Most Chinese developers' shares fall despite latest support measures
HONG KONG (Reuters) - Shares of most major Chinese developers fell on Monday even after China announced "historic" steps to stabilise its crisis-hit property sector. Hong Kong's Hang Seng Mainland Properties Index dropped more than 2%, having gaine...
7m ago
India begins voting in fifth phase as Mumbai, Gandhi family boroughs head to polls
By Sudipto Ganguly and Shilpa Jamkhandikar MUMBAI (Reuters) - India began voting in the fifth phase of its mammoth general elections on Monday, with seats in the financial capital Mumbai and the opposition's Gandhi family bastions set to be sealed ...
7m ago
China commerce ministry bans some US firms from import, export activities
BEIJING (Reuters) - China's Commerce Ministry said on Monday that it will prohibit some U.S. firms from importing and exporting activities related to China, including one selling arms to Taiwan, and forbid them from making new investments in China....
8m ago
Australia, NZ unable to send evacuation flights to New Caledonia
By Kirsty Needham SYDNEY (Reuters) - A thousand police arrived in New Caledonia from France and street clashes had calmed, the French High Commission said on Monday, but Australia and New Zealand were unable to send in evacuation flights for touris...
44m ago
Oil prices climb amid uncertainty over Iran president's fate
By Colleen Howe BEIJING (Reuters) - Oil prices rose in early Asian trading on Monday, adding to last week's gains as rescuers searched for Iran's president after a helicopter crash in the oil-producing nation and after the U.S. bought crude to help...
54m ago
China leaves benchmark LPRs unchanged, in line with expectations
SHANGHAI/SINGAPORE (Reuters) - China left benchmark lending rates unchanged at a monthly fixing on Monday, in line with market expectations. WHY IT'S IMPORTANT The steady monthly LPR fixings come after China announced "historic" steps last week to ...
55m ago
Elliott builds $1 billion-plus stake in Johnson Controls, Bloomberg reports
(Reuters) - Activist investor Elliott Investment Management has built a position worth over $1 billion in Johnson Controls International Plc, Bloomberg News reported on Sunday. The Bloomberg report also said that Elliott's intentions behind the sta...
56m ago
Golf-DeChambeau empties tank but comes up short at PGA Championship
(Reuters) - Bryson DeChambeau delivered an incredible show during the final round of the PGA Championship on Sunday and while he came up short he left Valhalla Golf Club in Louisville, Kentucky, confident he will get another shot at major glory. De...
1h ago
Asia shares touch two-year top as China plans property boost
By Tom Westbrook SINGAPORE (Reuters) - Asian shares started the week by rallying two-year highs on Monday, buoyed by China's strongest measures yet to address its property crisis and by expectations for global rate cuts within weeks, while the doll...
1h ago
Suspect in Malaysia police attack acted alone, not linked to militant group, report says
KUALA LUMPUR (Reuters) - The suspect in an attack on a Malaysian police station that killed two officers last week acted alone and was not part of any militant group, state news agency Bernama reported, citing the country's top police official. Aut...
1h ago