Stocks tumble, dollar soars and bonds plunge as recession fears grow

Dow poised to confirm bear market MSCI All-World index hits 2-year low Dollar reaches new two-decade high Sterling and gilts sell off after UK ‘mini-budget’ NEW YORK/LONDON, Sept 23 (Reuters) – US and European stocks tumbled on Friday, the dollar scaled a 22-year high and bonds sold off again as fears grew that a central … Read more

Blinken tells China’s Wang peace in Taiwan Strait is vital

Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – US Secretary of State Antony Blinken told his Chinese counterpart on Friday that the maintenance of peace and stability over Taiwan was vitally important, as the two met with high tensions over the Chinese-claimed island. Taiwan was the focus of … Read more

Chinese warplanes buzz line dividing Taiwan Strait before expected Pelosi visit – source

A newspaper front page reporting about US House of Representatives Speaker Nancy Pelosi is pictured in Taipei, Taiwan, August 2, 2022. REUTERS/Ann Wang Register now for FREE unlimited access to Reuters.com Register TAIPEI, Aug 2 (Reuters) – US House of Representatives Speaker Nancy Pelosi was expected to arrive in Taipei later on Tuesday, people briefed … Read more

Biden begins fifth call with China’s Xi, looking to tamp down Taiwan tension

WASHINGTON, July 28 (Reuters) – US President Joe Biden and China’s Xi Jinping began their fifth call as leaders on Thursday, as concerns mounted over a possible visit to Chinese-claimed Taiwan by US House Speaker Nancy Pelosi. The White House said the call began at 8:33 am (1233 GMT) and US officials said it would … Read more

Japan bids dark farewell to slain Shinzo Abe, its longest-serving premier

Thousands queue to pay respects to Abe at temple, party HQ Crowds pack pavements in Tokyo, bow and pray as hearse passes Mourners speak of lost sense of security, sadness Memorial ceremonies to be held at later date TOKYO, July 12 (Reuters) – With prayers, flowers and flags draped in black ribbons, Japan on Tuesday … Read more

Taiwan slams ‘provocative’ China for sending fighters across Taiwan Strait

Chinese and Taiwanese printed flags are seen in this illustration taken, April 28, 2022. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register Taiwan: Chinese fighters crossed Taiwan Strait median line Median line serves as an unofficial buffer between the two China says it carried out combat exercises near … Read more

Vatican envoy in Hong Kong warns Catholic missions to prepare for China crackdown

HONG KONG, July 5 (Reuters) – Monsignor Javier Herrera-Corona, the Vatican’s unofficial representative in Hong Kong, delivered a stark message to the said 50-odd Catholic missions before finishing his six-year posting in March: the freedoms they had enjoyed for decades were over. In four meetings held over several months, starting in October last year, the … Read more

‘Systemic challenge’ or worse? NATO members wrangle over how to treat China

Workers paste the posters announcing the NATO Summit outside the Madrid Fair before a NATO summit in Madrid, Spain June 27, 2022. REUTERS / Juan Medina Register now for FREE unlimited access to Reuters.com Register First new NATO strategy brief in decade to cite China US, UK want tough wording; France, Germany more cautious Both … Read more

Emergency ECB meeting lifts Europe, Fed ready to go big

News of emergency ECB meeting sends Italian markets soaring Market almost fully priced for Fed to hike 75 bps Euro rally knocks dollar off 20-yr peak, US yields off decade top China economic data slightly beat forecasts, still weak LONDON / SYDNEY, June 15 (Reuters) – European markets rallied on Wednesday on news the European … Read more

China becoming more ‘coercive and aggressive’ – US defense chief

SINGAPORE, June 11 (Reuters) – The United States will do its part to manage tensions with China and prevent conflict even though Beijing is becoming increasingly aggressive in the Asian region, including near Taiwan, US Defense Secretary Lloyd Austin said on Saturday. Relations between China and the United States have been tense in recent months, … Read more