China sanctions Lithuanian deputy minister for Taiwan visit

China sanctions Lithuanian deputy minister for Taiwan visit

The Lithuanian state emblem is seen at its embassy in Beijing, China December 15, 2021. REUTERS/Carlos Garcia Rawlins Register now for FREE unlimited access to Reuters.com Register BEIJING, Aug 12 (Reuters) – China’s foreign ministry said on Friday it had imposed sanctions on Lithuanian Deputy Transport and Communications Minister Agne Vaiciukeviciute for visiting Taiwan, the … Read more

Taiwan blames politics for cancellation of global Pride event

Taiwan blames politics for cancellation of global Pride event

Participants march under a giant rainbow flag during the LGBT Pride parade in Taipei, Taiwan October 26, 2019. REUTERS/Eason Lam Register now for FREE unlimited access to Reuters.com Register TAIPEI, Aug 12 (Reuters) – Taiwan on Friday blamed “political considerations” for the cancellation of WorldPride 2025 Taiwan after it said the organisers had insisted the … Read more

Five Chinese state-owned companies to delist from NYSE amid U.S. tensions

Five Chinese state-owned companies to delist from NYSE amid U.S. tensions

SHANGHAI/HONG KONG, Aug 12 (Reuters) – Five Chinese state-owned companies, including oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS), said on Friday they would delist from the New York Stock Exchange, amid economic and diplomatic tensions with the United States. The companies, which also include Aluminium Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and … Read more

Latvia, Estonia withdraw from China cooperation group

Latvia, Estonia withdraw from China cooperation group

The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter/File Photo Register now for FREE unlimited access to Reuters.com Register VILNIUS, Aug 11 (Reuters) – Latvia and Estonia withdrew from a cooperation group between China and over a dozen Central and Eastern European countries on Thursday, following in the footsteps of … Read more

SoftBank’s Alibaba sale could end breakup taboo

SoftBank’s Alibaba sale could end breakup taboo

Japan’s SoftBank Group Corp Chief Executive Masayoshi Son attends a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 10 (Reuters Breakingviews) – Masayoshi Son is thinking the unthinkable at SoftBank Group (9984.T). His $63 billion technology and telecom empire will slash its … Read more

North Korea declares victory over COVID, suggests leader Kim had it

North Korea declares victory over COVID, suggests leader Kim had it

North Korean leader Kim Jong Un speaks at a politburo meeting of the Worker’s Party on the country’s coronavirus disease (COVID-19) outbreak response in this undated photo released by North Korea’s Korean Central News Agency (KCNA) on May 21, 2022. KCNA via REUTERS Register now for FREE unlimited access to Reuters.com Register SEOUL, Aug 11 … Read more

Taiwan rejects China’s ‘one country, two systems’ plan for the island

Taiwan rejects China’s ‘one country, two systems’ plan for the island

Chinese and Taiwanese flags are seen in this illustration, August 6, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register TAIPEI, Aug 11 (Reuters) – Taiwan rejects the “one country, two systems” model proposed by Beijing in a white paper published this week, the self-ruled island’s foreign ministry said on Thursday. Only … Read more

South Korea, China clash over U.S. missile shield, complicating conciliation

South Korea, China clash over U.S. missile shield, complicating conciliation

A Terminal High Altitude Area Defense (THAAD) interceptor is seen in Seongju, South Korea, June 13, 2017. Picture taken on June 13, 2017. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, Aug 11 (Reuters) – China and South Korea clashed on Thursday over a U.S. missile defence shield, threatening to undermine … Read more

China calls U.S. ‘main instigator’ of Ukraine crisis

China calls U.S. ‘main instigator’ of Ukraine crisis

Russian President Vladimir Putin meets with Chinese President Xi Jinping in Beijing, China, February 4, 2022. Sputnik/Aleksey Druzhinin/Kremlin via REUTERS ATTENTION EDITORS – THIS IMAGE WAS PROVIDED BY A THIRD PARTY/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 10 (Reuters) – China, which Russia has sought as an ally since … Read more

SoftBank to book $34 bln gain on Alibaba shares; reduce stake to 14.6%

SoftBank to book  bln gain on Alibaba shares; reduce stake to 14.6%

TOKYO, Aug 10 (Reuters) – SoftBank Group Corp (9984.T) on Wednesday said it will book an estimated gain of 4.6 trillion yen ($34.08 billion) on settling prepaid forward contracts using shares in Alibaba Group Holding (9988.HK), reducing its stake to 14.6% from 23.7%. The estimated gain includes a 2.4 trillion yen gain from the revaluation … Read more