East Asia

China exports jump 60.6% y/y in January-February, imports up 22.2%

ReutersMarch 6, 2021

by ReutersMarch 6, 202101

FILE PHOTO: Cranes and containers are seen at the Yantian port in Shenzhen, following the novel coronavirus disease (COVID-19) outbreak, Guangdong province, China May 17, 2020. REUTERS/Martin Pollard BEIJING (Reuters) – China’s exports jumped 60.6% in January-February from a year earlier and imports increased 22.2%, faster than expected from depressed......

China exports jump 60.6% y/y in Jan-Feb, imports up 22.2%

ReutersMarch 6, 2021

by ReutersMarch 6, 202101

BEIJING, March 7 (Reuters) – China’s exports jumped 60.6% in January-February from a year earlier and imports increased 22.2%, faster than expected from depressed 2020 levels, customs data showed on Sunday. Analysts in a Reuters poll had expected exports to surge 38.9% from a year earlier after 18.1% growth in......

BRIEF-U.S. CDC Says Delivered 116,355,405 Doses Of Covid-19 Vaccine As Of March 6 Versus 114,133,115 Doses As Of March 5

ReutersMarch 6, 2021

by ReutersMarch 6, 202101

March 6 (Reuters) – * U.S. CDC SAYS DELIVERED 116,355,405 DOSES OF COVID-19 VACCINE AS OF MARCH 6 VERSUS 114,133,115 DOSES AS OF MARCH 5 * U.S. CDC SAYS ADMINISTERED 87,912,323 DOSES OF COVID-19 VACCINE AS OF MARCH 6 VERSUS 85,008,094 DOSES ADMINISTERED AS OF MARCH 5 * U.S. CDC......

GLOBAL MARKETS-Wall Street surges on jobs data, global equity markets regain ground

ReutersMarch 5, 2021

by ReutersMarch 5, 202101

(New throughout, updates prices, market activity and comments) NEW YORK, March 5 (Reuters) – Wall Street and a gauge of global equity markets on Friday recovered from earlier losses as investors took stock of a report that showed faster-than-expected U.S. jobs growth but which had previously stoked inflation concerns. Trading......

South Korea approves Pfizer covid-19 vaccine: drug safety ministry

ReutersMarch 5, 2021

by ReutersMarch 5, 202101

FILE PHOTO: Medical workers wait to receive the first dose of the Pfizer BioNTech vaccine Covid-19 at the National Medical Center vaccination center in Seoul, South Korea February 27, 2021. Song Kyung-Seok/Pool via REUTERS SEOUL (Reuters) – South Korea’s drug safety ministry said on Friday it has granted final approval......

China pledges to deepen reform of disease control and prevention

ReutersMarch 4, 2021

by ReutersMarch 4, 202101

Chinese Premier Li Keqiang speaks at the opening session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing, China March 5, 2021. REUTERS/Carlos Garcia Rawlins BEIJING (Reuters) – China will improve the system for responding to public health emergencies and providing emergency supplies, the......

China’s CIC eyes U.S. investment after fund with Goldman raised $2.5 billion

ReutersMarch 3, 2021

by ReutersMarch 3, 202101

BEIJING (Reuters) – China’s $1 trillion sovereign wealth fund is scouting for long-term investment opportunities in the United States, an executive said, after a fund co-established with Goldman Sachs Group Inc raised $2.5 billion, half of the targeted amount. The China-U.S. Industrial Cooperation Fund, launched in November 2017 on the......

China shares bounce higher; investors shrug off factory growth slowdown

ReutersMarch 1, 2021

by ReutersMarch 1, 202101

* SSEC +1.21%, CSI300 +1.54% * Follows >5% fall last week, biggest weekly drop in a year * Factory activity growth slows in February SHANGHAI, March 1 (Reuters) – China shares ended higher on Monday, rebounding from their biggest weekly loss in a year as investors bought shares bruised by......

UPDATE 1-Czech PM backs using Sputnik vaccine without EU regulator’s approval

ReutersFebruary 28, 2021

by ReutersFebruary 28, 202101

(Adds prime minister’s quotes, background) PRAGUE, Feb 28 (Reuters) – Czech Prime Minister Andrej Babis said on Sunday the country could use Russia’s Sputnik V coronavirus vaccine even without approval by European Union’s EMA drugs agency. The country of 10.7 million has ranked among the world’s worst-hit countries by the......

SoftBank announces settlement with former WeWork CEO Neumann

ReutersFebruary 26, 2021

by ReutersFebruary 26, 202101

Feb 26 (Reuters) – SoftBank Group Corp said on Friday it had reached a settlement with WeWork’s special committee and the company’s co-founder and former chief executive, Adam Neumann, putting to rest a legal battle dating back to 2019. SoftBank, the new owner of the office-sharing firm, did not disclose......

China’s factory activity growth likely moderated during Feb holiday lull: Reuters poll

ReutersFebruary 25, 2021

by ReutersFebruary 25, 202101

BEIJING (Reuters) – China’s factory activity likely grew at a slightly slower rate in February as factories closed for the Lunar New Year holiday, a Reuters poll showed, although growth is expected to remain firm, buoyed by an early resumption of production. FILE PHOTO: A worker wearing a face mask......

China’s economy could grow 8-9% this year from low base in 2020: central bank adviser

ReutersFebruary 25, 2021

by ReutersFebruary 25, 202101

FILE PHOTO: A view shows traffic during evening rush hour at the central business district (CBD) in Beijing, China, January 15, 2021. REUTERS/Tingshu Wang BEIJING (Reuters) – China’s gross domestic product (GDP) could expand 8-9% in 2021 as it continues to rebound from the COVID-19 pandemic, Liu Shijin, a policy......

PIMCO appoints insider Kersman to head APAC business

ReutersFebruary 25, 2021

by ReutersFebruary 25, 202101

FILE PHOTO: Ticker and trading information for Pacific Investment Management Co. (PIMCO) are displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., April 5, 2018. REUTERS/Brendan McDermid (Reuters) – Bond giant Pacific Investment Management Co (PIMCO) said on Thursday it has named insider Alec......

JGB yields jump to multi-year highs on global reflation trade

ReutersFebruary 24, 2021

by ReutersFebruary 24, 202101

TOKYO, Feb 25 (Reuters) – Yields on Japanese government bonds jumped to multi-year highs on Thursday, tracking a rise in U.S. and European bond yields as investors bet on ultra-easy monetary policy igniting inflation. Growing speculation that the Bank of Japan will widen the trading band for the benchmark 10-year......

China confirms Xie Zhenhua appointed as new special climate envoy

ReutersFebruary 24, 2021

by ReutersFebruary 24, 202101

FILE PHOTO – Xie Zhenhua, China’s special representative for Climate Change Affair, speaks during a press conference in Beijing, China November 26, 2018. REUTERS/Stringer/File Picture BEIJING (Reuters) – Xie Zhenhua, who served as China’s chief negotiator during key climate meetings in Copenhagen and Paris, has been appointed the country’s new......

Tokyo 2020 organisers warn against big gatherings during torch relay

ReutersFebruary 24, 2021

by ReutersFebruary 24, 202101

FILE PHOTO: People wearing protective masks, amid the coronavirus disease (COVID-19) outbreak, are seen in front of the giant Olympic rings in Tokyo, Japan, January 22, 2021. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – The Tokyo Olympic Organising Committee said on Thursday they are asking spectators for the upcoming torch relay to......

Biden says he will push for funding for semiconductor legislation

ReutersFebruary 24, 2021

by ReutersFebruary 24, 202101

U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – U.S. President Joe Biden......

Philippines’ Duterte says still undecided on future of U.S. troop deal

ReutersFebruary 24, 2021

by ReutersFebruary 24, 202101

FILE PHOTO: President Rodrigo Duterte speaks after his arrival, from a visit in Israel and Jordan at Davao International airport in Davao City in southern Philippines, September 8, 2018. REUTERS/Lean Daval Jr./File Photo MANILA (Reuters) – Philippine President Rodrigo Duterte said he has not made a decision yet on the......

FOREX-Dollar pummelled, Aussie soars as reflation trades grip FX markets

ReutersFebruary 24, 2021

by ReutersFebruary 24, 202101

* Graphic: World FX rates tmsnrt.rs/2RBWI5E LONDON, Feb 24 (Reuters) – The dollar remained at multi-year lows against the Antipodean currencies and held near a one-month low versus the euro as reflation trades gripped the currency markets on Wednesday. Federal Reserve Chair Jerome Powell reiterated on Tuesday that U.S. interest......

IAEA chief Grossi describes black box-type deal reached with Iran

ReutersFebruary 23, 2021

by ReutersFebruary 23, 202101

VIENNA (Reuters) – The U.N. nuclear watchdog’s chief described his weekend deal with Iran on continued monitoring of its nuclear activities for up to three months as one where data is gathered but his agency is only able to access it afterwards. The International Atomic Energy Agency and Iran announced......

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