By Angie Teo, Ann Wang and Fabian Hamacher TAIPEI (Reuters) – Cities across northern Taiwan ordered cars off roads and people to stay indoors on Monday for an annual air-raid exercise as the island steps up preparations in the event of a Chinese attack amid rising military threats from Beijing. Sirens sounded at 1:30 p.m….
LONDON (Reuters) -The peak holiday season is gearing up, but school’s not quite out for summer in financial markets. With the U.S. Federal Reserve, European Central Bank and Bank of Japan meeting, the first snapshot of July business activity, earnings and a Spanish election on the calendar, there’s lots going on. Here’s a look at…
BEIJING (Reuters) – China and Russia on Sunday wrapped up an air and naval exercise in the Sea of Japan aimed at “safeguarding” the security of waterways, the Chinese defence ministry said. The show of solidarity between the militaries comes at a time when the United States is beefing up ties with Japan and South…
By Joe Cash BEIJING (Reuters) – China is struggling to revive foreign investment in its financially battered cities and provinces as foreign firms remain wary of political risks and new incentives fall far short of sweeteners once used to attract overseas money. With their coffers depleted after an economically bruising pandemic and property crisis, local…
By Tim Kelly, Karen Freifeld and Kentaro Sugiyama TOKYO/NEW YORK (Reuters) – Japan’s imposition of export controls on chip making tools to align with a U.S. policy restricting China’s ability to produce advanced semiconductors is worrying some officials in Tokyo who believe a combative U.S. approach may hamper coordination and needlessly provoke Beijing. From this…
(Reuters) -An ammunition depot was hit during a Ukrainian drone attack on Dzhankoi in Crimea early on Monday, with Russian air defence forces shooting down or electronically jamming 11 drones over the area, a Russian-installed official said. Sergei Aksyonov, the Russian-installed governor of the Crimean Peninsula that Moscow annexed from Ukraine in 2014, also said…
By Alexandra Valencia QUITO (Reuters) -The mayor of the Ecuadorian Pacific port city of Manta, Agustin Intriago, was shot dead on Sunday, authorities said, in a brazen attack that stunned the political establishment. Police said the 38-year-old Intriago, who was re-elected as mayor of Manta in February, had been inspecting public works in the city…
By Jorgelina do Rosario LONDON (Reuters) -Turkey has under-delivered on rate hikes for a second month, but foreign investors are as yet unfazed and expect fresh money flows, cooling domestic credit and rising currency reserves to provide some breathing space to the battered emerging market. Policymakers hiked interest rates by 250 basis points to 17.5%…
By Chen Aizhu SINGAPORE (Reuters) – Chinese oil refiners and petrochemical companies are investing tens of billions of dollars to produce high-end chemicals for solar panels and lithium-ion batteries to profit from growing demand for energy transition technologies. The investments illustrate China’s drive to reduce its import dependence and further cement its dominance of renewable…
BEIJING (Reuters) -The concrete roof of a school gymnasium collapsed in China’s Qiqihar city on Sunday killing 11 people, many believed to be young female volleyball players, with authorities saying the illegal stacking of materials on the roof may have caused the cave in. Initially 15 people were trapped underneath the rubble and state media…
