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China heatwaves drive up power demand to record levels, southern floods swamp cities

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China heatwaves drive up power demand to record levels, southern floods swamp cities

SHANGHAI/BEIJING, June 22 (Reuters) – Heatwaves in northern and central China drove up electricity demand to record levels as millions switched on air conditioners to escape the sweltering conditions, while floodwaters in the south submerged villages and trapped city residents. On Wednesday, China’s meteorological administration issued orange alert warnings for high temperatures in regions across … Read more

Taiwan scrambles 29 jets to warn away Chinese planes in its air defense zone

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Taiwan scrambles 29 jets to warn away Chinese planes in its air defense zone

Chinese and Taiwanese national flags are displayed alongside a military airplane in this illustration taken April 9, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register TAIPEI, June 21 (Reuters) – Taiwan scrambled jets on Tuesday to warn away 29 Chinese aircraft in its air defense zone, including bombers that flew to … Read more

Emergency ECB meeting lifts Europe, Fed ready to go big

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Emergency ECB meeting lifts Europe, Fed ready to go big

News of emergency ECB meeting sends Italian markets soaring Market almost fully priced for Fed to hike 75 bps Euro rally knocks dollar off 20-yr peak, US yields off decade top China economic data slightly beat forecasts, still weak LONDON/SYDNEY, June 15 (Reuters) – European markets rallied on Wednesday on news the European Central Bank … Read more

Hundreds gather to mark Tiananmen anniversary in Taiwan

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Hundreds gather to mark Tiananmen anniversary in Taiwan

Activists assemble new ‘Pillar of Shame’ in Taipei Hundreds of police patrol area around Hong Kong park Taiwan condemns efforts to erase memories of 1989 crackdown US calls Tiananmen a ‘brutal assault’ that won’t be forgotten TAIPEI/HONG KONG, June 4 (Reuters) – Hundreds of people gathered in Taipei on Saturday to commemorate China’s bloody crackdown … Read more