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☆ Malaysia Arrests Armed Man Suspected of Being an Israeli Spy
▼ + stars: | 2024-03-29 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

KUALA LUMPUR (Reuters) - Malaysia has arrested an armed man at a hotel in Kuala Lumpur, its top police official said, describing the 36-year-old as a suspected Israeli spy. The suspect turned over an Israeli passport upon questioning by police, Razarudin said. Razarudin said police was investigating the possibility that the man could be a member of Israeli intelligence, though the suspect told authorities he had entered Malaysia to hunt down another Israeli citizen due to a family dispute. Police were also investigating how the suspect obtained the weapons, which were purchased in Malaysia and paid for with cryptocurrency, Razarudin said. Malaysia, a majority-Muslim country, is a staunch supporter of the Palestinians and has criticised Israel's actions in the Gaza war.

Persons: Police Razarudin Husain, Razarudin, Anwar Ibrahim, Rozanna Latiff, Himani Sarkar Organizations: Reuters, United Arab Emirates, Police, Malaysia . Police, Authorities, Israel Locations: KUALA LUMPUR, Malaysia, Kuala Lumpur, Israel, Gaza, Palestinian, Malaysian

☆ Five Cross-Country Skiers Found Dead in Switzerland, AFP Reports
▼ + stars: | 2024-03-11 | by ( March | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Five cross-country skiers were found dead in Switzerland and a search is still on for a sixth skier, AFP reported on Monday, citing police. Police in Switzerland's Valais canton on Sunday were searching for six people who went missing during a ski tour that departed from the Alpine town of Zermatt. The skiers, five of them members of the same family, went missing around Tete Blanche mountain on Saturday on the Zermatt-Arolla path, near the Matterhorn mountain that straddles the border between Switzerland and Italy, police had said earlier. The skiers were between the ages of 21 and 58, according to police. Five belonged to one family from the Valais canton, while a sixth person is from the canton of Fribourg.

Persons: Gursimran Kaur, Himani Sarkar, Jamie Freed Organizations: Reuters, AFP, Police, Sunday Locations: Switzerland, Switzerland's Valais, Alpine, Zermatt, Valais, Tete Blanche, Italy, Fribourg, Bengaluru

☆ Russia's Airstrikes Hit Hospital, Injuring Several in East Ukraine, Governor Says
▼ + stars: | 2024-02-13 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

(Reuters) - Russia launched several missile attacks on the town of Selydove in Ukraine's eastern Donetsk region, damaging a hospital, destroying a dozen residential flats and injuring several people, Donetsk Governor Vadym Filashkin said on Wednesday. "Reportedly, three people, including a child, are under the rubble (of the hospital)," Filashkin said on the Telegram messaging app, adding that 100 patients were evacuated to hospitals in nearby towns. The 1 a.m. Wednesday strike (2300 GMT Tuesday) damaged a wing of the hospital, Filashkin said. The Latest Photos From Ukraine View All 91 ImagesReuters was not able to independently verify the reports. Photos You Should See View All 22 ImagesBoth Russia and Ukraine deny targeting civilians in strikes on each other's territories.

Persons: Vadym Filashkin, Filashkin, Lidia Kelly, Himani Sarkar Organizations: Reuters Locations: Russia, Selydove, Ukraine's, Donetsk, Ukraine, Russian, Melbourne

☆ Analysis-For Malaysian Filmmakers, Censorship Stifles Optimism After Overseas Glory
▼ + stars: | 2024-02-08 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +5 min

"This is a very good time ... where people around the world are really looking into Malaysian filmmakers. "Mentega Terbang" follows a teenage Muslim girl exploring different religions while dealing with grief. Online platforms are not covered by film censorship rules in Malaysia. Khairi and others involved in "Mentega Terbang" even received death threats at the time, media reports show. CENSORSHIPUnder Malaysian law, films intended for public viewing must be approved by the Film Censorship Board.

Persons: Oscar, Michelle Yeoh, Khairi Anwar, Malaysia's, Khairi, Badrul Hisham Ismail, Pagi Ke, Anwar Ibrahim's, Anwar, Zabidi Mohamed, Amir Muhammad, Brenda Danker, Danial Azhar, Rozanna Latiff, Himani Sarkar Organizations: Azhar KUALA LUMPUR, Reuters, Cannes, Cannes Film, Malay, Academy, Malaysian, Film, YouTube Locations: Azhar KUALA, Malaysia, Malaysian, Viu, Terengganu, Malay

☆ India Interior Ministry Recommends Suspending Free Movement With Myanmar
▼ + stars: | 2024-02-08 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

NEW DELHI (Reuters) - India's interior ministry has recommended the immediate suspension of its free movement regime with Myanmar, Interior Minister Amit Shah said on Thursday. The free movement regime allows people from both countries to travel visa-free across borders for a few kilometres. Since a military coup in Myanmar in 2021, hundreds of civilians and troops have fled to Indian states where communities between the two countries share ethnic and familial ties. This has worried New Delhi because of risks of tensions spreading to India. (Reporting by Bansari Mayur Kamdar in New Delhi; Editing by Kim Coghill and Himani Sarkar)

Persons: Amit Shah, Bansari Mayur, Kim Coghill, Himani Sarkar Locations: DELHI, Myanmar, Indian, New Delhi, India

☆ Landslide in Southern Philippines Buries Two Buses, Injures 11
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

MANILA (Reuters) - A landslide triggered by heavy rains in a southern Philippine province buried two buses, injuring at least 11 people, disaster officials said on Wednesday. It was not immediately clear how many passengers were on board the buses. Those injured, including one in critical condition, were taken to a hospital, Maco town's disaster agency said in a Facebook post on Wednesday. The disaster agency also issued evacuation orders in five villages in Maco, located on the island of Mindanao. A northeast monsoon and a trough of low pressure has brought rains in southern Mindanao region from Jan. 28 to Feb. 2, resulting in deadly floods and landslides, data from the national disaster agency show.

Persons: Karen Lema, Himani Sarkar Organizations: Apex Mining Locations: MANILA, Philippine, Maco, Davao de Oro, Mindanao, Jan

☆ Japan's lunar startup ispace delays NASA-sponsored mission to 2026
▼ + stars: | 2023-09-28 | by ( Kantaro Komiya | Thomson Reuters | Kantaro Writes About Everything Japan'S Economic Indicators To North Korea'S Missiles To Global Regulation On Ai Companies. His Previous Stories Have Been Published In The Associated Press | ) www.reuters.com time to read: +2 min

TOKYO, Sept 28 (Reuters) - Japan's lunar transport startup ispace inc (9348.T) said on Thursday it would postpone a future moon landing mission by a year to 2026 to better prepare for a commission by U.S. agency NASA, as well as deal with component supply delays. Tokyo-based ispace attempted its first lunar landing with the Hakuto-R Mission 1 spacecraft in April, which failed due to an altitude miscalculation. The U.S. unit of ispace, which has partnered with spacecraft software developer Draper to build lunar landers, has also encountered procurement delays for some parts, Hakamada said. Mitsui Sumitomo Insurance Group, a MS&AD (8725.T) unit, paid 3.7 billion yen last month to ispace for Hakuto-R Mission 1's failure. The unsuccessful landing resulted in a steep sell-off, but the shares have since recovered, closing on Thursday at 1,401 yen.

Persons: ispace, Takeshi Hakamada, Draper, Hakamada, Kantaro Komiya, Himani Sarkar, Miral Organizations: U.S, NASA, Financial Times, Mitsui Sumitomo Insurance Group, Tokyo Stock Exchange, Thomson Locations: TOKYO, Tokyo, U.S

☆ Hollywood studios, actors on strike to resume talks next week
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +1 min

SAG-AFTRA actors and Writers Guild of America (WGA) writers walk the picket line outside Disney Studios in Burbank, California, U.S., July 25, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing RightsSept 27 (Reuters) - Hollywood studios and negotiators for Hollywood actors on strike will hold talks on Oct. 2, both side said in a joint statement on Wednesday, in the first such meeting in months. The SAG-AFTRA actors union, Hollywood's largest with 160,000 members, walked off the job in July asking for higher pay and for curbs on the use of artificial intelligence (AI) in entertainment, demands similar to Hollywood writers. Other demands from actors include limits on self-taped auditions used in casting, which they argue are more costly than in-person readings. They also want hair and makeup artists who can work with various hair textures and skin tones, to ensure equity for all performers.

Persons: Mike Blake, Walt Disney, AFTRA, Urvi, Himani Sarkar, Miral Organizations: Writers Guild of America, Disney Studios, REUTERS, Hollywood, SAG, Alliance, Television Producers, Walt, Netflix, Thomson Locations: Burbank , California, U.S, Bengaluru

☆ China appoints Lan Foan as new finance ministry party chief
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: 1 min

The sign of China's Ministry of Finance is pictured in Beijing, China August 23, 2018. REUTERS/Jason Lee/File Photo Acquire Licensing RightsBEIJING, Sept 28 (Reuters) - China's Communist Party has appointed Lan Foan as the new finance ministry party chief, the ministry said in a statement on Thursday. Lan will replace Liu Kun as the party chief of the finance ministry, the statement said. Lan, 61, was previously the party chief of the northern Chinese Shanxi province. Reporting by Albee Zhang and Ella Cao and Beijing newsroom; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Jason Lee, Lan Foan, Lan, Liu Kun, Liu, Albee Zhang, Ella Cao, Himani Sarkar Organizations: China's Ministry of Finance, REUTERS, Rights, China's Communist Party, Thomson Locations: Beijing, China, Rights BEIJING, Shanxi

SYDNEY, Sept 28 (Reuters) - Shares in Chinese hospital cloud software firm Neusoft Xikang (9686.HK) slumped nearly 35% in the company's Hong Kong trading debut on Thursday, as sentiment towards some new share sales remained weak. Neusoft Xikang opened down 22.4% and sold off sharply early in the Hong Kong trading session on Thursday. Separately, Chinese AI startup firm Beijing Fourth Paradigm (6682.HK) opened 13.4% higher at HK$63.10 per share in its Hong Kong trading debut on Thursday. Retail demand for Beijing Fourth Paradigm was considered stronger than usual with that tranche 11.4 times covered, according to its filings. ($1 = 7.8238 Hong Kong dollars)Reporting by Scott Murdoch in Sydney and Donny Kwok in Hong Kong; Editing by Himani Sarkar and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

Persons: Neusoft Xikang, Scott Murdoch, Donny Kwok, Himani Sarkar Organizations: HK, Investor, Hong Kong Stock Exchange, U.S, Commerce Department, Retail, Thomson Locations: Hong Kong, Beijing, Sydney, Lincoln

☆ China says aim of its drills near Taiwan is to combat 'arrogance' of separatists
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +4 min

Solider miniatures are seen in front of displayed Chinese and Taiwanese flags in this illustration taken, April 11, 2023. "The purpose is to resolutely combat the arrogance of Taiwan independence separatist forces and their actions to seek independence," Zhu said. "The provocation of Taiwan independence continues all day long, and the actions of the People's Liberation Army to defend national sovereignty and territorial integrity are always ongoing," she added. "I hope that the majority of Taiwanese compatriots will clearly distinguish between right and wrong, resolutely oppose Taiwan independence, and work with us to maintain peace and stability in the Taiwan Strait." Taiwan's defence ministry last week also took the unusual step of announcing it was monitoring Chinese drills in Fujian province, opposite Taiwan.

Persons: Dado Ruvic, Zhu Fenglian, Zhu, Li Shangfu, Taiwan's, Yimou Lee, Ben Blanchard, Himani Sarkar, Gerry Doyle Organizations: REUTERS, Rights, Taiwan Affairs, People's Liberation Army, Defence, Reuters, Democratic Progressive Party, Beijing, Thomson Locations: Rights BEIJING, Taiwan, Taipei, China, Shandong, Beijing, Fujian

☆ China's central bank to use 'precise, forceful' policy to bolster recovery
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +3 min

Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo Acquire Licensing RightsBEIJING, Sept 27 (Reuters) - China's central bank said on Wednesday it would step up policy adjustments and implement monetary policy in a "precise and forceful" manner to support an economy whose recovery was improving with "increasing momentum". The central bank will guide banks to lower borrowing costs for companies and households and support banks to replenish capital, it said. China will step up government investment and policy incentives to spur private investment and promote a recovery in prices from a low level, the central bank said. The central bank also pledged to promote the healthy and stable development of the property market, implementing policies to lower down payment ratios and mortgages rates for some home buyers.

Persons: Tingshu Wang, Kevin Yao, Himani Sarkar, Christian Schmollinger, Simon Cameron, Moore Organizations: People's Bank of China, REUTERS, Rights, Beijing, Thomson Locations: Beijing, China, Rights BEIJING, megacities

☆ China says it opposes US inclusion of Chinese entities in export control list
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: 1 min

China's and U.S.' flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsBEIJING, Sept 27 (Reuters) - China resolutely opposes the United States putting some Chinese entities into an export control list and imposing sanctions, the commerce ministry said on Wednesday. "The U.S. should immediately correct its wrongdoings and stop its unreasonable suppression of Chinese enterprises and individuals," the ministry added. Reporting by Beijing newsroom; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Himani Sarkar Organizations: REUTERS, Rights, United, Beijing, Thomson Locations: Rights BEIJING, China, United States, U.S

"I'm one of those folks," said Kashkari, who is considered one of the Fed's more hawkish policymakers. Kashkari said that if inflation cools next year as expected, the Fed will need to cut rates to keep policy from tightening too much. But he also said he has been surprised by how well consumer spending has held up despite the Fed's rate hikes so far. "Everybody on the Federal Open Market Committee is committed" to bringing inflation back down to the Fed's 2% target, he said. Inflation by the Fed's preferred measure was 3.3% in July.

Persons: Neel Kashkari, Mike Segar, Kashkari, Ann Saphir, Himani Sarkar, Muralikumar Organizations: Federal Reserve Bank of Minneapolis, Reuters, REUTERS, Minneapolis Federal Reserve Bank, Wharton School of Business, Fed, U.S, Federal, Thomson Locations: New York City , New York, U.S, Minneapolis

☆ Senate Republicans and Democrats near deal to help avoid govt shutdown - Bloomberg News
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: 1 min

A general view of the U.S. Capitol, where Congress will return Tuesday to deal with a series of spending bills before funding runs out and triggers a partial U.S. government shutdown, in Washington, U.S. September 25, 2023. REUTERS/Jonathan Ernst Acquire Licensing RightsSept 25 (Reuters) - U.S. Senate Republicans and Democrats are nearing an agreement on a short-term spending measure intended to avoid a US government shutdown on Oct. 1, Bloomberg reported on Monday, citing a person familiar with the talks. Legislation would prolong funding for four to six weeks, according to the unnamed person. Some hard-line Republicans in the House of Representatives, however, are vowing to withhold votes for a stopgap. Reporting by Costas Pitas; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Jonathan Ernst, Costas Pitas, Himani Sarkar Organizations: U.S . Capitol, REUTERS, U.S, Senate Republicans, Democrats, Bloomberg, Thomson Locations: Washington , U.S

☆ US FCC chair to seek reinstating net neutrality rules rescinded under Trump
▼ + stars: | 2023-09-26 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Alex Wong/Pool via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Sept 25 (Reuters) - U.S. Federal Communications Commission chair Jessica Rosenworcel plans to begin an effort to reinstate landmark net neutrality rules rescinded under then-President Donald Trump, sources briefed on the matter said Monday. The FCC is set to take an initial vote on the net neutrality proposal in October, the sources added. In July 2021, Biden signed an executive order encouraging the FCC to reinstate net neutrality rules adopted under Democratic then-President Barack Obama in 2015. Circuit Court of Appeals ruled 3-0 that the 2017 decision by the FCC to reverse federal net neutrality protections could not bar state action, rejecting a challenge from telecom and broad industry groups to block California's net neutrality law. Days after Biden took office, the U.S. Justice Department withdrew its Trump-era legal challenge to California's state net neutrality law.

Persons: Jessica Rosenworcel, Alex Wong, Donald Trump, Joe Biden, Anna Gomez, Biden, Barack Obama, Rosenworcel, David Shepardson, Himani Sarkar, Kim Coghill Organizations: U.S . Senate Commerce, Science, Transportation, Federal Communications Commission, Rights, . Federal Communications, FCC, Democratic, U.S, Circuit, Appeals, Industry, U.S . Justice Department, Trump, Thomson Locations: Washington , U.S

After voting closed on Monday, the SAG-AFTRA union said 98.32% of those who cast ballots had voted in favor of authorizing a strike. The writers union reached a preliminary labor agreement with major studios on Sunday. The SAG-AFTRA agreement covering video game performers expired last November and has been extended on a monthly basis as the union negotiated with major video game companies. In particular with AI, because right now there aren’t any protections,” Ashly Burch, “Horizon Zero Dawn” video game voice actor, told Reuters. The union will be negotiating with large video game companies, including Activision Blizzard (ATVI.O), Electronic Arts (EA.O), Epic Games, Formosa Interactive and others.

Persons: Mike Blake, ” Ashly Burch, Burch, AFTRA, “, Audrey Cooling, Danielle Broadway, Himani Sarkar, Michael Perry Organizations: REUTERS, SAG, Hollywood, Guild of America, Reuters, Activision, Electronic Arts, Epic, Formosa Interactive, Thomson Locations: Los Angeles , California, U.S, Hollywood

☆ China Says Aim of Its Drills Near Taiwan Is to Combat 'Arrogance' of Separatists
▼ + stars: | 2023-09-26 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

Taiwan, which China claims as its own territory, has said this month that it had observed dozens of fighters, drones, bombers and other aircraft, as well as warships and the Chinese aircraft carrier Shandong, operating nearby. The increased frequency of China's military activities has raised the risk of events "getting out of hand" and sparking an accidental clash, the island's defence minister said on Saturday. "The purpose is to resolutely combat the arrogance of Taiwan independence separatist forces and their actions to seek independence," Zhu said. "The provocation of Taiwan independence continues all day long, and the actions of the People's Liberation Army to defend national sovereignty and territorial integrity are always ongoing," she added. "I hope that the majority of Taiwanese compatriots will clearly distinguish between right and wrong, resolutely oppose Taiwan independence, and work with us to maintain peace and stability in the Taiwan Strait."

Persons: Zhu Fenglian, Zhu, Taiwan's, Ben Blanchard, Himani Sarkar, Gerry Doyle Organizations: Taiwan Affairs, People's Liberation Army, Democratic Progressive Party, Beijing Locations: BEIJING, Taiwan, Taipei, China, Shandong, Beijing

[1/3] Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. The 30-year bond was last up 11.8 basis points to yield 4.6397%, from 4.522%. The 2-year note was last was down 0.9 basis points to yield 5.1141%, from 5.123%. In currencies, the dollar index rose 0.455%, with the euro down 0.69% to $1.0578.Sterling was last trading at $1.22, down 0.31% on the day. In energy markets, oil prices edged lower in choppy trade on Monday as Russia relaxed its fuel ban, after earlier gains on a tighter supply outlook, while investors eyed elevated interest rates that could curb demand.

Persons: Brendan McDermid, Powell, Austan Goolsbee, Mona Mahajan, Edward Jones, Mahajan, Sterling, Kazuo Ueda, Brent, Sinéad Carew, Amanda Cooper, Stella Qiu, Himani Sarkar, Jacqueline Wong, Miral Fahmy, Mark Heinrich, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, U.S . Federal Reserve, Chicago Fed, Dow Jones, Nasdaq, Bank of Japan, Thomson Locations: New York City, U.S, Russia, New York, London

Some users and analysts who bought the Mate 60 Pro say it uses a Chinese-made chip and is capable of 5G speeds. We are working overtime urgently to manufacture more so that more people can buy our products," Yu said. [1/4]People check a Huawei Mate 60 smartphone displayed at a Huawei flagship store in Beijing, China September 25, 2023. Huawei updated its official website after the event to add prices for its Mate 60 Pro+, which will start from 8,999 yuan ($1,230), and the Mate 60 RS Ultimate Design version, which is priced from 12,999 yuan. One shopper in the Beijing store, 29-year-old engineer Zhang Nianrong, said he saw the Mate 60 Pro as "carrying significance far beyond its value" and planned to buy it.

Persons: Gina Raimondo's, Apple's, Yu Chengdong, Yu, Maniler, Nelson Mandela, Florence Lo, Bryan Ma, Meng Wanzhou's, Washington . Meng, Ren Zhengfei, Zhang Nianrong, Yelin Mo, Brenda Goh, Sophie Yu, Himani Sarkar Organizations: Huawei Technologies, Huawei, U.S . Commerce, Weibo, REUTERS, IDC, Thomson Locations: BEIJING, SHANGHAI, China, Hong Kong, South Africa, Beijing, Iran, U.S, Washington

☆ Shares drop as 'higher-for-longer' rate outlook rattles investors
▼ + stars: | 2023-09-25 | by ( Amanda Cooper | ) www.reuters.com time to read: +5 min

[1/2] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 22, 2023. The MSCI All-World index (.MIWD00000PUS), which is heading for its worst monthly performance this year, with a 3.6% drop, was down 0.2% on the day. U.S. 10-year Treasury yields have nudged at 4.5% for the first time since October 2007, and on Monday were up 5 basis points at 4.491%, set for their largest monthly rise in a year, reflecting investor unease over the economic outlook. The dollar index got a boost from the rise in Treasury yields, rising 0.1% on the day. Brent crude futures rose 0.2% to $93.48 a barrel, while West Texas Intermediate rose 0.1% to $90.16.

Persons: Jerome Powell, Frederik Ducrozet, Ducrozet, Powell, Evergrande, Andrew Lilley, Kazuo Ueda, Stella Qiu, Himani Sarkar, Jacqueline Wong, Miral Fahmy, Mark Heinrich Our Organizations: REUTERS, Staff, Global, European Central Bank, Bank of England, Federal Reserve, Treasury, Pictet Wealth Management, Nasdaq, Barrenjoey, Bank of Japan, Brent, West Texas, Thomson Locations: Frankfurt, Germany, U.S, Europe, CHINA

☆ Asian shares slip after brutal central bank week, yen in focus
▼ + stars: | 2023-09-25 | by ( Stella Qiu | ) www.reuters.com time to read: +5 min

A passerby walks past an electric monitor displaying various countries' stock price index outside a bank in Tokyo, Japan, March 22, 2023. S&P 500 futures , however, rose 0.3% while Nasdaq futures gained 0.4%, after Hollywood's writers union reached a preliminary labor agreement with major studios. In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) dropped 0.5%, edging back to a 10-month low plumbed just last week. U.S. central bank officials will be out in force this week, starting with Minneapolis Fed President Neel Kashkari on Monday. Brent crude futures rose 0.6% to $93.79 per barrel.

Persons: Issei Kato, Kazuo Ueda, HSI, Louis Kuijs, Neel Kashkari, Andrew Lilley, Stella Qiu, Himani Sarkar, Jacqueline Wong Organizations: REUTERS, Bank of Japan, Nasdaq, Japan's Nikkei, Hengda, Estate Group Co, U.S, Minneapolis, European Central Bank, Brent, . West Texas, Thomson Locations: Tokyo, Japan, Europe SYDNEY, China, U.S, Europe, Asia, Pacific, firming, U.S . Federal

☆ Asian shares fall after brutal central bank week, yen under spotlight
▼ + stars: | 2023-09-25 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

A passerby walks past an electric monitor displaying various countries' stock price index outside a bank in Tokyo, Japan, March 22, 2023. The yen was jittery near the closely watched 150 per dollar level amid intervention fears, after the Bank of Japan made no change to its dovish monetary policy. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) dropped 0.6%, edging closer to a ten-month low plumbed just last week. Bruce Kasman, chief economist at JPMorgan, expects good news from U.S. and European inflation results this week, which should show low core inflation readings. The yen last traded at 148.41 per dollar, after hitting a fresh 10-month low of 148.49 earlier in the day.

Persons: Issei Kato, Kazuo Ueda, Hong, HSI, Louis Kuijs, Andrew Lilley, Bruce Kasman, Stella Qiu, Sonali Paul, Himani Organizations: REUTERS, Rights, Bank of Japan, Japan's Nikkei, U.S, JPMorgan, U.S ., Brent, . West Texas, Thomson Locations: Tokyo, Japan, China, U.S, Europe, Asia, Pacific, U.S . Federal

BEIJING/SHANGHAI, Sept 25 (Reuters) - Huawei Technologies (HWT.UL) kicked off a product launch event on Monday by thanking China for its support amid expectations the tech giant would later reveal more details on its latest Mate 60 smartphone series. Huawei launched the Mate 60 smartphone series last month with no pre-marketing events and has stayed mostly mum on its full capabilities. Users and analysts who bought the Mate 60 Pro said it had a Chinese-made chip and was capable of 5G speeds. He also said the company was working overtime and urgently manufacturing as many Mate 60 Pro smartphones as it could. While he did not discuss the Mate 60 smartphone series in detail, he announced the roll-out of a new ultra, high-end brand called 'Ultimate Design', whose products include a Mate 60 RS smartphone and a watch.

Persons: Yu Chengdong, Meng Wanzhou's, Washington . Meng, Ren Zhengfei, Yelin Mo, Brenda Goh, Himani Sarkar Organizations: Huawei Technologies, Huawei, Thomson Locations: BEIJING, SHANGHAI, China, Iran, U.S, Beijing, Washington

☆ China could do 'a lot' to reduce EU perception of risk - EU trade chief
▼ + stars: | 2023-09-25 | by ( ) www.reuters.com time to read: +3 min

BEIJING, Sept 25 (Reuters) - The European Union has no intention of cutting ties with China even as the bloc takes steps to lower economic dependencies and de-risk, but China "could do a lot" to help reduce the perception of risk, the EU trade chief said on Monday. The EU has long complained about a lack of level playing field in China and the politicisation of the business environment. Europe's economic ties with China are deep, but China "could do a lot to help reduce our perception of risk," Trade Commissioner Valdis Dombrovskis said in a speech delivered at the Tsinghua University in Beijing. Dombrovskis is expected to share his concerns with Chinese Vice Premier He Lifeng at a high-level economic and trade dialogue in Beijing on Monday. The EU's trade deficit with China widened to $276.6 billion in 2022 from $208.4 billion a year earlier, Chinese customs data show.

Persons: Valdis Dombrovskis, Dombrovskis, Ryan Woo, Bernard Orr, Yew, Himani Sarkar, Jacqueline Wong Organizations: European Union, EU, Tsinghua University, European Commission, Global Times, Thomson Locations: BEIJING, China, Moscow, Ukraine, Beijing, Europe, EU

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