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January 25, 2022

Asia / Pacific

S.Korea stocks end flat ahead of key U.S. data

* KOSPI falls, foreigners net buyers * Korean won weakens against U.S. dollar * South Korea benchmark bond yield rises * For the midday report, please click SEOUL, Nov 16 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares ended flat on Tuesday, as optimism over U.S.-China......

New Zealand says it will cut greenhouse emissions by 50% by 2030 as COP26 starts

FILE PHOTO: New Zealand Prime Minister Jacinda Ardern participates in a televised debate with National leader Judith Collins at TVNZ in Auckland, New Zealand, September 22, 2020. Fiona Goodall/Pool via REUTERS/File Photo (Reuters) – New Zealand pledged on Sunday to reduce its net greenhouse gas emissions by 50% by 2030,......

Stocks get reality check from earnings, central banks in focus

TOKYO (Reuters) – Global stocks eased from record peaks as a stark reminder of supply chain snags in corporate earnings reports stalled their rally, while investors also looked to whether central banks may consider tightening monetary policy earlier than thought. FILE PHOTO: A man looks at a stock quotation board......

Advisers to Evergrande, bondholders take step toward debt talks – Bloomberg News

FILE PHOTO: The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song (Reuters) – Advisers representing China Evergrande Group and a group of its offshore bondholders have taken steps toward debt negotiations as the developer faces a cash......

EV truck maker Rivian plans in-house battery cell manufacturing

FILE PHOTO: The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for customers who preordered the truck, in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo/File Photo SAN FRANCISCO (Reuters) – Electric truck maker Rivian Automotive, which currently sources batteries from......

Marketmind: Final Quarter Blues | Reuters

A look at the day ahead from Saikat Chatterjee. FILE PHOTO: Trucks park at the highway A2 parking near Warsaw, Poland, September 28, 2021. REUTERS/Kacper Pempel World stocks are set for their third biggest weekly drop this year as supply chain disruptions sweeping across the global economy raise the ugly......

Singapore IPO market’s prospects brighten but no quick fix in sight

SINGAPORE (Reuters) – Singapore’s move to launch new funds to support startups will help companies seeking IPOs, though it could take years before Singapore Exchange might become a centre for regional tech listings, according to market players. FILE PHOTO: A man wearing a protective face mask walks past the Singapore......

Myanmar shadow government unveils new strategy to oppose military rule

FILE PHOTO: Soldiers stand next to military vehicles as people gather to protest against the military coup, in Yangon, Myanmar, February 15, 2021. REUTERS/Stringer/File Photo (Reuters) – Myanmar’s National Unity Government, formed by opponents of military rule, unveiled a new strategy on Tuesday aimed at pressuring the junta, including through......

U.S. in final phase of evacuations from Kabul – Western official

(Reuters) – U.S. forces are in the final phase of their evacuation from Kabul and just over 1,000 civilians inside the airport remain to be flown out before troops are withdrawn, a Western security official in the Afghan capital said on Sunday. U.S. Marines and German service member watch an......

China steps up tech scrutiny with rules over unfair competition, critical data

SHANGHAI (Reuters) -China moved on Tuesday to tighten control of its technology sector, publishing detailed rules aimed at tackling unfair competition and companies’ handling of critical data. Beijing has been firming its grip on internet platforms in recent months, citing the risk of abusing market power to stifle competition, misuse......

Blinken says U.S. embassy staff in Kabul are moving to airport

FILE PHOTO: U.S. Secretary of State Antony Blinken speaks about infrastructure investment at the University of Maryland’s A. James Clark School of Engineering in College Park, MD, U.S., August 9, 2021. Patrick Semansky/Pool via REUTERS/File Photo WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said on Sunday that embassy......

Anti-military protests in Myanmar on anniversary of 1988 uprising

(Reuters) – Protests against Myanmar’s military government broke out across the nation on Sunday, the anniversary of the bloody suppression of a 1988 uprising against a previous army junta. FILE PHOTO: Myanmar’s junta chief Senior General Min Aung Hlaing, who ousted the elected government in a coup on February 1,......

Samsung Elec sees strong chip demand, mobile recovery as Q2 profit jumps

By Joyce Lee, Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd on Thursday forecast strong demand for memory chips in the second half and a recovery in the mobile market to 2019 levels, in a sign the global economy is getting back on track from the coronavirus pandemic. FILE PHOTO:......

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

(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.......

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