By Seher Dareen (Reuters) – Gold prices extended gains to a second straight session on Thursday, boosted by a slide in Treasury yields after the U.S. Federal Reserve signalled an end to its monetary tightening cycle might be on the cards. Spot gold rose 1.2% to $1,993.09 per ounce by 2:59 p.m. ET (1859 GMT), …
LONDON (Reuters) -Britain’s parliament will block TikTok on all devices on its network following a similar ban on government devices, becoming the latest Western institution to bar the Chinese-owned video app over security concerns. A TikTok spokesperson called the action “misguided”, saying it was based on fundamental misconceptions about the company. “Following the government’s decision …
British parliament blocks TikTok over security concerns Read More »
By Francesco Guarascio HANOI (Reuters) -A push by the United States to upgrade ties with Vietnam this year is facing resistance in Hanoi, over what experts say are concerns that China could see the move as hostile at a time of tension between superpowers Beijing and Washington. The United States is hoping for an upgrade …
Vietnam may resist diplomatic upgrade with Washington as U.S.-China tensions simmer Read More »
By Marc Jones LONDON (Reuters) – World stock markets rose on Thursday as shares on Wall Street rallied, and Treasury yields fell, after investors took comfort that the Federal Reserve might pause its interest rate rises to offset the turmoil in financial markets. The gains in U.S stocks offset loses in Europe, where a post-Credit …
Stocks up, bond yields fall as markets mull Fed policy pause Read More »
BEIJING/SAO PAULO (Reuters) -China said on Thursday it had agreed to immediately resume imports of Brazilian beef aged under 30 months, according to a statement released by China’s General Administration of Customs. Sales of Brazilian beef to China were voluntarily halted by Brazilian authorities on Feb. 23, following the discovery of an atypical case of …
China agrees to resume imports of some Brazilian beef from Thursday Read More »
(Reuters) – Russia hopes that a deal to provide gas supplies to China through the planned Power of Siberia 2 pipeline can be reached before the end of the year, Deputy Prime Minister Alexander Novak was quoted as saying on Thursday. Moscow is eyeing the 2,600 km (1,620 mile) pipeline – which would have a …
Russia hopes to seal Power of Siberia 2 deal with China this year – TASS Read More »
(Reuters) – Real estate developer Sunac China Holdings Ltd on Thursday warned of losses for a second straight year as a crisis in the country’s property sector continued to weigh on the demand for new houses and its earnings. The company expects to report an attributable loss in the range of 27 billion yuan ($3.95 …
Chinese property developer Sunac warns of losses for second straight year Read More »
WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai said on Thursday that she is open to trade conversations with Chinese officials, but the Biden administration would defend U.S. interests and was focused on investments to compete more effectively with China. In prepared testimony before the U.S. Senate Finance Committee, Tai said that U.S. legislation to …
US trade chief Tai says open to discussions with China Read More »
BEIJING (Reuters) – China and the Philippines should manage their differences properly, the Chinese foreign ministry said on Thursday, after the first in-person meeting between senior diplomats from the countries since before the COVID-19 pandemic. Bilateral tensions have risen recently over naval disputes in contested areas of the South China Sea and the increasing U.S. …
China, Philippines should properly manage differences -Beijing Read More »
By Arpan Chaturvedi NEW DELHI (Reuters) – India’s opposition leader Rahul Gandhi faces the risk of being immediately disqualified as a lawmaker after being convicted in a defamation case and sentenced to two years in jail. Here are some examples of how that might play out: WHAT DOES THE LAW SAY? The Representation of the …
Factbox-Why Indian opposition leader Rahul Gandhi may lose his parliament seat Read More »
