An uncompleted building is seen next to the Fourth Ring Road in Beijing, China July 16, 2018. REUTERS/Jason Lee/Files Register now for FREE unlimited access to Reuters.com Register April property investment -10.1% y/y vs -2.4% in March Sales by value -46.6% y/y vs -26.17% y/y in March China mortgage loan rate cut may have limited … Read more
Shanghai goes three days with no new community infections Only a few signs of a gradual re-opening Amcham warns COVID controls hamper foreign investment SHANGHAI/BEIJING, May 17 (Reuters) – Shanghai achieved on Tuesday the long-awaited milestone of three consecutive days with no new COVID-19 cases outside quarantine zones but most residents will have to put … Read more
April industrial output unexpectedly falls y/y April retail sales fall faster than expected Nationwide jobless rate highest since Feb 2020 Fixed asset investment growth slower than f’cast BEIJING, May 16 (Reuters) – China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted … Read more
NOIDA, India, May 16 (Reuters) – For construction worker Yogendra Tundre, life at a building site on the outskirts of the Indian capital New Delhi is hard enough. This year, record high temperatures are making it unbearable. As India grapples with an unprecedented heatwave, the country’s vast majority of poor workers, who generally work outdoors, … Read more
Shanghai malls, shops to gradually resume in-store operations Some Beijing districts extend work-from-home guidance Shanghai lockdown frustrates, infuriates residents Curbs have rattled global supply chains SHANGHAI/BEIJING, May 15 (Reuters) – Shanghai will gradually begin reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub from Monday after weeks in strict … Read more
SEOUL, May 15 (Reuters) – North Korea said on Sunday a total of 42 people had died as the country began its fourth day under a nationwide lockdown aimed at stopping the impoverished country’s first confirmed COVID-19 outbreak. North Korea’s admission on Thursday that it is battling an “explosive” COVID-19 outbreak has raised concerns that … Read more
SEOUL, May 13 (Reuters) – In South Korea, fewer women are having children and those who do are in no rush. The sky-high costs of housing and education make financial security a must. Social mores also dictates the need to be married. Lim Eun-young, a 34-year-old public servant, says she is not ready to start … Read more
SEOUL, May 13 (Reuters) – At least one person confirmed to have COVID-19 has died in North Korea and millions of thousands have shown fever symptoms, state media said on Friday, offering hints at the potentially dire scale of country’s first confirmed outbreak of the pandemic. About 187,800 people are being treated in isolation after … Read more
SHANGHAI, May 12 (Reuters) – Last week, Elizabeth Liu and her husband were excited about the prospect of leaving their Shanghai residential compound for the first time in over a month. All but one building in the compound had just been reclassified as low risk after 14 days of no COVID cases. “My husband put … Read more
North Korea declares ‘gravest national emergency’ Potential for ‘unprecedented crisis’ for Kim Jong Un – expert Isolated state has declined int’l offer of vaccine No North Korean civilians are believed vaccinated SEOUL, May 12 (Reuters) – North Korea confirmed its first COVID-19 outbreak on Thursday, calling it the “gravest national emergency” and ordering a national … Read more