China’s economy skids as shutdowns hit factories and retailers

April industrial production unexpectedly falls year-on-year April retail sales fall faster than expected National unemployment rate at highest since February 2020 Fixed asset investment growth slower than f’cast BEIJING, May 16 (Reuters) – Retail and factory activity in China fell sharply in April as sweeping COVID-19 lockdown measures confined workers and consumers to their homes … Read more

Shanghai aims to reopen more businesses shuttered by COVID, Beijing fights back

Shopping malls and stores in Shanghai will gradually resume in-store operations Some districts in Beijing extend work-from-home guidance Shanghai lockdown frustrates and infuriates residents The brakes have rattled global supply chains SHANGHAI/BEIJING, May 15 (Reuters) – Shanghai will gradually start reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub … Read more

North Korea reports more deaths, says taking ‘swift action’ against COVID outbreak

SEOUL, May 15 (Reuters) – North Korea said on Sunday a total of 42 people had died as the country entered its fourth day of nationwide lockdown aimed at halting the first confirmed outbreak of COVID-19 in the impoverished country. North Korea’s admission on Thursday that it is battling an ‘explosive’ COVID-19 outbreak has raised … Read more

Children later than earlier. South Korean women freeze eggs as child-rearing costs rise

SEOUL, May 13 (Reuters) – In South Korea, fewer women are having children and those who do are in no rush. The exorbitant costs of housing and education make financial security essential. Social mores also dictate the need to marry. Lim Eun-young, a 34-year-old civil servant, says she is not ready to start a family … Read more

Symptoms persist for two years for some; inflammatory protein models may provide long COVID clues

A medical worker prepares a syringe with a dose of the Johnson & Johnson coronavirus disease (COVID-19) vaccine during a visit by US Vice President Kamala Harris to a vaccination center in Chinatown, Chicago, Illinois, States United States, April 6, 2021. Picture taken April 6, 2021. REUTERS/Carlos Barria Join now for FREE unlimited access to … Read more

At the mercy of zealous residential committees, the frustration of Shanghai’s locked vents

SHANGHAI, May 12 (Reuters) – Elizabeth Liu and her husband were elated last week to leave their residential complex in Shanghai for the first time in more than a month. All but one of the buildings in the compound had just been reclassified as low risk after 14 days with no COVID cases. “My husband … Read more

North Korea reports first outbreak of COVID-19, orders lockdown as ‘most serious emergency’

North Korea declares ‘most serious national emergency’ Potential for ‘unprecedented crisis’ for Kim Jong Un – expert Isolated state declined international vaccine offer No North Korean civilian would be vaccinated SEOUL, May 12 (Reuters) – North Korea confirmed its first outbreak of COVID-19 on Thursday, calling it the “most serious national emergency” and ordering a … Read more

Chinese plane aborts takeoff and catches fire, causing minor injuries during evacuation

Rescue workers are seen at the site where a Tibet Airlines Airbus A319 plane caught fire after an aborted takeoff, at Chongqing Jiangbei International Airport in Chongqing, China May 12, 2022. cnsphoto via REUTERS Join now for FREE unlimited access to Reuters.com Register BEIJING, May 12 (Reuters) – China’s Tibet Airlines said all passengers and … Read more

Dollar hovers near 2-decade high as CPI keeps aggressive US rate hikes likely

A man counts US dollar banknotes at an exchange shop in Beirut, Lebanon March 18, 2022. REUTERS/Mohamed Azakir/Files Register now for FREE unlimited access to Reuters.com Register TOKYO, May 12 (Reuters) – The US dollar held near a two-decade high on Wednesday after US inflation moderated less than markets had expected, keeping the Federal Reserve … Read more

Hong Kong police release Catholic cardinal arrested on national security charges

HONG KONG, May 11 (Reuters) – Cardinal Joseph Zen, one of Asia’s top Catholic clerics, and three other people who helped run a now disbanded fund for protesters in Hong Kong have been arrested for “collusion with foreign forces”. , then released on bail. Zen, a 90-year-old former Hong Kong bishop, was interrogated for several … Read more