Asia

Dollar nears 3-mth low, shares climb after Fed tests the brakes

LONDON, Nov 24 (Reuters) – Shares hit a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve signals of smaller interest rate rises from next month were followed by the message from Frankfurt that the ECB will plough on. With Wall Street shut for Thanksgiving, it was up to …

Dollar nears 3-mth low, shares climb after Fed tests the brakes Read More »

James Cameron’s new ‘Avatar’ movie gets rare China release

The long-awaited sequel to director James Cameron’s blockbuster “Avatar” will be released in mainland Chinese cinemas on Dec. 16, 20th Century Studios said on Wednesday. “Avatar: The Way of Water” will be released in China on the same day as its global release, the studio said on its official Weibo account. It becomes one of …

James Cameron’s new ‘Avatar’ movie gets rare China release Read More »

Foxconn apologises for pay-related error at China iPhone plant after worker unrest

Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over pay, conditions Apple says it has team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday a pay-related “technical error” occurred when hiring new recruits at a COVID-hit iPhone factory in China …

Foxconn apologises for pay-related error at China iPhone plant after worker unrest Read More »

Foxconn protests: iPhone factory offers to pay its workers to quit and leave Zhengzhou campus

Hong Kong CNN Business — Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the world’s largest iPhone assembly factory, in an attempt to quell protests that saw hundreds clash with security forces at the compound in central China. The Apple supplier made the offer Wednesday following dramatic scenes …

Foxconn protests: iPhone factory offers to pay its workers to quit and leave Zhengzhou campus Read More »

Germany vs. Japan: German players cover mouths in protest against FIFA clampdown on free speech in ‘OneLove’ armband row

CNN — It was a moment so brief that the thousands of fans inside the Khalifa International Stadium on Wednesday could easily have missed it. But a moment, the time it took for the photographers amassed in front of Germany’s World Cup team to snap a picture, was all it needed for the four-time winners …

Germany vs. Japan: German players cover mouths in protest against FIFA clampdown on free speech in ‘OneLove’ armband row Read More »

EU split on Russian oil price cap level, talks to resume Thursday

BRSELS, Nov 23 (Reuters) – European UnionUS failed to reach a deal on Wednesday at what level to cap prices for Russian sea-borne oil under the Group of Seven nations (G7) scheme and will resume talks on Thursday evening or on Friday , EU diplomats said. Earlier on Thursday of the EU’s 27 met in …

EU split on Russian oil price cap level, talks to resume Thursday Read More »

Russia revives Soviet-era Moskvich brand with Chinese model

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 23 (Reuters) – After a two-decade hiatus, Russia on Wednesday launched production of the Moskvich car brand at a plant near Moscow given up by the French carmaker Renault, with a new, modern Chinese design that …

Russia revives Soviet-era Moskvich brand with Chinese model Read More »

China zero-Covid: Workers at Zhengzhou iPhone factory clash with police, videos show

Beijing/Hong Kong CNN Business — Workers at China’s largest iPhone assembly factory were seen confronting police, some in riot gear, on Wednesday, according to videos shared over social media. The videos show hundreds of workers facing off with law enforcement officers, many in white hazmat suits, on the Foxconn campus in the central Chinese city …

China zero-Covid: Workers at Zhengzhou iPhone factory clash with police, videos show Read More »

Investors batten down ahead of Fed minutes, Eurozone recession fears grow

Fed minutes awaited US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Eurozone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares were little changed on Wednesday as investors kept their eyes peeled for the minutes of a Federal Reserve meeting that could …

Investors batten down ahead of Fed minutes, Eurozone recession fears grow Read More »

Group’s E and F get underway with Belgium, Germany and Spain in action

CNN — Some of soccer’s biggest names – notably Croatia’s Luka Modrić and Kevin De Bruyne of Belgium – will begin their World Cup campaigns on Wednesday, while the decades-long wait is nearly over for Canada fans as their team makes its tournament bow for the first time in 36 years. We’ve already seen some …

Group’s E and F get underway with Belgium, Germany and Spain in action Read More »