Asia shares hesitate, China imports underpin resources

Asian shares turned sluggish on Monday as relief over a benign U.S. jobs report was chilled by caution ahead of key inflation data, while a coronavirus outbreak in Taiwan took an increasing toll on hard-pressed chip makers.

Asia shares turn cautious ahead of U.S. inflation

Asian shares turned lower on Monday as relief over the benign U.S. jobs report was chilled by caution ahead of key inflation data later this week, while a coronavirus outbreak in Taiwan took a toll on chip manufacturers.

Long bets on yuan near six-month high; ringgit bears firm

Bullish bets on the Chinese yuan hit a near six-month high after a rally against the U.S. dollar, a Reuters poll showed on Thursday, while investors were long on most Asian currencies as nations ramped up their COVID-19 vaccination plans.

Taiwan urges no panic buying as new COVID-19 rules kick off

Taiwan appealed to people to avoid panic buying of items such as instant noodles and toilet paper as new curbs on gatherings and movement took effect to rein in the spread of COVID-19 during a spike in domestic infections. Taiwan raised its coronavirus alert level in the capital, Taipei, and the surrounding city, on Saturday, […]

China condemns G7 statement censuring Beijing, supporting Taiwan

China condemned on Thursday a joint statement by G7 foreign ministers that expressed support for Chinese-claimed Taiwan and cast Beijing as a bully, saying it was a gross interference in China’s internal affairs. G7 foreign ministers said in a communique after a London summit that China was guilty of human rights abuses and of using its […]

Taiwan bars arrivals from India amid coronavirus crisis

Taiwan will bar from Tuesday the entry of people who have been to India over the previous 14 days, Health Minister Chen Shih-chung said, the latest place to enforce curbs on travel from coronavirus-battered India. The Indian variant of the virus has reached at least 17 countries, including Britain, Iran and Switzerland, spurring several to […]