September 29, 2021 TOKYO (Reuters) -Fumio Kishida, a former foreign minister, on Wednesday won the race to lead Japan’s ruling Liberal Democratic Party (LDP) party and become the next prime minister. The soft-spoken Kishida, 64, won a run-off against vaccine minister Taro Kono with 257 votes to 170. Here are some reactions to the news. […]
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Lengthy queues build outside gas stations in London again
September 29, 2021 By Guy Faulconbridge LONDON (Reuters) -Lengthy queues formed outside gas stations across London again on Wednesday as the strain on fuel supplies continued despite Prime Minister Boris Johnson saying the situation was improving. Britain has been gripped by a rush of panic-buying for almost a week that has left pumps dry across […]
Support for Dutertes declines in Philippines election survey
September 29, 2021 MANILA (Reuters) – The daughter of Philippine leader Rodrigo Duterte remains the most popular prospect for next year’s presidential election, an opinion poll showed on Wednesday, while her father slipped into second among contenders for the vice-presidency. Sara Duterte-Carpio, who this month said she would not seek (https://ift.tt/3lCCSYi) higher office, has topped […]
Bolivia coca farmers battle for control as protests turn violent
September 29, 2021 By Daniel Ramos and Monica Machicao LA PAZ (Reuters) – Bolivia’s coca farmers are battling for control of the leaf’s main market in the highland city of La Paz, a conflict which has seen producers and police clash in the streets with slingshots and tear gas, and even a building set on […]
Factbox-Boxing-Manny Pacquiao, Asia’s rags to riches champion
September 29, 2021 (Reuters) – Manny Pacquiao, one of the most decorated fighters in world boxing, announced his retirement from the sport on Wednesday to concentrate on a run for the presidency in the Philippines. Below are some facts about Pacquiao. HUMBLE BEGINNINGS – Pacquiao was born in 1978 in Kibawe in the southern province […]
New Zealand to halt removal of ‘at risk’ children from families
September 29, 2021 WELLINGTON (Reuters) – New Zealand said on Wednesday it will put a virtual halt to the practice of taking at-risk children away from their families, a care policy that has long angered its indigenous Maori community. Children deemed to be facing harm have been moved into state care for decades despite Maori […]
Swiss markets watchdog approves first crypto assets fund
September 29, 2021 ZURICH (Reuters) – Switzerland’s financial markets supervisor said on Wednesday it had approved the country’s first fund that invests primarily in crypto assets. The Crypto Market Index Fund is restricted to qualified investors and categorised under “other funds for alternative investments” with particular risks, the Swiss Financial Market Supervisory Authority (FINMA) said […]
Bobsleigh-London long jump champ Rutherford targets Winter Games medal
September 29, 2021 (Reuters) – London 2012 long jump champion Greg Rutherford has secured a place on Britain’s bobsleigh squad, the 34-year-old said, as he looks to become the country’s first athlete to medal at both a Summer and Winter Olympics. Rutherford, who retired from long jump competition in 2018 because of injury, is aiming […]
Horse racing-Trainer Farrelly permanently excluded from British racing
September 29, 2021 (Reuters) – The British Horseracing Authority (BHA) said trainer Johnny Farrelly has been permanently excluded from racing with no right to review for seven years after being found to have breached safeguarding rules. Farrelly, who has trained from a stable in Somerset since 2013 had five winners this season, was found guilty […]
NBA-Unvaccinated players to face extensive COVID-19 curbs: ESPN
September 29, 2021 (Reuters) -NBA players who are not vaccinated against COVID-19 will have to comply with a long list of restrictions to take part in the upcoming season, ESPN https://ift.tt/3mbuijg reported. Vaccination is not mandatory but 90% of players already are, NBA Players Association executive director Michele Roberts told Yahoo Sports in July. ESPN […]
Thai Aug factory output drops 4.15% y/y, worst than forecast
September 29, 2021 BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in August fell 4.15% from a year earlier, as a coronavirus outbreak affected production and jobs, the industry ministry said on Wednesday, missing analyst forecasts. The reading compared with a forecast for no change in output in a Reuters poll and July’s revised 3.92% […]
Boeing 737 MAX test flight for China’s regulator a success – exec
September 29, 2021 By Stella Qiu and David Kirton ZHUHAI, China (Reuters) – Boeing Co’s 737 MAX test flight for China’s aviation regulator last month was successful and the planemaker hopes a two-year grounding will be lifted this year, the head of Boeing’s China business said on Wednesday. “It went off without a hitch,” Boeing […]
Central banks parse inflation risk as turn from pandemic policy begins
September 29, 2021 By Howard Schneider, Balazs Koranyi, Leika Kihara and David Milliken (Reuters) – Central banks that launched massive emergency support to fight the pandemic last year are now planning a global turn in the other direction, with gaps already emerging in their perceived risk of inflation, the need to respond to it, and […]
As fuel pumps remain dry, UK’s Johnson says plans in place for supply chains
September 29, 2021 By Michael Holden, Kylie MacLellan and Costas Pitas LONDON (Reuters) -British Prime Minister Boris Johnson sought on Wednesday to quell public fears as panic-buying left fuel pumps dry across major cities, saying the government was making preparations to ensure supply chains were ready for the run-up to Christmas. Johnson said the situation […]
Hedvig banks $45M to expand its millennial-focused insurance service in Europe
Millennial consumers are emerging as a key demographic in the insurance market, and today a Swedish startup that’s building a business catering specifically to their needs and priorities is announcing a round of funding to fuel its growth. Hedvig, a neo-insurer that provides property, travel, contents, and accident insurance geared to the lifestyles of younger […]
Boxing – Manny Pacquiao retires from boxing
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 […]