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 »
(Reuters) – The following is a 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. COVID-19 often undiagnosed in frontline hospital workers A high ... 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 »
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) – 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 lowers COVID-19 death risk Infusions o... More »
LONDON/BENGALURU (Reuters) – Gold’s record rally is moving tantalisingly close to the psychologically key $2,000 level, powered by investors seeking cover from COVID-19’s global economic toll, as reflected in dollar weakness, faltering stocks and U.S.-China tr... More »
SEOUL (Reuters) – Day traders seeking help for gambling addiction have tripled in number in South Korea, as COVID-19 social distancing and working-from-home has freed up more time for online stock market trading, data showed. Retail investors, known locally as... 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. Early tests of COVID-19 vaccines yield promising results R... More »
BRUSSELS (Reuters) – Signs emerged that leaders of northern European Union countries were willing to compromise on a 1.8 trillion euro ($2 trillion) coronavirus stimulus plan on Monday as talks in Brussels extended to a fourth day. Divided and slow to respond ... 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. Full dexamethasone trial results released The full results... 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. Lung radiation may hasten COVID-19 pneumonia recovery A lo... More »
LONDON (Reuters) – Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend in the United States, while traders await an OPEC meeting expected to recommend an easing of supply cuts. Brent crud... 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. Tuberculosis vaccine may limit COVID-19 deaths A tuberculo... 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. Coronavirus tricks the body into attacking the brain Numer... 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. Study may explain severity of COVID-19 in high-risk groups... 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. Low oxygen levels may be due to blood cell damage Damage d... 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 »
(Reuters) – A stock rebound marked by Wall Street’s strongest quarter in more than two decades has slowed in recent weeks, as a resurgence in coronavirus cases threatens to derail the economy’s recovery from a deep downturn. With the S&P 500 up 18% in the quar... 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 »
(Reuters) – The United States saw a 46% increase in new cases of COVID-19 in the week ended June 28 compared to the previous seven days, with 21 states reporting positivity test rates above the level that the World Health Organization has flagged as concerning... 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. “Tentacles” on hijacked cells might help coronavirus sprea... More »
(Reuters) – No denying May’s $73 billion rebound in U.S. retail sales was an eye-popper and is the latest fodder to fuel the red-hot “V” vs “U” debate about what kind of recovery to expect from the COVID-19 recession. Even Federal Reserve Chair Jerome Powell, ... More »
NEW YORK (Reuters) – The U.S. dollar was slightly lower in North American morning trade on Monday, stabilizing after a move higher overnight on a sell-off in risk assets over rising fears of a second wave of coronavirus infections. The dollar index =USD, which... More »
FRANKFURT (Reuters) – The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and outpacing sales of battery-powered cars, according to the International Energy Agency (IEA). In its a... More »
HOUSTON (Reuters) – Thousands of mourners braved sweltering Texas heat on Monday to view the casket of George Floyd, whose death after a police officer knelt on his neck ignited worldwide protests against racism and calls for reforms of U.S. law enforcement. A... More »
LONDON (Reuters) – The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by more than two months of shutdowns due to the coronavirus pandemic. HIGHLIGHTS: ** ECB increases size o... 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 »
NEW YORK (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. Statins may help protect frail older people from ... More »
(Reuters) – The following is a brief roundup 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. Normal speech sprays droplets with contagious coronavirus The thou... 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 »
NEW YORK (Reuters) – The following is a brief roundup 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. Men’s blood contains more of enzyme that helps coronaviru... 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 »
TOKYO (Reuters) – Millions of Japanese viewers of the world’s longest-running animated cartoon TV show will have to make do with re-runs from next week after the coronavirus pandemic disrupted production, Fuji Television Network said on Sunday. Aired every Sun... More »
NEW YORK (Reuters) – The following is a brief roundup 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. New coronavirus antibody test highly accurate A new antib... More »
MILAN (Reuters) – Luxury sports car maker Ferrari (RACE.MI) still expects to make more than $1 billion in core profit this year, providing a relative beacon of stability in an auto industry ravaged by the coronavirus crisis. The company, known for its red Form... More »
ROME/WASHINGTON (Reuters) – Italy and the United States were among a slew of countries easing lockdown restrictions on Monday to resurrect economies, but officials cautioned against moving too swiftly as global deaths from the coronavirus neared a quarter of a... More »
LONDON (Reuters) – Oil and gas output from some of the world’s top oil companies is set to drop by over 12% in the second quarter of 2020 to levels not seen in at least 17 years, according to Reuters calculations. The output cuts are driven by an unprecedented... More »
TAMPA, Fla. (Reuters) – Before the coronavirus pandemic, Desi Marinov considered herself “apolitical.” The Fort Lauderdale, Florida, flight attendant didn’t even bother to vote in the 2016 presidential election. Losing her job due to lockdowns to curb the spre... More »
(Reuters) – U.S. deaths from the novel coronavirus topped 60,000 on Wednesday and the outbreak will soon be deadlier than any flu season since 1967, according to a Reuters tally. America’s worst flu season in recent years was in 2017-2018 when more than 61,000... More »
LONDON (Reuters) – The European Central Bank meets on Thursday, the ink barely dry on its emergency bond-buying scheme, and markets are already asking what more it will do to help the euro zone economy through the coronavirus crisis. Its emergency stimulus, wh... More »
ATLANTA (Reuters) – With the U.S. coronavirus death toll topping 51,000 and nearly one in six workers out of a job, Georgia, Oklahoma and several other states took tentative steps at reopening businesses on Friday, despite disapproval from President Donald Tru... More »
(Reuters) – The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut as the coronavirus pandemic halts travel and curbs economic activity. The contrac... More »
HARRISBURG, Pa. (Reuters) – The U.S. debate over restrictions for fighting the coronavirus intensified on Monday, as protesters labeled mandatory lockdowns as “tyranny,” while medical workers and health experts cautioned that lifting them too soon risked unlea... 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 »
TOKYO (Reuters) – Japan will declare a state of emergency as early as Tuesday in a bid to stop the coronavirus, media reported, with the government preparing a stimulus package to soften the blow on an economy already struggling to avoid a recession. More than... More »
TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe is poised to declare a state of emergency over the coronavirus, giving governors stronger legal authority to urge people to stay home and businesses to close, media reported on Monday. In contrast to stringe... More »
BEIJING (Reuters) – Mainland China reported 39 new coronavirus cases as of Sunday, up from 30 a day earlier, and the number of asymptomatic cases also surged, as Beijing continued to struggle to extinguish the outbreak despite drastic containment efforts. The ... More »
LONDON (Reuters) – 1/LOOKING TO CHINA The world’s biggest economy won’t be open for business by Easter, as U.S. President Donald Trump had hoped, but the second biggest economy may come close. How China fares offers a guide to other countries when their corona... More »
(Reuters) – A tiger at the Bronx Zoo in New York City has tested positive for the respiratory disease caused by the novel coronavirus, in the first known case of a human infecting an animal and making it sick, the zoo’s chief veterinarian said on Sunday. Nadia... More »
SEOUL (Reuters) – South Korea reported fewer than 50 new coronavirus cases for the first time since its peak at the end of February as daily infections in Asia’s largest outbreak outside China continued to trend downward. The Korea Centers for Disease Control ... More »
NEW YORK (Reuters) – Global stock markets sank Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply. Investors sought out safe havens in the ... More »
BEIJING/NEW YORK (Reuters) – Global cases of the new coronavirus have shot past 1 million with more than 53,000 fatalities, a Reuters tally showed on Friday, as death tolls soared in the United States and western Europe while the world economy nosedived. In th... More »
WASHINGTON (Reuters) – Dr. Deborah Birx, the coordinator of the White House task force on the coronavirus, had a message for Americans on Thursday: do better at social distancing. President Donald Trump didn’t like the message. At what has become a daily brief... More »
BERLIN (Reuters) – Italy and Spain, the two European countries hardest hit by the new coronavirus, have enforced the most drastic lockdowns to curb the pandemic but one country, Sweden, stands out for allowing life to go on much as before, Google data show. An... More »
(Reuters) – Global coronavirus cases surpassed 1 million on Thursday with more than 52,000 deaths as the pandemic further exploded in the United States and the death toll climbed in Spain and Italy, according to a Reuters tally of official data. Italy had the ... More »
SEOUL (Reuters) – South Korea is struggling to retain its lead in global next-generation 5G telecom services, as the coronavirus pandemic further cools sentiment of consumers whose interest in the technology has waned due to cost and quality concerns. The Asia... More »
(Reuters) – Battered S&P 500 stocks may get fresh interest from investors turning to dividends in a world of shrinking bond yields. The dividend yield on the S&P 500 now exceeds the yield on the benchmark 10-year U.S. Treasury by its highest margin in nearly f... More »
BOSTON/LONDON (Reuters) – The havoc wrought by the coronavirus crisis could give investors leverage to put new limits on CEO pay packages and link them more closely to a range of social and environmental issues at companies’ annual meetings this spring. Execut... More »
BOGOTA (Reuters) – Colombia’s central military hospital, which for decades was inundated with victims of landmines and other casualties of the country’s internal conflict, is being outfitted to battle a new enemy: coronavirus. The hospital’s staff parking lot ... More »
NEW YORK (Reuters) – The hit to U.S. corporate earnings from the coronavirus epidemic is getting harder and messier to predict. Wall Street strategists have been slashing forecasts as the impact from the virus is set to be felt far further than the first quart... More »
BEIJING/SEOUL (Reuters) – Fears of a coronavirus pandemic grew on Monday after sharp rises in new cases reported in Iran, Italy and South Korea but China relaxed restrictions on movements in several places including Beijing as its rates of new infections eased... More »
NEW YORK (Reuters) – Some asset prices are moving together in unusual ways, an indication that investors may be preparing their portfolios for a coronavirus-led global slowdown. U.S. stocks, gold, Treasuries and the dollar have all surged in 2020, a climb that... More »
(Reuters) – 1/CHINA ON SICK LEAVE A leap in coronavirus cases in Hubei gave markets pause, for all of 24 hours. Then attention shifted back to the global case-count and the rally resumed. But while investors are focused on containment, the world’s second-bigge... More »
BEIJING/SHANGHAI (Reuters) – The economic and diplomatic costs of China’s coronavirus epidemic mounted on Monday with investors knocking $400 billion off the value of stocks and the government accusing the United States of over-reacting to the outbreak and whi... More »
BEIJING/SHANGHAI (Reuters) – Chinese stock and commodity markets fell heavily on Monday as the death toll from a coronavirus epidemic in China rose to 361 and investors retreated into safe-haven assets in the first trading session after an extended Lunar New Y... More »
(Reuters) – The co-chair of South Carolina’s caucus for African-American women endorsed billionaire U.S. presidential candidate Tom Steyer on Sunday, helpful backing in the first state to vote in which most Democrats are black. “This is a crucial election and ... More »
WASHINGTON (Reuters) – The Democratic Party will officially nominate a 2020 presidential candidate at its convention in July, a process that begins on Monday with the Iowa caucuses and ends with the Puerto Rico primary in June. The goal is to amass on a state-... More »
BEIJING (Reuters) – Macau said on Monday it will deny entry to visitors from China’s Hubei province or those who visited the province 14 days prior to arrival unless they can provide documentation showing they are not infected with the virus that broke out in ... More »
MANILA (Reuters) – A restive volcano in the Philippines has a high risk of eruption as it is “recharging” with fresh magma and rising emissions of toxic gas, a top scientist said on Monday, while authorities ordered commercial establishments to stay shut. Eart... More »
BEIJING/SHANGHAI (Reuters) – Automakers in China need to get used to a new normal of “low speed growth” in the world’s largest car market, the country’s top auto body said on Monday, as it reiterated predictions that sales will likely shrink for the third cons... More »
MERIMBULA, Australia/SYDNEY (Reuters) – Australian authorities urged another mass evacuation across the heavily populated southeast on Thursday as a return of hot weather fanned huge bushfires threatening several towns and communities. Victoria state Premier D... More »
KIEV (Reuters) – Ukraine’s President Volodymyr Zelenskiy said the government was considering several possible causes of a plane crash in Iran, which killed 176 citizens of 7 countries. The Ukraine International Airline jet crashed shortly after takeoff from Te... More »
(Reuters) – The diverging fundamentals of U.S. oil and natural gas can be seen dramatically in the markets, where the oil-to-gas price ratio has surged to its highest in six years. The oil-to-gas ratio, or the level at which oil trades compared with natural ga... More »
WASHINGTON (Reuters) – Boeing Co’s Starliner astronaut spacecraft landed in the New Mexico desert on Sunday, the company said, after faulty software forced officials to cut short an unmanned mission aimed at taking it to the International Space Station. The 7:... More »
(Reuters) – The Boeing Co Starliner spacecraft that failed to hit the right orbit to reach the International Space Station is healthy, in a stable orbit and expected to land in New Mexico on Sunday morning, NASA said. Boeing’s (BA.N) CST-100 Starliner astronau... More »
MANILA (Reuters) – Rescue teams in the southern Philippines searched for signs of life on Monday in a collapsed shopping center after a powerful earthquake that killed at least three people and wounded dozens more. Disaster response officials said five people ... More »
LONDON (Reuters) – 1/AFTER PHASE ONE COMES PHASE TWO U.S. President Donald Trump and Chinese officials have agreed to a “phase one” trade deal that includes cutting U.S. tariffs on Chinese goods. Washington has agreed to suspend tariffs on $160 billion in Chin... More »
PALISADES, N.Y. (Reuters) – Some 20 miles north of New York City, a team of scientists is searching for clues about how the environment is changing by studying organisms not usually found in the woods around here: corals. In the labs of the Lamont-Doherty Eart... More »
WASHINGTON (Reuters) – Appeals court judges put on hold a ruling by a lower court that would require former White House Counsel Don McGahn to testify to lawmakers as part of the Democrat-led impeachment inquiry against President Donald Trump. McGahn, who left ... More »
HANGZHOU, China (Reuters) – Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles’ Day shopping blitz crossed the $30 billion mark at 4:31 p.m. (0831 GMT), putting the event on track to set a record in its 11th year. The f... More »
SHANGHAI (Reuters) – China’s dominant e-commerce firm Alibaba Group Holding raked in $23 billion worth of sales in the first nine hours of its annual Singles’ Day shopping extravaganza on Monday, setting records as the event celebrates its 11th year. The 24-ho... More »
WASHINGTON (Reuters) – On the first day of November, U.S. Secretary of State Mike Pompeo sent an internal email to thousands of State Department staff that began: “As champions of American diplomacy, we are in the truth-telling business.” While the email seen ... More »
WASHINGTON (Reuters) – An official on the White House’s National Security Council said he heard the U.S. ambassador to the European Union explicitly press Ukrainian officials to investigate Joe Biden and his son, according to a transcript released on Friday by... More »
NAIROBI/JOHANNESBURG/LONDON (Reuters) – As jihadists wreaked ever more havoc in the last two years, mining firms in Burkina Faso rolled out extra security measures, from barracks for government troops protecting them to safe rooms for workers behind barbed wir... More »
DHAHRAN, Saudi Arabia/DUBAI (Reuters) – Saudi Arabia’s giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float on the domestic bourse in what could be the world’s biggest listing as the kingdo... More »
(Reuters) – A senior U.S. diplomat told lawmakers on Saturday he did not know whether President Donald Trump had withheld aid for Ukraine to force an investigation of a political rival, two sources said, even as Democrats said he corroborated evidence gathered... More »
WASHINGTON (Reuters) – The collateral damage of the United States’ trade wars is being felt from the fjords of Iceland to the auto factories of Japan. Central bank governors and finance ministers traded grim tales of suffering economies at the International Mo... More »
NEW YORK (Reuters) – Technology companies, which make up the largest swath of the U.S. stock market, are expected to post a nearly 8% drop in third-quarter profits as reports roll in from many of the sector’s biggest corporations. But below the surface, the es... More »
STOCKHOLM (Reuters) – The Swedish Academy has defended its decision to award the 2019 Nobel Prize for Literature to Austrian writer Peter Handke, saying he had made provocative comments but had not supported bloodshed. Handke’s prize has attracted criticism, i... More »
STOCKHOLM (Reuters) – U.S.-based economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize on Monday for work fighting poverty that has helped millions of children by favoring practical steps over theory. French-American D... More »
LONDON (Reuters) – 1/TRADE TENSION HEADACHES Washington’s latest accusation that China is dumping wooden cabinets and vanities on U.S. shores sums up the mood between the two warring sides as they head into another round of high-level discussions. The talks in... More »
ST THOMAS, Virgin Islands/NEW YORK (Reuters) – Off the coast of St. Thomas in the U.S. Virgin Islands, a group of scientists is tearing a reef apart in a feverish attempt to save some of its coral. They are battling a fast-moving, lethal disease that researche... More »
HANGZHOU, China/SEOUL (Reuters) – Apple Inc’s (AAPL.O) new, lower priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed handsets from rivals are already available. The iPhone 11, launched o... More »
BENGALURU (Reuters) – India has located the spacecraft it was trying to land on the moon but has not been able to establish communication with it yet, the Indian Space Research Organisation (ISRO) said on Tuesday. The lander was making a “soft” or controlled l... More »
BENGALURU/MUMBAI (Reuters) – India lost contact with a spacecraft it was trying to land on the moon on Saturday, its space agency said, in a setback for the nation’s ambitious plans to become the first country to probe the unexplored lunar south pole. The land... More »
BEIJING (Reuters) – The spread between seaborne iron ore heading to China and iron ore at China’s ports has widened to the highest in at least two years, following an increase in shipments from Australia and Brazil as disrupted mines gradually come back on tra... More »
NEW YORK (Reuters) – U.S. interest rates futures rose on Friday as Federal Reserve Chair Jerome Powell said the central bank will do what it can to preserve the longest U.S. economic expansion on record, supporting bets on a further decline in key borrowing co... More »
NEW YORK (Reuters) – U.S. money market funds amassed their highest level of assets since October 2009 as investors shift cash into low-risk products amid worries about a global economic slowdown and trade tensions, a private report released on Wednesday showed... More »
LONDON (Reuters) – 1/ READY FOR A SCARY EURO ZONE GDP SHOW? Fears of a major downturn in euro zone powerhouse Germany grew this week following “scary” industrial output figures for June and reports due over the coming week that will hold those concerns up to t... More »
WASHINGTON (Reuters) – It has become a jarring and frequent contradiction. President Donald Trump blames the Federal Reserve for putting the U.S. economy at risk while data shows an economy in “reasonably good” shape, as the head of the central bank recently s... More »
