ASIA

China mourns former leader Jiang Zemin with bouquets and black front pages

BEIJING/SHANGHAI, Dec 1 (Reuters) – Chinese newspapers blacked out their front pages on Thursday and flags were flown at half-mast in mourning for the death of former President Jiang Zemin, as supporters filed piles of bouquets in front of her childhood home. jiang deceased in his hometown of Shanghai just after noon on Wednesday from …

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Sam Bankman-Fried says he ‘never tried to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, founder and former CEO of now bankrupt crypto exchange FTX, tried to distance himself from suggestions of fraud in his first public appearance since the collapse of his business. losses totaling billions of dollars. Speaking via video link at The New York Times Dealbook Summit with Andrew …

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China set to ease COVID restrictions after historic week of protests

China to allow home quarantine and reduce mass testing – sources Senior official affirms severity of weakening virus The change comes after a series of protests The biggest demonstration of public defiance in a decade BEIJING, Dec 1 (Reuters) – China is expected to announce in the coming days a relaxation of its COVID-19 quarantine …

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Guangzhou clashes as China tries to quell COVID protests

Riot police in hazmat suits confront protesters Estimate of 27 to 43 protests in 22 cities in China One of the greatest acts of public defiance in a decade Authorities probe protesters as security tightens SHANGHAI/BEIJING, Nov 30 (Reuters) – Residents of the Chinese city of Guangzhou clashed on Tuesday night with riot police in …

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HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC

Deal comes under pressure from Chinese shareholder Analysts hail ‘sense’ deal The bank could return the proceeds of the transaction to the shareholders LONDON/TORONTO/NEW YORK, November 29 (Reuters) – HSBC (HSBA.L) agreed to sell its operations in Canada to the Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion) in cash, paving the way …

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China’s security apparatus springs into action to quell Covid protests

CNN — China extensive security apparatus moved quickly to snuff out mass protests which swept the country, with police patrolling the streets, checking cellphones and even calling some protesters to warn them of a repeat. In major cities on Monday and Tuesday, police flooded the sites of protests over the weekend, when thousands of people …

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Stocks and oil rise on hopes of easing COVID restrictions in China

Euro STOXX 600 up 0.4% Oil prices bounce off China hopes, talk of production cuts Dollar drops as investors seek riskier assets China real estate stocks rally in political support http://tmsnrt.rs/2yaDPgn LONDON/SYDNEY, Nov 29 (Reuters) – Stocks and oil gained on Tuesday on hopes that public unrest in China could lead to an earlier easing …

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Chinese authorities are looking for COVID protesters

BEIJING, Nov 29 (Reuters) – Chinese authorities have opened investigations into some of the people who gathered during the weekend’s COVID-19 curb protests, three people at the Beijing protests told Reuters, while the police remained in numbers on the streets of the city. . In one instance, a caller identifying himself as a police officer …

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Crypto lender BlockFi files for bankruptcy, cites exposure to FTX

Filing follows weeks after FTX collapse FTX listed as BlockFi’s #2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the industry’s latest casualty after the company was injured by exposure to spectacular collapse from the FTX exchange …

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Protests in China: Amid zero-Covid protests, young people cry for freedom

A version of this story appeared in CNN’s news bulletin Meanwhile in China, a tri-weekly update exploring what you need to know about the country’s rise and its impact on the world. Register here. CNN — For the first time in decades, thousands of people have challenged the Chinese authorities protest in universities and in …

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