79.39 F
New York
July 4, 2022

HK

Heavy rain to hit parts of China in wake of Typhoon Chaba

Reuters
Pedestrians wade through floodwaters on a street amid heavy rainfall as Typhoon Chaba hits Sanya in Hainan province, China July 2, 2022. cnsphoto via REUTERS Register now for FREE unlimited access to Reuters.com Register BEIJING, July 4 (Reuters) – Heavy rain is expected to hit central and southern China over......

Rebound in oil prices gives world stocks a lift in holiday trade

Reuters
A man walks under an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register Oil steady after losing $1 a barrel in early trade Nikkei rises 0.84%, Chinese stocks up......

China cetral bank upgrades currency swap with HKMA, expands size to 800 billion yuan

Reuters
BEIJING, July 4 (Reuters) – China’s central bank said on Monday that it has upgraded a currency swap facility with Hong Kong to a standing swap agreement and expanded the size to 800 billion yuan ($119.40 billion) from 500 billion yuan. The agreement was signed by the People’s Bank of......

Chance of finding missing crew off Hong Kong ‘very slim’ after storm – authorities

Reuters
HONG KONG, July 3 (Reuters) – The chance of finding 27 crew members alive from a vessel that snapped in two as tropical storm Chaba passed through Hong Kong and southern China is “very slim”, government rescue authorities said on Sunday, as the search for those missing continued. On Saturday,......

Chinese state airlines to buy almost 300 Airbus jets

Reuters
The Airbus A320neo (New Engine Option) takes off during its first flight event in Colomiers near Toulouse, southwestern France, September 25, 2014. REUTERS/Regis Duvignau Register now for FREE unlimited access to Reuters.com Register BEIJING/SYDNEY, July 1 (Reuters) – China’s “Big Three” state airlines pledged on Friday to buy a total......

China takes fresh steps to open bond market to foreigners

Reuters
A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White Register now for FREE unlimited access to Reuters.com Register SHANGHAI, July 1 (Reuters) – China took fresh steps on Friday to facilitate foreign investment in its $20 trillion bond market, saying it would cut service......

China’s Xi: No reason to change Hong Kong’s ‘one country, two systems’ formula

Reuters
HONG KONG, July 1 (Reuters) – There is no reason to change Hong Kong’s “one country, two systems” formula of governance, Chinese President Xi Jinping said on a rare visit to the global financial hub after swearing in the city’s new leader, John Lee, on Friday. Britain returned Hong Kong......

Stocks make tentative start to second half under growth clouds

Reuters
A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Russian Trading System (RTS) Index, Japan’s Nikkei index and the Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 25, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to......

Ports close in China island province Hainan as tropical storm Chaba looms

Reuters
SHANGHAI, July 1 (Reuters) – Local authorities in China’s Hainan province on Friday announced the closure of three ports as weather forecasters reclassified Chaba as a severe tropical storm that was expected to make landfall over the weekend. Chaba, currently east of Hainan, will move at a speed of 15-20......

Stocks sink on fears for global economy, capping worst H1 on record

Reuters
Share indexes down 1% to 3%, U.S. futures weak Cenbank chiefs reiterate inflation warning this week Sweden’s Riksbank latest to hike rates All eyes on U.S. core prices data due later Graphic: Global asset performance LONDON, June 30 (Reuters) – Stocks sank on Thursday to extend what is the worst......

Macau COVID infections rise as spread extends to medics, police

Reuters
People queue for mass coronavirus disease (COVID-19) testing in Macau, China June 19, 2022. REUTERS/John Mak Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 30 (Reuters) – Authorities in the world’s biggest gambling hub Macau are scrambling to contain the city’s biggest coronavirus outbreak since the......

China’s factory, service sectors shake off 3 months of lockdown pain

Reuters
A worker polishes a bicycle steel rim at a factory manufacturing sports equipment in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS Register now for FREE unlimited access to Reuters.com Register China factory, services PMIs above 50 for first time since Feb Recovery seen as COVID restrictions......

Stocks mostly slip, yields ease in wake of Powell inflation comments

Reuters
S&P 500 down slightly early Powell: clock is ‘running’ for Fed on lowering inflation U.S. dollar higher NEW YORK, June 29 (Reuters) – Stocks on global indexes mostly edged lower and Treasury yields eased on Wednesday as investors weighed comments by Federal Reserve Chairman Jerome Powell, who said there is......

Some media blocked from covering Xi’s handover anniversary visit to Hong Kong

Reuters
HONG KONG, June 29 (Reuters) – Journalists from more than seven organisations, including Reuters, have been blocked from covering official ceremonies to mark the 25th anniversary of Hong Kong’s handover from British to Chinese rule that President Xi Jinping is due to attend. A spokesperson for the Hong Kong government......

Stocks, oil edge up as China relaxes quarantine rules

Reuters
LONDON, June 28 (Reuters) – Global shares moved into positive territory on Tuesday while oil prices firmed following China’s decision to ease some quarantine requirements for international arrivals that raised hopes for stronger growth and a revival in demand for commodities. China slashed the quarantine time for inbound travellers by......

Stocks extend bear market bounce as inflation angst eases

Reuters
MILAN/TOKYO, June 27 (Reuters) – World shares extended their bounce on Monday, building on Friday’s strong Wall Street close as off-peak oil prices helped sentiment improve and temper fears of prolonged inflation. Strong morning gains in Europe and a rally across Asian markets after China further eased COVID-19 restrictions drove......

Stocks up as commodity slide offers a salve for inflation fears

Reuters
Men wearing protective masks amid the coronavirus disease (COVID-19) outbreak, use mobile phones in front of an electronic board displaying Japan’s Nikkei index outside a brokerage in Tokyo, Japan June 16, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register SINGAPORE, June 24 (Reuters) – Stocks and......

Asia shares struggle, oil falls as recession fears linger

Reuters
People wearing protective masks are reflected on an electronic board displaying Japan’s stock prices outside a brokerage in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register BEIJING/HONG KONG, June 23 (Reuters) – Asian shares wobbled while commodity prices fell on Thursday as......

EXCLUSIVE Bidders weigh offers valuing Toshiba at up to $22 bln-sources

Reuters
TOKYO/HONG KONG, June 23 (Reuters) – Bidders for Toshiba Corp (6502.T) are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private, three people familiar with the situation told Reuters, valuing the deal at about $22 billion. Toshiba, which is exploring strategic options, said......

Asian stocks stumble as Wall St optimism peters out

Reuters
Employees of the foreign exchange trading company Gaitame.com work in front of monitors showing the Japanese yen exchange rate against the U.S. dollar, the euro and Nikkei share average at its dealing room in Tokyo, Japan June 22, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More