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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »