S.Korea July inflation accelerates; staying at nine-year peak

SEOUL, Aug 3 (Reuters) – South Korea’s consumer inflation accelerated in July, staying at a nine-year peak marked in May, as hot weather conditions lifted prices of fresh food, while oil products and housing rental and other services costs continued rising. The consumer price index (CPI) last month rose 2.6% year-on-year, Statistics Korea data showed […]

India COVID-19 cases rise by 50,040 amid concern about Delta variant

NEW DELHI, June 27 (Reuters) – India’s daily COVID-19 infections rose by 50,040 on Sunday, official data showed, as concerns grew about the detection of the highly infectious Delta variant of the coronavirus in some states. The COVID-19 death toll in the country rose by 1,258, including 511 deaths reported from the state of Maharashtra, […]

Death toll rises from air strikes in Gaza and rocket fire on Israel

Israel carried out hundreds of air strikes in Gaza on Wednesday and Palestinian militants fired multiple rocket barrages at Tel Aviv and the southern city of Beersheba in the region’s most intense hostilities in years. At least 49 people have been killed in Gaza since violence escalated on Monday, according to the enclave’s health ministry. […]

U.S. Southeast braces for fuel price rises after pipeline shutdown

The southeastern United States will be the first to see price rises at the pumps due to the supply disruption caused by the shutdown of the country’s top fuel pipeline network – and demand has already picked up as drivers fill their tanks, industry experts said on Sunday.

Indian states impose stricter lockdowns as COVID deaths hit record high

India on Saturday reported its highest ever single-day COVID-19 death toll, as cases continued to rise and states imposed stricter lockdowns. India’s health ministry reported 4,187 fatalities over the past 24 hours, taking the overall death toll to just under 240,000. Cases rose by 401,078, increasing the total since the start of the pandemic to […]

Meme-based cryptocurrency Dogecoin soars 40% to all-time high

Meme-based virtual currency Dogecoin soared on Wednesday to an all-time high, extending its 2021 rally to become the fourth-biggest digital coin. Dogecoin, launched as a satirical critique of 2013’s cryptocurrency frenzy, has climbed 41% in the last 24 hours to a record $0.68, according to CoinMarketCap. This year alone it has soared over 14,000%, from […]

US birth rate falls to its lowest since 1979 as pandemic-led stress rises

Americans had the lowest number of babies in more than four decades last year, mirroring a slump in European birth rates, as the COVID-19 pandemic forced more people to take care of sick family members or deal with job losses. Birth rate in the United States fell 4% in 2020 to about 3.6 million babies, […]

India posts record daily rise in coronavirus deaths

India’s coronavirus deaths rose by a record 3,780 during the last 24 hours, a day after it became the second country to cross the grim milestone of 20 million infections after the United states. Daily infections rose by 382,315 on Wednesday, health ministry data showed. Government modelling had pointed to a peak by Wednesday, a […]

Oil rises on U.S., Europe demand growth optimism

Oil prices rose on Tuesday after more U.S. states eased lockdowns and the European Union sought to attract travellers, helping to offset concerns over fuel demand in India as COVID-19 cases soar. Brent crude futures were $1.30, or 1.92%, higher at $68.86 a barrel at 0943 GMT, after climbing 1.2% on Monday. U.S. West Texas […]