Stocks and oil rise on hopes of looser COVID curbs in China

Stocks and oil rise on hopes of looser COVID curbs in China

Euro STOXX 600 up 0.4% Oil prices rebound on China hopes, talk of output cuts Dollar falls as investors seek riskier assets China property shares rally on policy support http://tmsnrt.rs/2yaDPgn LONDON/SYDNEY, Nov 29 (Reuters) – Stocks and oil gained on Tuesday on hopes that public unrest in China might prompt an earlier loosening of COVID-19 … Read more

China’s anti-lockdown protests shake stocks and oil

China's anti-lockdown protests shake stocks and oil

China announces record new local COVID cases Commodities sold off amid demand concerns Dollar slips against yen, Swiss franc NEW YORK/ LONDON, Nov 28 (Reuters) – US stocks tracked a decline in equities worldwide and oil was sold off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs fueled … Read more

Investors batten down ahead of Fed minutes, Eurozone recession fears grow

Investors batten down ahead of Fed minutes, Eurozone recession fears grow

Fed minutes awaited US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Euro zone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares were little changed on Wednesday as investors kept their eyes peeled for the minutes of a Federal Reserve meeting that … Read more

Children at school among 162 dead in Indonesia quake

Children at school among 162 dead in Indonesia quake

Death toll from 5.6-magnitude earthquake expect to rise Dozens remain trapped in the rubble – officials President CIANJUR, Indonesia, Nov 22 (Reuters) – Children killed when their schools collapsed accounted for many of the 162 dead in an earthquake that devastated a town on Indonesia’s main island of Java, an official said on Tuesday, as … Read more

Indonesia quake kills over 160, search for survivors continues

Indonesia quake kills over 160, search for survivors continues

CIANJUR, Indonesia, Nov 21 (Reuters) – A powerful earthquake killed more than 160 people in Indonesia’s West Java province on Monday, with rescuers searching for survivors trapped under the rubble amid a series of aftershocks. The epicenter of the 5.6 magnitude quake was near the town of Cianjur in mountainous West Java, about 75 km … Read more

Explainer: What to expect as Malaysia’s split election leaves scramble to form govt

Explainer: What to expect as Malaysia's split election leaves scramble to form govt

KUALA LUMPUR, Nov 20 (Reuters) – Malaysia’s political leaders were scrambling to form a coalition government on Sunday after an election produced an unprecedented hung parliamentwith no group able to claim a majority. Longtime opposition leader Anwar Ibrahim and former Prime Minister Muhyiddin Yassin each said they could form a government with support from other … Read more

Shares cautious, US yield curve deep in recession territory

Asia shares mixed on Fed warning, China hopes

https://tmsnrt.rs/2zpUAr4 Markets choppy after Fed warnings on rates US yield curve most inverted since 1981 Dollar runs into fresh selling, but off week’s lows SYDNEY, Nov 18 (Reuters) – Asian shares were in a cautious mood on Friday after US Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in … Read more

Dutch court sentences three to life in prison for 2014 downing of MH17 over Ukraine

Dutch court sentences three to life in prison for 2014 downing of MH17 over Ukraine

Crash killed 298 passengers and crew Court finds Russian missile downed the plane Convicted men are fugitives, believed in Russia AMSTERDAM, Nov 17 (Reuters) – Dutch judges convicted two Russian men and a Ukrainian man in absentia of murder for their role in the shooting down of Flight MH17 over Ukraine in 2014 with the … Read more

Asian stocks shaken by blast in Poland; dollar gains

Asia shares mixed on Fed warning, China hopes

HONG KONG, Nov 16 (Reuters) – Asian stocks dropped and the dollar gained on Wednesday after a blast in Poland that Ukraine and Polish authorities said was caused by a Russian-made missile. Worries over a potential ratcheting up of geopolitical tensions spurred a drop of 1% in MSCI’s broadest index of Asia-Pacific shares outside Japan … Read more

G20 summit deplores war in Ukraine ‘in strongest terms’

G20 summit deplores war in Ukraine 'in strongest terms'

G20 says ‘most members’ condemn war in Ukraine Threat of use of nuclear weapons ‘inadmissible’ -declaration Agreement to calibrate monetary tightening NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in the strongest terms” on Wednesday and demanded its unconditional withdrawal in a declaration … Read more