Focusing on China, Biden pledged $150 million to ASEAN leaders

WASHINGTON (Reuters) – U.S. President Joe Biden opened a meeting of Southeast Asian leaders and promised to spend $150 million on their infrastructure, security, pandemic preparedness and other efforts aimed at countering the influence of rival China. Biden, on Thursday, kicked off a two-day summit with the 10-nation Association of Southeast Asian Nations (ASEAN) in … Read more

Global stocks bounce off 18-month lows, but markets watch for recession

S&P futures rise 1.13%, European shares rise 0.96% MSCI Asia excluding Japan +1.8%, Nikkei +2.64% Concerns about inflation, policy tightening persist Dollar hovers near 20-year highs on safe haven demand LONDON/SHANGHAI (Reuters) – Global stocks rose from the previous day’s 18-month lows and the dollar pulled back from a 20-year high on Friday, although investors … Read more

Ukraine says it damaged a Russian ship and is seeking to evacuate injured Mariupol fighters

Ukraine says it damaged a Russian supply ship in the Black Sea Relatives of Mariupol fighters beg for their rescue Finland wants security after Russia’s invasion of Ukraine Sweden expected to follow suit in trying to join the alliance KHARKIV, Ukraine (Reuters) – Ukraine said it had damaged a Russian navy logistics ship near Snake … Read more

North Korea announces first death from COVID-19 as fever spreads explosively

SEOUL (Reuters) – At least one person confirmed to have COVID-19 has died in North Korea and hundreds of thousands have developed symptoms of fever, state media said on Friday, providing hints about the potentially dangerous scale of the spread of the country’s first confirmed case. epidemic. The data is an unprecedented acknowledgment of an … Read more

Sri Lanka appoints new prime minister in bid to tackle growing crisis

Wickremesinghe has held this position five times before The island nation is in dire need of liquidity, in talks with the International Monetary Fund The protests turned bloody this week before they subsided COLOMBO (Reuters) – Sri Lanka appointed a new prime minister on Thursday as its embattled leader seeks a way out of the … Read more

Gas supply crisis in Europe worsens after Russia imposes sanctions

Russia imposes sanctions on European companies affiliated with Gazprom The Polish operator of the Yamal-Europe division was also affected Germany loses 10 million cubic meters per day of gas supply Dutch gas prices closed 12% higher BERLIN (Reuters) – Pressure on Europe to secure alternative gas supplies increased on Thursday as Moscow imposed sanctions on … Read more

North Korea reports COVID cases, launches 3 ballistic missile tests

SEOUL (Reuters) – South Korea and Japan said North Korea fired three ballistic missiles toward the sea off its east coast on Thursday in its latest tests aimed at advancing its weapons programs even as it reported an outbreak of the COVID-19 disease. for the first time. Three short-range ballistic missiles were launched at about … Read more

Stocks in decline, dollar rises as fears of a hard landing escalate

A broker interacts while trading on his computer at a stockbroking firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now to get free unlimited access to Reuters.com Register Global stocks fell to their lowest level in a year and a half, down nearly 20% year-to-date Europe drops more than 2% struggling US stock … Read more

NATO welcomes Nordic members as Ukraine pushes Russian forces back

Finland expected to announce its attempt to join NATO Ukraine stops the main route for transporting Russian gas to Europe Russia imposes sanctions on Gazprom units in Europe and the United States Ukrainian forces seek to cut Russian supply lines on the battlefield Kyiv/BRUSSELS (Reuters) – Finland is expected to announce on Thursday its intention … Read more

Stocks churned, they are closed; Yields fall after US inflation data

NEW YORK (Reuters) – Wall Street closed sharply lower and Treasury yields fell in a volatile session on Wednesday, as oil prices soared and investors worried about a possible economic slowdown. US stock indices were swinging up and down during the session as investors chose US inflation data for clues about the path of the … Read more