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HONG KONG, China (AFP) — Equity markets were mixed in Asian trade Tuesday as investors bide their time ahead of the release of key US jobs figures later in the week. While the Dow and the S&P 500 on Wall Street provided a positive lead, there were few catalysts to drive business, with Tokyo and mainland China’s bourses closed for holidays. Still, a top US Federal Reserve official provided some welcome comments as he reiterated […]
HONG KONG, China (AFP) — Asian markets mostly fell Monday following a soft lead from Wall Street, hit by profit-taking and lingering inflation worries. With bourses closed in Japan and China for holidays most of the week, traders were easing back from their recent buying frenzy while there are also concerns that the more than year-long rally may have gone a little too far. Investment giant Warren Buffett instilled some unease after saying at the […]
HONOLULU, United States (AFP) — US Defense Secretary Lloyd Austin said on Saturday he was traveling to Asia to boost military cooperation with American allies and foster “credible deterrence” against China. Austin kicked off via Hawaii, seat of the American military command for the Indo-Pacific region, his first foreign visits as Pentagon chief. “This is all about alliances and partnerships,” he told reporters on the trip that is to include meetings with key allies […]
HONG KONG, China (AFP) — Markets fluctuated in Asia on Tuesday as traders struggle to reconcile growing optimism about the global recovery and worries that the expected surge in economic activity will fan inflation and force central banks to hike interest rates sooner than expected. A rally inequities across the world over the past year has started to run out of steam in recent weeks, despite the prospect of a sharp rebound in growth as […]
TOKYO, Japan (AFP) — Japan extended a virus state of emergency in the Tokyo area by two weeks on Friday, less than five months before the pandemic-postponed Tokyo Olympics. Prime Minister Yoshihide Suga announced the decision, which affects the capital and three nearby regions, and warned people against holding traditional spring picnics under cherry blossom trees. “I ask you all to refrain from eating in large groups — even at graduation ceremonies, enrollment ceremonies, welcome […]
by Jerome TAYLOR / Yan ZHAO Agence France Presse HONG Kong, China (AFP) — A new visa scheme offering millions of Hong Kongers a pathway to British citizenship will go live later on Sunday as the city’s former colonial master opens its doors to those wanting to escape China’s crackdown on dissent. From Sunday afternoon, anyone with a British National (Overseas) passport and their dependents will be able to apply online for a visa […]
by Sylvie LANTEAUME Agence France Presse WASHINGTON, United States (AFP) — One week into the job, US President Joe Biden has sent a clear warning to Beijing against any expansionist intentions in East and Southeast Asia. In multiple calls and statements, he and his top security officials have underscored support for allies Japan, South Korea, Taiwan and the Philippines, signalling Washington’s rejection of China’s disputed territorial claims in those areas. On Wednesday, Biden told […]
BEIJING, China (AFP) — Beijing on Friday kicked off a drive to test two million people in 48 hours as the city rushed to snuff out a new local cluster of cases believed to be linked to a more contagious virus variant. Long queues snaked through the Chinese capital — which reported 19 coronavirus cases in the past week — as the mass testing campaign got under way in Dongcheng and Xicheng districts. The […]
HONG KONG, China (AFP) — Asian markets saw Joe Biden’s first day as US president with broad gains Thursday as investors look forward with optimism about his economic and Covid-19 recovery plans. Soon after being sworn in, Biden signed more than a dozen executive orders unwinding some of his predecessor’s policies, including rejoining the World Health Organization that observers say will help in the fight against the devastating disease. He also signed back up […]
SEOUL, South Korea (AFP) — South Korea reported 1,030 new coronavirus cases Sunday, a record high for a second day in a row as the country struggles to tackle a third wave of infections. The country had previously been held up as a model of how to combat the pandemic, with the public largely following social distancing and other rules. But a resurgence centred on the capital and surrounding area has prompted President Moon […]
(Eagle News) – Malacanang is very much dismayed that the country’s internet speed remains slow despite the deadline given by President Rodrigo Duterte that it has lagged behind many of its ASEAN neighbors. Presidential Spokesperson Harry Roque said that despite some improvements, in terms of increased contruction permits for telephone companies, the Philippines is still behind many of the ASEAN countries, including Myanmar and Laos, as the government pushed telcos to do better. “Narinig […]
HONG KONG, China (AFP) — A spike in coronavirus infections across the United States and Europe hit Asian markets again Friday as traders fear another wave of lockdown measures will throw an already shaky economic recovery off course. The rally fuelled by excitement over a possible vaccine before 2021 and relief at Joe Biden’s US election win has given way to the reality that while there is light at the end of the tunnel, […]
