September 9, 2021 SHANGHAI/HONG KONG (Reuters) – Indebted China Evergrande Group’s shares and bonds were under fresh pressure on Thursday after media reports that the company would suspend interest payments due on loans to two banks later this month and also all payments to its wealth management products. Investors are factoring in an increasing likelihood […]
News
Sea seeks $6.3 billion in one of Southeast Asia’s biggest fundraisings
September 9, 2021 By Scott Murdoch and Anshuman Daga HONG KONG (Reuters) – Sea Ltd, a Southeast Asian e-commerce and gaming company, plans to raise $6.3 billion in a share and convertible bond sale in one of the region’s largest ever capital raisings, according to the firm’s regulatory filing. The Singapore-headquartered company is looking to […]
Chinese gaming stocks tumble after regulators summon firms
September 9, 2021 SHANGHAI (Reuters) – Chinese gaming and media stocks including Tencent Holdings and NetEase fell on Thursday a day after authorities summoned them and other gaming firms to ensure they implemented new rules for the sector. Tencent shares shed 4% in Asia trade. NetEase’s Hong Kong-listed shares dropped 6.45% after a 5% decline […]
COVID-19 impact could hit Japanese automakers’ output in Oct
September 9, 2021 TOKYO (Reuters) -Disruptions to parts and components suppliers caused by the COVID-19 pandemic could force fresh production cuts at Japanese automakers in October, Akio Toyoda, the head of the auto industry lobby group, said on Thursday. Japanese car companies have already had to cut production this month because of difficulties finding semiconductors […]
Strong Acapulco quake aftershocks unnerve Mexican resort’s residents
September 9, 2021 By Uriel Sanchez ACAPULCO, Mexico (Reuters) -Shaken residents slept in cars and on the streets of Mexico’s famed Acapulco beach resort early on Wednesday, as a series of strong aftershocks rippled through the city after a powerful earthquake that killed one man. The 7.0 magnitude earthquake hit 11 miles (17.7 km) northeast […]
World wary of Taliban government as Afghans urge action on rights and economy
September 9, 2021 (Reuters) – Foreign countries greeted the makeup of the new government in Afghanistan with caution and dismay on Wednesday after the Taliban appointed hardline veteran figures to an all-male cabinet, including several with a U.S. bounty on their heads. As the newly appointed ministers and their deputies set to work after they […]
The newest Roomba gets smarter as it vacuums
The Roomba is easily among the most ubiquitous robots in the world — but it has never been one of the smartest. On the whole, that’s not a major issue. The top-selling vacuum is good at what it does: cleaning floors. But a roboticist’s work is never done; iRobot has turned the vast majority of […]
S.Korea central bank expects policy rate hike to slow household debt growth
September 9, 2021 SEOUL (Reuters) – South Korea’s central bank said on Thursday raising its policy interest rate should help slow the pace of household debt growth going forward, and reiterated that it will continue to tighten policy as inflationary pressures persist. The Bank of Korea raised its policy rate by 25 basis points to […]
Sydney pubs set for mid-Oct reopening cheer under roadmap to COVID lockdown exit
September 9, 2021 By Renju Jose SYDNEY (Reuters) -Sydney’s cafes, restaurants and pubs are set to reopen in the second half of October after months of strict COVID-19 lockdown, according to an exit roadmap published by New South Wales state officials on Thursday. They said bars and eateries, as well as gyms, across the city […]
Soccer-Mexico battle Panama to 1-1 draw in World Cup qualifiers
September 9, 2021 (Reuters) – Jesus Corona fired home an equalizer in the 76th minute as Mexico battled Panama to a 1-1 draw at the CONCACAF World Cup qualifiers on Wednesday. Panama were the aggressors early and Roland Blackburn broke through when he pounced on a deflected shot and slotted it home in the 28th […]
Japan Airlines looking to raise $2.7 billion – sources
September 9, 2021 TOKYO (Reuters) -Japan Airlines Co Ltd (JAL) is looking to raise 300 billion yen ($2.72 billion) to ride out anticipated funding challenges amid a continued slump in air traffic, two sources familiar with the matter said on Thursday. The funds will be raised through financing that includes subordinated loans, according to the […]
China state media cautions against Metaverse stock risks
September 9, 2021 SHANGHAI (Reuters) – Investment is not a virtual game and investors blindly buying Chinese stocks hoping to profit from the so-called Metaverse will likely end up in tears, China’s official Securities Times warned in a commentary on Thursday. The commentary comes amid a recent surge in stocks such as Shenzhen Zhongqingbao Interaction […]
Menswear designers inspired by hometowns and exotic locales at NY Fashion Week
September 9, 2021 NEW YORK (Reuters) – New York Fashion Week Men’s Day returned to in-person presentations on Wednesday, with nearly a dozen emerging designers showcasing their 2022 collections. Models posed like statues as the audience walked through within touching distance of the designs. At times, there was a central character showcasing the theme behind […]
China’s President Xi sends congratulatory message to North Korea leader Kim -state media
September 9, 2021 BEIJING (Reuters) – China’s President Xi Jinping on Thursday sent a congratulatory message to North Korea’s leader Kim Jong Un on the 73rd anniversary of the country’s founding, according to state TV China Central Television. (Reporting by Stella Qiu and Ryan Woo; Editing by Christopher Cushing) Source Link China’s President Xi sends […]
Factbox-Possible candidates to become Japan’s next prime minister
September 9, 2021 TOKYO (Reuters) -Japanese Prime Minister Yoshihide Suga, his support ratings in tatters ahead of a general election, said last week he would step down https://ift.tt/3l7MsST, meaning the ruling Liberal Democratic Party (LDP) will choose a new leader on Sept. 29, who will become prime minister. Here are details about some people who […]
Oil eases after rally, decline in U.S. output limits losses
September 9, 2021 By Naveen Thukral SINGAPORE (Reuters) – Oil prices ticked lower on Thursday, giving up some of the last session’s gains although a decline in U.S. Gulf of Mexico output following Hurricane Ida provided a floor under the market. Brent was down 18 cents, or 0.25% to $72.42 a barrel at 0107 GMT […]
Asian shares fall on growth and tapering fears, dollar holds firm
September 9, 2021 By Alun John HONG KONG (Reuters) – Asian shares dropped Thursday, while the dollar held firm, in line with a cautious global mood as investors worried about the combination of slowing global growth and the potential tapering of central bank stimulus. The European Central Bank is particularly in focus, with analysts expecting […]
Soccer-Bullet point previews of Premier League matches
September 9, 2021 (Reuters) – Match-by-match facts and statistics ahead of the fourth round of Premier League fixtures from Sept. 11-13 (times GMT): Saturday, Sept. 11 Crystal Palace v Tottenham Hotspur (1130) * Palace will become the first club to start a top-flight campaign with four consecutive London derbies. However, they are winless in their […]
New York sets 2035 zero-emission passenger car goal
September 9, 2021 By Daniel Trotta and David Shepardson (Reuters) – New York Governor Kathy Hochul on Wednesday signed into law a bill that sets a goal for all new passenger cars and light-duty trucks to be zero-emission models by 2035, joining the state of California in attempting to eliminate gasoline-powered vehicles. The law directs […]
China’s factory prices rise at fastest pace since August 2008
September 9, 2021 BEIJING (Reuters) -China’s factory gate inflation hit a 13-year high in August, as commodity prices remained elevated despite Beijing’s attempts to cool them. The producer price index (PPI) rose 9.5% from a year earlier in August, the National Bureau of Statistics (NBS) said on Thursday, faster than the 9.0% increase tipped in […]
