By Yimou Lee TAIPEI (Reuters) – China has launched a misinformation campaign that includes news reports Taiwan’s president has an “escape plan” in the event of a Chinese invasion, aiming to sap morale as Beijing presses the island to accept its sovereignty, Taiwan officials said. Taiwan is on high alert for what it sees as…
By Ben Blanchard and Jan Schwartz TAIPEI (Reuters) -Volkswagen is monitoring metals markets after China imposed export restrictions on two minor metals used in semiconductors and electric vehicles, it said on Thursday, while some chipmakers played down fears of shortages. Fears are growing that more curbs on strategic exports including rare earths could be coming…
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – MSCI’s global index of stocks fell on Thursday while Treasury yields rose as a surge in U.S. private payrolls prompted concerns that interest rates would stay higher for longer. Payroll company ADP said June private payrolls rose 497,000, far exceeding economists’ expectations for a 228,000…
By Kanishka Singh WASHINGTON (Reuters) – The U.S. is “appalled” by a brutal attack in Chechnya on a prominent female Russian journalist and a lawyer, the State Department said in a statement on Thursday, and it urged Russia to conduct a transparent probe and ensure justice. Armed masked men on Tuesday attacked Yelena Milashina, a…
By Jeff Mason and Jarrett Renshaw WEST COLUMBIA, South Carolina (Reuters) -President Joe Biden traveled to South Carolina to tout a new $60 million solar investment as the latest example that he is rebuilding the U.S. manufacturing industry. Biden and top administration officials are fanning across the country to champion how the administration’s economic policy…
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended sharply lower on Thursday in a broad sell-off after data showing a strong labor market boosted bond yields and fanned fears the Federal Reserve will be aggressive in raising U.S. interest rates. The S&P 500 posted its biggest…
By David Shepardson WASHINGTON (Reuters) -A group of 25 Republican state attorneys general on Thursday urged President Joe Biden’s administration to abandon plans to sharply cut vehicle tailpipe emissions, while a group of Democratic counterparts from 20 states urged more stringent requirements. The Environmental Protection Agency in April proposed new 2027-2032 vehicle standards that would…
By Jasper Ward WASHINGTON (Reuters) – California Governor Gavin Newsom on Thursday urged the Department of Justice to open criminal and civil investigations into Florida’s transportation of migrants to Martha’s Vineyard and Sacramento in recent months. “It is unconscionable to use people as political props by persuading them to travel to another state based on…
(Reuters) -OceanGate, the U.S.-based company that managed the tourist submersible that imploded during a dive to the wreck of the Titanic, has suspended all exploration and commercial operations, its website showed on Thursday. The company did not elaborate beyond a red banner at the top of its website: “OceanGate has suspended all exploration and commercial…
By Andrea Shalal and Yew Lun Tian BEIJING (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday began a four-day visit to China focused on easing tensions between the world’s two largest economies, despite low expectations on both sides. Shortly after arriving in the Chinese capital, Yellen said she was glad to be in Beijing and…
