(Reuters) – England head home from New Zealand with the rare sting of defeat after the Black Caps’ ‘Miracle at the Basin’ and more than a little concern over the fitness of captain Ben Stokes a few months out from the Ashes. While Stokes had no regrets about enforcing the follow-on in the one-run defeat …
Cricket-Stokes’s shaky knee to cloud England’s Ashes buildup Read More »
BEIJING (Reuters) – China’s local government fiscal situation is likely to improve as the economy rebounds this year, though debt risk for some authorities is high and repayment pressure is large, Minister of Finance Liu Kun said on Wednesday. The world’s second-largest economy after that of the United States is stabilising after the lifting of …
China finance minister expects better local gov’t fiscal situation in 2023 Read More »
By Summer Zhen HONG KONG (Reuters) – A set of bumper earnings reports from the likes of Baidu Inc and other Chinese internet giants isn’t impressing hedge funds and other investors who have cut exposure to the stocks and seem to be waiting for more good news. For the now, investors remain wary of a …
Hedge funds unimpressed by Chinese internet giants’ peppy earnings Read More »
By David Shepardson WASHINGTON (Reuters) -The top Democrat on the House Foreign Affairs Committee said on Tuesday he opposed a Republican bill that would give President Joe Biden the power to ban Chinese-owned social media app TikTok and other apps. The committee opened debate on Tuesday on the measure, which Republican committee chair Michael McCaul …
US House Democrat opposes giving Biden power to ban TikTok Read More »
BEIJING (Reuters) – China’s factory activity rose for the first time in seven months in February, driven by a renewed upturn in production and new orders and revived customer demand as the country shook off its strict COVID curbs, a private sector survey showed on Wednesday. The Caixin/S&P Global manufacturing purchasing managers’ index (PMI) rose …
China’s factories swing back to growth on removal of COVID curbs – Caixin PMI Read More »
By Jeslyn Lerh SINGAPORE (Reuters) – Commodities pricing agency S&P Global Platts will be excluding Russian-origin material from its assessments of fuel oil cargoes and bunker fuel in Asia and the Middle East from March 1, the company said in a note to subscribers on Wednesday. The decision came after an earlier consultation by Platts …
Platts to exclude Russian oil from Asia fuel oil, bunker assessments Read More »
1 marzo (Reuters) – El club Independiente del Valle de Ecuador hizo historia el martes al vencer 5-4 en la tanda de penales al poderoso Flamengo y conquistar la Recopa Sudamericana en el estadio Maracaná de Brasil, luego de igualar 1-1 en el marcador global. El partido revancha del trofeo entre los campeones de la …
Independiente del Valle vence a Flamengo en los penales y alza Recopa Sudamericana Read More »
By Summer Zhen HONG KONG (Reuters) – Should global portfolios reflect China’s true economic weight, or be adjusted down for its opacity and riskiness? That question seems to be dividing global investors and forcing index curators such as JPMorgan to pander to both camps. JPMorgan has so far only proposed an alternative index to its …
JPMorgan’s index plans show investors’ quandary on China Read More »
HONG KONG (Reuters) -Chinese developer Country Garden Holdings Co Ltd said its chairman Yeung Kwok Keung, 68, had tendered his resignation because of his age and handed over China’s largest developer by sales to his daughter, a co-chairman of the company. The developer’s Hong Kong-listed shares jumped over 7% in morning trading, compared to a …
Chairman of China developer Country Garden steps down Read More »
SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Wednesday that trilateral cooperation with the United States and Japan has become more important than ever to overcoming North Korea’s growing nuclear threats and other crises. Yoon spoke at an event commemorating the country’s historic March First independence movement against Japan’s 1910-1945 occupation of Korea. …
S.Korea’s Yoon says cooperation with US, Japan key to overcoming N.Korea threats Read More »
