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October 4, 2021 TOKYO (Reuters) – Japan’s outgoing finance minister, Taro Aso, said on Monday he had proposed lowering the central bank’s 2% inflation target when prices took a hit from plunging oil prices from 2014 through to 2015. Aso, who was finance minister for nearly nine years, said the oil price slump was among […]

October 4, 2021 By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund (IMF) should create a new instrument that lets richer countries channel their newly created IMF reserves to help a broader set of countries tackle the COVID-19 pandemic and climate change, a new task force said Monday. IMF officials have sought for months […]

The Philippines is one of the most disaster-prone countries in the world, with geography that makes it vulnerable to typhoons, floods, volcanos, earthquakes and droughts. While working in IT, Felix Ayque began compiling cyclone reports and sending them as email alerts to communities. His work evolved into environmental intelligence platform Komunidad, which collects data from […]

October 4, 2021 By Scott DiSavino (Reuters) – Regional natural gas markets in the United States are seeing prices for this winter surge along with global record highs – suggesting that the energy bills causing headaches in Europe and Asia will hit the world’s top gas producer before long. Gas prices in Europe and Asia […]

October 4, 2021 TOKYO (Reuters) – Fumio Kishida was officially elected as Japan’s 100th prime minister on Monday after winning a majority of votes in both houses of parliament. The new cabinet members under Kishida, who succeeds Yoshihide Suga, are due to be announced later in the day. (Reporting by Chang-Ran Kim) Source Link Fumio […]

October 4, 2021 HONG KONG (Reuters) – Hopson Development plans to acquire around 51% of China Evergrande’s property services unit for more than HK$40 billion ($5 billion), China’s Global Times newspaper said on Monday, citing unnamed media reports. Shares of China Evergrande, Evergrande Property Services Group and Hopson were all suspended on Monday. ($1 = […]

October 4, 2021 By Chris Taylor NEW YORK (Reuters) – If your kids have their hearts set on a particular toy this holiday season, a word of warning: It might not be easy as wandering into a store and plucking it off a shelf. Instead, you could find yourself smack in the middle of supply […]

October 4, 2021 (This October 1st story corrects spelling of name in 12th paragraph of Oct. 1 story) By Victoria Klesty OSLO (Reuters) – Demand for Tesla Inc’s mid-sized models helped push up electric car sales in Norway to nearly 80% of total car sales last month, data showed on Friday. The country has been […]

October 4, 2021 TOKYO (Reuters) – Japan’s parliament is expected to vote in Fumio Kishida as the new prime minister on Monday, with a cabinet line-up tipped to feature party stalwarts and allies of former prime minister Shinzo Abe. Here are brief profiles of some likely candidates: FUMIO KISHIDA, PRIME MINISTER A former foreign minister, […]

October 4, 2021 (Reuters) – England are favourites to win the Twenty20 World Cup despite the absence of pace bowler Jofra Archer and all-rounder Ben Stokes, wicketkeeper-batter Jos Buttler said. Stokes was not included in England’s 15-man preliminary squad as he extends his break from cricket to focus on his mental health, while Archer ruled […]

October 4, 2021 By Hideyuki Sano TOKYO (Reuters) – Asian shares dipped on Monday as concerns about China’s property sector and inflation worries offset upbeat U.S. data and positive news on new drugs to fight the coronavirus. Trading in shares of debt-laden China Evergrande was suspended after it missed a key interest payment on its […]

October 4, 2021 SINGAPORE (Reuters) – Singapore’s parliament is set on Monday to debate a proposed law to counter foreign interference that has sparked concerns from opposition parties, rights groups and experts about its broad scope and limits on judicial review. The small and open city-state says it is vulnerable to foreign meddling. The measure, […]

October 4, 2021 WELLINGTON (Reuters) – New Zealand’s Prime Minister Jacinda Ardern extended the level 3 lockdown in its biggest city Auckland on Monday, but said some restrictions will ease. Ardern said from Wednesday Aucklanders will be able to connect with loved ones outdoors with no more than two households gathering at a time, up […]

October 4, 2021 TOKYO (Reuters) – Oil fell on Monday ahead of an OPEC+ supply policy meeting https://ift.tt/3D3ACjG that may decide whether a recent rally in prices can be sustained as the world fitfully recovers from the COVID-19 pandemic. Brent crude was down 24 cents or 0.3% at $79.04 per barrel by 0143 GMT. It […]

October 4, 2021 TOKYO (Reuters) – Oil fell on Monday ahead of an OPEC+ supply policy meeting https://ift.tt/3D3ACjG that may decide whether a recent rally in prices can be sustained as the world fitfully recovers from the COVID-19 pandemic. Brent crude was down 24 cents or 0.3% at $79.04 per barrel by 0143 GMT. It […]

October 4, 2021 By Tom Westbrook SINGAPORE (Reuters) – The dollar found support just below last week’s peaks on Monday as renewed concerns about China’s property sector and looming U.S. labour data put investors in a cautious mood. The greenback scaled a 14-month high on the euro and a 19-month top on the yen last […]

October 4, 2021 HONG KONG (Reuters) – Trading in shares of heavily indebted China Evergrande was suspended on Monday, days after some bondholders said the property developer at the centre of jitters over China’s financial system had missed a second key bond interest payment. Shares of its unit Evergrande Property Services Group were also suspended, […]

October 4, 2021 BUENOS AIRES (Reuters) – Argentina plans to investigate attendance numbers at Sunday’s derby between River Plate and Boca Juniors, a judicial official said, after local media questioned whether numbers exceeded those permitted under COVID-19 rules governing fans’ return. Supporters were allowed back into stadiums in Argentina on Friday after 18 months of […]

October 4, 2021 By Steve Keating TORONTO (Reuters) – The New York Yankees and Boston Red Sox scored dramatic late inning wins to bring the Major League Baseball regular season to an enthralling end on Sunday, setting up a wildcard showdown between the long-time rivals. The final day of a 162-game, six-month marathon began with […]

October 3, 2021 (Reuters) – Levante coach Paco Lopez has become the first LaLiga managerial casualty of the season after the club announced on Sunday that he had been sacked following Saturday’s 1-0 defeat at Mallorca. Levante are third from bottom of the table with four points from eight games, having not won in the […]