
LONDON (Reuters) – A growth spurt in the balance sheets of the world’s biggest central banks has crested in recent weeks, drawing warnings from investors that any signs of backpedaling on stimulus will jolt financial markets and strangle economic recovery. The... More »
LONDON (Reuters) – Prime Minister Boris Johnson’s government will ban Huawei from Britain’s 5G network by ordering telecoms companies to remove its equipment by 2027, Media Secretary Oliver Dowden said on Tuesday. Operators will not be able to purchase 5G comp... More »
ANTANANARIVO (Reuters) – Two lawmakers in Madagascar have died of COVID-19 and at least 25 members of parliament and of the senate have been infected with the virus since the first case was confirmed on the island in March, President Andry Rajoelina said late ... More »
JAKARTA (Reuters) – President Joko Widodo said the coronavirus outbreak in Indonesia is expected to peak in August or September, the state news agency Antara reported on Monday, two to three months later than earlier projected. “Based on data the peak is (now)... More »
NEW DELHI/THIRUVANANTHAPURAM (Reuters) – India’s Supreme Court on Monday upheld the right of a former royal dynasty to run the Sri Padmanabhaswamy Temple, one of the world’s richest places of worship, after the state government tried to take it over when the f... More »
MOGADISHU (Reuters) – The head of Somalia’s military escaped unhurt and one civilian was killed on Monday when a suicide attacker drove a bomb-laden car into a convoy in the capital Mogadishu, according to a military spokesman and an ambulance service. The al ... More »
NEW YORK (Reuters) – World equity benchmarks hit a five-month peak and perceived safe -havens such as the dollar and U.S. government bonds dipped on Monday as investors turned to second-quarter earnings for signs that corporate profits will recover from the ec... More »
LONDON (Reuters) – Prime Minister Boris Johnson is set to ban Huawei from Britain’s 5G network in a landmark decision that will anger Beijing but win plaudits from President Donald Trump as the United States grapples with China’s rising economic and technologi... More »
MOSCOW (Reuters) – Russia charged former military journalist Ivan Safronov with state treason on Monday, his lawyer said, accusations that have sent a chill through Russia’s media community which has protested over what it says is his unfair treatment. Securit... More »
SEOUL (Reuters) – One in three South Korean patients seriously ill with COVID-19 showed an improvement in their condition after being given Gilead Sciences Inc’s antiviral remdesivir, health authorities said. More research was needed to determine if the improv... More »
ALMATY (Reuters) – Kazakhstan will extend its second coronavirus lockdown by two weeks until the end of July, and will once again offer financial aid to those who have lost their source of income, President Kassym-Jomart Tokayev said on Monday. Kazakhstan, whi... More »
SHANGHAI (Reuters) – Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.2%, cashing out around $8.2 billion at its current share price, the firm’s annual filing released on Friday showed. The divestm... More »
NEW DELHI (Reuters) – India’s retail inflation picked up in June, pushed by price increases for some food and fuel items, but economists said the central bank could still ease rates because of concerns about economic slowdown caused by lockdown. Annual retail ... More »
TUNIS (Reuters) – Tunisia has asked four countries to delay debt repayments, it said on Monday as it announced more pessimistic economic and budget forecasts for 2020 because of the coronavirus pandemic. It is negotiating with Saudi Arabia, Qatar, France and I... More »
LONDON (Reuters) – British minister Oliver Dowden will make a statement to parliament on Huawei some time after 1130 GMT on Tuesday, the opposition Labour Party said on Twitter. Britain is set to ban Huawei from Britain’s 5G network in a landmark decision that... More »
DUBAI (Reuters) – The United Arab Emirates wants to see a return of Libya’s oil production as soon as possible but with safeguards in place to prevent proceeds from fuelling further conflict in the north African country, a senior Emirati official tweeted on Mo... More »
NEW DELHI (Reuters) – Alphabet Inc’s Google on Monday said it would spend around $10 billion in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key growth market. The investments will be done ... More »
MUMBAI (Reuters) – Fans across India prayed on Monday for Bollywood legend Amitabh Bachchan and others members of his movie star family who have fallen sick with the coronavirus as the one-day rise in infections hit a new record without any sign of a peak. Bac... More »
LONDON (Reuters) – Britain will place a “huge priority” on national security when considering Chinese telecoms firm Huawei’s role in the country’s 5G network, justice minister Robert Buckland said on Monday. “National security comes first … and I know that the... More »
SHANGHAI (Reuters) – Smartphone shipments in China fell 16% in June compared with a year earlier, according to government data released on Tuesday. The numbers suggest that handset demand in China remains lukewarm despite the country’s recovery from the corona... More »
(Reuters) – Tesla Inc (TSLA.O) cut the price of its sport utility vehicle Model Y by $3,000, just four months after its launch, as the U.S. electric carmaker seeks to maintain sales momentum in the COVID-19 pandemic. The reduction follows price cuts in May on ... More »
NEW DELHI (Reuters) – India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The partnership will help Jio Platforms, the unit that houses Relian... More »
WASHINGTON (Reuters) – U.S. President Donald Trump’s planned executive order on immigration will not include amnesty for migrants who are in the United States illegally but arrived in the country as children, a White House spokesman said on Friday. “This does ... More »
(Reuters) – U.S. equity funds in the week ended on Wednesday drew $609 million, the first inflow in four weeks, according to Lipper. U.S. taxable bond funds attracted $12.6 billion, the 13th straight weekly inflow, while money market funds saw $4.7 billion com... More »
TAIPEI (Reuters) – Taiwan would welcome a visit by exiled Tibetan spiritual leader the Dalai Lama, its foreign ministry said on Monday, a trip that would infuriate Beijing which views him as a dangerous separatist. The Dalai Lama has not visited the Chinese-cl... More »
JAKARTA (Reuters) – Indonesia reported 1,209 new coronavirus infections and 70 new deaths on Monday, its health ministry said. The case total is currently 64,958 and number of fatalities 3,241, said Achmad Yurianto, a ministry official. Source: https://www.reu... More »
LONDON (Reuters) – Global stock markets rallied to four-week highs on Monday as investors counted on a revival in Chinese activity to boost global growth, even as surging coronavirus cases delayed business re-openings across the United States. MSCI’s All-Count... More »
LONDON (Reuters) – Britain hopes to permit outdoor and socially distanced performances at cultural venues, minister Oliver Dowden said on Monday, after announcing a nearly $2 billion investment in the arts. “I want all our cultural institutions to return to no... More »
MOSCOW (Reuters) – Russia’s official coronavirus case tally, the fourth largest in the world, rose to 687,862 on Monday after officials reported 6,611 new infections in the last 24 hours. Authorities also said 135 people had died overnight, bringing Russia’s o... More »
LONDON/BERLIN/MILAN (Reuters) – It’s tough to do any useful work when you’re stuck at home, struggling to home-school bickering kids, let alone when you’re trying to produce a COVID-19 vaccine. British drugmaker AstraZeneca (AZN.L) had spent years preparing fo... More »
BEIJING (Reuters) – Ford Motor’s (F.N) China ventures reported year-on-year sales growth for June as the world’s biggest auto market continues to recover from coronavirus-induced lows. The U.S. automaker’s Chongqing-based venture with Changan (000625.SZ) said ... More »
SEOUL (Reuters) – Former team mates of a South Korean triathlete found dead last month after alleging she had been abused by her coaching staff said on Monday athletes endured a living “hell” and were habitually beaten and verbally abused. Choi Suk-hyeon, a me... More »
HANOI (Reuters) – Vietnam’s VinSmart, a unit of Vingroup, has produced its first 5G smartphones in cooperation with the U.S.’s Qualcomm, Vingroup said on Monday. The model, Vsmart Aris 5G, is equipped with a Snapdragon 765G 5G module platform and a quantum sec... More »
MEXICO CITY (Reuters) – Mexican health authorities reported 4,683 confirmed new infections of the novel coronavirus on Sunday, pushing its tally to a total of 256,848, and 273 more deaths to a total of 30,639. Deputy Health Minister Hugo Lopez Gatell has repea... More »
PRAGUE (Reuters) – A Czech film festival disrupted by the COVID-19 pandemic unveiled a scaled-down programme of movies on Friday with an opening ceremony in an empty auditorium and a star-free red carpet. The Karlovy Vary International Film Festival, central a... More »
LUANDA (Reuters) – When the Angolan government imposed its coronavirus lockdown in late March, local entrepreneur and innovator Claudio Kiala saw a gap in the market when it came to virtual entertainment. Kiala and his team had been developing a performance pl... More »
(Reuters) – The final days of the best quarter for the benchmark S&P 500 since 1998 were not enough to keep investors from pulling $4.6 billion out of U.S.-based stock funds in the week that ended Wednesday, according to Lipper data released on Thursday. The S... More »
NAIROBI, (Reuters) – Eat them, poison them, and use scent to drive them to cannibalism – as a second wave of locusts threatens to devour East Africa’s crops, scientists in a Nairobi lab are experimenting with novel ways to kill them. Swarms are the worst for t... More »
CARACAS(Reuters) – With Venezuela now three months into a coronavirus quarantine that has kept children locked indoors, music and art teachers and storytellers are for the first time moving their classes online. The change is an uphill battle in the South Amer... More »
HONG KONG/BEIJING (Reuters) – China’s parliament passed national security legislation for Hong Kong on Tuesday, setting the stage for the most radical changes to the former British colony’s way of life since it returned to Chinese rule 23 years ago. Details of... More »
ISTANBUL (Reuters) – Thousands of Turkish lawyers protested outside Istanbul’s main courthouse on Tuesday against a government plan to reform bar associations, saying it aims to silence dissent and will lead to politicization of their profession. Under a draft... More »
DUBAI (Reuters) – Saudi Arabia’s central bank governor said it was encouraging commercial banks to lend more to sustain businesses during the coronavirus crisis. Saudi Arabian Monetary Authority (SAMA) Governor Ahmed al-Kholifey was speaking at a virtual econo... More »
LONDON (Reuters) – Britain urgently needs to see the legislation China passed regarding Hong Kong to determine whether it has breached the joint declaration and then will set out its next steps, a spokesman for Prime Minister Boris Johnson said on Tuesday. “De... More »
HONG KONG (Reuters) – Hong Kong’s retail sales in May slumped 32.8% from a year earlier, falling for the 16th consecutive month as the virus pandemic slammed the brakes on tourism and spending in the city. Months of anti-government protest have also weighed on... More »
NEW YORK/LONDON (Reuters) – Funds that rode the market’s rally to generate the highest second-quarter returns included those invested in assets such as mining stocks, energy and technology. Global financial markets staged an impressive rebound in the second qu... More »
CHENNAI/NEW DELHI (Reuters) – India’s prime minister on Tuesday warned citizens against flouting rules to prevent the spread of the novel coronavirus, as he extended a vast social security scheme until November. Several Indian cities prepared to extend their l... More »
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 White House sought to play down reports it knew Russia had paid the Taliban bounties to kill U.S. troops, promising to brief Democrats on Tuesday after being accused of only sharing information with President Donald Trump’s fellow Re... More »
WASHINGTON (Reuters) – Both Democrats and President Donald Trump’s fellow Republicans in Congress demanded more information from the White House on Monday after reports that Russian military intelligence offered militants bounties for killing U.S. troops in Af... 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 »
NEW DELHI (Reuters) – India reported over 17,000 new coronavirus cases over the last 24 hours, pushing the country’s total above 500,000, federal health ministry data showed on Saturday, with infections surging in major cities including the capital New Delhi. ... More »
LONDON (Reuters) – Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth funds are investing more at home, a trend set to accelerate in the wake of the economic carnage wrought ... 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 »
WARSAW (Reuters) – Poland’s Prime Minister Mateusz Morawiecki said on Monday he expects the country’s economy to recover quickly from the damage caused by the coronavirus pandemic. “We have a chance for a V-shaped recovery,” Morawiecki told a conference. Poles... 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 »
MANILA (Reuters) – Bank of the Philippine Islands Chief Executive Cezar Consing said it was clear that a certificate purporting to be for a Wirecard deposit was “spurious” and reiterated that no cash from the German payments firm had entered the bank. Wirecard... More »
READING, England (Reuters) – The English town of Reading held a minute’s silence on Monday for the victims of a stabbing that killed three people including an American in the latest terrorism-linked attack. Three people were also hospitalised after a man wield... More »
MOSCOW (Reuters) – Russian prosecutors asked a court in Moscow on Monday to sentence prominent film and theatre director Kirill Serebrennikov to six years in jail on embezzlement charges, the RIA news agency reported. The prosecution of Serebrennikov, an award... More »
BERLIN (Reuters) – Regulators worked hard and did their job in the case of payments firm Wirecard, which on Monday said that 1.9 billion euros ($2.13 billion) missing from its accounts was likely never there, Finance Minister Olaf Scholz said on Monday. “I thi... 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 »
LONDON (Reuters) – International music and film stars will headline a globally televised and streamed fundraising concert on Saturday to help fight COVID-19 as part of a joint initiative by the advocacy group Global Citizen and the European Commission. The ini... 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 »
READING, England (Reuters) – The man who went on a stabbing spree in the British town of Reading was acting alone, interior minister Priti Patel said on Monday. “This is a tragic, tragic event,” Patel said. She did not comment on whether the arrested man was L... More »
SEOUL (Reuters) – Accounts by former U.S. National Security Adviser John Bolton of discussions between leaders of the United States and the two Koreas in his upcoming book are inaccurate and distorted, South Korea said on Monday. Bolton gives details in the bo... More »
(Reuters) – Croatia’s Borna Coric, who played in Novak Djokovic’s Adria Tour exhibition tournament at the weekend, said on Monday he had tested positive for COVID-19. Coric’s positive test follows that of Grigor Dimitrov, who said on Sunday he had contracted t... More »
SOFIA (Reuters) – CSKA Sofia’s Australian striker Tomi Juric has tested positive for COVID-19, the 31-times Bulgarian champions said in a statement late on Sunday. The 28-year-old forward, who has played 41 times for his country, has been isolated. Other CSKA ... 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 »
BUDAPEST (Reuters) – Hungarian artist Jozsef Szurcsik lost four of his friends in a matter of weeks to COVID-19 and the tremendous pain and grief he feels has transformed his art. Szurcsik, who teaches at the Hungarian University of Fine Arts and is one of the... More »
CHONBURI, Thailand (Reuters) – Volunteer pet groomer Kriengkai Thatwakorn is thrilled to be back helping out stray dogs in Thailand, some in urgent need of a shearing after waiting three sweltering months for a trim. A domestic travel ban to contain the novel ... 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 »
KATHMANDU (Reuters) – Police in Nepal arrested three men on suspicion of gang raping a woman quarantined alone in an empty school, a case that has added to public anger over unsafe conditions for thousands of migrant workers forced into confinement over the co... More »
KHARTOUM (Reuters) – Sudan’s public prosecutor on Monday announced the discovery of a mass grave east of Khartoum suspected to contain the remains of students killed in 1998 as they tried escaping military service at a training camp. An investigation had been ... More »
LJUBLJANA (Reuters) – China’s household appliances maker Hisense (000921.SZ) plans to start producing TV sets in Slovenia in January 2021, creating about 350 jobs in the country, Hisense said on Monday. Production would be approximately 1.5 million TV sets in ... More »
AMMAN (Reuters) – The toughest U.S. sanctions yet on Syria take effect this week, increasing the pressure on President Bashar al-Assad as he grapples with a deepening economic crisis after a decade of war. Washington says sanctions will help hold Assad and his... More »
BAMAKO (Reuters) – Gunmen ambushed an army convoy near a town in central Mali on Sunday and killed a number of soldiers, residents from another nearby town said. Several other soldiers and around half of the dozen or so vehicles in the convoy were still missin... More »
