Record rain kills at least 8 in South Korean capital

Record rain kills at least 8 in South Korean capital

SEOUL, Aug 9 (Reuters) – At least eight people have died in and around Seoul overnight, South Korean authorities said on Tuesday, after torrential rains knocked out power, caused landslides and left roads and subways submerged. The southern part of the nation’s capital received more than 100 mm (3.9 inches) of rain per hour Monday … Read more

Tesla’s July sales of Chinese-made vehicles fall due to factory line upgrades

Tesla’s July sales of Chinese-made vehicles fall due to factory line upgrades

Chinese-made Tesla Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo Join now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug 9 (Reuters) – Tesla (TSLA.O) sold 28,217 Chinese-made vehicles in July, nearly two-thirds less than a month earlier, as a planned … Read more

Cryptoverse: blockchain bridges fall into troubled waters

Cryptoverse: blockchain bridges fall into troubled waters

Representations of the cryptocurrencies Bitcoin, Ethereum and Dash dip in water in this illustration taken May 23, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Another day, another hack – and another blockchain bridge burned. When thieves stole around $190 million from US crypto firm Nomad last … Read more

Myanmar’s ambassador to China died on Sunday

Myanmar’s ambassador to China died on Sunday

A man walks past a paramilitary policeman who watches outside the Myanmar Embassy in Beijing, China August 8, 2022. REUTERS/Carlos Garcia Rawlins Join now for FREE unlimited access to Reuters.com Register BEIJING, Aug 8 (Reuters) – Myanmar’s ambassador to China died suddenly in the southwest Chinese city of Kunming on Sunday, according to an obituary … Read more

Chile will seek ‘consequences’ for sinkhole near copper mine

Chile will seek ‘consequences’ for sinkhole near copper mine

SANTIAGO, Aug. 8 – Chile will seek to impose tough sanctions on those responsible for a massive sinkhole near a copper mine in the north of the country, the mines minister said on Monday. The mysterious 36.5-meter-diameter hole that emerged at the end of July sparked the mobilization of local authorities and led the mining … Read more

Biden says he’s concerned about China’s moves around Taiwan

Biden says he’s concerned about China’s moves around Taiwan

US President Joe Biden talks to reporters as he boards Air Force One on a trip to eastern Kentucky to visit families affected by the devastation of recent flooding, as he departs Delaware Air National Guard Base in New Castle, Delaware, U.S., August 8, 2022. REUTERS/K√©vin Lamarque Join now for FREE unlimited access to Reuters.com … Read more

Bridgewater fends off Chinese ‘All Weather’ copycats

Bridgewater fends off Chinese ‘All Weather’ copycats

SHANGHAI/NEW YORK, Aug 8 (Reuters) – Billionaire hedge fund manager Ray Dalio’s huge popularity in China has not only attracted local investors to his funds, but also spawned local challengers using his strategy and brand.” All Weather” to try and beat him at his own game. Now the Connecticut-based hedge fund giant he founded, Bridgewater … Read more

Global stocks rebound after US jobs sold

Global stocks rebound after US jobs sold

Euro STOXX gains 0.8% Wall Street should win Markets cut odds of 75 basis point hike ahead of US CPI The dollar is falling Oil recovers its first losses and tries to rally LONDON/SYDNEY, Aug 8 (Reuters) – Stocks gained ground on Monday, regaining their footing after a strong U.S. jobs report last week bolstered … Read more

China announces new military exercises around Taiwan

China announces new military exercises around Taiwan

TAIPEI, Aug 8 (Reuters) – China’s military announced new military drills in the seas and airspace around Taiwan on Monday – a day after the scheduled end of its biggest-ever drills to protest China’s visit to China. last week in Taipei by US President Nancy Pelosi. China’s Eastern Theater Command said it would conduct joint … Read more

COVID lockdown turns China’s tourist hotspot Sanya into a nightmare for stranded tourists

COVID lockdown turns China’s tourist hotspot Sanya into a nightmare for stranded tourists

BEIJING/SHANGHAI, Aug 7 (Reuters) – When Chinese businesswoman Yang Jing was planning this year’s summer vacation in 2021, she chose the tropical southern island of Hainan because of its near-perfect COVID history . The South China Sea island has recorded only two symptomatic positive cases of COVID-19 in the past year. Fast forward to this … Read more