Five Chinese state-owned companies are delisting from NYSE

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

South Korea’s Yoon Pardons Samsung’s Jay Y. Lee to Fight ‘Economic Crisis’

Samsung scion spent 18 months in prison for bribery S.Korea says leaders needed to help overcome economic crisis Samsung may increase investment with Lee grace – analysts SEOUL, Aug. 12 (Reuters) – South Korean President Yoon Suk-yeol on Friday pardoned Samsung Electronics (005930.KS) Vice Chairman Jay Y. Lee, with the South Korean Ministry of Justice … Read more

Strikes at Ukraine nuclear power plant prompt UN chief to create demilitarized zone

Russia ambassador warns of ‘nuclear catastrophe’ Zelenskiy demands Russia return factory to Ukraine Satellite images show damage at Russian air base in Crimea KYIV/NEW YORK, Aug. 12 (Reuters) – Russia and Ukraine accused each other of shelling Europe’s largest nuclear power plant when the UN chief proposed a demilitarized zone at the site amid fears … Read more

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

SEOUL, Aug. 11 (Reuters) – North Korean leader Kim Jong Un has declared victory over COVID-19 and his sister has indicated he also contracted the virus, while vowing “deadly retaliation” against South Korea, which blames the north for causing the outbreak. Kim ordered the lifting of maximum anti-epidemic measures imposed in May, but added that … Read more

Sierra Leone imposes nationwide curfew amid deadly anti-government protests

FREETOWN, Aug. 10 (Reuters) – At least two police officers and a civilian have been killed after a day of anti-government protests in Sierra Leone’s capital Freetown, officials at the city’s main morgue said Wednesday. Sierra Leone’s government previously said there had been deaths, but did not say how many, as protesters threw rocks and … Read more

South Korea and China clash over US missile defense system, making mediation difficult

A Terminal High Altitude Area Defense (THAAD) interceptor is seen in Seongju, South Korea, June 13, 2017. Photo taken 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 US missile defense shield, undermining efforts by the … Read more

US accuses Iranian of conspiracy to kill ex-Trump adviser Bolton

WASHINGTON, Aug. 10 (Reuters) – The United States on Wednesday charged a member of Iran’s elite Revolutionary Guards with plotting to assassinate John Bolton, a national security adviser to former President Donald Trump. The Justice Ministry claimed Shahram Poursafi, also known as Mehdi Rezayi, 45, from Tehran, was likely motivated to kill Bolton in retaliation … Read more

The gaming industry’s fortunes are fading as spending pressures follow a pandemic

Aug 10 (Reuters) – Gaming companies are facing a slowdown in video game demand from pandemic highs, casting doubt on their ability to weather an economic downturn. Rising prices and a lack of hit titles have compounded problems for video game publishers Activision Blizzard Inc (ATVI.O) and Electronic Arts (EA.O) who are also dealing with … Read more

Forest fires rage in France, thousands evacuated from homes

HOSTENS, France, Aug. 10 (Reuters) – Wildfires ripped through the Gironde region of southwestern France on Wednesday, destroying homes and forcing the evacuation of 10,000 residents, some of whom had climbed onto rooftops as flames approached. Black-orange skies, obscured by the smoke billowing from the woods and lit by the flames, were seen over the … Read more

Ukraine says 11 dead overnight, Britain marks new Russian force’

Ukraine says 11 dead in central Dnipropetrovsk . region Britain says almost certain of new Russian ground troops Explosions at Russian army base in Crimea Fear of shelling near Zaporizhzhya nuclear power plant Mass funeral victims shot and tortured, Ukraine says Aug 10 (Reuters) – Russian shelling last night killed 11 people in the central … Read more