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Category: Asia

Stocks rally stalls, eyes on Powell testimony for US rate clues
AsiaAustraliaBusinessEconomyEuropeTop NewsUS

Stocks rally stalls, eyes on Powell testimony for US rate clues

By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors…

June 19, 2023June 19, 2023
JD.com sales during China shopping festival beat expectations -analysts
AsiaBusinessEconomy

JD.com sales during China shopping festival beat expectations -analysts

By Casey Hall and Sophie Yu SHANGHAI (Reuters) -Sales on JD.com’s e-commerce site during China’s mid-year shopping festival – the…

June 19, 2023June 19, 2023
Buffett adds to his holdings of Japanese trading houses
AsiaBusinessUS

Buffett adds to his holdings of Japanese trading houses

(Reuters) -Billionaire investor Warren Buffett’s Berkshire Hathaway said on Monday it added to holdings in Japan’s five biggest trading houses,…

June 19, 2023June 19, 2023
AsiaEconomy

New China-focused hedge fund bucks trend to raise more than $100 million

By Summer Zhen and Xie Yu HONG KONG (Reuters) – A new China-focused hedge fund, led by a former Hillhouse…

June 18, 2023June 19, 2023
Blinken, Qin hold ‘candid’ talks, US and China agree to meet again
AsiaEconomyPoliticsTechnologyTop NewsUS

Blinken, Qin hold ‘candid’ talks, US and China agree to meet again

By Humeyra Pamuk BEIJING (Reuters) -The U.S. secretary of state and Chinese foreign minister on Sunday held what both called…

June 18, 2023June 18, 2023
Exclusive-China’s Xi tells Bill Gates he welcomes U.S. AI tech in China-sources
AsiaBusinessPoliticsScienceTechnologyUS

Exclusive-China’s Xi tells Bill Gates he welcomes U.S. AI tech in China-sources

HONG KONG (Reuters) -Chinese President Xi Jinping discussed the global rise of artificial intelligence with Bill Gates on Friday and…

June 16, 2023June 16, 2023
Price war: Amazon excludes rival Temu from competitive price checks
AsiaBusinessUS

Price war: Amazon excludes rival Temu from competitive price checks

By Arriana McLymore NEW YORK (Reuters) – Amazon is excluding its new competitor Temu from its price searching algorithm that…

June 16, 2023June 16, 2023
Americans should prepare for cyber sabotage from Chinese hackers, US official warns
AsiaPoliticsTechnologyTop NewsUS

Americans should prepare for cyber sabotage from Chinese hackers, US official warns

By Raphael Satter WASHINGTON (Reuters) – Chinese hackers are all but certain to disrupt American critical infrastructure, such as pipelines…

June 12, 2023June 12, 2023
Iran’s Khamenei says ‘nothing wrong’ with a nuclear deal with West
AsiaEconomyMiddle EastPoliticsTop News

Iran’s Khamenei says ‘nothing wrong’ with a nuclear deal with West

By Parisa Hafezi DUBAI (Reuters) -Iran’s supreme leader on Sunday said a deal with the West over Tehran’s nuclear work…

June 11, 2023June 11, 2023
Saudi Arabia seeks cooperation with China, ‘ignores’ Western worries
AsiaBusinessEconomyEnvironmentMiddle East

Saudi Arabia seeks cooperation with China, ‘ignores’ Western worries

By Aziz El Yaakoubi and Maha El Dahan RIYADH (Reuters) -Saudi Arabia wants to collaborate, not compete, with China, the…

June 11, 2023June 11, 2023

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