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

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

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

Wrangling over Ukraine war dominates summit of G20 major economies

Wrangling over Ukraine war dominates summit of G20 major economies

Draft declaration: ‘Most’ G20 members condemn Ukraine war Ukraine’s Zelenskiy pushes his plan to end conflict Indonesia appeals for end to political polarization US President Biden skips gala dinner on island of Bali NUSA DUA, Indonesia, Nov 15 (Reuters) – A Western-led push to condemn Russia’s invasion of Ukraine dominated Tuesday’s Group of 20 summit … Read more