By Peter Hobson LONDON (Reuters) – The world’s most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the mainstream market if they fail to meet regulatory standards, a letter seen by Reuters showed. In the letter dated Nov. 6 addressed to countries with large gold markets, […]
By Farah Master, Chen Lin HONG KONG/ SINGAPORE (Reuters) – A travel bubble between Hong Kong and Singapore will begin on Nov. 22, the two cities announced on Wednesday, as they moved to re-establish overseas travel links and lift the hurdle of quarantine for visiting foreigners. Hong Kong’s Commerce Secretary and Singapore’s Transport Minister said the […]
Global markets have rallied in response to Saturday’s declaration that Joe Biden has won the US election. The end of uncertainty about the race’s outcome saw London’s FTSE 100 rise 1.5% to 5,994.58 points in early trade, with similar gains seen across Europe. Asian shares also jumped, with Japan’s Nikkei 225 climbing 2.1% to 24,839.84 […]
By Hilary George-Parkin9th November 2020 There are countless products to buy, but only some hit a vaulted status of ‘must have’. What propels a single item into being a sensation? E Early one rainy morning in June, hundreds of people lined up outside Uniqlo stores in Tokyo, clutching umbrellas and waiting for their chance to spend 990 […]
By David Lawder WASHINGTON (Reuters) – President-elect Joe Biden has pledged to work more closely with U.S. allies in confronting China on trade, and is seen as unlikely to roll back his predecessor’s tariffs on imported steel, aluminum, Chinese and European goods any time soon. “I’ve been told that if you close your eyes, you […]
By Lewis Krauskopf, Koh Gui Qing NEW YORK (Reuters) – Markets will welcome the certainty after major networks declared Democrat Joe Biden winner of the U.S. presidential election on Saturday, offering some relief after days of the country getting conflicting reports about who might be in the White House next term. News outlets and polling outlets […]
By Reuters Staff NEW DELHI (Reuters) – Future Retail has challenged its partner Amazon.com Inc in a New Delhi court to stop interfering in its $3.4 billion asset sale deal, the Indian company said in a statement on Saturday. Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail […]
By Sagarika Jaisinghani (Reuters) – U.S. stock index futures slipped on Friday after a sharp rally pushed the S&P 500 up more than 7% this week, with investors betting on a divided Congress that would prevent any major industry policy changes and threaten corporate profits. The outcome of the election remained undecided, but Democrat Joe Biden […]
Coronavirus pandemic People who commit “egregious breaches” of the new lockdown restrictions in England will face steep fines, Justice Secretary Robert Buckland has warned. Under the rules, people have been told to stay at home and non-essential shops, pubs and gyms ordered to close. Households are also banned from mixing indoors or in private gardens, unless […]
Indonesia has fallen into its first recession in 22 years as the coronavirus pandemic continues to take it toll. South East Asia’s biggest economy saw growth fall 3.49% in the third quarter of the year, compared to the same period in 2019. Following a fall of 5.32% in the second quarter of 2020, this has […]
