By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia gets the new quarter underway with a sense of optimism and momentum buoying world markets on the back of surprisingly strong U.S. economic data and a growing belief that risky assets can withstand ‘higher…
SYDNEY (Reuters) – Australian home prices rose for a fourth consecutive month in June as a sustained squeeze on housing supply helped lift values nationwide, data showed on Monday. Property consultant CoreLogic figures showed national home prices were up 1.1% in June from the previous month, after bottoming in February and starting a sustained rise….
KYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy warned on Saturday that a “serious threat” remained at the Russian-occupied Zaporizhzhia nuclear power plant and said Russia was “technically ready” to provoke a localized explosion at the facility. Zelenskiy cited Ukrainian intelligence as the source of his information. “There is a serious threat because Russia is technically…
By Steve Gorman (Reuters) -A European-built orbital satellite was launched to space on Saturday from Florida on a mission to shed new light on the mysterious cosmic phenomena known as dark energy and dark matter, unseen forces scientists say account for 95% of the known universe. The telescope dubbed Euclid, named for the ancient Greek…
BEIJING (Reuters) – China has urged the Netherlands to not hinder bilateral cooperation in the semiconductor industry and to not abuse export controls, China’s Ministry of Commerce said in a statement. The statement was made in response to questions from the media, it said. It also said the two countries have communicated frequently and at…
PHNOM PENH (Reuters) – Cambodian Prime Minister Hun Sen on Saturday commenced his ruling party’s campaign for an election later this month – a poll that has been criticised as a sham after the main opposition party was prevented from running. The 70-year-old strongman, who has ruled the Southeast Asian nation of 16 million for…
(Reuters) – Swiss drugmaker Sandoz said on Saturday it had launched a biosimilar version of AbbVie Inc’s big selling arthritis treatment Humira, adding to U.S. competition for the drug that started in January. The Novartis-owned company said its drug, Hyrimoz, will be priced at a 5% discount off Humira’s current list price of $6,922 per…
By Jihoon Lee SEOUL (Reuters) – South Korea’s export downturn slowed in June, with auto exports extending robust rises and semiconductors narrowing their decline, as the bellwether Asian economy posted its first trade surplus since early last year. Shipments from Asia’s fourth-largest economy, offering one of the earliest snapshots of monthly global trade, fell 6.0%…
BEIJING (Reuters) – New home prices in China edged down in June from the previous month, marking a second straight month of declines, and housing sales are likely to remain weak over the summer when demand is usually at a low ebb, according to a private survey. The average price of new homes in 100…
By Jonathan Landay WASHINGTON (Reuters) -A U.S. State Department report on Friday criticized the handling of the 2021 evacuation from Afghanistan, saying decisions by President Joe Biden and his predecessor Donald Trump to withdraw troops had “serious consequences for the viability” and security of the former U.S.-backed government. Adverse findings in the report also reflected…
