Author Archives: Syndicated Content
Dollar pressured, Asia shares slip as global inflation, Omicron fears sap confidence
By Alun John HONG KONG (Reuters) - Asian stock markets and the U.S. dollar struggled for traction on Friday after a rush of central bank meetings underlined the growing threat posed by a spike in glob...
Dec 16, 2021
Chinese developer Shimao plans to repay publicly issued debt due in Q4 – REDD
SHANGHAI (Reuters) - Chinese developer Shimao Group Holdings has told trust firms that it plans to make payments on its publicly issued bonds and interest that are due in the fourth quarter, financial...
Dec 16, 2021
U.S. still undecided on further restricting China’s SMIC – sources
By Karen Freifeld WASHINGTON (Reuters) - The Biden administration has still not decided whether to block more sales of U.S. technology to Chinese chipmaker SMIC, but raised the possibility of discussi...
Dec 16, 2021
Biden administration asks U.S. Supreme Court to lift lower courts hold on vaccine mandate
By Dan Whitcomb (Reuters) - The Biden administration on Thursday asked the U.S. Supreme Court to lift rulings by two lower courts that put the president's COVID-19 vaccine mandate for healthcare worke...
Dec 16, 2021
China revises 2020 GDP growth down slightly to 2.2% y/y – stats bureau
BEIJING (Reuters) - China has revised its 2020 gross domestic product (GDP) growth to 2.2% year on year, down from 2.3% previously, according to a notice from the National Bureau of Statistics on Frid...
Dec 16, 2021
Australia mourns deaths of five school children from jumping castle accident
SYDNEY (Reuters) - Australian police on Friday said investigations were continuing into the deaths of five children after a jumping castle was lifted into the air from strong winds at a school end-of-...
Dec 16, 2021
FTC initiates probe into Meta’s $400 million VR deal for Supernatural – The Information
(Reuters) - The U.S. Federal Trade Commission has initiated an in-depth probe of Meta Platform Inc's $400 million deal for the developer of Supernatural, a virtual reality (VR) based fitness app, a mo...
Dec 16, 2021
Typhoon Rai weakens after pummelling central Philippines
MANILA (Reuters) - Typhoon Rai, one of the most powerful tropical storms to hit the Philippines this year, has weakened after slamming into southern and central parts of the Southeast Asian country, w...
Dec 16, 2021
China’s Megvii says U.S. move ‘groundless’, will not impact daily operations
SHANGHAI (Reuters) - Chinese artificial intelligence firm Megvii said on Friday it opposed a decision by the U.S. Treasury to add it to a list of entities suspected of having Chinese military links, d...
Dec 16, 2021
S.Korea’s fin min to prepare $3.6 billion COVID-19 stimulus package
SEOUL (Reuters) - South Korea's finance minister said on Friday the government will prepare a new 4.3 trillion won ($3.6 billion) stimulus package to help support small-sized and self-employed busines...
Dec 16, 2021
