Sunday, 13 Jul 2025

Asia

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China’s ‘Golden Week’ Kicks Off in Boost to Battered Tourism Industry

Chinese travelers are expected to fan out across the country in droves, even as anxiety about the virus and the economy lingers. By Vivian Wang Along the Great Wall, extra security guards have been deployed to deter rowdy tourists. Hotel bookings in Lhasa, the capital of Tibet, have risen 600 percent from the same period […]

H&M, STMicro results boost European stocks at start of new quarter

(Reuters) – European stocks rose on Thursday as Swedish retailer H&M and French-Italian chipmaker STMicroelectronics jumped after reporting forecast-beating results, while hopes of more U.S. stimulus aided global sentiment.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 28, 2020. REUTERS/StaffH&M HMb.ST surged 6.2% as it […]

White House stimulus proposal goes over $1.5 trillion with $20 billion for airlines

FILE PHOTO: White House Chief of Staff Mark Meadows speaks to reporters in the U.S. Capitol in Washington, U.S. July 29, 2020. REUTERS/Erin Scott(Reuters) – The Trump administration has proposed including a $20 billion extension in aid for the battered airline industry in a new stimulus proposal to House Democrats worth over $1.5 trillion, White […]

Japan business sentiment perks up as hit from pandemic begins to ease

TOKYO (Reuters) – Japanese business sentiment improved in July-September from a 11-year low hit three months ago, a key central bank survey showed, in a sign the economy is gradually emerging from the devastating hit from the coronavirus pandemic.FILE PHOTO: An employee wearing a protective face mask and face guard works on the automobile assembly […]