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3 Hikers Dead After Volcano Erupts in Indonesia

Indonesian authorities said other climbers had safely evacuated Mount Dukono, which had been off-limits because of volcanic activity. By John Yoon and Muktita Suhartono At least three hikers were ...

REUTERS 2024-01-02T10:58:22+00:00

Global factory activity ended 2023 on a soft note

Global factories had a weak finish to 2023, with euro zone activity contracting for an 18th straight month in December and Asia's manufacturing powerhouses taking a hit due to China's patchy economic recovery.

REUTERS 2024-06-17T20:34:43+00:00

China and Philippines quarrel over South China Sea collision

China and the Philippines traded accusations over a collision in the South China Sea on Monday, with Manila saying its armed forces would resist Beijing's actions in the disputed waters, the latest in an increasingly testy series of confrontations.

REUTERS 2021-11-01T00:11:38+00:00

In India, Tamil Nadu eyes coal power reboot despite local fears

India's southern Tamil Nadu state is considering restarting a shelved 1.6 gigawatts (GW) coal-fired power project in Uppur, two state government officials said, as its debt-ridden utility seeks to expand its coal fleet to address rising power demand.

REUTERS 2023-08-31T15:24:26+00:00

Philippines, Taiwan, Malaysia reject China's latest South China Sea map

The Philippines, Malaysia, Taiwan and Vietnam have rejected as baseless a map released by China that denotes its claims to sovereignty including in the South China Sea and which Beijing said on Thursday should be viewed rationally and objectively.

REUTERS 2022-12-28T08:16:11+00:00

Global finance unknowns are more “who” than “what”

After British pension funds narrowly dodged catastrophe in 2022, regulators are hunting enthusiastically for hidden risks in the non-bank financial industry. Also known as shadow banking, it’s a market that could be over $225 trillion in size. The key to stopping a crisis isn’t locating the landmines – it’s working out who’s most likely to stand on them.

REUTERS 2022-07-07T20:56:58+00:00

EXCLUSIVE WTO faces new battle over COVID tests, drugs

Less than a month after a hard-won deal was reached on a partial waiver of intellectual property rights for COVID-19 vaccines, a fresh battle may be looming at the World Trade Organization over extending the waiver to treatments and tests.

REUTERS 2025-01-14T12:59:59+00:00

China torments and titillates seaborne coal market

China imported a record amount of coal in 2024, driving world imports of the fuel to an all-time high. So why are coal exporters starting 2025 in a deep blue funk?

REUTERS 2022-04-19T21:41:43+00:00

Delegate protests over Russia to upstage G20 meeting

Western nations are preparing to stage coordinated walk-outs and other diplomatic snubs to protest against Russia's invasion of Ukraine at Wednesday's meeting of G20 finance ministers in Washington, their officials said.

REUTERS 2022-11-14T15:56:50+00:00

Top takeaways from the Biden-Xi meeting in Bali

U.S. President Joe Biden and Chinese leader Xi Jinping held their first in-person talks since 2017 on the sidelines of the G20 summit in Bali, Indonesia, on Monday. Here are some takeaways from the three-and-a-half hour meeting:

REUTERS 2026-02-02T02:47:59.631000+00:00

Global factory activity improves on growing demand

Global factory activity improved in January, with a better performance by key Asian exporters and a return to manufacturing expansion in the euro zone and the United States, private surveys showed on Monday, suggesting the hit from higher U.S. tariffs may have run its course for now.

REUTERS 2022-01-05T05:09:41+00:00

Asian FX mostly lower; Indonesian rupiah, S.Korean won weaken

Asia's emerging currencies traded mostly lower on Wednesday, with Indonesia's rupiah and the South Korean won leading losses, as the dollar hovered near a one-week high, buoyed by U.S. policy tightening expectations.