Coronavirus protests escalated in Guangzhou as China’s lockdown anger boiled over

Riot police in hazmat suits crash into protesters The number of protests is estimated at 27-43 in 22 cities across China The largest wave of civil disobedience since 1989’s Tiananmen Covid lockdown and protests hit China’s economy SHANGHAI/BEIJING (Reuters) – People in Guangzhou, China’s manufacturing hub, clashed with white riot police wearing hazmat protective gear … Read more

COP27 offers a breakthrough in the climate fund at the cost of advances in emissions

The COP27 climate summit ends after long negotiations at the end of the week Delivers final agreement on the creation of a landmark climate finance fund Negotiators say some have blocked tougher emissions targets SHARM EL SHEIKH, Egypt (November 20) (Reuters) – Countries wrapped up this year’s United Nations climate summit on Sunday with a … Read more

COVID public health emergency in the US to stay in place

Two Biden administration officials said Friday that the United States will maintain a public health emergency for the COVID-19 pandemic, allowing millions of Americans to get free tests, vaccines and treatments. One of the officials said the possibility of an increase in coronavirus cases in the winter and the need for more time to transition … Read more

China’s coronavirus epicenter moves to Guangzhou, more lockdowns loom

Southern manufacturing hub battles worst outbreak of COVID-19 Cases are doubling in Zhengzhou, the production base of Apple supplier Chinese stocks and currency slip on virus fears Today, Tuesday, official data showed a rise in cases of the new Corona virus in Guangzhou and other Chinese cities, as the global manufacturing center became the latest … Read more

South Korea begins investigation into deadly Halloween crush

The death toll rose to 154 and 149 wounded The government promises to conduct a thorough investigation Residents and officials offer condolences at the memorial The disaster is the worst in South Korea since 2014 Seoul ferry sinking SEOUL (Reuters) – South Korean investigators combed through footage on Monday from more than 50 state, private … Read more

The next big trade for China is nationalism

HONG KONG, Oct 17 (Reuters) – President Xi Jinping has just made clear that his concerns are greater than those of a faltering economy. The twice-a-decade Communist Party congress opened on Sunday with a speech focusing more on national security and stability than in the past. This means that state-led and inward-looking policies such as … Read more

Macro bets help hedge funds ride tough Chinese markets

HONG KONG (Reuters) – The hedge funds that have outperformed rugged Chinese stock markets so far this year say betting on big-picture macroeconomic changes has helped them. One such fund is Stanley Tao’s Golden Nest Greater China Fund, worth $230 million. The hedge fund had a net return of about 2.4% for the month of … Read more

US aims to hamper China’s chip industry with sweeping new export rules

(Reuters) – The Biden administration on Friday published a comprehensive set of export controls, including a measure to isolate China from some semiconductor chips made anywhere in the world with U.S. equipment, dramatically expanding their reach in an effort to slow technology in Beijing. and military progress. The rules, some of which take effect immediately, … Read more

The Fed decided to raise the interest rate by 75 basis points; Likely early pivot: Reuters poll

A woman holds US dollar bills in this illustration taken on May 30, 2022. REUTERS/Dado Rovich/Illustration Register now to get free unlimited access to Reuters.com Register BENGALURU (Reuters) – The Federal Reserve will raise interest rates by 75 basis points next week and is likely to keep the rate on hold for an extended period … Read more