Category: Reuters
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Hong Kong policy address seen pivoting from security to economic growth By Reuters
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Written by James Pomfret HONG KONG (Reuters) – Hong Kong is expected to announce measures to boost the city’s economy in its annual policy speech on Wednesday, including cutting tariffs on alcohol, as it seeks to revive the financial hub that has struggled to recover since the pandemic. Hong Kong’s…
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Dollar edges higher against major currencies as traders weigh US data By Reuters
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By Chibuike Ojoh and Alun John NEW YORK/LONDON (Reuters) – The US dollar stabilized against major currencies on Friday as markets absorbed a large number of economic data that supported the current monetary policy path of the Federal Reserve (US central bank). The Labor Department reported that its U.S. producer…
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Dollar holds gains while investors parse China’s stimulus plans By Reuters
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Written by Vidya Ranganathan SINGAPORE (Reuters) – The dollar maintained its gains and even extended some gains in Asian trading on Monday as a holiday in Japan drained liquidity, leaving somewhat disappointing Chinese stimulus announcements at the end of the week the focus of market attention. The euro fell 0.13%…
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Dollar holds gains while investors parse China’s stimulus plans By Reuters
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Written by Vidya Ranganathan SINGAPORE (Reuters) – The dollar maintained its gains and even extended some gains in Asian trading on Monday as a holiday in Japan drained liquidity, leaving somewhat disappointing Chinese stimulus announcements at the end of the week the focus of market attention. The euro fell 0.13%…
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Analysis-Lessons from Iran missile attacks for defending against China’s advanced arsenal By Reuters
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Written by Jerry Doyle SINGAPORE (Reuters) – Iran’s missile barrage this month on Israel, after a similar large-scale attack in April, shows the value and shortcomings of the missile defenses of the United States and its allies in a potential Indo-Pacific conflict with China, analysts say. He says. Although the…
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Analysis-Lessons from Iran missile attacks for defending against China’s advanced arsenal By Reuters
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Written by Jerry Doyle SINGAPORE (Reuters) – Iran’s missile barrage this month on Israel, after a similar large-scale attack in April, shows the value and shortcomings of the missile defenses of the United States and its allies in a potential Indo-Pacific conflict with China, analysts say. He says. Although the…
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Israeli tanks deepen their push into the northern Gaza Strip By Reuters
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Written by Nidal Al-Maghribi CAIRO (Reuters) – Residents said that Israeli forces expanded the scope of their raid on northern Gaza, and tanks reached the northern edge of Gaza City, bombing some neighborhoods of the Sheikh Radwan neighborhood and forcing many families to leave their homes. Residents said that Israeli…
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Australia’s TPG Telecom to sell fibre, fixed assets to Vocus for $3.54 billion By Reuters
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(Reuters) – TPG Telecom will sell its fiber and fixed network infrastructure assets, including broadband provider Vision Network, to Macquarie and telecoms group Vocus’s Aware Super superannuation fund for A$5.25 billion (US$3.54 billion). Under the deal, Vocus will acquire TPG’s fiber network assets and fixed, government and wholesale (EG&W) businesses,…
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Chinese carmaker GAC looks at making EVs in Europe as tariffs loom By Reuters
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Written by Gilles Guillaume PARIS (Reuters) – Chinese state-owned carmaker GAC is exploring manufacturing electric cars in Europe to avoid EU tariffs, its general manager told Reuters on Sunday, joining a growing list of Chinese companies planning local production. The company is among China’s largest automakers and targets sales of…
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NASA spacecraft to study whether Jupiter’s moon Europa can harbor life By Reuters
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Written by Will Dunham WASHINGTON (Reuters) – The US National Aeronautics and Space Administration (NASA) is scheduled to launch a spacecraft to Jupiter’s moon Europa, considered one of the most promising locations in our solar system, to search for life beyond Earth, to find out if this ice-covered world, which…
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SpaceX catches giant Starship booster in fifth flight test By Reuters
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Written by Joey Roulette (Reuters) – SpaceX on its fifth Starship test flight on Sunday returned the rocket’s towering first stage booster to a launch pad in Texas for the first time using giant metal arms, achieving another new engineering feat in the company’s quest to build a reusable moon.…
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Ambani’s Reliance lobbies India minister on satellite spectrum in new face-off with Musk By Reuters
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Written by Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Indian billionaire Mukesh Ambani’s Reliance Co has privately argued that the telecom regulator incorrectly concluded that New Delhi should allocate broadband spectrum for home satellites and not auction it off, intensifying a standoff with Elon Musk’s Starlink. . How…
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Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
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JAKARTA (Reuters) – Indonesia has asked Alphabet Inc (NASDAQ:) and Google (NASDAQ:) to ban Chinese fast-fashion e-commerce company Temu in their app stores in the country so it cannot be downloaded, an Indonesian minister said on Friday. . Communications Minister Budi Ari Setiadi told Reuters that the move aims to…
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Indonesia asks Apple, Google to block China’s Temu to protect small merchants By Reuters
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JAKARTA (Reuters) – Indonesia has asked Alphabet Inc (NASDAQ:) and Google (NASDAQ:) to ban Chinese fast-fashion e-commerce company Temu in their app stores in the country so it cannot be downloaded, an Indonesian minister said on Friday. . Communications Minister Budi Ari Setiadi told Reuters that the move aims to…
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Taiwan’s China Airlines says no political pressure on new aircraft order By Reuters
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TAIPEI (Reuters) – Taiwan’s China Airlines is not facing any political pressure over its decision whether to buy Boeing (NYSE:) or Airbus planes to modernize its long-haul fleet, the chairman of Taiwan’s China Airlines said on Saturday. Taiwan’s largest airline was weighing the Boeing 777X and Airbus A350-1000 aircraft as…
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China’s BYD expects to swiftly lift sales in Germany, executive tells FAS By Reuters
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FRANKFURT (Reuters) – Chinese electric car maker BYD (SZ:) executive vice president Stella Li said she expects its sales in Germany to increase within six months. BYD will gain a foothold in Germany in “less than half a year,” Li told the Frankfurter Allgemeine Sonntagszeitung (FAS) newspaper. She criticized EU…
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Israeli strikes kill 29 people in Gaza, medics say, as tanks push deeper in the north By Reuters
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Written by Nidal Al-Maghribi CAIRO (Reuters) – Israeli military strikes on the Gaza Strip on Saturday killed at least 29 Palestinians and forces continued their incursion into the Jabalia area, where international relief agencies say thousands of people are trapped, medics said. Residents said that Israeli forces continued to bomb…