Page 1015 - Reuters

Former PM Abe says Japan, US could not stand by if China attacked Taiwan

Tensions over Chinese-claimed Taiwan have risen as President Xi Jinping seeks to assert his country's sovereignty claims against the democratically ruled island

Air travelers to US set to face tougher Covid-19 testing amid Omicron scare

Currently, vaccinated international air travelers can present a negative test result obtained within three days from their point of departure

US oil prices slump over 5% on Covid-19 vaccine efficacy worries

The head of drugmaker Moderna Inc told the Financial Times that Covid-19 vaccines are unlikely to be as effective against the Omicron variant of the coronavirus

US FDA panel narrowly backs Covid-19 pill, world's first at-home treatment

Permission for Merck & Co's antiviral treatment would likely be limited to patients at high risk of developing severe disease, although the exact population would be defined by the agency.

Officials offer vaccine reassurance; WHO advises against travel bans

The questions over vaccine effectiveness came as cases of the new variant spread, with the first reported case in Latin America emerging in Brazil

Oil slumps on Omicron fears; posts biggest monthly fall in 20 months

Crude futures ended November with their biggest monthly declines since the outset of the pandemic

Stocks, oil slide as Omicron worries push investors to safe havens

Global stock benchmarks and oil prices fell sharply after drugmaker Moderna warned that existing vaccines are unlikely to be as effective against the new coronavirus variant

OPEC+ begins two days of talks amid oil rout, fears for Omicron variant

Oil prices fell to near $70 a barrel on Tuesday from as high as $86 in October.

S Korea factory activity grows for 14th month but output, orders shrink

Output continued to shrink on shortages of materials, notably in the semiconductors market.

Japan's factory activity expands at fastest pace in nearly four years

Cost pressures remained an issue as materials shortages and delivery delays caused input prices to surge the most in 13 years.

Firms give vaccine reassurance for Omicron; WHO advises against travel bans

News of Omicron's emergence wiped roughly $2 trillion off global stocks on Friday, after it was first identified in southern Africa and announced on Nov. 25.

Wall Street ends lower as taper acceleration worries pile onto virus angst

The Dow Jones Industrial Average fell 652.22 points, or 1.86%, to 34,483.72

WHO warns against blanket travel bans over Omicron coronavirus variant

Blanket travel bans will not prevent the international spread, and they place a heavy burden on lives and livelihoods, it said

US eyes January rollout of first projects to counter China's Belt and Road

A US delegation led by President Joe Biden's deputy national security adviser, Daleep Singh, identified at least 10 promising projects in Senegal and Ghana

China will advance development of digital yuan, central bank gov says

China will continue to advance the development of its central bank digital currency and improve its design, the People's Bank of China governor Yi Gang said on Tuesday

Swiss prosecutors set to drop criminal probe of VW emissions scandal

Swiss federal prosecutors are set to drop a nearly five-year criminal investigation into Volkswagen's diesel emissions scandal after concluding they did not have a strong enough case to file charges

Oil approaches $84 as lifting of US travel ban boosts demand

By Alex Lawler

Euro/dollar treads water as traders wait for more clues on rates

The euro held steady against the dollar on Tuesday and most currency pairs were stuck as traders waited for U.S. inflation data later in the week and more speeches from central bank governors

China developer Kaisa pleads for help, 'patience' as sector's debt mount

Kaisa Group Holdings needs help to pay investors, workers and suppliers, developer told a meeting of a Chinese government think-tank, banks and property firms, according to a source.

Nissan raises profit outlook as sales rebound from pandemic slump

Nissan on Tuesday raised its full-year operating profit outlook by 20% as sales rebounded from a pandemic slump and tight supplies of vehicles allowed it to lower incentive payments and boost margins