News

September 14, 2021 (Reuters) – Pele will be moved out of intensive care in the next day or two as the Brazil soccer great continues his recovery from surgery, his daughter Kely Nascimento said. The 80-year-old, three-times World Cup winner has been in the Alberto Einstein hospital in Sao Paulo since doctors removed a tumour […]

September 14, 2021 KUALA LUMPUR (Reuters) – Malaysia’s cabinet has proposed raising the government’s statutory debt ceiling to 65% of gross domestic product, as part of measures to deal with the economic fallout of the COVID-19 pandemic, the finance minister said on Tuesday. This is the second time in as many years that the government […]

September 14, 2021 BEIJING (Reuters) – Chinese state media on Tuesday said it was “imperative and urgent” to regulate advertisements for cosmetic surgery, procedures and treatments, saying that some made excessive or false claims. “From posters at bus stops and in subway, to introductions on social websites and content platforms, from advertisements planted in films […]

September 14, 2021 (Reuters) – Indonesia’s exports and imports likely continued to surge in August, driven by high prices of the country’s main commodities like coal and palm oil, a Reuters poll showed on Tuesday. A survey of 18 economists forecast the economy’s August trade surplus had shrunk to $2.36 billion from $2.59 billion in […]

September 14, 2021 By Sonali Paul MELBOURNE (Reuters) – BHP Group will transfer a smaller-than-expected $3.9 billion in oil and gas decommissioning liabilities to Woodside when it merges its petroleum business with the independent Australian gas producer. Woodside’s shares jumped 6.5% after the figure was disclosed in BHP’s annual report on Tuesday, outperforming gains of […]

September 14, 2021 BEIJING (Reuters) – Chinese state media on Tuesday said it was “imperative and urgent” to regulate advertisements for cosmetic surgery, procedures and treatments, saying that some made excessive or false claims. “From posters at bus stops and in subway, to introductions on social websites and content platforms, from advertisements planted in films […]

September 14, 2021 WASHINGTON (Reuters) – China’s new ambassador to the United States called on Monday for stable and constructive commercial ties between the world’s two biggest economies, even as they struggle to resolve political and trade differences, a trade group said. The envoy, Qin Gang, made the comments in an online meeting with the […]

September 14, 2021 By Josh Smith SEOUL (Reuters) – South Korea’s failure to pass national laws banning discrimination is taking a toll on citizens, particularly LGBT youth, a new report said on Tuesday, as activists see pending legislation as the best chance yet to extend protections. U.S.-based Human Rights Watch said its research showed the […]

September 14, 2021 By Scott Murdoch HONG KONG (Reuters) – Asia’s share markets were mixed and the dollar held steady on Tuesday, with investors awaiting U.S inflation data for more clues on when the Federal Reserve will taper stimulus. China’s tightening grip on its technology companies and a widening liquidity crisis for the country’s most […]

September 14, 2021 SYDNEY (Reuters) – Australia’s top central banker said on Tuesday coronavirus lockdowns would cause a sharp contraction in the economy this quarter but was confident activity would rebound quickly once restrictions were eased in the December quarter. In a speech, Reserve Bank of Australia (RBA) Governor Philip Lowe also reiterated that interest […]

September 14, 2021 SEOUL (Reuters) -South Korea’s antitrust regulator on Tuesday fined Alphabet Inc’s Google 207 billion won ($176.64 million), saying the U.S. technology giant abused its dominant market position to restrict competition in the mobile operating system (OS) market. The Korea Fair Trade Commission (KFTC) investigated Google for allegedly preventing local smartphone makers from […]

September 14, 2021 TOKYO (Reuters) – Top nuclear envoys from Japan, the United States and South Korea held talks in Tokyo on Tuesday to discuss how to rein in North Korea’s missile and nuclear programmes, a day after Pyongyang said it conducted a new long-range missile test https://ift.tt/3hssFw4. North Korea’s state media announced on Monday […]

September 14, 2021 By Yuka Obayashi TOKYO (Reuters) – Oil prices extended gains on Tuesday, hovering near a six-week high, on signs another storm could affect output in Texas this week even as the U.S. industry struggles to return production after Hurricane Ida wreaked havoc on the Gulf Coast. Brent crude rose 15 cents, or […]

September 14, 2021 SYDNEY (Reuters) – Prices for Australian residential properties in the major cities climbed a record 6.7% in the June quarter versus the previous quarter amid super-low borrowing costs and strong demand for work-at-home property. Data out on Tuesday from the Australian Bureau of Statistics showed gains across the country, led by an […]

September 14, 2021 By David Stanway SHANGHAI (Reuters) – Bank of China (BoC), a top global investor in coal power plants, must end the financing of such projects outside China and support clean and renewable energy instead, an alliance of 35 non-governmental organisations said on Tuesday. The comments, made in an open letter to state-controlled […]

September 14, 2021 SYDNEY (Reuters) – Australia’s Victoria state on Tuesday reported an easing in new COVID-19 infections as it looks to accelerate the vaccination rollout in Melbourne’s hardest-hit suburbs, the state capital. A total of 445 new locally acquired cases were detected, down from the year’s high of 473 hit a day earlier. Two […]

September 14, 2021 BEIJING (Reuters) – China reported on Tuesday 92 new confirmed coronavirus cases in the mainland for Sept. 13, compared with 49 a day earlier, according to the National Health Commission. Of the new infections, 59 were locally transmitted, all of which were in Fujian, the health authority said. That compares with 22 […]

September 14, 2021 (Reuters) -Cash-strapped developer China Evergrande Group said on Tuesday a significant drop in its property sales would continue this month due to concerns over its debt, which is likely to further deteriorate its liquidity and cash flow. The group is engaged in discussions with potential investors to sell some of its assets, […]

September 14, 2021 By Rocky Swift TOKYO (Reuters) – Takeda Pharmaceutical Co, which distributes Moderna Inc’s COVID-19 shots in Japan, expects vaccines to become a bigger part of its portfolio as shots for dengue fever and COVID-19 near regulatory approval, its chief executive said. Takeda, Japan’s biggest drugmaker and among the top 10 globally after […]

September 14, 2021 By Mindy Burrows LONDON (Reuters) – Stars and cast members walked the pink carpet in London on Monday for the premiere of the film adaptation of the musical “Everybody’s Talking About Jamie.”     The musical is based on the true story of Jamie Campbell, a 16-year-old boy from the small British […]