GLOBAL MARKETS-Asian tech stocks rise; Chinese real estate stocks rebound on Evergrande payment

* Tech stocks follow US competitors higher on FAANG’s earnings optimism * Evergrande is supposed to avert default in payment after surprising interest payments * Energy stocks plunge as markets adjust for higher inflation TOKYO, Oct. 22 (Reuters) – Tech stocks rose in Asia on Friday after US competitors rose, while Chinese real estate stocks … Read more

Huawei, SMIC Suppliers Received Billions’ Value of Licenses for US Goods Documents

WASHINGTON, Oct. 21 (Reuters) – Suppliers to Chinese telecommunications giant Huawei and China’s leading chipmaker SMIC were granted billions of dollars in licenses from November to April to sell them goods and technology despite being blacklisted for U.S. trade stand, as Reuters-viewed documents showed on Thursday. According to the documents, 113 export licenses worth $ … Read more

Pfizer, BioNTech says the COVID-19 booster shot showed significant performance in a large study

Pfizer, BioNTech says the COVID-19 booster shot showed significant performance in a large study

A woman holding a bottle labeled “Coronavirus COVID-19 Vaccine” injected with a medical syringe in front of the Pfizer sign shown in this photo taken October 30, 2020. REUTERS / Dado Ruvic BERLIN, Oct 21 (Reuters) – An outbreak of the drug COVID-19 drug developed by Pfizer Inc (PFE.N) and German partner BioNTech SE (22UAy.DE) … Read more

North Korea accuses US and UN ‘bombing time bomb’

North Korea accuses US and UN 'bombing time bomb'

Pyongyang says it has successfully tried a new ballistic missile from the ocean floor on Tuesday, following months of conflict on the Korean Peninsula. The UN Security Council held a closed-door meeting on Wednesday to discuss North Korea after the trial. In a statement released by the Korean Central News Agency (KCNA), North Korea’s Ministry … Read more

North Korea accuses US and UN ‘bombing time bomb’

North Korea accuses US and UN 'bombing time bomb'

Pyongyang says it has successfully tried a new ballistic missile from the ocean floor on Tuesday, following months of conflict on the Korean Peninsula. The UN Security Council held a closed-door meeting on Wednesday to discuss North Korea after the trial. In a statement released by the Korean Central News Agency (KCNA), North Korea’s Ministry … Read more

Alibaba founder Ma spotted on Mallorca during a rare trip abroad after a China exam

Jack Ma, billionaire founder of the Alibaba Group, comes to the “Tech for Good” summit in Paris, France on May 15, 2019. REUTERS / Charles Platiau MALLORCA, Spain, October 20 (Reuters) – The founder of the Alibaba Group (9988.HK) was on the Spanish island of Mallorca, where his luxury yacht is moored, two Spanish newspapers … Read more

Bitcoin is below all-time high after US ETF debut

A representation of the virtual cryptocurrency Bitcoin can be seen in this illustration from October 19, 2021. REUTERS / Edgar Su HONG KONG, Oct. 20 (Reuters) – Bitcoin hovered below record highs on Wednesday, the day after the first U.S. Bitcoin futures-based exchange-traded fund (ETF) began trading as a digital asset. The world’s leading cryptocurrency … Read more

North Korea says the current ballistic missile test was launched from offshore

North Korea says the current ballistic missile test was launched from offshore

KCNA said the submarine-opened ballistic missile (SLBM) was launched from the “8.24 Yongung” sub – the same device used to test North Korea’s first SLBM in 2016. The statement said “many of the leading management technologies” have been counted in the arsenal, which “will greatly help put national technology at the forefront and improve the … Read more

China Evergrande Makes Onshore Coupon Payment – Sources

The company logo can be seen at the headquarters of the China Evergrande Group in Shenzhen, Guangdong Province, China, September 26, 2021. REUTERS / Aly Song HONG KONG / SHANGHAI, Oct. 19 (Reuters) – China Evergrande Group (3333.HK) has paid out an onshore bond coupon due Tuesday, four people familiar with the matter said amid … Read more

North Korea has fired at least once a bullet from the east coast, authorities say

North Korea has fired at least once a bullet from the east coast, authorities say

The release took place in the port city of Sinpo, in Hamgyong province, around 10 a.m. Tuesday (9 pm ET Monday), said the South Korean Joint Chiefs of Staff. Japan’s Deputy Secretary-General Yoshihiko Isozaki said two bloody weapons were fired during Tuesday’s opening, with South Korean troops announcing only one plan. “North Korea’s actions threaten … Read more