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April 15, 2021

Asia / Pacific

Cambodia launches lockdown in capital as COVID-19 outbreak spreads

Reuters
FILE PHOTO: People wearing protective face masks rush to buy groceries at a fresh market amid rumours of a citywide lockdown during the latest coronavirus disease (COVID-19) outbreak at a temple in Phnom Penh, Cambodia, April 14, 2021. REUTERS/Cindy Liu PHNOM PENH (Reuters) – Cambodia brought in a coronavirus lockdown......

Indian shares rise as metals gain; Infosys slides

Reuters
Brokers trade at their computer terminals at a stock brokerage firm in Mumbai, India, August 25, 2015. REUTERS/Shailesh Andrade/Files BENGALURU (Reuters) – Indian shares rose on Thursday, as investors looked past rising coronavirus cases and a lockdown in Mumbai, and metals stocks added to strong gains this year, while Infosys......

Breakingviews – China’s antitrust push forces digital reinvention

Reuters
FILE PHOTO: Jack Ma, founder and executive chairman of China’s Alibaba Group, speaks in front of a picture of SoftBank’s human-like robot named ‘pepper’ during a news conference in Chiba, Japan, June 18, 2015. REUTERS/Yuya Shino/File Photo HONG KONG (Reuters Breakingviews) – What’s left for Chinese internet companies deprived of......

Asian shares defensive, dollar struggles near one-month lows

Reuters
SYDNEY (Reuters) – Asian shares were on the backfoot on Thursday following mixed cues from Wall Street where a sharp sell-off in the largest bitcoin exchange Coinbase hit tech shares while the dollar index struggled near one-month lows. FILE PHOTO: Pedestrians and a traffic light stop sign are reflected on......

BOJ’s Kuroda warns of lingering COVID pain on economy

Reuters
FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda speaks at a news conference in Tokyo, Japan, January 21, 2020. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japan’s economy was picking up but any recovery was likely to be modest due to lingering caution over the coronavirus pandemic, Bank of Japan Governor Haruhiko......

U.S. withdrawal from Afghanistan to begin May 1- Biden

Reuters
U.S. President Joe Biden delivers remarks on his plan to withdraw American troops from Afghanistan, at the White House, Washington, U.S., April 14, 2021. Andrew Harnik/Pool via REUTERS WASHINGTON (Reuters) – U.S. President Joe Biden said on Wednesday that the United States would begin its final military withdrawal from Afghanistan......

South Korea aims to fight Japan’s Fukushima decision at world tribunal

Reuters
SEOUL (Reuters) – South Korea’s president ordered officials on Wednesday to explore petitioning an international court over Japan’s decision to release contaminated water from its wrecked Fukushima nuclear plant into the sea, amid protests by fisheries and environmental groups. FILE PHOTO: South Korean President Moon Jae-in speaks at the National......

U.S. senators to receive classified briefing on Afghanistan: Schumer

Reuters
FILE PHOTO: Senate Majority Leader Chuck Schumer (D-NY) speaks during a news conference after the first Democratic luncheon meeting since COVID-19 restrictions went into effect on Capitol Hill in Washington, U.S. April 13, 2021. REUTERS/Erin Scott WASHINGTON (Reuters) – U.S. senators will receive a classified briefing on President Joe Biden’s......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

S.Korea aims to fight Japan’s Fukushima decision at world tribunal

Reuters
SEOUL (Reuters) -South Korean President Moon Jae-in ordered officials on Wednesday to explore petitioning an international court over Japan’s decision to release water from its Fukushima nuclear plant, his spokesman said, amid protests by fisheries and environmental groups. FILE PHOTO: South Korean President Moon Jae-in speaks at the National Assembly......

March palm oil imports up 57% year on year, says trade body

Reuters
Palm oil fruits are seen placed on a wheelbarrow at a palm oil farm in Klang, outside Kuala Lumpur, February 19, 2014. REUTERS/Samsul Said/File Photo MUMBAI (Reuters) – India’s palm oil imports in March jumped 57% year on year as refiners increased purchases of the tropical oil to reduce expensive......

China shares end higher as some IT firms pledge against anti-competition

Reuters
* SSEC 0.6%, CSI300 0.8% * HK->Shanghai Connect daily quota used 5.2%, Shanghai->HK daily quota used 0.7% * FTSE China A50 +0.5% BEIJING, April 14 (Reuters) – China shares rose on Wednesday, with IT firms leading the gains, as investors cheered internet platform companies pledging to avoid anti-competitive behaviours after......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Indonesian e-commerce firm Bukalapak raises $234 million: document

Reuters
SINGAPORE (Reuters) – Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters. The latest funding round comes amid a frenzy of interest from global investors......

Taiwan says its chip firms will adhere to new U.S. rules blacklisting China supercomputing entities

Reuters
TAIPEI (Reuters) – Taiwan said on Wednesday its chip companies will adhere to U.S. rules after Washington added seven Chinese supercomputing entities last week to an economic blacklist and after a Taipei-based chipmaker halted orders from one of the entities named. FILE PHOTO: Flags of Taiwan and U.S. are placed......

IMF says Japan’s economy can weather change of plan in Olympics

Reuters
TOKYO (Reuters) -Cancelling or postponing the Tokyo Olympics Games probably will not hurt Japan’s economy much, but may require the government to offer targeted support for hard-hit small firms, a senior International Monetary Fund official said. FILE PHOTO: The giant Olympic rings are silhouetted in the sunset, amid the coronavirus......

Surprise drop in Japan machinery orders stokes recovery fears

Reuters
TOKYO (Reuters) – Japan’s core machinery orders unexpectedly fell the most in about a year in February, government data showed, dashing hopes for a pick-up in capital expenditure needed for a private sector-led recovery from the coronavirus-induced slump. FILE PHOTO: Smoke rises from a factory during the sunset at Keihin......

Chinese Internet firms pledge to avoid anti-competitive behaviors

Reuters
FILE PHOTO: A Baidu sign is seen at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song/File Photo BEIJING (Reuters) – A dozen Chinese Internet platform companies pledged to avoid anti-competitive behaviors such as forcing vendors to use their platform exclusively, according to a......

Toshiba shares surge on imminent CEO resignation, bidding war expectations

Reuters
TOKYO (Reuters) – Shares in Japan’s Toshiba Corp surged on Wednesday, propelled higher by reports of more plans of bids for the conglomerate and expectations that its embattled chief executive would soon resign. FILE PHOTO: Toshiba Corp CEO Nobuaki Kurumatani attends a news conference at the company’s headquarters in Tokyo,......

Australia returns to “war footing” amid COVID-19 vaccine turmoil

Reuters
SYDNEY (Reuters) – Australia’s national cabinet will begin meeting twice a week from Monday, marking a return to a “war footing” in the country’s battle against the coronavirus pandemic amid turmoil in its national vaccination programme. FILE PHOTO: A sign for a COVID-19 vaccination clinic is seen as high-risk workers......

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