Tag Archives: ASIA

Chinese cities ease COVID restrictions as virus continues to spread

BEIJING, Dec 2 (Reuters) – Some communities in Chinese cities where COVID-19 is still spreading are easing testing requirements and quarantine rules ahead of an expected change in virus policies across the country following social unrest. widespread. The uneven relaxation of COVID restrictions is, however, fueling fear among some residents who suddenly feel more exposed… Read More »

Blackstone’s $69 billion REIT restricts bailouts in scam for real estate empire

NEW YORK, Dec 1 (Reuters) – Blackstone Inc (BX.N) capped withdrawals from its $69 billion unlisted Real Estate Income Fund (REIT) on Thursday after a surge in redemption requests, a blow unprecedented for a franchise that helped it grow into an asset management giant. The restrictions came about because redemptions reached pre-set limits, rather than… Read More »

Three killed in suicide bomb blast that hits police vehicle in Pakistan | Taliban News in Pakistan

Tehreek-e-Taliban Pakistan claims responsibility for the attack that targeted officials deployed to protect workers from the polio vaccination campaign. Islamabad, Pakistan – A suicide bomb blast hit a police vehicle in the southwestern Pakistani city of Quetta, killing at least one policeman and two civilians and injuring dozens, police said. The armed group Tehreek-e-Taliban Pakistan… Read More »

Sam Bankman-Fried says he ‘never tried to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, founder and former CEO of now bankrupt cryptocurrency exchange FTX, tried to distance himself from suggestions of fraud in his first public appearance since his company’s collapse, which stunned investors. investors and left creditors facing billions of dollars in losses. Speaking via video link at the New… Read More »

China softens tone on severity of COVID after protests

BEIJING, Dec 1 (Reuters) – China is softening its tone on the severity of COVID-19 and easing some coronavirus restrictions even as the daily number of cases hovers near record highs after anger over the world’s tighter restrictions fueled protests across the country. Several cities in the world’s second-largest economy, while still reporting new infections,… Read More »

Hindu group holds rally for Adani port paralyzed by Indian fishing community

Adani port construction stalled for nearly four months Supporters say the port will bring jobs and investment Protesters say project is causing erosion VIZHINJAM, India, Nov 30 (Reuters) – Hundreds of a Hindu group marched on Wednesday in support of the construction of a $900 million port in southern India, chanting slogans against a local… Read More »

Excitement and defiance for Chinese youth at COVID ‘tipping point’ protests

HONG KONG/BEIJING, Nov 30 (Reuters) – When Yang, an office worker in Shanghai, saw video clips of a burning building in western China, a disaster in which 10 people died, she said she could not contain her anger because of Covid-19. -19 measures three years after the start of the pandemic. Watching a World Cup… Read More »

China enters ‘new stage and mission’ for Covid-19 control: official says after protests

CNN 🇧🇷 China’s most senior official in charge of its Covid response told health officials on Wednesday that the country faced a “new stage and mission” in controlling the pandemic, state media Xinhua reported – potentially indicating an adjustment in strategy” zero-Covid” from Beijing, which led to days of protests across the country. “With the… Read More »

Morning Deal: Powell’s Point Presentation

Nov 30 (Reuters) – A next day look at Asian markets from Jamie McGeever. Federal Reserve Chairman Jerome Powell may set the market tone for the rest of the year on Wednesday when he addresses the US economic outlook and job market at an event in Washington. Given how well stocks have held up recently… Read More »

China to punish internet users for ‘liking’ posts in crackdown after Covid-0 protests

Hong Kong CNN Business 🇧🇷 Internet users in China will soon be held accountable for liking posts deemed illegal or harmful, sparking fears that the world’s second-largest economy plans to rein in social media like never before. China’s internet watchdog is stepping up its regulation of cyberspace as authorities step up their crackdown on online… Read More »