Chinese cities ease COVID curbs as virus keeps spreading

Chinese cities ease COVID curbs as virus keeps spreading

BEIJING, Dec 2 (Reuters) – Some communities in Chinese cities where COVID-19 is still spreading are easing off on testing requirements and quarantine rules ahead of an expected shift in virus policies nationwide after widespread social unrest. The uneven relaxation of COVID restrictions is, however, fueling fear among some residents who suddenly feel more exposed … Read more

China set to loosen COVID curbs after week of historic protests

China set to loosen COVID curbs after week of historic protests

China to allow home quarantine, cut mass testing – sources Top official says severity of virus weakening Shift comes after string of demonstrations Biggest show of public defiance in a decade BEIJING, Dec 1 (Reuters) – China is set to announce in coming days an easing of its COVID-19 quarantine protocols and a reduction in … Read more

Clashes in Guangzhou as China tries to quell COVID protests

Clashes in Guangzhou as China tries to quell COVID protests

Riot police in hazmat suits clash with protesters Estimated 27-43 protests in 22 cities across China One of the biggest acts of public defiance in a decade Authorities probing protests as security tightens SHANGHAI/BEIJING, Nov 30 (Reuters) – People in the Chinese city of Guangzhou clashed with riot police in hazmat suits on Tuesday night … Read more

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

Deal comes amid pressure from Chinese shareholder Analysts hail ‘sensitive’ transaction Bank could return deal proceeds to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its business in Canada to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion) in cash, paving the way for a potential bumper payout … Read more

Chinese authorities seek out COVID protesters

Chinese authorities seek out COVID protesters

BEIJING, Nov 29 (Reuters) – Chinese authorities have begun inquiries into some of the people who gathered at weekend protests against COVID-19 curbs, three people who were at the Beijing demonstrations told Reuters, as police remained out in numbers on the city’s streets . In one case, a caller identifying as a police officer in … Read more

China’s lockdown protests spread to campuses and cities abroad

China's lockdown protests spread to campuses and cities abroad

HONG KONG, Nov 28 (Reuters) – Protests against China’s strict zero-COVID policy and restrictions on freedoms have spread to at least a dozen cities around the world in a show of solidarity with rare displays of defiance in China over the weekend. Expatriate dissidents and students staged small-scale vigilantes and protests in cities around the … Read more

China’s anti-lockdown protests shake stocks and oil

China's anti-lockdown protests shake stocks and oil

China announces record new local COVID cases Commodities sold off amid demand concerns Dollar slips against yen, Swiss franc NEW YORK/ LONDON, Nov 28 (Reuters) – US stocks tracked a decline in equities worldwide and oil was sold off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs fueled … Read more

Stocks churn ahead of Fed minutes as oil tumbles on price cap plan

Stocks churn ahead of Fed minutes as oil tumbles on price cap plan

Fed minutes for November due at 1900 GMT US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Euro zone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares churned on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light … Read more

Shares mixed on Fed warning, China acts on property

Shares mixed on Fed warning, China acts on property

https://tmsnrt.rs/2zpUAr4 Fed’s Waller plays down CPI as just one number Beijing lays out property support, COVID steps Biden to meet Xi at G20 meeting SYDNEY, Nov 14 (Reuters) – Asian share markets were mixed on Monday as a top US central banker warned investors against getting carried away over one inflation number, while Chinese stocks … Read more

Shares dip, dollar strengthens as markets eye US inflation data

Shares dip, dollar strengthens as markets eye US inflation data

https://tmsnrt.rs/2zpUAr4 Focus on US inflation for signs of slowdown in Fed hikes Dollar firm, crypto stokes spillover fears China mainland, Hong Kong shares battered by COVID case surge European markets steady SYDNEY/LONDON, Nov 10 (Reuters) – Shares dipped slightly and the dollar firmed on Thursday, ahead of US inflation data that will influence the Federal … Read more