By Jessie Pang and Tyrone Siu HONG KONG (Reuters) -Hong Kong national security police on Wednesday arrested four men it accused of supporting overseas dissidents and of advocating for independence from China, two days after issuing warrants and bounties against several foreign-based activists. The four men “were suspected of receiving funds from operating companies, social…
By Tommy Wilkes and Patturaja Murugaboopathy LONDON (Reuters) – Equity funds with an environmental, social and governance (ESG) tilt suffered a large loss of investors in the three months to end-June, dragging the sector into a rare net outflow for a first half of the year, data showed. Outflows were driven by economic and regulatory…
By Vuyani Ndaba JOHANNESBURG (Reuters) – Emerging market currencies will hold on to gains into next year provided their respective central banks hold or only moderately prune already-high interest rates that have boosted carry trades, a Reuters poll found on Thursday. The June 30-July 5 poll of 52 currency strategists found as long as most…
A look at the day ahead in European and global markets from Kevin Buckland U.S. policymakers are stealing the spotlight in the markets today, after the Fed cemented its hawkish credentials overnight and Janet Yellen started a trip to China just as Beijing restricts chip-making metal exports. APAC investors clearly took notice, sending stocks sliding…
(Reuters) – Both Russian and Ukrainian forces have used cluster munitions that have killed Ukrainian civilians, Human Rights Watch said in a report on Thursday as the U.S. weighs whether to answer the Ukraine government’s call to supply it with the weapons. Human Rights Watch, an international advocacy group, called on both Russia and Ukraine…
By Carolina Mandl NEW YORK (Reuters) -European hedge funds have rapidly cut their exposure to U.S. banks since the beginning of the year, while roughly keeping their positioning in European ones, Goldman Sachs told clients in a recent report. Overall, shares in European banks are outperforming U.S. peers as they did not face the deposit…
By Michael Georgy, Lisa Barrington DUBAI (Reuters) -Public fury is growing in the Arab world over one of Israel’s biggest military operations in the occupied West Bank in years, yet Arab states which normalised ties with Israel are unlikely to turn their condemnation of the Israeli assault into action. Thousands of people were evacuated from…
By Rishav Chatterjee (Reuters) -Shares of Bubs Australia pared most of their early losses on Thursday after opening about 9% lower, as the embattled baby formula maker launched a five-point plan to reduce operating expenses and cash burn. Bubs has been focussing on streamlining its businesses locally, in China and the West and said it…
By Ivan Lyubysh-Kirdey and Anna Voitenko KYIV (Reuters) – A man who detonated an explosive device at a court in the Ukrainian capital died on Wednesday after barricading himself inside part of the building, Interior Minister Ihor Klymenko said, citing “preliminary information.” Two members of a special rapid response security forces unit were hurt during…
BEIJING/SHANGHAI (Reuters) -China’s export controls on metals used in semiconductors are “just a start”, an influential Chinese trade policy adviser said on Wednesday, as Beijing ramps up a tech fight with Washington days before a visit from U.S. Treasury Secretary Janet Yellen. Shares in some Chinese metals companies rallied for a second session as investors…
