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

North Korea’s Kim oversees ICBM test, vows more nuclear weapons

North Korea's Kim oversees ICBM test, vows more nuclear weapons

SEOUL, Nov 19 (Reuters) – North Korean leader Kim Jong Un pledged to counter US nuclear threats with nuclear weapons as he inspected a test of the country’s new intercontinental ballistic missile (ICBM), state media KCNA said on Saturday. The isolated country tested the Hwasong-17 ICBM on Friday a day after warning of “fiercer military … Read more

North Korea fires suspected intercontinental ballistic missile, lands near Japan

North Korea fires suspected intercontinental ballistic missile, lands near Japan

SEOUL/TOKYO, Nov 18 (Reuters) – North Korea fired a suspected intercontinental ballistic missile on Friday that landed just 200 kilometers (130 miles) off Japan and had sufficient range to reach the mainland of the United States, Japanese officials told reporters. The launch, reported by both South Korean and Japanese officials, comes a day after a … Read more

G20 summit deplores war in Ukraine ‘in strongest terms’

G20 summit deplores war in Ukraine 'in strongest terms'

‘Most members’ of G20 condemn war in Ukraine – statement Threat of use of nuclear weapons ‘inadmissible’ Agreement to calibrate monetary tightening To pursue efforts to limit temperature rise to 1.5C NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in the strongest terms” … Read more

Wrangling over Ukraine war dominates summit of G20 major economies

Wrangling over Ukraine war dominates summit of G20 major economies

Draft declaration: ‘Most’ G20 members condemn Ukraine war Ukraine’s Zelenskiy pushes his plan to end conflict Indonesia appeals for end to political polarization Inflation, debt, monetary policy also on the agenda US President Biden skips gala dinner on island of Bali NUSA DUA, Indonesia, Nov 15 (Reuters) – A Western-led push to condemn Russia’s invasion … Read more

Biden, Xi clash over Taiwan, but military action seen as unlikely

Biden, Xi clash over Taiwan, but military action seen as unlikely

Biden, Xi hold 3-hour Bali meeting ahead of G20 Both leaders stress need to get ties back on track Russia rejects reports of foreign minister’s hospitalization Indonesia seeking concrete progress on global economy at G20 Ukraine’s Zelenskiy due to address G20 on Tuesday NUSA DUA, Indonesia, Nov 14 (Reuters) – US President Joe Biden said … 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

Biden to warn Xi North Korea’s path could prompt bigger US military presence

Biden to warn Xi North Korea's path could prompt bigger US military presence

ABOARD AIR FORCE ONE, Nov 12 (Reuters) – US President Joe Biden will warn Chinese President Xi Jinping at a meeting on Monday that North Korea’s continued pursuit of weapons development will lead to an enhanced US military presence in the region, the White House said . The United States is concerned that North Korea … 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