By Leika Kihara TOKYO (Reuters) – Asia’s manufacturing activity stagnated in October as a rebound in China failed to give much of a boost to regional factories, private surveys showed, a discouraging sign for policymakers bracing for a potential escalation of U.S.-China trade tensions. The readings come as the International Monetary Fund (IMF) warned of…
By Rishav Chatterjee and Byron Kaye (Reuters) – Macquarie Group, Australia’s biggest investment bank by assets, posted first-half profit on Friday that fell short of analyst estimates as stabilising energy markets squeezed the commodities trading unit, its main earner, sending its share price sharply lower. Profit for the six months through September jumped 14% to…
Indonesia has prohibited the sale of Pixel phones, saying Alphabet Inc.’s Google has failed to meet domestic content requirements, according to a report by local media outlet Kontan. It’s illegal to trade Google Pixel Phones in Indonesia, even though an estimated 22,000 units have already entered the country this year through personal shipments or carry-on…
White House press officials altered the official transcript of a call in which President Joe Biden appeared to take a swipe at supporters of Donald Trump, drawing objections from the federal workers who document such remarks for posterity, according to two US government officials and an internal email obtained on Thursday by the Associated Press….
Hi, I’m Rebecca Choong Wilkins in Hong Kong, where — like everyone else — I’m trying to figure out just how much support Chinese President Xi Jinping will roll out for the beleaguered economy. The secret to answering that question might lie with a dissident in Canada and his cat. Source link
SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets were largely lower Friday, after Wall Street benchmarks Nasdaq Composite and S&P 500 suffered their worst day in nearly two months on downbeat Microsoft…
Seven people were killed in northern Israel on Thursday after strikes by Hezbollah from Lebanon that the Israeli military described as the “deadliest cross-border” airstrikes since the onset of the conflict between the two sides. A picture taken from the area of Marjeyoun in southern Lebanon shows explosions over buildings in the town of Khiam,…
RAPID CITY, S.D. (KOTA) -The Federal Communications Commission announced new regulations mandating that all mobile phones be compatible with hearing aids, enhancing access to mobile technology for Americans with hearing loss. The agency approved the new regulations on October 17th. According to the agency, all mobile phones have to meet volume control benchmarks. People with…
TWO YEARS after Xi Jinping declared a “no limits” partnership with Vladimir Putin, and as the leaders meet again in Beijing on May 16th and 17th, the world is getting a good look at what China’s approach means in practice. It is not pretty. As we explain this week, Chinese firms are sustaining Mr Putin’s…
(Bloomberg) — China’s manufacturing activity unexpectedly picked up last month despite a weeklong holiday, according to a private survey, a further sign of stabilization after Beijing unleashed a stimulus package to shore up the economy. Most Read from Bloomberg The Caixin manufacturing purchasing managers index rose to 50.3 last month from 49.3 in September, according…