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 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
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
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
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
Fed’s Bullard backs more rate hikes Data shows US labor market remains tight Cisco shares rise after co raises full-year outlook Macy’s jumps on profit forecast raise Indexes down: Dow 0.02%, S&P 0.31%, Nasdaq 0.35% Nov 17 (Reuters) – Wall Street’s main indexes ended modestly lower on Thursday in a choppy session as hawkish comments … Read more
NEW YORK, Nov 16 (Reuters) – Former President Donald Trump’s entry on Tuesday into the 2024 presidential race confirmed the world’s “worst kept secret” and created another variable for markets that some investors say remains a low priority for now. Trump, who has mounted relentless attacks on the integrity of US voting since his 2020 … Read more
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
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
Meta Platforms rally after report of job cuts Apple slips as COVID-19 curbs crimp iPhone production in China Indexes close: S&P 500 +0.96%, Nasdaq +0.85%, Dow +1.31% Nov 7 (Reuters) – Wall Street ended sharply higher Monday as investors focused on Tuesday’s midterm elections that will determine control of Congress, while shares of Meta Platforms … Read more