BEIJING/SYDNEY (Reuters) – China’s three biggest airlines posted on Tuesday a combined 28.4 billion yuan ($4.12 billion) second-quarter loss, wider than in the first quarter, due to major travel disruptions …
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By Joyce Lee SEOUL – Export restrictions being considered by Washington to halt China’s advances in semiconductor manufacturing could come at a substantial cost, experts say, potentially disrupting fragile global …
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SHANGHAI/BEIJING – A handful of COVID-19 infections have forced the northern Chinese port city of Tianjin to shut many entertainment venues and some kindergartens and tutoring agencies, the latest big …
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By Roxanne Liu and Ryan Woo BEIJING – Multiple Chinese cities are adopting fresh COVID-19 curbs, from business halts to lockdowns, to rein in new infections, with the commercial hub …
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BEIJING – As China loosens its months-long COVID-19 curbs, railway travel is expected to see an uptick in passengers just in time for the summer transport season, which starts on …
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TOKYO – Japan’s factory activity growth slowed in June as China’s strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high …
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NEW DELHI/BENGALURU -The Reserve Bank of India on Thursday lifted restrictions imposed last year on Mastercard Inc over issuing debit and credit cards to new domestic customers. The decision follows …
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By Omar Younis LOS ANGELES – As a historic drought grips southern California, one district is getting tough on water usage violators by reducing their supply directly from the source …
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WASHINGTON – Secretary of State Antony Blinken said on Monday the United States would impose visa restrictions on 93 more people believed to have undermined democracy in Nicaragua following last …
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By Kevin Yao and Sophie Yu BEIJING – China’s sputtering economy has a lot riding on its consumers, who are just now emerging from lockdowns in Shanghai and other big …
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BEIJING – China’s factory activity shrank less sharply in May as COVID-19 curbs eased and some production resumed, a private sector survey showed on Wednesday, improving from a 26-month low …
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By Cynthia Kim SEOUL – South Korea’s exports grew at a faster pace in May than a month earlier as a rise in shipments to Europe and United States more …
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BANGKOK – Thailand’s economic activity in May showed gradual improvement as concerns about the pandemic receded and restrictions eased, the central bank said on Tuesday. Issues to be monitored, however, …
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BERLIN – German unemployment fell in May, Labour Office figures showed on Tuesday, as trade and services benefited from the end of pandemic restrictions in Europe’s biggest economy despite the …
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(Reuters) -China has removed a three-year restriction on imports of Canadian canola seed, Canadian officials said in a statement on Wednesday that didn’t provide a reason for the lifting of …
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BEIJING – China processed 11% less crude oil in April than a year earlier, with daily throughput falling to the lowest since March 2020 as refiners slashed operations on weaker …
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BEIJING – China’s export growth is expected to have slowed to a crawl in April as strict COVID-19 curbs hit production while imports likely extended declines, creating heavy headwinds for …
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By Donny Kwok and Twinnie Siu HONG KONG – Hong Kong’s economy contracted in the first quarter of this year as the city imposed its most stringent restrictions to curb …
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GENEVA -The World Trade Organization (WTO) accepted some of Turkey’s complaints against European Union measures designed to curb imports of steel and advised the bloc on Friday to bring them …
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(Reuters) – The Reserve Bank of New Zealand on Wednesday said it intends to finalise a framework on debt servicing restrictions (DSRs) on residential mortgage lending by late 2022 and …
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By Gavin Maguire, Muyu Xu and Xie Yu (Reuters) – A wave of COVID-19 lockdowns in Shanghai presents the biggest test yet for investors, trading companies and logistics managers trying …
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TAIPEI -Taiwan firms making chip and electronic components reported a mixed picture on Wednesday on work resumption in the eastern Chinese city of Kunshan after COVID-19 curbs, with some warning …
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By Martin Quin Pollard BEIJING – Earlier this month Chinese truck driver Dong Zhigang finished a job in the coastal city of Nantong and began what should have been a …
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By Richard Cowan WASHINGTON – Democrats in the U.S. Congress on Thursday pushed back against President Joe Biden’s lifting of a pandemic-related rule expelling immigrants seeking asylum, with others supportive …
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By Josh Horwitz and Kevin Yao SHANGHAI – China’s top European business group warned on Wednesday that its “zero-COVID” strategy was harming the attractiveness of Shanghai as a financial hub, …