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July 23, 2021

Asia / Pacific

REFILE-Foxconn founder asks Taiwan to allow vaccine talks with Chinese firm

Reuters
(Corrects to delete extraneous word ‘agency’ in paragraph 6) TAIPEI, June 18 (Reuters) – Terry Gou, the billionaire founder of Taiwan’s Foxconn, asked for government permission on Friday to negotiate with a Chinese company for the purchase of BioNTech SE COVID-19 vaccines to help address the island’s shortage of shots.......

India’s tally of coronavirus infections crosses 25 million

Reuters
BENGALURU, May 18 (Reuters) – India’s total coronavirus cases surged past the 25 million mark on Tuesday, boosted by 263,533 new infections over the last 24 hours, while deaths from COVID-19 rose by a record 4,329. India becomes the world’s second nation, after the United States, to pass the grim......

CORRECTED-India adds 311,170 daily coronavirus infections to nearly 24.7 mln

Reuters
(Corrects tally in headline, paragraph 1) BENGALURU, May 16 (Reuters) – India’s tally of coronavirus infections reached nearly 24.7 million on Sunday, boosted by 311,170 new cases over the last 24 hours, while deaths rose by 4,077. The South Asian nation’s tally stands at 24.68 million with the death toll......

India posts record daily rise in coronavirus deaths

Reuters
May 5 (Reuters) – India’s coronavirus deaths rose by a record 3,780 during the last 24 hours, a day after the country became the world’s second, after the United States, to cross the grim milestone of 20 million infections. Daily infections rose by 382,315 on Wednesday, health ministry data showed.......

Ping An finds suitable rebound deal

Reuters
HONG KONG (Reuters Breakingviews) – Ping An Insurance may indemnify one costly deal with a better one. Not long after losing $1.5 billion in a failed property investment, the Chinese conglomerate plans to spend up to $7.9 billion to buy control of Founder Group, Peking University’s bankrupt corporate empire. A......

Bank of Israel keeps benchmark interest rate at 0.1%

Reuters
JERUSALEM, April 19 (Reuters) – The Bank of Israel held its benchmark interest rate at 0.1% for an eighth straight meeting on Monday amid optimism over an economic recovery due to a rapid COVID-19 vaccine rollout and inflation turning positive. All 16 economists polled by Reuters had said they expected......

India reports another record daily rise in coronavirus infections

Reuters
FILE PHOTO: Patients suffering from the coronavirus disease (COVID-19) get treatment at the casualty ward in Lok Nayak Jai Prakash (LNJP) hospital, amidst the spread of the disease in New Delhi, India April 15, 2021. REUTERS/Danish Siddiqui/File Photo NEW DELHI (Reuters) – India reported a record daily increase of 261,500......

China’s new home prices quicken in March

Reuters
BEIJING, April 16 (Reuters) – New home prices in China rose at a faster pace in March, data showed on Friday, even as authorities have taken measures to further clamp down on property speculation. Average new home prices in 70 major cities grew 0.5% in March from a month earlier,......

Virus variants inciting India’s second surge, epidemiologists say

Reuters
By Neha Arora, Shilpa Jamkhandikar NEW DELHI (Reuters) – The second surge of COVID-19 cases in India has swamped hospitals much faster than the first because mutations in the virus mean each patient is infecting many more people than before, epidemiologists and doctors say. A patient lies in a bed......

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......

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