By Saqib Iqbal Ahmed NEW YORK (Reuters) – Shares of U.S.-listed Chinese exchange traded funds edged higher on Thursday, tracking gains in the Chinese markets after the central bank cut borrowing costs to aid a shaky economic recovery and as investors pinned hopes on further stimulus. China’s stock markets rose on Thursday, with the benchmark…
TAIPEI (Reuters) – Taiwan’s government on Thursday agreed to fully open its market to imports of Canadian beef, lifting a stumbling block as Taipei angles to sign a bilateral investment agreement with Ottawa this year. Taiwan had previously banned imports of Canadian beef slaughtered more than 30 months earlier due to concerns about bovine spongiform…
By Francis Mascarenhas, Sumit Khanna and Gibran Naiyyar Peshimam MANDVI, India/KARACHI (Reuters) – Strong winds, heavy rain and high tides lashed India’s Gujarat coast late on Thursday as cyclone Biparjoy made landfall after authorities there and in neighbouring Pakistan had evacuated more than 180,000 people to safety. Deserted coastal towns were battered in the dark…
WASHINGTON (Reuters) – National security advisers for the United States, Japan and South Korea on Thursday discussed maintaining stability in the Taiwan Strait and coordination over the East China and South China Seas, the White House said in a statement. The White House’s Jake Sullivan, along with his counterparts at a trilateral meeting in Tokyo,…
DUBAI (Reuters) – Bahrain granted its first “golden licences” offering special benefits to five companies that have made large-scale investment projects in the small state totalling more than $1.4 billion, it said on Thursday. The licences, granted to Citi, Eagle Hills Diyar W.L.L, Infracorp, Saudi Telecommunication Company and Whampoa Group, give those companies a set…
(Corrects first name of incoming Pirelli CEO in para 11) MILAN (Reuters) – Pirelli’s CEO said in a recent private meeting that he is “very confident” Rome will use its Golden Power to curb Chinese influence over the Italian tyremaker, deemed a strategic asset, a person with knowledge of the matter said. Italy’s right-wing government…
By Julie Zhu, Kane Wu and Selena Li HONG KONG (Reuters) -Goldman Sachs Group is cutting more than 30 banking jobs in Asia, two sources with knowledge of the matter said, as a challenging markets environment weighs on Wall Street banks’ dealmaking and trading revenues. The reduction in regional jobs, most of which are in…
By Paul Sandle LONDON (Reuters) -It has taken months of tortuous negotiations for Vodafone and CK Hutchison to agree a deal to create Britain’s biggest mobile operator, but from a regulatory standpoint the hard work is only just beginning. The $19 billion tie-up will be scrutinised by Britain’s Competition and Markets Authority, the antitrust regulator…
By Nicolás Misculin BUENOS AIRES (Reuters) – The Clooney Foundation for Justice has accused Venezuelan security forces of crimes against humanity against government opponents since 2014 in a legal complaint filed in Argentina on Wednesday. The foundation said that for lack of a response from Venezuelan authorities, it filed the complaint in Argentina where universal…
By Stanley Widianto JAKARTA (Reuters) -Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630…
