India plans federal oversight of all real money online games

NEW DELHI, Dec 4 (Reuters) – India’s planned regulation of online gambling will apply to all real money games after the Prime Minister’s office rejected a proposal to regulate only games of skill and omit gambling, according to a government document and three sources. The much-anticipated regulations are seen as defining the future of India’s … Read more

More than 80 injured in clash between Indian police and protesters at Adani port

KOCHI, India Nov. 28 (Reuters) – More than 80 people were injured in southern India as villagers halting construction of a $900 million port clashed with police, the latest escalation of a months-old protest from a predominantly Christian fishing community against the Asian richest man. The protests are a major headache for Gautam Adani’s $23 … Read more

Foxconn’s huge iPhone factory in China rocked by new worker unrest

Images on the internet show hundreds of workers protesting Surveillance cameras and windows smashed by men with sticks Workers complain about unpaid wages and insufficient food Foxconn says it is working to prevent a recurrence of violence SHANGHAI/TAIPEI, Nov 23 (Reuters) – Hundreds of workers took part in protests at Foxconn’s (2317.TW) flagship iPhone factory … Read more

Asian stocks gain despite rising numbers of Chinese COVID cases

SYDNEY, Nov 23 (Reuters) – Asian stock markets were mostly upbeat on Wednesday, despite mounting cases of COVID-19 in mainland China, leaving investors unsure about the extent to which the new outbreaks will affect the reopening of the second-largest economy in the world could slow down. MSCI’s broadest index of Asia-Pacific equities outside Japan (.MIAPJ0000PUS) … Read more

Earthquake in Indonesia leaves dozens dead, houses reduced to rubble and hundreds injured

CIANJUR, Indonesia, Nov 21 (Reuters) – A magnitude 5.6 earthquake killed more than 60 people and injured hundreds in Indonesia’s West Java province on Monday. Rescue workers tried to reach survivors trapped under the rubble amid a series of aftershocks. The epicenter was near the town of Cianjur in West Java, about 75 km southeast … Read more

COP27 provides breakthrough in climate fund at the expense of progress on emissions

Climate summit COP27 ends after marathon weekend negotiations Final deal creates historic climate finance fund Negotiators say some have blocked tighter emissions targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries closed this year’s UN climate summit on Sunday with a hard-fought agreement to create a fund to help poor countries ravaged by climate disasters, … Read more

Nepalese voted for a new government to revive the economy

KATHMANDU, Nov 20 (Reuters) – Millions of Nepalis went to the polls on Sunday to elect a new government to guide the Himalayan country through a time of economic peril. Many women dressed in saris and men in jeans and baseball caps lined up to vote in the general election, pitting the centrist Nepalese Congress … Read more

G20 summit deplores war in Ukraine ‘in the strongest terms’

G20 says ‘most members’ condemn war in Ukraine Threat of use of nuclear weapons ‘impermissible’ statement Agreement to calibrate monetary tightening NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) countries deplored Russian aggression in Ukraine “in the strongest terms” on Wednesday and demanded its unconditional withdrawal in a statement … Read more

Division at G20 overbid to condemn Russian invasion of Ukraine

Most G20 members would strongly condemn the war in Ukraine Zelenskiy urges the G20 to help end the war according to his plan Indonesia urges action on global economic problems China’s Xi to hold meetings with several other leaders NUSA DUA, Indonesia, Nov 15 (Reuters) – A summit of the Group of 20 (G20) on … Read more

Oil Falls on China’s COVID Spike and Firmer Dollar

Brent and WTI prices fall after Friday’s gains Major Chinese cities are reporting record numbers of COVID-19 cases US Fed is not softening the fight against inflation, says the governor LONDON, Nov. 14 (Reuters) – Oil prices fell on Monday, dragged along by a firmer US dollar as rising coronavirus cases in China dashed hopes … Read more