Asian markets fall after weak showing on Wall St, oil tumbles

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, stands in front of an electric board showing the Nikkei index outside a brokerage in Tokyo, Japan, January 21, 2021. REUTERS/ Kim Kyung Hoon Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Jan 21 (Reuters) – Asian stock markets and U.S. … Read more

World rushes aid to tsunami-hit Tonga as drinking water, food runs short

First aid flights begin to arrive in Tonga Australian and New Zealand ships due in the coming days The United Nations says Tonga has requested urgent help The United Nations is very concerned about access to safe water WELLINGTON/SYDNEY (Reuters) – More ships and planes carrying aid are due to arrive in Tonga in the … Read more

Russia to hold major navy drills involving all its fleets

Training of marines of the Baltic Fleet of the Russian Navy in the obstacle course during military exercises at the Khmelivka firing ground in the Kaliningrad region, Russia, November 24, 2021. REUTERS / Vitaly Nivar Register now to get free unlimited access to Reuters.com Register MOSCOW (Reuters) – Russia announced on Thursday that its naval … Read more

‘This is an end’: Serbia revokes Rio Tinto’s lithium project licences

BELGRADE (Reuters) – Serbia on Thursday revoked Rio Tinto (RIO.L)’s lithium exploration licenses, bowing to protesters who opposed the development of a giant Anglo-Australian mining project on environmental grounds. Serbian Prime Minister Ana Brnabic said the government’s decision followed requests from various green groups to halt the $2.4 billion Gadar lithium project which, if completed, … Read more

Stock Market Today: Nasdaq Rises After Entering Correction Territory, Bond Yields Fall

Text size Stocks have struggled as investors face tighter monetary policy from the Federal Reserve. Mark Wilson/Getty Images Stocks rebounded on Thursday, with tech names leading the way. Investors bought the dip with bond yields falling from recent highs. In the afternoon discussions, the Dow Jones Industrial Average rose 255 points or 0.7%, after the … Read more

‘There are no minor incursions’ pleads Ukraine leader after Biden remarks

Russia has massed troops near the Ukrainian border Top US diplomat Blinken speaks with allies No “minor incursions”, according to the Ukrainian president BERLIN/KIEV, Jan 20 (Reuters) – Western nations sought to project unity on Ukraine on Thursday, after U.S. President Joe Biden suggested allies were divided over how to respond to any “incursion minor” … Read more

South China Sea: US Navy warship USS Benfold challenges Chinese territorial claims

In the statement, a spokesman for the US Seventh Fleet, Lieutenant Mark Langford, said the USS Penfold has sailed around the Paracel Islands, known as the Xisha Islands in China, in what the Navy calls Operation Freedom of Navigation (FONOP). Paracels are a group of 130 small atolls and reefs in the northwestern part of … Read more

China says it warned away U.S. warship in South China Sea

BEIJING, Jan 20 (Reuters) – Chinese forces followed and warned away a US warship which entered waters near the Paracel Islands in the South China Sea, the country’s military said on Thursday, in the latest uptick in tensions in the disputed waterway. The Southern Theater Command of the People’s Liberation Army said the USS Benfold … Read more

New Zealand rules out lockdowns as it prepares for Omicron outbreak

WELLINGTON (Reuters) – New Zealand Prime Minister Jacinda Ardern said on Thursday that nationwide restrictions would be tightened if there was community transmission of the Omicron variant of the coronavirus, but she ruled out lockdowns. New Zealand’s strict controls and geographic advantage have helped to remain free of the Omicron variant in the community, although … Read more

Asian shares rise as China cuts key mortgage rate

A man wearing a protective face mask, following an outbreak of the coronavirus, speaks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, February 26, 2020. REUTERS/Athit Perawongmetha/ File Photo Join now for FREE unlimited access to Reuters.com Register MSCI Asia excluding Japan +0.6%, Nikkei … Read more