September 29, 2021 MANILA (Reuters) – Boxing star Manny Pacquiao, who is planning to run for president in the 2022 Philippine elections, said on Wednesday he was retiring from boxing to focus on the biggest fight in his political career. Pacquiao made the announcement in a video posted on his official Facebook page. In August, […]
Thai Fin Min says monetary policy must be accommodative
September 29, 2021 BANGKOK (Reuters) – Thailand’s finance minister said on Wednesday that monetary policy needed to be kept accomodative and be in step with fiscal policy to support Southeast Asia’s second-biggest economy. Speaking to a business seminar, Finance minister Arkhom Termpittayapaisith also said that exports should be able to underpin economic growth this year. […]
Brazil’s Eletrobras to receive $500 million in regulatory decision
September 29, 2021 (Reuters) – Brazilian state-run utility Eletrobras said on Tuesday that electric sector regulator Aneel ruled that the company would receive a 2.67 billion reais ($500 million) credit related to the “fuel consumption account” program. Centrais Eletricas Brasileiras SA as the company is formally known said in a securities filing that the ruling […]
Japan’s GPIF to shun Chinese govt bonds even after benchmark inclusion
September 29, 2021 By Hideyuki Sano and Andrew Galbraith TOKYO/SHANGHAI (Reuters) – Japan’s Government Pension Investment Fund (GPIF) will not invest in Chinese government bonds due to settlement and liquidity issues, even after they will be included in a major bond index next month, it said on Wednesday. The world’s largest pension fund, with total […]
China calls for coal transportation to be strengthened to secure supply
September 29, 2021 BEIJING (Reuters) – China’s top economic planner said on Wednesday that railway companies and local authorities should strengthen coal transportation in key areas including the northeast region and ensure stable supply for power generation. The National Development and Reform Commission (NDRC) sent local economic planners, energy administrations and railway companies a notice […]
Taiwan economy likely to grow above 6% this year, finance minister says
September 29, 2021 TAIPEI (Reuters) – Taiwan’s economy is likely to grow more than 6% this year, Finance Minister Su Jain-rong said on Wednesday, offering a forecast slightly more optimistic than the central bank’s outlook last week. Su made the comment while taking lawmaker questions in parliament. Last week, the central bank had revised up […]
U.S. bars flight from landing with Americans from Kabul – activists
September 29, 2021 By Jonathan Landay WASHINGTON (Reuters) – The Department of Homeland Security on Tuesday denied U.S. landing rights for a charter plane carrying more than 100 Americans and U.S. green card holders evacuated from Afghanistan, organizers of the flight said. “They will not allow a charter on an international flight into a U.S. […]
New Zealand’s COVID cases jump as its battles Delta variant
September 29, 2021 WELLINGTON (Reuters) – New Zealand’s daily coronavirus cases jumped to their highest level in weeks on Wednesday, a setback to the South Pacific nation’s battle to eliminate the highly infectious Delta variant from its shores. Health authorities reported 45 new cases, all in the biggest city, Auckland, taking the total number of […]
Australia’s federal govt to cut COVID-19 income support
September 29, 2021 By Renju Jose SYDNEY (Reuters) – Australia’s federal government will wind down emergency funding for people who lost work during COVID-19 shutdowns as vaccination rates increase across the country, putting pressure on state and territory leaders to keep their economies open. The decision to cut off federal support when inoculation levels reach […]
CNN quits Facebook in Australia, citing defamation risk
September 29, 2021 By Byron Kaye SYDNEY (Reuters) – CNN said it has stopped posting articles on Australian Facebook Inc pages, citing a court ruling that publishers are liable for defamation in public comments and the social media firm’s refusal to help it disable comments in the country. The move makes CNN, which is owned […]
Samsung Electronics close to finalising $17 billion Texas chip plant -sources
September 29, 2021 SEOUL (Reuters) – Samsung Electronics Co Ltd is close to finalising the construction of a second, $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said. Samsung told Reuters that it is continuing due diligence in multiple locations, and that it […]
China seeks to calm power supply fears as crunch bites
September 29, 2021 By Shivani Singh BEIJING (Reuters) – China’s all-powerful economic planning agency waded into the country’s power crunch on Wednesday, attempting to reassure residents and businesses in areas hardest hit by shortages that it has the coal use and supply situation under close watch. The state planner, the National Development and Reform Commission […]
Netflix acquires its first games studio, “Oxenfree” developer Night School
A screenshot from Night School Studio game “Oxenfree” Night School Studio, the independent game developer known for narrative-driven titles like “Oxenfree,” announced today it has been acquired by Netflix. This makes it the first games studio the streaming giant has purchased. In Netflix’s announcement, Mike Verdu, vice president of game development, wrote Night School’s “commitment […]
Soccer-Reigning champions Palmeiras qualify for Libertadores final
September 29, 2021 BELO HORIZONTE, Brazil (Reuters) – Reigning champions Palmeiras reached the final of the Copa Libertadores on the away goals rule on Tuesday following a 1-1 draw at fellow Brazilian side Atletico Mineiro. After a 0-0 draw in the first leg, the teams played out a turgid first half in Belo Horizonte on […]
Europe and China must continue talking despite disagreements, EU says
September 29, 2021 (Reuters) -The European Union and China must continue engaging on a number of issues despite differences, the bloc’s foreign policy chief Josep Borrell told his Chinese counterpart Wang Yi in a video call on Tuesday, according to an EU statement. “The High Representative noted that while disagreements still persisted, the EU and […]
Asian shares stumble as U.S. yields, dollar hold firm
September 29, 2021 By Alun John HONG KONG (Reuters) – Asian shares lost ground on Wednesday, tracking declines on Wall Street as investors fretted over economic uncertainties that caused a spike in U.S. benchmark bond yields and pushed the dollar to a more than 10-month high. Doubts are re-emerging over the global recovery at a […]
An intensifying arms race in Asia
September 29, 2021 (Refiles to correct date on Taiwan announcement to earlier this month from Friday) (Reuters) – Analysts warn Asia may be sliding into an accelerating arms race as countries react to China’s military growth and tensions around North Korea’s weapons programmes linger. Here is a list of defence systems several Asian countries are […]
Chilean bill to allow for fourth pension withdrawal advances in Congress
September 29, 2021 SANTIAGO (Reuters) – Chile’s lower congressional chamber on Tuesday approved a bill that would allow citizens to make a fourth withdrawal from their pension funds, and sent it to the Senate for a vote, despite opposition from the government. The initiative passed with 94 votes in favor, just one more than the […]
What to watch for in Japan’s leadership vote Wednesday
September 29, 2021 By Antoni Slodkowski (Reuters) – Japan’s ruling party votes for a new leader on Wednesday in an unusually unpredictable tussle that will essentially decide the next prime minister of the world’s third largest economy. Four candidates are in the running to lead the Liberal Democratic Party, including the popular vaccine minister […]
Search for remains of indigenous children killed in Guatemala massacre blocked by residents
September 29, 2021 By Bill Barreto GUATEMALA CITY (Reuters) – Residents of a Mayan community in Guatemala prevented experts on Tuesday from beginning to exhume the remains of more than 100 children believed to have been buried clandestinely in a former military garrison during the country’s civil war in the 1980s. The search efforts in […]
