Stocks rise; Europe at record high again Precious metals rally shows no sign of stopping Dollar on the defensive; traders remain on yen intervention watch SINGAPORE/LONDON, Jan 2 (Reuters) – European stocks began 2026 at fresh record highs as investors braced for a year set to test the AI-led rally, usher in a change of…
China carrying out 10 hours of live-firing drills around Taiwan Chinese military rehearsing blockade of island’s north and south Taiwan watching if China fires missile over island, source says Taiwan says China is simulating strikes on U.S.-made weapons system TAIPEI/BEIJING, Dec 30 (Reuters) – China fired rockets toward Taiwan on Tuesday and deployed new amphibious…
Industrial profits fell 13.1% in November, biggest drop in 14 months Automotive and high-tech sectors show profit growth Weak domestic demand offsets strong exports; no new stimulus introduced BEIJING, Dec 27 (Reuters) – Profits at China’s industrial firms in November fell at their fastest pace in over a year, as weak domestic demand offset resilience…
China’s Li Qiang says global economy under pressure from tariffs Urges IMF, World Bank, WTO chiefs to act to protect free trade Analysts say China’s $1 trln trade surplus is driving tariff use Pressure on China to reform to boost share of global consumption BEIJING, Dec 9 (Reuters) – China’s Premier Li Qiang on Tuesday…
Nvidia shares rise 2% in after-hours trading after Trump’s announcement US has concerns over AI chips aiding China’s military Trump says same approach will apply to AMD, Intel WASHINGTON, Dec 8 (Reuters) – The United States will allow Nvidia’s (NVDA.O), opens new tab H200 processors, its second-best artificial intelligence chips, to be exported to China…
Exports top expectations as non-US shipments lead amid high US tariffs Imports underperform, pointing to still-subdued domestic demand PMI surveys suggest exporters face challenging 2026 BEIJING, Dec 8 (Reuters) – China’s exports topped forecasts in November, driven by a surge in shipments to non-U.S. markets as manufacturers deepen trade ties with the rest of the…
Prestige Construction had history of safety violations before winning renovation contract, documents show Wang Fuk Court residents wrongly told by consultant that Prestige had clean safety record Homeowners repeatedly complained about costs and fire safety after Prestige won contract, tried to revoke agreement Prestige and consultant Will Power now subjects of manslaughter and anti-corruption probes…
Residents had raised concerns about fire hazards posed by ongoing renovation works HK authorities said last year that mesh used by contractors met fire safety standards, though police have since raised fresh suspicions Residents had also complained about use of foam insulation and workers smoking near scaffolding HONG KONG/BEIJING/SINGAPORE, Nov 28 (Reuters) – Residents of…
Item 1 of 2 A sign of Huawei is displayed at the company’s booth at the expo of the World Internet Conference in Wuzhen town of Tongxiang city, Zhejiang province, China November 8, 2025. REUTERS/Tingshu Wang [1/2]A sign of Huawei is displayed at the company’s booth at the expo of the World Internet Conference in…
Three renovation contractors held in manslaughter probe Fire Department expects to wrap up search and rescue operations on Friday Residents spend second night in shelters, some camp out in nearby mall HONG KONG, Nov 28 (Reuters) – Hong Kong fire authorities said they expected to wrap up search and rescue operations after the city’s worst…