BEIJING (Reuters) – China’s factory activity swung to contraction in July, a private sector survey showed on Tuesday, with supply, demand and export orders all deteriorating as firms blamed sluggish market conditions at home and abroad. The Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 49.2 in July from 50.5 in June, missing analysts’…
(Reuters) -Paul Reubens, the actor who played Pee-wee Herman, a nerdy character who wore a gray suit and red bowtie while delighting children and adults alike with his distinctive “heh heh heh” laugh, has died, a post on his Instagram account said on Monday. Reubens, 70, died overnight after a years-long battle with cancer, the…
BEIJING (Reuters) – China said on Tuesday it has complained to the United States about a weapons aid package https://www.reuters.com/world/us-announces-taiwan-weapons-package-worth-up-345-million-2023-07-28/ to Taiwan, urging Washington to refrain from going further down a “wrong and dangerous” path. The U.S. unveiled an aid package for Taiwan worth up to $345 million on Friday as Congress authorised up to…
A look at the day ahead in European and global markets from Kevin Buckland. The ‘Goldilocks’ view that equity investors are taking of the global economy continued into August, as a benchmark of Asian stocks hovered around Monday’s 16-month highs. Signs of a peak for European consumer inflation to start the week echoed the narrative…
By Boureima Balima and Abdel-Kader Mazou NIAMEY (Reuters) -The junta that seized power in Niger last week detained senior politicians on Monday, their party said, defying international calls to restore democratic rule, while fellow military rulers in West Africa expressed their support. The overthrow of President Mohamed Bazoum has sent shockwaves across West Africa, pitting…
JAKARTA (Reuters) – Indonesia’s annual inflation rate cooled further to 3.08% in July, moving closer to the middle of the central bank’s target range and roughly in line with expectations, data from the statistics bureau showed on Tuesday. A Reuters poll had expected a July rate of 3.1%. Bank Indonesia is targeting 2023 inflation within…
By Jonathan Saul HERZLIYA, Israel (Reuters) – Every morning Amir sets up a protest stand to warn passersby that Israeli democracy is in danger from hotly contested legislation to curb the courts. But he’s a very unusual protester – a former Mossad spy who never before questioned the state for which he once risked his…
By Greg Torode and Albee Zhang HONG KONG (Reuters) – After months of intensified and increasingly ambitious drills to project power, Chinese President Xi Jinping, speaking ahead of Tuesday’s 96th anniversary of the People’s Liberation Army (PLA), told China’s armed forces to speed up modernisation. In his address, Xi said the military must broaden its…
(Reuters) -U.S. pharmacy chain CVS Health is cutting 5,000 jobs, the Wall Street Journal reported on Monday, citing a staff memo. In an emailed response to Reuters, CVS confirmed the company was laying off some non-customer facing employees to cut costs, but did not comment on the number of employees affected. The company spokesperson said…
BEIJING (Reuters) – Average new home prices in 100 Chinese cities fell for a third consecutive month in July, while more measures are expected in major cities to lift the country’s embattled property sector, a private survey showed on Tuesday. New home prices on an average fell 0.01% month-on-month in July, unchanged from June and…
