September 7, 2021 (Reuters) – Myanmar’s National Unity Government, formed by opponents of military rule, unveiled a new strategy on Tuesday aimed at pressuring the junta, including through action by militias and ethnic forces and urging bureaucrats to leave government posts. The acting president of the National Unity Government, Duwa Lashi La, said in a […]
Tennis-Pliskova advances to U.S. Open quarters, her fourth
September 7, 2021 NEW YORK (Reuters) – Fourth-seeded Karolina Pliskova mounted a strong defensive effort to send Russian Anastasia Pavlyuchenkova packing 7-5 6-4 in the fourth round of the U.S. Open on Monday, keeping on track her bid for a maiden major title. The Wimbledon runner-up fired off seven forehand winners and converted on break […]
Dollar drifting as traders turn to central bankers
September 7, 2021 By Tom Westbrook SINGAPORE (Reuters) – The dollar hovered near recent lows on Tuesday as traders braced for a slew of central bank meetings from Australia to Europe and Canada this week, looking for any signs that they are making progress towards policy normalisation. The possibility of a tapering delay in the […]
World shares at record high as investors count on Fed largesse
September 7, 2021 By Hideyuki Sano TOKYO (Reuters) – Global stocks inched higher on Tuesday to a record high for the eight straight session as investors wagered the U.S. Federal Reserve is likely to delay the start of tapering its asset purchases after the soft U.S. jobs data. Japanese shares extended their bull run on […]
Oil wobbles as demand woes stalk market after Saudi price cuts
September 7, 2021 By Yuka Obayashi TOKYO (Reuters) – Oil prices were wobbly on Monday as investors grappled with demand concerns after Saudi Arabia’s sharp cuts to crude contract prices for Asia. Brent crude futures for November rose 4 cents, or 0.1%, to $72.26 a barrel by 0056 GMT, after falling 39 cents on Monday. […]
Taliban claim control of Panjshir, opposition says resistance will continue
September 7, 2021 (Reuters) – The Taliban claimed victory on Monday in the last part of Afghanistan still holding out against their rule, declaring that the capture of the Panjshir valley completed their takeover of the country and they would unveil a new government soon. Pictures on social media showed Taliban members standing in front […]
A’s, White Sox hoping to improve playoff positioning
September 7, 2021 The Chicago White Sox could play a role in determining a future playoff opponent when they kick off an important six-game sequence with the opener of a three-game series against the host Oakland Athletics on Tuesday night. Chicago (79-58) begins its week well in command of the American League Central, but also […]
Mystics visit Storm with postseason aspirations at stake
September 7, 2021 The Washington Mystics and the host Seattle Storm are both struggling as they prepare to meet Tuesday night. The difference is that defending WNBA champion Seattle already has clinched a playoff berth while the Mystics are in a four-team battle for the two remaining playoff spots. The Storm (19-10) stopped a three-game […]
New Zealand cenbank Deputy Governor Bascand to leave bank in January
September 7, 2021 SYDNEY (Reuters) – The Reserve Bank of New Zealand’s (RBNZ) Deputy Governor Geoff Bascand will leave the bank in January next year, it said in a statement on Tuesday. Bascand has been deputy governor since May 2013 and is also a member of the monetary policy committee. The RBNZ governor, board and […]
StanChart strikes deal to launch Singapore digital-only bank
September 7, 2021 (Refiles to fix typo in headline) LONDON (Reuters) – Standard Chartered has agreed a joint venture deal to launch a digital-only bank in Singapore with the country’s National Trades Union Congress (NTUC). A Standard Chartered vehicle will take a 60% stake in the venture, worth 144 million Singapore dollars ($107.28 million), with […]
Foxconn’s Gou hopes for up to 9 million BioNTech shots for Taiwan this year
September 7, 2021 TAIPEI (Reuters) – Taiwan could get up to 9 million doses of BioNTech SE’s COVID-19 vaccine this year, the founder of Taiwanese tech giant Foxconn said on Monday, laying out a delivery timetable for a vaccine order that became heavily politicised. Taiwan had blamed China, which claims the island as its own […]
Portcast gets $3.2M to create more transparent and sustainable supply chains
Portcast founders Dr. Lingxiao Xia and Nidhi Gupta For many manufacturers and freight forwarders, managing logistics is still a very manual process: tracking shipments with a call or online lookup, and entering that data into an Excel spreadsheet. Portcast, which describes itself as a “next-generation logistics operating system,” makes the process more efficient by gathering […]
After years of inaction against adtech, UK’s ICO calls for browser-level controls to fix ‘cookie fatigue’
In the latest quasi-throwback toward ‘do not track‘, the UK’s data protection chief has come out in favor of a browser- and/or device-level setting to allow Internet users to set “lasting” cookie preferences — suggesting this as a fix for the barrage of consent pop-ups that continues to infest websites in the region. European web […]
Japan’s July household spending rises less than expected
September 7, 2021 By Kantaro Komiya and Daniel Leussink TOKYO (Reuters) – Japan’s household spending grew less than expected in July as a resurgence of COVID-19 cases hindered consumer activity, throwing broader economic recovery prospects into doubt. The world’s third-largest economy is struggling to shake off the impact of the coronavirus pandemic, which forced the […]
Japan PM candidate Kishida calls for $270 billion-plus stimulus package -media
September 7, 2021 TOKYO (Reuters) – Fumio Kishida, a key contender to succeed Yoshihide Suga as Japan’s prime minister, called for compiling a stimulus package of over 30 trillion yen ($273 billion) to cushion the economic blow from the coronavirus pandemic, a magazine reported. Kishida also said that if he were to become prime minister, […]
Commerce platform ShopUp raises $75 million led by Valar in Bangladesh’s largest funding
ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market. Peter Thiel’s Valar Ventures led ShopUp’s $75 million Series B financing round. Prosus Ventures as well as existing investors Flourish Ventures, Sequoia Capital India, and VEON […]
Tennis-Britain’s star Raducanu takes confident step into the spotlight
September 7, 2021 By Amy Tennery NEW YORK (Reuters) – Her U.S. Open journey isn’t over but Emma Raducanu has already written herself into the history books, reaching her first Grand Slam quarter-final to take up the mantle of British tennis. With grand dame Virginia Wade looking on from the stands, the 18-year-old thrashed American […]
Tiny chips cast big shadow over Munich car show
September 7, 2021 By Nick Carey MUNICH (Reuters) – As carmakers gathered in Munich on Monday to launch almost exclusively zero- or low-emission vehicles, an ongoing semiconductor shortage cast a long shadow over the first major car show since before the pandemic began. Forced to shut down plants last year, carmakers now face increasing competition […]
Japan’s stock market emerges as clear winner of Suga’s abrupt resignation
September 7, 2021 By Hideyuki Sano and Tom Westbrook TOKYO/SINGAPORE (Reuters) – While the race for ruling party leader remains wide open, the Japanese stock market has emerged as a clear winner of Prime Minister Yoshihide Suga’s abrupt departure, with the broad Topix index soaring to 31-year highs. Suga said on Friday he would not […]
France mourns ‘national treasure’ Belmondo, New Wave cinema star
September 7, 2021 PARIS (Reuters) – Jean-Paul Belmondo, a star of France’s New Wave cinema after his breakthrough performance in Jean-Luc Godard’s “A bout de souffle” (“Breathless”) in 1959, has died. He was 88. The death of a leading figure in French cinema was felt across the country. President Emmanuel Macron tweeted that France had […]
