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September 17, 2021

Asia

At unfinished Evergrande apartments in central China, buyers seek answers

Reuters
LUOYANG, China, Sept 17 (Reuters) – A steady stream of anxious apartment buyers flowed into the sales office of the Evergrande Oasis complex outside the city of Luoyang this week, seeking answers after construction was halted by the giant developer’s severe cash crunch. Work on the five-tower condominium and 16......

New Zealand abandon Pakistan tour after security alert

Reuters
New Zealand Black Caps cricket team practices in Pakistan in this undated handout image taken from video. New Zealand Cricket Handout via Reuters NZ Prime Minister says team could have been attacked PCB says no security threat exists for NZ team Pakistan Cricket Board to approach ICC ISLAMABAD, Sept 17......

Ford wakes up badly burnt from its India dream

Reuters
NEW DELHI, Sept 17 (Reuters) – When Ford Motor Co (F.N) built its first factory in India in the mid-1990s, U.S. carmakers believed they were buying into a boom – the next China. The economy had been liberalised in 1991, the government was welcoming investors, and the middle class was......

Google, Apple remove Navalny app from stores as Russian elections begin

Reuters
The Russian opposition politician Alexei Navalny’s Smart Voting app is seen on a phone, in Moscow, Russia September 16, 2021. REUTERS/Shamil Zhumatov MOSCOW, Sept 17 (Reuters) – Alphabet’s Google (GOOGL.O) and Apple (AAPL.O) have removed jailed Kremlin critic Alexei Navalny’s tactical voting app from their stores, his team said on......

With tighter grip, Beijing sends message to Hong Kong tycoons: fall in line

Reuters
HONG KONG, Sept 17 (Reuters) – As Beijing seeks to tighten its grip over Hong Kong, it has a new mandate for the city’s powerful property tycoons: pour resources and influence into backing Beijing’s interests, and help solve a potentially destabilising housing shortage. Chinese officials delivered the message in closed......

West African bloc resorts to sanctions over Guinea and Mali coups

Reuters
ACCRA, Sept 16 (Reuters) – West Africa’s main regional bloc on Thursday imposed sanctions against the junta in Guinea and those slowing Mali’s post-coup transition – its toughest response yet to a run of military takeovers. The move was agreed at an emergency summit of the Economic Community of West......

Tesla to work with global regulators on data security -Musk

Reuters
Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul/Pool via Reuters/File Photo SHANGHAI, Sept 17 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) will work with global regulators to ensure data security, Chief Executive Elon......

Banks beware, outsiders are cracking the code for finance

Reuters
Embedded finance investment jumps in 2021, data shows Buy now pay later deals take centre stage Fintech market valuations leapfrog banks LONDON, Sept 17 (Reuters) – Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon (AMZN.O) to IKEA and Walmart......

Sydney pilots home quarantine as Australia looks to reopen border

Reuters
Sydney trials home quarantine for vaccinated travellers Trial to use controversial face recognition technology Almost 2,000 new COVID-19 cases in Sydney and Melbourne Victoria to ease some restrictions from Friday night SYDNEY, Sept 17 (Reuters) – Australian officials will trial a home quarantine system for fully vaccinated international travellers arriving......

China applies to join Pacific trade pact to boost economic clout

Reuters
BEIJING, Sept 16 (Reuters) – China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the commerce ministry said, as the world’s second-biggest economy looks to bolster its clout in trade. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement......

Russian space movie crew set for blast-off

Reuters
MOSCOW, Sept 16 (Reuters) – A Russian crew of two cosmonauts and two cinema professionals is set to take off for the International Space Station (ISS) early next month to shoot the first movie in outer space, filmmakers said on Thursday. The four are scheduled to be launched on a......

Canada’s Trudeau hammers main election rival’s COVID-19 approach

Reuters
MONTREAL, Sept 16 (Reuters) – Canadian Prime Minister Justin Trudeau, seeking to carve out a lead ahead of Monday’s election, accused his main rival on Thursday of showing weak leadership in the fight against COVID-19. Opinion polls show Trudeau’s center-left Liberals effectively tied with the right-of-center Conservatives led by Erin......

World shares slide on China investment worries

Reuters
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri/File Photo U.S. retail sales rose in August Indexes: Dow off 0.18%, S&P down 0.16%, Nasdaq up 0.13% Dollar hits nearly three-week high Gold falls by more than 2% NEW YORK,......

GM extends EV Bolt production halt to mid-October

Reuters
A close-up view of the Chevrolet Bolt electric vehicle logo is seen at Stewart Chevrolet in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam WASHINGTON, Sept 16 (Reuters) – General Motors Co (GM.N) said on Thursday it will extend a shutdown of a Michigan assembly plant to mid-October following a......

European stocks rise as travel shares jump on Ryanair forecast

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 15, 2021. REUTERS/Staff Travel & leisure stocks snap 4-day losing streak Continental slumps on Vitesco spin-off Weaker metal prices weigh on miners Sept 16 (Reuters) – European stocks rose on Thursday as travel......

Why Australia Bet the House on Lasting American Power in Asia

New York Times
Speaking Thursday, Mr. Morrison said the reinforced security alliance with the United States and Britain, which will include collaborations on artificial intelligence and other emerging technology, reflected the needs of a more dangerous dynamic in the Asia-Pacific region. “The relatively benign environment we’ve enjoyed for many decades in our region......

Indonesia court finds president negligent in air pollution lawsuit

Reuters
Plants are seen on a rooftop as smog covers Jakarta, Indonesia, June 24, 2021. REUTERS/Willy Kurniawan JAKARTA, Sept 16 (Reuters) – An Indonesian court ordered on Thursday President Joko Widodo and other senior government officials to improve the hazardous air quality of the capital Jakarta after finding themguilty of environmental......

China denies German warship entry into harbour, Berlin says

Reuters
BERLIN, Sept 16 (Reuters) – China has denied a German warship on a mission to the contested South China Sea entry into a harbour, a German foreign ministry spokesperson said on Wednesday. The ship involved is the frigate Bayern, the spokesperson told a news briefing, but did not identify the......

France says Biden acted like Trump to sink Australia defence deal

Reuters
PARIS, Sept 16 (Reuters) – France accused U.S. President Joe Biden on Thursday of stabbing it in the back and acting like his predecessor Donald Trump after Paris was pushed aside from a lucrative defence deal that it had signed with Australia for submarines. The United States, Britain and Australia......

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