U.S. stops granting export licenses for China’s Huawei – sources
The Biden administration has stopped approving licenses for U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter.
Exclusive: German economy ministry reviews measures to curb China business
Germany’s economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce its dependency on Asia’s economic superpower, two people familiar with the matter told Reuters.
Bank of Italy says it is ending COVID-related relief measures for banks
The Bank of Italy said on Tuesday it would remove a number of relief measures on banking requirements that had been introduced to help lenders through the COVID-19 crisis.
Locked in hotels: Hong Kong’s COVID-19 rules take mental toll on Cathay pilots
One of Asia’s largest airlines, Cathay Pacific, is facing a revolt from pilots who say Hong Kong’s tough quarantine rules under its zero-COVID policies are endangering their mental health, leading to rising stress and resignations.
EXCLUSIVE U.S. investigators question Goodyear Malaysia workers over labour practices
U.S. government investigators have interviewed workers at Goodyear Tire & Rubber Co’s (GT.O) Malaysian factory about their working conditions, employees told Reuters, intensifying scrutiny of potential labour abuses by the tyre maker in the country.
Some Chinese banks told to issue more loans for property projects – sources
Some Chinese banks have been told by financial regulators to issue more loans to property firms for project development, two banking sources with direct knowledge of the situation told Reuters on Monday, in efforts to marginally ease liquidity strains across the industry.
How confusion around Biden policies birthed a new refugee camp on the U.S. border
A red pickup truck pulls up next to a migrant tent encampment in the Mexican city of Tijuana, its bed filled with loaves of bread and clothes. Men, women and children run to meet it. “A line! Form a line!” someone yells. A woman in a long skirt climbs into the truckbed and begins to […]
