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October 22, 2021

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No ‘Squid Game’: South Korea’s real-life debt trap

Reuters
Passengers wearing masks to avoid contracting the coronavirus disease (COVID-19) walk at Seoul railway station in Seoul, South Korea, October 19, 2021. REUTERS/Kim Hong-Ji/Files SEOUL, Oct 22 (Reuters) – Many small business owners in South Korea recognise themselves in the cash-strapped characters of the wildly popular Netflix (NFLX.O) drama ‘Squid......

Late Locatelli strike hands Juventus win over Torino in Turin derby

Reuters
TURIN, Oct 2 (Reuters) – Manuel Locatelli struck late to earn Juventus a 1-0 win over Torino in the Turin derby on Saturday, as the Old Lady stretched their winning run to four games in all competitions and kept a Serie A clean sheet for the first time in seven......

Ukraine demands sanctions on Russia’s Gazprom after Kyiv loses gas imports

Reuters
An engineer checks the gas distribution system in Beregdaroc, one of several points where Russian gas crosses into the European Union February 10, 2015. REUTERS/Laszlo Balogh Russia-Hungary deal deprives Kyiv of revenue, gas Kyiv wants sanctions on Gazprom Kremlin says criticism is politicised Says Gazprom is meeting all obligations KYIV/MOSCOW,......

Asian stocks extend global slide as inflation fears bite

Reuters
A man wearing a protective mask, amid the COVID-19 outbreak, is reflected on an electronic board displaying stock prices outside a brokerage in Tokyo, Japan, September 21, 2021. REUTERS/Kim Kyung-Hoon Asia-Pac stocks fall 1% after decline on Wall St overnight Concerns about inflation-growth outlook send bonds higher Gold in demand,......

Analysis: From chips to ships, shortages are making inflation stick

Reuters
A gas burner is pictured on a cooker in a private home in Bordeaux, soutwestern France, December 13, 2012. REUTERS/Regis Duvignau Analysts still view price pressures as temporary But watching supply, worker shortages closely U.S. seen more at risk from wage-induced inflation LONDON, Sept 30 (Reuters) – Soaring gas prices,......

Facebook could face hefty fine in Russia over banned content, says regulator

Reuters
MOSCOW, Sept 30 (Reuters) – Russian authorities on Thursday warned social media giant Facebook (FB.O) it faces a fine of up to 10% of its annual turnover in the country unless it deletes content Moscow deems illegal. Upping the ante in its standoff with U.S. Big Tech, state communications regulator......

Belarus forces kill IT worker in shootout, opposition says

Reuters
Sept 28 (Reuters) – Belarusian security forces shot dead a man and arrested his wife during a raid in an apartment block in Minsk on Tuesday, the KGB security service said. The man had opened fire against the security forces, one of whom also died, a statement said. Reuters could......

Analysis: Huawei CFO’s admissions won’t help U.S. in its case against the company -legal experts

Reuters
Sept 28 (Reuters) – The admission by Huawei’s chief financial officer that she misled a bank about the company’s business dealings in Iran likely won’t help the United States as it continues to prosecute Huawei for the same charges. While Meng Wanzhou’s admissions last week go to the heart of......

Banks, industrials lift Dow; Tech mega-caps drag Nasdaq lower

Reuters
A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid Stocks sensitive to economy outperform the market U.S. core capital goods orders, shipments rise in Aug Indexes: Dow rises 0.34%, S&P down 0.29%, Nasdaq falls 0.72%......

Libya’s presidency seeks consensus on election law

Reuters
Mohamed al-Menfi, Head of the Presidential Council of Libya, talks to media after a meeting with French President Emmanuel Macron at the Elysee Palace in Paris, France, March 23, 2021. REUTERS/Benoit Tessier/File Photo NEW YORK, Sept 25 (Reuters) – The head of Libya’s Presidency Council said on Saturday he would......

Evergrande bondholders run out of hope for coupon payment on Thursday -source

Reuters
Chairman reiterates top priority is to help investors Evergrande shares rise 18% boosting other property stocks Investors and analysts play down threat of ‘Lehman moment’ HONG KONG/SINGAPORE, Sept 23 (Reuters) – China Evergrande Group (3333.HK) dollar bondholders were still waiting for information about a key interest payment due Thursday, with......

Romanian hospitals fill up with COVID patients amid widespread vaccine refusal

Reuters
BUCHAREST, Sept 23 (Reuters) – After living through three waves of the COVID-19 pandemic without getting sick, 55-year-old Roxana Pascu thought that she was healthy enough to withstand the virus and decided to turn down the vaccine. Now Pascu, who runs a small business, is one of around 1,040 COVID-19......

South Korea foreign minister says to meet Japan counterpart on Thursday

Reuters
South Korean Foreign Minister Chung Eui-yong speaks during a joint announcement with Russian Foreign Minister Sergei Lavrov at the Foreign Ministry in Seoul, South Korea, March 25, 2021. Ahn Young-joon/Pool via REUTERS WASHINGTON, Sept 22 (Reuters) – South Korean Foreign Minister Chung Eui-yong said he would meet his Japanese counterpart......

Spanish, Italian police arrest 106 in mafia sting operation

Reuters
MADRID, Sept 20 (Reuters) – Spanish and Italian police said on Monday they had arrested 106 people for belonging to a gang that allegedly laundered money for mafia groups and made millions of euros through online scams. Most of the suspected members were Italian nationals and the majority of the......

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......

Oil hits 6-week high on fears of U.S. supply disruptions from storm Nicholas

Reuters
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson U.S. energy firms brace for another storm amid slow recoveries Over 40% of U.S. Gulf’s oil, gas......

Argentines head to polls in litmus test for Peronists

Reuters
BUENOS AIRES, Sept 12 (Reuters) – Argentines headed to the polls on Sunday for midterm primaries in a litmus test for the center-left Peronist government of Alberto Fernandez, which has been hit hard by the COVID-19 pandemic, economic crises and rising poverty. Voting stations around the South American nation opened......

Japan’s tepid July household spending adds to economic recovery doubts

Reuters
People wear protective masks in a shopping district amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, December 14 , 2020. REUTERS/Kim Kyung-Hoon/File Photo/File Photo July household spending up 0.7% y/y vs f’cast +2.9% Household spending down 0.9% m/m in July vs f’cast +1.1% Spending growth picks up after June’s......

EXCLUSIVE Allianz under investigation in Germany over investment funds

Reuters
The logo of insurer Allianz SE is seen on the company building in Puteaux at the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau/File Photo German investigation has picked up pace in recent weeks Investigation is across multiple BaFin departments Allianz......

Stephens suffers abuse on social media after U.S. Open loss

Reuters
Sep 3, 2021; Flushing, NY, USA; Sloane Stephens of the United States hits to Angelique Kerber of Germany on day five of the 2021 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Mandatory Credit: Danielle Parhizkaran-USA TODAY Sports NEW YORK, Sept 4 (Reuters) – American Sloane......

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