Sunday, August 18, 2019
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HONG KONG (Reuters) - French “spiderman” climber Alain Robert scaled a 68-storey skyscraper in Hong Kong on Friday to hoist a flag symbolising reconciliation between China and the territory as weeks of escalating pro-democracy protests show no signs of abating. Using his bare hands and without a harness, Robert clambered up Cheung Kong Center located in the central...
BRIDGEWATER, N.J. (Reuters) - U.S. President Donald Trump has privately discussed with aides and advisers the idea of the United States purchasing the island of Greenland as a way to expand U.S. territory, two sources familiar with the situation said on Thursday. The notion of purchasing the icy, autonomous Danish territory between the North Atlantic and Arctic oceans...
CHONGQING, China (Reuters) - A year and a half ago, Chongqing Iron and Steel Corp (CISC), China’s oldest steelmaker, was rescued from the brink of bankruptcy in a deal hailed as a shining example of how struggling state companies can be revamped.Today it is profitable and earned 616 million yuan ($87.51 million) in net income in the first half of 2019.
APIA, Samoa (Reuters) - Oliver Fagalilo takes a laboured breath and tenses his body before a sharp steel comb, dipped in ink, drives into his skin. Six hands keep his body still and his skin taut as a Samoan artist works on the traditional tattoo that will cover more than half of Fagalilo’s body. It takes 35 hours...
(Reuters) - China’s Lenovo Group, the world’s largest PC maker, warned it will have to raise product prices if U.S. tariffs increase, sending its shares tumbling 6.5% to two-month lows. Lenovo’s warning amid mounting business uncertainty due to the U.S.-China trade war cast doubt on its sales outlook and took the shine off forecast-beating quarterly results where robust PC sales helped the...
TOKYO (Reuters) - Asian stocks slid and oil prices extended a punishing sell-off on Thursday as investors feared an historic drop in long-term U.S. bond yields could prove a herald of recession globally. Spooked investors stampeded to the safety of sovereign debt and drove yields on 30-year Treasuries to all-time lows at 1.97%. Yields have now fallen a staggering 60 basis...
SEREMBAN, Malaysia (Reuters) - The family of an Irish girl whose naked body was found near a Malaysian jungle stream will not demand a criminal investigation into the incident, their lawyer said on Wednesday, leaving it up to the police to decide the next course of action. Police on Tuesday found the body of Nora Anne Quoirin, 15,...
KUALA LUMPUR (Reuters) - Malaysia’s economic growth pace rose in the second quarter, helped by slightly stronger exports and manufacturing, a Reuters poll showed. The median forecast from the poll of 13 economists was for annual growth of 4.8% in April-June, faster than the first quarter’s 4.5% pace. Individual forecasts ranged from 4.3% to 5.0%.
BENGALURU (Reuters) - The Chinese yuan will weaken further beyond the current 7 per dollar rate over the coming year as Beijing steps back from managing the currency amid tariff threats from Washington, a Reuters poll of foreign exchange strategists showed. Having protected it since the global financial crisis, Chinese authorities let the yuan breach the key psychological 7 per dollar rate...
(Reuters) - Gold prices scaled their highest in more than six years on Tuesday, as concerns around protests in Hong Kong and an Argentine currency crash amid fears of global economic slowdown, prompted investors to move away from riskier assets. Spot gold rose 0.3% to $1,515.32 per ounce as of 0334 GMT, after hitting its highest since April...

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