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July 1, 2022

INFDIS

Asia’s factories feeble despite China bounce, feeds global recession fears

Reuters
A bicycle rider rides past a factory at Keihin industrial zone in Kawasaki, south of Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Japan, S. Korea PMIs slow in June on supply constraints Taiwan’s PMI contracts, other Asian PMIs also soft China’s......

U.S. inflation data offer no quick relief to Fed, but hint at a peak

Reuters
WASHINGTON, June 30 (Reuters) – New U.S. data for May showed little immediate relief from the record pace of inflation pushing the Federal Reserve toward another oversized interest rate increase next month, but it did add to a developing sense that the worst may be over. Inflation as measured by......

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......

Oil rises as supply concerns outweigh U.S. fuel stocks build

Reuters
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Register now for FREE unlimited access to Reuters.com Register SINGAPORE, June 30 (Reuters) – Oil prices edged higher on Thursday after dipping in......

China’s easing COVID curbs spark travel inquiry surge, and caution

Reuters
Travellers walk at a terminal hall of the Beijing Capital International Airport in Beijing, China March 23, 2022. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register BEIJING, June 29 (Reuters) – Online searches for Chinese airline tickets on domestic and international routes surged on Wednesday, after Beijing......

Forty-nine dead in prison riot in Colombia, prisons agency says

Reuters
BOGOTA, June 28 (Reuters) – Forty-nine inmates died during an overnight riot in a prison in the southwestern Colombian city of Tulua, the head of the national prisons agency said early on Tuesday, one of the worst incidents of recent prison violence in the country. The director of the INPEC......

G7 agrees to explore cap on Russian oil price – communique

Reuters
G7 invites other nations to explore cap on Russian oil price G7 will commit up to $5 bln to fight hunger – U.S. official Agree to push for Russian gold ban – EU official G7 leaders commit to climate club, make carbon-cutting pledges SCHLOSS ELMAU, Germany, June 28 (Reuters) –......

Tokyo June heatwave worst since 1875 as power supply creaks under strain

Reuters
TOKYO, June 28 (Reuters) – Japan baked under scorching temperatures for a fourth successive day on Tuesday, as the capital’s heat broke nearly 150-year-old records for June and authorities warned power supply remained tight enough to raise the spectre of cuts. The heatwave comes less than two weeks before a......

N.Korean leader convenes latest party meeting amid pandemic, heavy rains

Reuters
SEOUL, June 28 (Reuters) – North Korean leader Kim Jong Un presided over another meeting of the ruling party to tighten discipline, state media said on Tuesday, as Pyongyang continues to fight the COVID-19 pandemic and gears up for potential flood damage from heavy rains. The enlarged meeting of the......

U.S. appeals court vacates federal vaccine mandate pending additional hearing

Reuters
WASHINGTON, June 27 (Reuters) – A U.S. appeals court panel said on Monday it would convene a full panel to reconsider President Joe Biden’s executive order requiring civilian federal employees to be vaccinated against COVID-19, and set aside the order pending that hearing. The U.S. Court of Appeals for the......

China’s industrial profits slump for second month in May

Reuters
BEIJING, June 27 (Reuters) – Profits at China’s industrial firms shrank at a slower pace in May following a big slump in April, due to the resumption of activity in major manufacturing hubs, but COVID-19 curbs still weighed on factory production and squeezed factory margins. Profits fell 6.5% from a......

On and off screen, Aquaman’s Jason Momoa fights for world’s oceans

Reuters
CARCAVELOS, Portugal, June 26 (Reuters) – In superhero blockbuster Aquaman, popular Hollywood actor Jason Momoa plays the role of protector of the deep, but with the world’s oceans under threat in real life, he is also taking the fight off-screen. “Without a healthy ocean life, our planet as we know......

Biden urges G7 to stay together as leaders target Russian gold, oil price

Reuters
Biden says Russia has failed to split G7 Biden condemns ‘barbarism’ as missiles strike Kyiv Gold ban targets ‘Putin’s war machine’ – British PM Oil import price cap discussed, German source SCHLOSS ELMAU, Germany, June 26 (Reuters) – U.S. President Joe Biden told allies “we have to stay together” against......

Beijing says will reopen primary, secondary schools as COVID cases recede

Reuters
People wearing masks walk in a street in Beijing’s central business district (CBD) during morning rush hour, following the coronavirus disease (COVID-19) outbreak, in China December 8, 2020. REUTERS/Tingshu Wang/File Photo Register now for FREE unlimited access to Reuters.com Register SHANGHAI, June 25 (Reuters) – Beijing’s education commission said on......

Latin America’s kids slid into education black hole during pandemic

Reuters
LA PAZ/SAO PAULO, June 24 (Reuters) – In Bolivia’s highland city La Paz, Maribel Sanchez’s children spent much of the last two years huddling over a small smartphone screen to attend online classes amid a lengthy lockdown due to the coronavirus pandemic. The two boys, aged 11 and eight, frequently......

Analysis: Asian demand, rising costs squeeze Europe’s LNG import plan

Reuters
Model of LNG tanker is seen in front of the EU flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Freeport outage adds to LNG market tightness Asian demand rebound means Europe will compete for LNG LNG imports seen lower......

U.S. FDA halts sales of Juul e-cigarettes in nicotine crackdown

Reuters
June 23 (Reuters) – The Food and Drug Administration on Thursday blocked Juul Labs Inc from selling its e-cigarettes in the United States, potentially dealing a fatal blow to the once high-flying San Francisco company. Following a nearly two-year-long review of scientific and public health data submitted by the company,......

Biden asks Congress to pause gas tax amid record pump prices

Reuters
June 22 (Reuters) – U.S. President Joe Biden on Wednesday called on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices and provide temporary relief for American families this summer. The president also urged states to temporarily suspend state fuel taxes, which......

U.S. COVID vaccines start to roll out for young children

Reuters
June 21 (Reuters) – The United States has begun distributing COVID vaccines for children as young as six months around the country, and availability of the shots will improve in the coming days, according to White House COVID-19 response coordinator Dr. Ashish Jha. U.S. regulators authorized Moderna Inc’s (MRNA.O) two-dose......

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