September 10, 2021 SINGAPORE (Reuters) – Singapore sees no need to tighten COVID-19 curbs for now despite a spike in infections over recent weeks, a top official said on Friday, but will not press ahead with more reopening moves as it monitors for severe cases. The country will take a pause and monitor the situation […]
Spanish Foreign Min in Pakistan to evacuate Afghans who helped Spain
September 10, 2021 MADRID (Reuters) – Spanish Foreign Minister Jose Manuel Albares arrived in Pakistan on Friday to ask for help in securing the evacuation from Afghanistan of people who worked with Spanish forces there. Spain says it has already evacuated more than 2,200 people from Afghanistan, most of them Afghans at risk of reprisals […]
Take Five: Big in Japan
September 10, 2021 (Reuters) – 1/WANTED: PRIME MINISTER In the wide-open contest to be Japan’s next premier, hopefuls have until Friday to announce intentions. For now, it’s a three-horse race: The favourite, COVID-19 vaccine minister Taro Kono, ex-foreign minister Fumio Kishida and ex-internal affairs minister Sanae Takaichi – the first woman to bid for the […]
Harvard University to end investment in fossil fuels
September 10, 2021 By Ross Kerber BOSTON (Reuters) -Harvard University is ending its investments in fossil fuels, the school’s president said on Thursday, drawing praise from divestment activists who had long pressed the leading university to exit such holdings. In a letter posted on Harvard’s website, President Lawrence Bacow said the school’s endowment had no […]
Chinese firms with offshore structure to need approval for Hong Kong IPOs -sources
September 10, 2021 HONG KONG (Reuters) – China’s securities regulator is looking to expand its scrutiny of overseas listings by offshore incorporated companies to include initial public offerings (IPO) in Hong Kong, five people with knowledge of the matter said. The China Securities Regulatory Commission (CSRC) has already been setting up a team https://ift.tt/3tuJ0VQ to […]
UK has foiled 31 terror plots in the last four years – spy chief
September 10, 2021 LONDON (Reuters) – Police and intelligence services have disrupted 31 plots to attack Britain in the last four years, Ken McCallum, director general of the MI5 domestic intelligence agency, said on Friday. The majority of plots were from Islamist extremists, but a growing number are organised far-right groups, he said. “Even during […]
Russia to reinforce its Tajikistan base with new tanks
September 10, 2021 MOSCOW (Reuters) – Russia is to equip its military base in Tajikistan, which neighbours Afghanistan, with 30 new tanks by the end of the year, the Interfax news agency reported. Moscow has held military exercises in Tajikistan and expanded the hardware at the base, its biggest in a foreign country, since the […]
Ukraine president says war with Russia is a worst-case possibility
September 10, 2021 KYIV (Reuters) – Ukraine’s President Volodymyr Zelenskiy on Friday said all-out war with Russia was a possibility, adding that he wanted to have a substantive meeting with Russian President Vladimir Putin. “I think there can be,” Zelenskiy said when asked if there was a real possibility of all out-war with Russia, speaking […]
Nigerian one-click checkout platform OurPass raises $1M pre-seed, wants to build ‘Fast for Africa’
We like to buy things online ranging from e-commerce stores to subscription-based sites. However, no one enjoys the hassle when you have to always re-log into different sites and stores. I mean, shopping can be a whole lot more fun if a fast logging and checkout system existed across all your favorite online stores. In […]
Cricket-Manchester test likely to be postponed after India COVID-19 case
September 10, 2021 MANCHESTER, England (Reuters) – India’s fifth and final test against England, scheduled to begin later on Friday in Manchester, is likely to be postponed after a COVID-19 case in the tourists’ camp, an Indian cricket board official said. Both boards were in talks to explore when the match could start, the official […]
EU ministers stress need for EU budget rules to support investment
September 10, 2021 BRDO, Slovenia (Reuters) – European Union finance ministers stressed on Friday that any changes to EU budget rules, now under review, should support continued investment in the post-pandemic economy. EU budget rules, which set limits on government borrowing to protect the value of the euro, are now suspended until the end of […]
Tennis-Fairytale run leaves Raducanu 100% committed to sport
September 10, 2021 NEW YORK (Reuters) – Two years ago, Emma Raducanu was not sure tennis was the perfect fit and she kept her education as a backup option but there are no more doubts for the British teenager as her fairytale run takes her to her first major final at the U.S. Open. After […]
European stocks track Asian equities higher
September 10, 2021 (Reuters) – European stocks inched higher on Friday, tracking a positive trading session in Asia, even as investors weighed risks from tighter monetary policies after the European Central Bank signalled a slowdown of its pandemic-era bond purchases. The pan-European STOXX 600 index was up 0.2%, as of 0710 GMT, but was still […]
Marketmind: Hitting the buffers
September 10, 2021 A look at the day ahead from Sujata Rao. A phone chat between the U.S. and Chinese presidents has made all the difference to markets’ mood: world stocks have snapped a three-day losing streak, the yuan is at one-week highs and U.S. Treasury yields are moving up. Yet there is no dismissing […]
China lobbies Australia parliament on joining regional trade pact
September 10, 2021 SYDNEY (Reuters) – China has lobbied the Australian parliament to help it join a major regional trading pact, describing the strength of Chinese trade with Australia and avoiding mention of billions of dollars in punitive sanctions imposed by Beijing. The Chinese embassy’s suggestion, in a submission to a parliamentary inquiry, came in […]
JPMorgan slashes price target for troubled China property giant Evergrande
September 10, 2021 LONDON (Reuters) – Investment bank JPMorgan slashed its price target for China’s debt-hobbled property giant Evergrande Group to HK$2.80 from HK$7.20 on Friday, saying there was likely to be more negative news about its finances. The bank also cut its recommendation to underweight from overweight. “We believe the company will continue to […]
Chip shortage pushes Reliance, Google to delay India smartphone launch
September 10, 2021 BENGALURU (Reuters) – Indian conglomerate Reliance Industries delayed the launch of a low-cost smartphone it is developing with Google to November, citing an industry-wide semiconductor shortage. The “ultra-affordable” smartphone, developed jointly by Reliance’s telecom arm and Google, was set to be rolled out from Sept. 10. Companies globally are tackling a massive […]
Tunisian president plans to change political system, suspend constitution -adviser
September 10, 2021 By Tarek Amara and Angus McDowall TUNIS (Reuters) -Tunisian President Kais Saied plans to suspend the constitution and may amend the political system via a referendum, one of his advisers told Reuters on Thursday in the first clear indication of his plans after moves his critics have called a coup. More than […]
China to kick off long-awaited Wealth Connect wrapping in HK, Macau
September 10, 2021 SHANGHAI (Reuters) – China will launch on Friday a long-awaited Wealth Management Connect scheme linking its southern province of Guangdong with neighbouring Hong Kong and Macau, as Beijing moves to integrate the mainland with the two territories more closely. The cross-boundary scheme will initially lead to combined fund flows of 300 billion […]
China vehicle sales slid 18% in August – industry body
September 10, 2021 BEIJING (Reuters) – China’s auto sales fell 17.8% in August from the corresponding month a year earlier, industry data showed on Friday. Overall sales in the world’s biggest car market stood at 1.8 million vehicles in August, data from the China Association of Automobile Manufacturers (CAAM) showed. For the first eight months […]