China mourns former leader Jiang Zemin with bouquets, black front pages

China mourns former leader Jiang Zemin with bouquets, black front pages

BEIJING/SHANGHAI, Dec 1 (Reuters) – Chinese newspapers turned their front pages black on Thursday and flags were put at half mast in mourning for the death of former president Jiang Zemin, while well-wishers ugly piles of bouquets outside his childhood home. jiang died in his home city of Shanghai just after noon on Wednesday of … Read more

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 lockdown protests spread to campuses and cities abroad

China's lockdown protests spread to campuses and cities abroad

HONG KONG, Nov 28 (Reuters) – Protests against China’s strict zero-COVID policy and restrictions on freedoms have spread to at least a dozen cities around the world in a show of solidarity with rare displays of defiance in China over the weekend. Expatriate dissidents and students staged small-scale vigilantes and protests in cities around the … 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

Taiwan president quits as party head after China threat bet fails to win votes

Taiwan president quits as party head after China threat bet fails to win votes

TAIPEI, Nov 26 (Reuters) – Taiwan President Tsai Ing-wen resigned as head of the ruling Democratic Progressive Party (DPP) on Saturday after her strategy to frame local elections as showing defiance to China’s rising bellicosity failed to pay off and win public support . The elections for mayors, county chiefs and local councilors are ostensibly … 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

North Korea’s Kim oversees ICBM test, vows more nuclear weapons

North Korea's Kim oversees ICBM test, vows more nuclear weapons

SEOUL, Nov 19 (Reuters) – North Korean leader Kim Jong Un pledged to counter US nuclear threats with nuclear weapons as he inspected a test of the country’s new intercontinental ballistic missile (ICBM), state media KCNA said on Saturday. The isolated country tested the Hwasong-17 ICBMs on Friday a day after warning of “fiercer military … Read more

North Korea fires long-range missile landing near Japan, draws condemnation

North Korea fires long-range missile landing near Japan, draws condemnation

SEOUL/TOKYO, Nov 18 (Reuters) – North Korea test-fired an intercontinental ballistic missile (ICBM) on Friday that Japanese officials said had sufficient range to reach the mainland of the United States and that landed just 200 kilometers (130 miles) off Japan. The launch, reported by both South Korean and Japanese officials, comes a day after a … 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

North Korea fires missile, vows ‘fiercer’ responses to US, allies

North Korea fires missile, vows 'fiercer' responses to US, allies

SEOUL, Nov 17 (Reuters) – North Korea fired a ballistic missile on Thursday as it warned of “fiercer military responses” to US efforts to boost its security presence in the region with its allies, saying Washington is taking a “gamble it will regret “. South Korea’s military said the ballistic missile was launched from the … Read more