Bookmark?Remove? Apple preparing 75 million 5G iPhones for later this year: Bloomberg (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 »
Bookmark?Remove? Girl, 3, survives wild skyride caught in tail of giant kite (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 »
Bookmark?Remove? Asia shares push ahead as China markets jump 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 »
Bookmark?Remove? China sends fighter jets as U.S. health chief visits Taiwan 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 »
Bookmark?Remove? Huawei to stop making flagship chipsets as U.S. pressure bites, Chinese media say 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 »
Bookmark?Remove? Summer mood swings: markets turn higher on hopes of virus aid LONDON (Reuters) – World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, and worries about U.S. gridlock over the next round of coronavirus aid eased. In Europe, stocks were up 1.2% as t... More »
Bookmark?Remove? Strain on global manufacturing eases as euro zone returns to growth LONDON/TOKYO (Reuters) – Euro zone manufacturing activity expanded modestly last month, its first growth since early 2019, and Asia’s pain eased as the contraction slowed in export-reliant nations, adding to hopes the sector is emerging from the hit of the cor... More »
Bookmark?Remove? Gold roars to record high, dollar dives again LONDON (Reuters) – Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates on Monday, while stock markets faltered before a deluge of corporate earnings. Europe’s main stock markets w... More »
Bookmark?Remove? Carrefour expands Uber Eats service to more French cities, Belgium PARIS (Reuters) – French supermarket retailer Carrefour (CARR.PA) and Uber Eats (UBER.N) said on Monday they were rolling out their home delivery partnership nationwide and to Belgium. The service, initially launched on April 6, was aimed at helping Parisians ... More »
Bookmark?Remove? Japan plans to invite TSMC to build joint chip plant: Yomiuri 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 »
Bookmark?Remove? Taiwan says Dalai Lama welcome to visit, a trip that would infuriate China 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 »
Bookmark?Remove? EU, Britain, Taiwan dismayed by China’s new security law for Hong Kong BRUSSELS/TOKYO (Reuters) – The European Union expressed anger while Britain and Japan voiced concern on Tuesday after China passed a national security law for Hong Kong that threatens to usher in the starkest changes for the former British colony since its ret... More »
Bookmark?Remove? Britain urgently needs to see China law on Hong Kong, says UK PM’s spokesman 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 »
Bookmark?Remove? UK PM Johnson says on Huawei: we must protect from ‘hostile state vendors’ 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 »
Bookmark?Remove? Global stocks shrug off fresh virus wave fears, dollar slips 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 »
Bookmark?Remove? Chinese bomber approaches Taiwan in latest fly-by near island 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 »
Bookmark?Remove? China warns of reprisal as Japanese city changes disputed area name 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 »
Bookmark?Remove? TSMC says could fill order gap if unable to sell chips to Huawei 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 »
Bookmark?Remove? TSMC says still in talks about subsidies for new U.S. plant 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 »
Bookmark?Remove? Asia shares rally as BOJ buys more bonds- U.S. crude skids 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 »
Bookmark?Remove? U.S. Treasury currency report on trade partners delayed, Taiwan central bank sources say 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 »
Bookmark?Remove? Oil gains on OPEC+ deal, stocks stymied by pandemic worries 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 »
Bookmark?Remove? Baseball, soccer seasons get underway in Taiwan 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 »
Bookmark?Remove? Stocks jump on virus slowdown hopes, but oil slips on oversupply SYDNEY (Reuters) – Stocks jumped on Monday as investors were encouraged by a slowdown in coronavirus-related deaths and new cases, while oil prices skidded after Saudi-Russian negotiations to cut output were delayed, keeping oversupply concerns alive. Equity i... More »
Bookmark?Remove? Asia shares suffer virus chills, central banks offer cold comfort SYDNEY/HONG KONG (Reuters) – Asian shares slid on Monday as fears mounted that the global coronavirus shutdown could last for months although markets regained some lost ground late in the session with Australia posting a standout jump. U.S. and European future... More »
Bookmark?Remove? Taiwan reports eight new virus cases, widens travel warning TAIPEI (Reuters) – Taiwan reported eight new cases of coronavirus on Monday, its biggest daily rise, though all of them involved people who had arrived from overseas. The total number of cases in Taiwan stood at 67. Among the latest cases were people returning... More »
Bookmark?Remove? Israel to use anti-terror tech to counter coronavirus ‘invisible enemy’ JERUSALEM (Reuters) – Israel plans to use anti-terrorism tracking technology and a partial shutdown of its economy to minimize the risk of coronavirus transmission, Prime Minister Benjamin Netanyahu said on Saturday. Cyber tech monitoring would be deployed to ... More »
Bookmark?Remove? Wuhan closes makeshift hospital as new coronavirus cases in China drop sharply BEIJING/SHANGHAI (Reuters) – The Chinese city at the center of the coronavirus epidemic closed its first makeshift hospital, one of 16 hurriedly built to handle the epidemic, after it discharged the last recovered patients, state broadcaster CCTV reported on M... More »
Bookmark?Remove? Baseball: Final Olympic qualifying tournament in Taiwan postponed to June (Reuters) – The World Baseball Softball Confederation (WBSC) said on Monday it has postponed its final qualification tournament for the Tokyo Olympics to June because of the coronavirus epidemic. The six-team event, originally scheduled for April 1-5 in Taiwan... More »
Bookmark?Remove? Asian shares rebound as markets bet on coordinated policy stimulus SINGAPORE/SYDNEY (Reuters) – Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavi... More »
Bookmark?Remove? Shares drop, gold surges as investors scurry for safety SYDNEY (Reuters) – Global shares and oil slid on Monday while safe-haven gold surged as the spread of the coronavirus outside China darkened the outlook for world growth with infections and deaths rising in South Korea, Italy and the Middle East. The large spi... More »
Bookmark?Remove? Taiwan’s Foxconn gets OK to restart plant in Zhengzhou, China: source TAIPEI (Reuters) – Taiwan’s Foxconn has received approval to resume production at a plant in the northern Chinese city of Zhengzhou that had been shuttered due to a coronavirus outbreak, a person with direct knowledge of the matter told Reuters on Monday. Abou... More »
Bookmark?Remove? China’s return to work lifts local stocks while rest of Asia trails SYDNEY (Reuters) – Asian shares fell on Monday as the death toll from a coronavirus outbreak exceeded the SARS epidemic of two decades ago, though Chinese shares gained as authorities lifted some work and travel restrictions, helping businesses to resume opera... More »
Bookmark?Remove? Taiwan to bar entry of many Hong Kong, Macau residents to halt virus TAIPEI (Reuters) – Taiwan expanded its restrictions on visitors from Hong Kong and Macau on Monday to freeze the entry of many residents from the two Chinese-run cities to help control the spread of the new coronavirus. Taiwan has been gradually stepping up it... More »
Bookmark?Remove? Huawei, Chinese chip makers keep factories humming despite virus outbreak SHANGHAI (Reuters) – Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work to help stop the spread of a new coronavirus. Chinese telecom g... More »
Bookmark?Remove? Shut out of WHO, Taiwan faces flight bans, update delays in virus crisis TAIPEI (Reuters) – Shut out of the World Health Organization, Taiwan faces a dual problem in battling the threat of a new coronavirus: it is being included as a high-risk area as part of China but is unable to get epidemic information firsthand. Taiwan is deni... More »
Bookmark?Remove? Apple supplier Wistron to assemble key iPhone component in new India plant: sources NEW DELHI (Reuters) – Taiwan’s Wistron Corp plans to assemble printed circuit boards (PCBs) for iPhones at its new plant in southern India, two sources said, highlighting Apple Inc’s push to expand manufacturing in the world’s second-biggest smartphone market.... More »
Bookmark?Remove? Stocks, oil prices skid as China virus fears drive investors to safe havens TOKYO (Reuters) – Shares tumbled on Monday as investors grew increasingly anxious about the economic impact of China’s spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes. Japan’s Nikkei average .N225... More »
Bookmark?Remove? Factbox: New coronavirus outbreak in Chinese city of Wuhan BEIJING (Reuters) – Chinese authorities and the World Health Organization (WHO) say a new strain of coronavirus is behind the outbreak of pneumonia in the central city of Wuhan, which has erupted just ahead of the Lunar New Year, the country’s biggest festival... More »
Bookmark?Remove? New coronavirus outbreak in Chinese city of Wuhan BEIJING (Reuters) – Chinese authorities and the World Health Organization (WHO) say a new strain of coronavirus is behind the outbreak of pneumonia in the central city of Wuhan, which has erupted just ahead of the Lunar New Year, the country’s biggest festival... More »
Bookmark?Remove? Don’t read too much into election results, Taiwan tells China before vote TAIPEI (Reuters) – Beijing should not see Taiwan’s elections as representing a win or loss for China, Taiwan’s foreign minister said on Thursday, days ahead of a vote overshadowed by Chinese efforts to get the island to accept its rule. Taiwan holds presidenti... More »
Bookmark?Remove? Allegations of man claiming to be Chinese spy roil Taiwan election campaign again TAIPEI (Reuters) – Allegations in Australian media about China’s efforts to interfere in Taiwan’s elections roiled the island on Thursday, after new reporting said a self-professed Chinese spy described a smear campaign against Taiwan’s ruling party. Taiwan is... More »
Bookmark?Remove? Asian shares rebound as U.S. and Iran stand down, yen retreats SINGAPORE (Reuters) – Asian stocks had their best session in weeks on Thursday, as the United States and Iran backed away from the brink of conflict in the Middle East and investors reversed their flight to safety. U.S. President Donald Trump responded to an I... More »
Bookmark?Remove? Stalled talks with U.S. not good for North Korea, South Korea tells China BEIJING (Reuters) – Stalled denuclearization talks and a recent flare-up in tension between the United States and North Korea are not beneficial for Pyongyang, South Korean President Moon Jae-in told Chinese President Xi Jinping in Beijing on Monday. North Kor... More »
Bookmark?Remove? Asian shares near 18-month high, bask in trade deal afterglow SYDNEY (Reuters) – Asian markets idled near 18-month highs on Monday as trading volumes weakened ahead of the Christmas holiday break, with investors taking profit on gains made earlier this month. In early European trades, the pan-region Euro Stoxx 50 futures... More »
Bookmark?Remove? Asian shares jump on ‘phase one’ Sino-U.S. trade deal SHANGHAI (Reuters) – Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there. European ... More »
Bookmark?Remove? Woods leads from front as U.S. wins Presidents Cup MELBOURNE (Reuters) – United States captain Tiger Woods led from the front as the Americans dominated the Sunday singles to overhaul the Internationals at Royal Melbourne 16-14 and claim an eighth successive Presidents Cup. Woods clinched a record 27th win in ... More »
Bookmark?Remove? Reed regains ‘Captain America’ cape at Royal Melbourne MELBOURNE (Reuters) – Patrick Reed had dug himself a hole before arriving at the Presidents Cup, his two-stroke penalty for flinging some sand away with his wedge in a waste bunker stoking controversy and putting a big target on his back at Royal Melbourne. By... More »
Bookmark?Remove? Asian shares buoyed by strong U.S. job data, China worry caps gains SYDNEY (Reuters) – Asian stocks edged up on Monday, catching some of Wall Street’s momentum after surprisingly strong U.S. jobs data, although regional gains were capped by concerns about China’s economic slowdown due to the prolonged Sino-U.S. trade war. Japa... More »
Bookmark?Remove? Taiwan ruling party says China ‘enemy of democracy’ after meddling allegations TAIPEI (Reuters) – Taiwan President Tsai Ing-wen’s ruling party denounced China as an “enemy of democracy” on Monday following fresh claims of Chinese interference in the island’s politics ahead of presidential and legislative elections on Jan. 11. The allegat... More »
Bookmark?Remove? Asia shares find footing as mood swings on trade SYDNEY (Reuters) – Asian shares staged a cautious rally on Monday as investors dared to hope for some progress in the endless Sino-U.S. trade dispute, while the outperformance of recent U.S. economic data gave the dollar a leg up on its peers. MSCI’s broadest ... More »
Bookmark?Remove? Absence of China a ‘loss’ at Chinese-language ‘Oscars’ in Taiwan TAIPEI (Reuters) – The absence of China was a “loss” at this year’s Golden Horse Awards, the Chinese-speaking world’s version of the Oscars, director Ang Lee said on Saturday, after Beijing ordered a boycott following controversy last year. China’s film regula... More »
Bookmark?Remove? Shares grind towards record high as China trims key rate LONDON (Reuters) – World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015. In the latest show of support for its economy, China’s central bank cut rates on seven-day rev... More »
Bookmark?Remove? China calls on U.S. to ‘stop flexing muscles’ in South China Sea BANGKOK (Reuters) – China on Monday called on the U.S. military to stop flexing its muscles in the South China Sea and to avoid adding “new uncertainties” over Taiwan, during high-level talks that underscored tension between the world’s two largest economies. ... More »
Bookmark?Remove? Made in China: Samsung farms out more phones to fend off rivals SEOUL (Reuters) – Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said. Samsung El... More »
Bookmark?Remove? Asian shares climb to 14-week highs on hopes U.S., China getting close to trade deal SHANGHAI (Reuters) – Asian shares surged on Monday, with a broad regional gauge hitting more than 14-week highs, as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors’ appetite for riskier assets. MSCI’s broadest ind... More »
Bookmark?Remove? Asian shares climb to three-month high, currencies mark time SYDNEY (Reuters) – Asian shares rose to a three-month high on Monday, as risk assets got a fillip from hopes of a trade deal and strong U.S. corporate earnings, while major currencies marked time as focus shifted to a Federal Reserve rate decision. European sh... More »
Bookmark?Remove? Hong Kong leader apologizes for mosque incident after day of violence HONG KONG (Reuters) – Hong Kong leader Carrie Lam apologized on Monday to the city’s Muslim community after police hit a major mosque with water cannon as they battled thousands of pro-democracy protesters overnight in the Asian financial hub. Lam visited the ... More »
Bookmark?Remove? Asian shares tick up, pound skids on Brexit tumult TOKYO (Reuters) – Asian stocks edged up on Monday as Chinese shares reversed early losses, supported by hopes for progress in resolving the U.S.-China trade war, while sterling slipped after the British parliament delayed a crucial vote on a Brexit withdrawal ... More »
Bookmark?Remove? ‘Abominable’ film axed in Malaysia after rebuffing order to cut China map KUALA LUMPUR (Reuters) – DreamWorks’ animated movie “Abominable” will not be released in Malaysia after its producers declined to meet a censor board requirement to cut a scene showing China’s “nine-dash line” in the South China Sea, the movie distributor said... More »
Bookmark?Remove? Taiwan says China is an ‘authoritarian’ threat in the Pacific TAIPEI (Reuters) – Taiwan said on Monday China was practicing “authoritarian expansionism” in the Pacific, pointing to reports of plans for Chinese military presence in two Pacific countries that have recently switched diplomatic allegiance to Beijing from Tai... More »
Bookmark?Remove? Hong Kong faces more protests after night of violence HONG KONG (Reuters) – Protest-scarred Hong Kong struggled to recover on Monday after scores of people were arrested in violent clashes overnight and as the last British governor of the Chinese-ruled city warned that people could be killed. “Before long, unless... More »
Bookmark?Remove? Asian shares mostly flat, Japan hurt by Sino-U.S. tensions TOKYO/SINGAPORE (Reuters) – Asian stock markets, including China’s, were little changed on Monday, shrugging off news that the U.S. administration is considering delisting Chinese companies from U.S. stock exchanges. MSCI’s broadest index of Asia-Pacific share... More »
Bookmark?Remove? Battered and bruised, Hong Kong cleans up for sensitive Chinese anniversary HONG KONG (Reuters) – Hong Kong’s metro stations and roads re-opened on Monday after a chaotic weekend that saw police fire water cannon, tear gas and rubber bullets at protesters who set fires and threw petrol bombs outside government offices and across centr... More »
Bookmark?Remove? Hong Kong reopens after violent weekend of clashes and protests HONG KONG (Reuters) – Hong Kong’s businesses and underground rail stations re-opened as usual on Monday morning, after a chaotic Sunday that saw police fire water cannon, tear gas and rubber bullets at protesters who blocked roads and threw petrol bombs outsid... More »
Bookmark?Remove? Investors unwind bearish bets as optimism grows on trade and stimulus LONDON (Reuters) – World stocks rose for the sixth straight day on Wednesday and bond prices fell as investors continued to unwind safety bets, encouraged by hopes of a resolution to the Sino-U.S. trade standoff and signs Europe may be preparing to ease budget... More »
Bookmark?Remove? Philippines’ Duterte says Xi offering gas deal if arbitration case… MANILA (Reuters) – Philippine President Rodrigo Duterte said his Chinese counterpart has offered Manila a controlling stake in a joint energy venture in the South China Sea, if it sets aside an international arbitral award that went against Beijing. Duterte sa... More »
Bookmark?Remove? Canada again sails warship through sensitive Taiwan Strait OTTAWA (Reuters) – Canada has sailed a warship through the sensitive Taiwan Strait, the Canadian government said, three months after a similar operation and amid strained ties between Beijing and Ottawa. Such passages typically upset China, which claims democr... More »
Bookmark?Remove? Stocks slip as new U.S.-China tariffs add to growth risks TOKYO (Reuters) – Global stock prices fell on Monday after the United States and China imposed new tariffs on each other’s goods, reinforcing investors’ worries over slowing global growth, with no clear end in sight for the trade war. The E-mini futures for U.... More »
Bookmark?Remove? China, U.S. kick off new round of tariffs in trade war BEIJING/WASHINGTON (Reuters) – The United States began imposing 15% tariffs on a variety of Chinese goods on Sunday – including footwear, smart watches and flat-panel televisions – as China began imposing new duties on U.S. crude, the latest escalation in a br... More »
Bookmark?Remove? Solomon Islands eyes shift in diplomatic ties to China from Taiwan SYDNEY (Reuters) – The Solomon Islands, one of Taiwan’s few remaining diplomatic allies, has formed a team of ministers to talk to Beijing ahead of a possible switch in ties that could be unveiled as early as this week, the chief of a parliamentary panel said.... More »
Bookmark?Remove? Asia stocks, bond yields rise on hopes of easing trade war tension TOKYO (Reuters) – Asian stocks rose in step with their global peers on Tuesday while safe-haven bonds retreated, after U.S. President Donald Trump softened his tone against China and predicted the two countries would be able to reach a trade deal. In early Eur... More »
Bookmark?Remove? GlobalFoundries seeks to ban U.S. import of TSMC clients’ products SHANGHAI (Reuters) – Contract chipmaker GlobalFoundries has sued larger rival Taiwan Semiconductor Manufacturing Co (TSMC) for patent infringement, seeking to stop the defendant’s customers including Apple from importing affected products to the United States ... More »
Bookmark?Remove? Iran has opportunity to come back into nuclear deal: UK’s Johnson BIARRITZ, France (Reuters) – Iran has an opportunity to come back into compliance with the nuclear deal and resume dialogue about its nuclear activities, British Prime Minister Boris Johnson said on Monday. U.S. President Donald Trump said earlier he would mee... More »
Bookmark?Remove? Hong Kong readies for further protests after huge, peaceful rally HONG KONG (Reuters) – Hong Kong is gearing up for further protests this week after hundreds of thousands of anti-government demonstrators braved heavy rain to rally peacefully on Sunday, marking a change to what have often been violent clashes. Sunday’s massiv... More »
Bookmark?Remove? Statue of ‘comfort women’ pulled from Japan exhibit finds new home MADRID (Reuters) – A Spanish businessman has bought a statue symbolizing women forced to work in Japanese military brothels which was removed from an exhibition in Japan after organizers received threats over the piece. The “Statue of a Girl Of Peace” symboliz... More »
Bookmark?Remove? Asian shares turn lower on Sino-U.S. trade, recession worries SHANGHAI (Reuters) – Worries that a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession weighed on Asian equities on Monday, offsetting a welcome a lift from Chinese shares and a stronger-than-expected daily fixing for the yuan.... More »
Bookmark?Remove? Russia tells Google not to advertise ‘illegal’ events after… MOSCOW (Reuters) – Russia’s state communications watchdog has asked Google (GOOGL.O) to stop advertising “illegal mass events” on its YouTube video platform, it said on Sunday. Tens of thousands of Russians staged what observers called the country’s biggest po... More »
Bookmark?Remove? Reassuring Chinese data nudges shares higher LONDON (Reuters) – Surprisingly upbeat economic soundings from China lifted the global markets mood on Monday, pushing world shares toward an 18-month high and steering the Aussie dollar and copper upwards. Investors were waiting for a torrent of second-quarte... More »
Bookmark?Remove? China-friendly Taiwan mayor beats Foxconn’s Gou in opposition’s… TAIPEI (Reuters) – A China-friendly mayor in Taiwan on Monday won the opposition party’s nomination for the 2020 presidential election, beating Foxconn founder Terry Gou and issuing a direct challenge to President Tsai Ing-wen who is seeking re-election. The o... More »
Bookmark?Remove? Asian shares stumble as bets off on sharp U.S. rate cuts SYDNEY (Reuters) – Asian shares were a sea of red on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence. Share... More »
Bookmark?Remove? Hong Kong police arrest six at Kowloon protest HONG KONG (Reuters) – Police arrested six people during a demonstration in one of Hong Kong’s most popular tourist areas on Sunday, where thousands of protesters sought to raise awareness among mainland Chinese visitors about the political crisis that has rock... More »
Bookmark?Remove? In jab at U.S., China vice president says world cannot shut China out BEIJING (Reuters) – China and the rest of the world must co-exist, Chinese Vice President Wang Qishan said on Monday, in an indirect jab at the United States with which Beijing is currently trying to resolve a bitter trade war. “China’s development can’t shut ... More »
Bookmark?Remove? Stocks cheer trade reprieve, bonds reconsider rate cuts LONDON/SYDNEY (Reuters) – Stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks, leading investors to pare wagers on aggressive policy easing by the major central banks. The dollar firmed on the safe-haven ye... More »
Bookmark?Remove? What people are saying on the anniversary of Hong Kong’s handover HONG KONG (Reuters) – Hundreds of thousands of people are expected to take to the streets on Monday for a rally to mark the 22nd anniversary of Hong Kong’s handover from British to Chinese rule, as anger over an extradition bill plunges the city into political... More »
Bookmark?Remove? Hong Kong protesters smash windows at legislature in fresh chaos HONG KONG (Reuters) – Protesters used a metal trolley to try to storm Hong Kong’s Legislative Council building on Monday and smashed windows in a fresh wave of demonstrations that have plunged the Chinese-ruled city into political turmoil. Thousands of demonst... More »
Bookmark?Remove? Asia stocks climb pre-G20, oil up on U.S.-Iran feud TOKYO/HONG KONG (Reuters) – Stock markets in Asia inched higher on Monday on hopes that U.S. and Chinese leaders will be able to get trade talks back on track this week, while oil prices bounced on political tensions between Tehran and Washington. European mar... More »
Bookmark?Remove? Asia stocks edge up cautiously as Fed jitters build, Europe seen lower TOKYO/HONG KONG (Reuters) – Most Asian stock markets rose on Tuesday but gains were capped by investor caution ahead of a U.S. Federal Reserve policy decision, while crude oil prices dipped as global growth worries overshadowed supply concerns. European stock ... More »
Bookmark?Remove? Global stocks climb on trade, rate cut optimism- yuan falters TOKYO/HONG KONG (Reuters) – Asian shares, European and U.S. stock futures rose on Monday after the United States shelved plans to impose tariffs on Mexico and as global investors hoped for lower U.S. interest rates on the back of lackluster jobs data. Global i... More »
Bookmark?Remove? On Tiananmen anniversary eve, Taiwan urges China to ‘repent’ TAIPEI (Reuters) – China must “sincerely repent” for the bloody crackdown on pro-democracy demonstrators in and around Tiananmen Square three decades ago and promote democratic reforms, Taiwan’s government said on Monday ahead of the sensitive anniversary. Tue... More »
Bookmark?Remove? Global recession fears grow as manufacturing shrinks across Asia HONG KONG (Reuters) – Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers in the region and beyond to roll out m... More »
Bookmark?Remove? Taiwan’s May exports seen shrinking- inflation quickens: Reuters poll TAIPEI (Reuters) – Taiwan’s exports likely contracted 4.5% in May from a year earlier, logging a seventh straight month of decline, according to a median forecast of 11 analysts polled by Reuters. Taiwan’s April exports had dropped 3.3% from a year earlier, in... More »
Bookmark?Remove? U.S. stock futures, oil slide as trade wars stoke global recession… TOKYO (Reuters) – U.S. stock futures, Asian share markets and oil prices slipped to multi-month lows on Monday on worries intensifying Sino-U.S. tensions and Washington’s new tariff threats against Mexico could tip the global economy into a recession. The E-mi... More »
Bookmark?Remove? Asia shares come off four-month low, euro steady after fragmented… TOKYO (Reuters) – Asia stocks inched up but remained near four-month lows on Monday amid concerns about U.S.-China tensions while the euro stayed in a narrow range after the weekend’s European Parliament elections. MSCI’s broadest index of Asia-Pacific shares ... More »
Bookmark?Remove? Australian PM to visit Solomon Islands as Pacific nation eyes ties… SYDNEY (Reuters) – Australian Prime Minister Scott Morrison will visit the Solomon Islands next week, he said on Monday, as Western nations seek to rein in China’s influence on the tiny Pacific island. With the United States and its allies keen to ensure China... More »
Bookmark?Remove? Vietnam swine fever cull surges, 1.7 million pigs dead HANOI (Reuters) – Vietnam culled a further 500,000 pigs over the past two weeks to tackle an oubreak of African swine fever, taking the total killed so far to 1.7 million, or 5% of the country’s herd, the agriculture ministry said on Monday. Pork accounts for ... More »
Bookmark?Remove? Taiwan and U.S. security officials hold rare meeting amid China… TAIPEI (Reuters) – Senior national security officials from the United States and Taiwan have met to deepen cooperation, the government in Taipei said, the first such meeting in four decades that came amid tense relations between the United States and China. Ta... More »
Bookmark?Remove? Balloon ‘Tank Man’ in Taiwan marks 30 years since Tiananmen crackdown TAIPEI (Reuters) – A Taiwanese artist has created giant inflatables of a tank and “tank man” – the lone protester who stood in front of a convoy of tanks on Beijing’s Tiananmen Square – to mark 30 years since China’s bloody crackdown on the pro-democracy movem... More »
Bookmark?Remove? Australian, Indian elections boost Asian shares, trade fears ease SHANGHAI (Reuters) – Asian shares clawed back some of last week’s losses as investors cheered apparent election wins for conservative incumbents in Australia and India, while broader global trade worries eased after Washington offered to lift some tariffs in N... More »
Bookmark?Remove? Japan Display says bailout from Chinese group to be delayed TOKYO (Reuters) – Japan Display Inc said on Monday that a planned investment of up to 80 billion yen ($729.33 million) from a Chinese-Taiwanese group will be delayed as the investor group wants to reassess the ailing display maker’s business. The investment is... More »