Updated

By Alessandro Diviggiano and Bernard Orr BEIJING (Reuters) -Data from China shows that no new coronavirus variant has been found there, but also that the country under-represents how many people have died in a rapidly spreading COVID-19 outbreak, World Health Organization (WHO) officials said on Wednesday. Global unease has grown about the accuracy of China’s …

China COVID data shows no new variant but under-reports deaths, WHO says Read More »

By Koh Gui Qing NEW YORK (Reuters) -Global stocks and bonds closed higher on Wednesday on cautious optimism about the new year after a brutal 2022, although U.S. stocks eased off session highs after the Federal Reserve released minutes from its December meeting that struck a hawkish note. The MSCI All-World index added 0.65%, receding …

Stocks, bonds jump as investors shrug off hawkish Fed minutes Read More »

By Karen Brettell NEW YORK (Reuters) – The U.S. dollar held at lower levels on Wednesday after minutes from the Federal Reserve’s December meeting offered no surprises or new information about the size of its expected rate hike in February. The Fed hiked rates by 50 basis points last month and Fed officials agreed a …

Dollar holds losses as Fed minutes fail to surprise Read More »

By Jennifer Rigby and Gabrielle Tétrault-Farber GENEVA (Reuters) -China’s COVID-19 data is not giving an accurate picture of the situation there and underrepresents the number of hospitalisations and deaths from the disease, a senior official at the World Health Organization said on Wednesday. The U.N. agency was preparing to meet Chinese scientists again on Thursday …

WHO says China data underrepresents COVID surge and deaths Read More »

By Kantaro Komiya TOKYO (Reuters) -Japan will toughen its COVID-19 border control measures for travellers from China from Sunday, Prime Minister Fumio Kishida said, in response to a surge of infections. Additional measures will require negative coronavirus tests taken within 72 hours of passengers boarding direct flights from China, the government said on Wednesday after …

Japan to tighten COVID border controls for travellers from China Read More »

By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled 4% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar. Brent futures for March delivery fell $3.81, or 4.4%, to $82.10 a barrel, the largest daily decline in more than three months. U.S. crude …

Oil dives 4%, trade choppy on worries about China, global economy Read More »

By Nandan Mandayam BENGALURU (Reuters) -Walmart Inc has already paid the Indian government most of the nearly $1 billion in tax after digital payments company PhonePe shifted its headquarters from Singapore to India, a source with direct knowledge of the matter told Reuters. Bloomberg News previously reported that Walmart and other PhonePe investors would have …

Walmart paid most of $1 billion tax for PhonePe shifting base to India – source Read More »