News

September 29, 2021 WELLINGTON (Reuters) – New Zealand’s daily coronavirus cases jumped to their highest level in weeks on Wednesday, a setback to the South Pacific nation’s battle to eliminate the highly infectious Delta variant from its shores. Health authorities reported 45 new cases, all in the biggest city, Auckland, taking the total number of […]

September 29, 2021 By Renju Jose SYDNEY (Reuters) – Australia’s federal government will wind down emergency funding for people who lost work during COVID-19 shutdowns as vaccination rates increase across the country, putting pressure on state and territory leaders to keep their economies open. The decision to cut off federal support when inoculation levels reach […]

September 29, 2021 By Byron Kaye SYDNEY (Reuters) – CNN said it has stopped posting articles on Australian Facebook Inc pages, citing a court ruling that publishers are liable for defamation in public comments and the social media firm’s refusal to help it disable comments in the country. The move makes CNN, which is owned […]

September 29, 2021 SEOUL (Reuters) – Samsung Electronics Co Ltd is close to finalising the construction of a second, $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said. Samsung told Reuters that it is continuing due diligence in multiple locations, and that it […]

September 29, 2021 By Shivani Singh BEIJING (Reuters) – China’s all-powerful economic planning agency waded into the country’s power crunch on Wednesday, attempting to reassure residents and businesses in areas hardest hit by shortages that it has the coal use and supply situation under close watch. The state planner, the National Development and Reform Commission […]

A screenshot from Night School Studio game “Oxenfree” Night School Studio, the independent game developer known for narrative-driven titles like “Oxenfree,” announced today it has been acquired by Netflix. This makes it the first games studio the streaming giant has purchased. In Netflix’s announcement, Mike Verdu, vice president of game development, wrote Night School’s “commitment […]

September 29, 2021 BELO HORIZONTE, Brazil (Reuters) – Reigning champions Palmeiras reached the final of the Copa Libertadores on the away goals rule on Tuesday following a 1-1 draw at fellow Brazilian side Atletico Mineiro. After a 0-0 draw in the first leg, the teams played out a turgid first half in Belo Horizonte on […]

September 29, 2021 (Reuters) -The European Union and China must continue engaging on a number of issues despite differences, the bloc’s foreign policy chief Josep Borrell told his Chinese counterpart Wang Yi in a video call on Tuesday, according to an EU statement. “The High Representative noted that while disagreements still persisted, the EU and […]

September 29, 2021 By Alun John HONG KONG (Reuters) – Asian shares lost ground on Wednesday, tracking declines on Wall Street as investors fretted over economic uncertainties that caused a spike in U.S. benchmark bond yields and pushed the dollar to a more than 10-month high. Doubts are re-emerging over the global recovery at a […]

September 29, 2021 (Refiles to correct date on Taiwan announcement to earlier this month from Friday) (Reuters) – Analysts warn Asia may be sliding into an accelerating arms race as countries react to China’s military growth and tensions around North Korea’s weapons programmes linger. Here is a list of defence systems several Asian countries are […]

September 29, 2021 SANTIAGO (Reuters) – Chile’s lower congressional chamber on Tuesday approved a bill that would allow citizens to make a fourth withdrawal from their pension funds, and sent it to the Senate for a vote, despite opposition from the government. The initiative passed with 94 votes in favor, just one more than the […]

September 29, 2021 By Antoni Slodkowski (Reuters) – Japan’s ruling party votes for a new leader on Wednesday in an unusually unpredictable tussle that will essentially decide the next prime minister of the world’s third largest economy.     Four candidates are in the running to lead the Liberal Democratic Party, including the popular vaccine minister […]

September 29, 2021 By Bill Barreto GUATEMALA CITY (Reuters) – Residents of a Mayan community in Guatemala prevented experts on Tuesday from beginning to exhume the remains of more than 100 children believed to have been buried clandestinely in a former military garrison during the country’s civil war in the 1980s. The search efforts in […]

September 29, 2021 MELBOURNE (Reuters) – A group of six investors with a combined $4 trillion of assets under management, including Fidelity International, said on Wednesday it aims to step up engagement with big Asian companies like banks and energy producers to ensure they have a road map to meet climate change targets. Initial engagement […]

September 29, 2021 HONG KONG (Reuters) – Shares of embattled China Evergrande rose around 2% on Wednesday ahead of a deadline for an interest payment to offshore bondholders that gives the property developer its next test in public markets. Evergrande missed a bond interest payment last week and has another coupon payment of $47.5 million […]

September 29, 2021 By Tom Westbrook SINGAPORE (Reuters) – The dollar traded near its highest levels of the year on Wednesday, after driving higher with U.S. yields and benefiting from investor nervousness about the Federal Reserve starting to withdraw policy support just as global growth headwinds gather. The dollar rose broadly overnight to lift the […]

September 29, 2021 SEOUL (Reuters) – Apple and Alphabet’s Google have been asked to turn in by mid-October compliance plans for a new South Korean law that bans major app store operators from forcing software developers to use their payment systems, a regulatory official said on Wednesday. Apple and Google did not have immediate comment. […]

September 29, 2021 HONG KONG (Reuters) -Cash-strapped China Evergrande Group said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake it owns in Shengjing Bank Co Ltd to a state-owned asset management company as it scrambles to raise funds. After missing a bond interest payment last week, Evergrande faces a big […]

September 29, 2021 HONG KONG (Reuters) – Investors were bracing for potential market turbulence on Wednesday as a bond coupon payment for China Evergrande Group comes due, giving the embattled property developer its next test in public markets. Once the face of China’s frenzied building boom, Evergrande has now become the face of a crackdown […]

September 29, 2021 WASHINGTON (Reuters) – Two U.S. senators said on Tuesday a Facebook Inc whistleblower will testify at a Senate hearing next week about what one of them called the social media company’s “toxic effects” on young users. “This whistleblower’s testimony will be critical to understanding what Facebook knew about its platforms’ toxic effects […]