China mourns former leader Jiang Zemin with bouquets, black front pages

China mourns former leader Jiang Zemin with bouquets, black front pages

BEIJING/SHANGHAI, Dec 1 (Reuters) – Chinese newspapers turned their front pages black on Thursday and flags were put at half mast in mourning for the death of former president Jiang Zemin, while well-wishers ugly piles of bouquets outside his childhood home. Jiang died in his home city of Shanghai just after noon on Wednesday of … Read more

China softens tone on COVID severity after protests

China softens tone on COVID severity after protests

BEIJING, Dec 1 (Reuters) – China is softening its tone on the severity of COVID-19 and easing some coronavirus restrictions even as its daily case toll hovers near record highs, after anger over the world’s toughest curbs fueled protests across the country. Several cities in the world’s second-largest economy, while still reporting new infections, are … Read more

COVID protests escalate in Guangzhou as China lockdown anger boils

COVID protests escalate in Guangzhou as China lockdown anger boils

SHANGHAI/BEIJING, Nov 30 (Reuters) – People in the Chinese manufacturing hub of Guangzhou clashed with white hazmat-suited riot police on Tuesday night, videos on social media showed, as frustration with stringent COVID-19 rules boiled over, three years into the pandemic. The clashes in the southern city marked an escalation from protests in the commercial hub … Read more

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

HSBC eyes bumper dividend from $10 bln sale of Canada unit to RBC

Deal comes amid pressure from Chinese shareholder Analysts hail ‘sensitive’ transaction Bank could return deal proceeds to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its business in Canada to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion) in cash, paving the way for a potential bumper payout … Read more

Stocks and oil rise on hopes of looser COVID curbs in China

Stocks and oil rise on hopes of looser COVID curbs in China

Euro STOXX 600 up 0.4% Oil prices rebound on China hopes, talk of output cuts Dollar falls as investors seek riskier assets China property shares rally on policy support http://tmsnrt.rs/2yaDPgn LONDON/SYDNEY, Nov 29 (Reuters) – Stocks and oil gained on Tuesday on hopes that public unrest in China might prompt an earlier loosening of COVID-19 … Read more

Chinese authorities seek out COVID protesters

Chinese authorities seek out COVID protesters

BEIJING, Nov 29 (Reuters) – Chinese authorities have begun inquiries into some of the people who gathered at weekend protests against COVID-19 curbs, three people who were at the Beijing demonstrations told Reuters, as police remained out in numbers on the city’s streets . In one case, a caller identifying as a police officer in … Read more

Wall Street ends down sharply, hit by Apple and China worries

Wall Street ends down sharply, hit by Apple and China worries

Cyber ​​Monday spending to hit $11.6 bln – report Crypto shares fall on BlockFi bankruptcy filing Biogen down after death in Alzheimer drug trial Indexes end: S&P 500 -1.54%, Nasdaq -1.58%, Dow -1.45% Nov 28 (Reuters) – US stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked … Read more

China tightens security after rare protests against COVID curbs

China tightens security after rare protests against COVID curbs

Shanghai, Beijing police make presence visible on streets No sign of new protests in Beijing, Shanghai on Monday Backlash is a setback for efforts to stamp out virus News of the protests roils global markets SHANGHAI/BEIJING, Nov 28 (Reuters) – Police on Monday patrolled the scenes of weekend protests in Shanghai and Beijing after crowds … Read more

Stocks tumble as China’s COVID protests roil sentiment

Stocks tumble as China's COVID protests roil sentiment

SYDNEY, Nov 28 (Reuters) – Stocks and commodities prices slid sharply on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs raised investors’ concerns about the growth implications for the world’s second-largest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was down 1.5% having slumped 2.2% at the … Read more

Protests in Shanghai and Beijing as anger over China’s COVID curbs mounts

Protests in Shanghai and Beijing as anger over China's COVID curbs mounts

SHANGHAI/BEIJING, Nov 27 (Reuters) – Protests in China against heavy COVID-19 curbs spread to Shanghai on Sunday, with demonstrators also gathering at one of Beijing’s most prestigious universities after a deadly fire in the country’s far west sparked widespread anger. The wave of civil disobedience, which has included protests in Urumqi where the fire occurred … Read more