Russia controls the Sakhalin gas project and raises risks with the West

Putin signed a decree to secure all rights on Thursday The five-page decree comes on the heels of toughening Western sanctions This move raises risks for Western companies still in Russia Shell is already in talks to sell Sakhalin’s stake TOKYO/LONDON (Reuters) – President Vladimir Putin raised the stakes in an economic war with the … Read more

China’s oil imports from Russia may rise to a record high, overtaking Saudi Arabia’s largest oil supplier

Oil and gas tanks at an oil depot in the port of Zhuhai, China, October 22, 2018. (Reuters) / Ali Song Register now to get free unlimited access to Reuters.com Register Russia overtakes Saudi Arabia as the largest supplier after a gap of 19 months Russia imports nearly two million barrels per day in May … Read more

Swiss sudden rate hike worries markets; Holds the Bank of Japan

Pedestrians reflect in a window in front of a board showing stock prices on the Australian Stock Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Register now to get free unlimited access to Reuters.com Register The Swiss National Bank raises 50 basis points, the franc rises and the dollar falls Stock markets … Read more

In the “miracle” city of Shenzhen, concerns about China’s economic future

SHENZHEN, China, June 13 (Reuters) – (This story was rewritten on June 12 to make it clear where in the penultimate paragraph) David Fong made his way from a poor village in central China to the booming southern city of Shenzhen as a young man in 1997. Over the next twenty-five years, he worked for … Read more

Global stocks near new lows in 2022 amid inflation fears

LONDON (Reuters) – Global stocks plunged towards 2022 lows and the Japanese yen fell to levels not seen in nearly a quarter of a century on Monday as sweltering inflation in the United States fueled fears of a more aggressive policy tightening in a large region. Central Bank Week. The significantly higher-than-expected US CPI reading … Read more

The US and China are likely to trade strikes at the Asian Security Meeting

SINGAPORE (Reuters) – The United States and China are expected to use Asia’s largest security meeting this week to trade blows on everything from Taiwan sovereignty to the war in Ukraine, although the two sides have signaled a willingness to discuss managing differences. The Shangri-La Dialogue, which attracts senior military officials, diplomats and arms makers … Read more

Stocks Gain as Sentiment Improves, Raw at $120

Countdown to a group of central bank meetings Euro rises ahead of Thursday’s European Central Bank meeting Friday’s US CPI will test thinking about Fed increases Oil companies after Saudi Arabia raise prices NEW YORK (Reuters) – Global stock markets rose on Monday on signs of easing the restrictions imposed on China over the COVID-19 … Read more

A little delight for Russian beer lovers with bite penalties

June 6 (Reuters) – “Sorry, that was our last bottle of Czech beer,” said a waiter at a restaurant in central Moscow, a month after Russia sent troops into Ukraine and the West imposed sweeping sanctions. More than 100 days after what Russia calls a special military operation in Ukraine, foreign alcoholic beverages are still … Read more

Chinese astronauts blast off to space station as construction goes into high gear

The Chinese space station is expected to be built by the end of 2022 Shenzhou-14 astronauts to supervise the arrival of the last two modules A space station to celebrate the permanent Chinese population in space BEIJING (Reuters) – China sent three astronauts on Sunday on a six-month mission to oversee a pivotal period for … Read more

Hard to believe this is actually happening: Shanghai lifts COVID lockdown

Shanghai removes lockout fences and police tape Lockdown is due to expire at midnight in two months Many are worried about COVID, the risks of being shut down again SHANGHAI (Reuters) – Shanghai authorities on Tuesday began dismantling fences around apartment complexes and tearing police tape off of squares and public buildings before lifting a … Read more