BEIJING (Reuters) – Earnings growth at China’s industrial firms in November fell for the first time in nearly three years in the face of slackening domestic and external demand, highlighting rising risks to the world’s second-largest economy. The gloomy data points to a further loss of economic momentum as a trade dispute with the United […]
BEIJING (REUTERS) – A Chinese court will try a Canadian citizen on drugs charges on Saturday (Dec 29), a government-run news portal said, in a case that could further test already difficult relations between Beijing and Ottawa. The two countries have sparred over the fate of two Canadian citizens detained in China on suspicion of […]
TOKYO(Reuters) – It’s a rite of spring in Japan: Major corporations hire fresh university graduates en masse every April, starting them all at the same salary with assurances of rising pay and lifetime employment. But lately, some companies, including Rakuten (4755.T), SoftBank (4726.T) and Line Corp (3938.T), are breaking with that tradition, signing up new […]
QUETTA, Pakistan (REUTERS) – One of the alleged masterminds of an attack by a Pakistani separatist group on the Chinese consulate in Karachi last month has been killed along with five associates, the insurgent group said on Wednesday (Dec 26). The Baloch Liberation Army (BLA), which opposes projects linked to China’s Belt and Road infrastructure […]
NEW YORK (Reuters) – The dollar gained against the euro on Wednesday as U.S. stocks came off 20-month lows, though uncertainty relating to the U.S. government shutdown and Federal Reserve monetary policy remained a headwind for the greenback. Wall Street opened higher after a few punishing sessions that left the S&P 500 on the brink […]
NEW YORK (Reuters) – The dollar gained against the euro on Wednesday as U.S. stocks came off 20-month lows, though uncertainty relating to the U.S. government shutdown and Federal Reserve monetary policy remained a headwind for the greenback. Wall Street opened higher after a few punishing sessions that left the S&P 500 on the brink […]
Sului Piew went missing on December 17 when he went out to play near a plantation where his parents work. The search for a missing two-year-old boy ended grimly on Tuesday with the discovery of the toddler’s body in a sugarcane plantation in central Thailand. Nimit Wanchaithanawong, governor of Suphan Buri province, said the boy’s body was […]
TOKYO (Reuters) – Mitsubishi UFJ Financial Group (MUFG) (8306.T) said on Wednesday it picked Kanetsugu Mike, the head of its core commercial banking unit, as its next president and CEO as Japan’s largest lender accelerates efforts to expand overseas. Mike will also continue to serve as chief of the commercial banking unit, MUFG Bank, while […]
BEIJING (REUTERS) – A Chinese court sentenced the former general manager of Sinochem Group to 12 years in prison, state TV reported on Wednesday (Dec 26). Cai Xiyou, who headed one of the world’s largest chemical conglomerates, was put under investigation in 2016. He pleaded guilty to the charges and said he would not file […]
TEHERAN (AFP) – Iran has met with the Afghan Taleban, a top Iranian security official said on Wednesday (Dec 26) according to the Tasnim news agency, just days after the militants attended reconciliation talks in the United Arab Emirates. Ali Shamkhani, secretary of Iran’s Supreme National Security Council, made the announcement while on a visit […]