China cuts reserve requirements for bank to help boost its slowing economy

China cuts reserve requirements for bank to help boost its slowing economy

BANGKOK — China’s central bank said Wednesday it will cut the ratio of reserves banks must hold to help boost the slowing economy. The announcement by the People’s Bank of China prompted a surge in share prices in Chinese markets, with Hong Kong’s benchmark jumping 3.6%. Chinese stock markets have languished in recent months as…

Ask a health expert: ‘Should I take Paxlovid if I have COVID?’

Ask a health expert: ‘Should I take Paxlovid if I have COVID?’

Join Fox News for access to this content Plus get unlimited access to thousands of articles, videos and more with your free account! Please enter a valid email address. By entering your email, you are agreeing to Fox News Terms of Service and Privacy Policy, which includes our Notice of Financial Incentive. To access the…

Collision of gas truck and car in Mongolia sets off explosions that kill 3 firefighters

Collision of gas truck and car in Mongolia sets off explosions that kill 3 firefighters

ULAANBAATAR, Mongolia — A truck carrying 60 tons of liquefied natural gas and a car collided at an intersection in the Mongolian capital early Wednesday, causing a massive fireball and a series of explosions that killed three firefighters and injured 11 people, officials said. Images showed the huge blaze at the scene of the crash…

Chris Young Arrested Following Altercation at Nashville Bar

Chris Young Arrested Following Altercation at Nashville Bar

Chris Young, the country music singer, was arrested on charges of disorderly conduct, assaulting an officer and resisting arrest after an altercation at a bar in Nashville on Monday night, the authorities said. While Tennessee Alcoholic Beverage Commission agents were looking at IDs in a downtown Nashville bar, Mr. Young, 38, struck one of the…

Biden to speak at United Auto Workers conference as he woos blue-collar vote in battleground states

Biden to speak at United Auto Workers conference as he woos blue-collar vote in battleground states

WASHINGTON — President Joe Biden will be the keynote speaker Wednesday at a United Auto Workers’ political convention as he works to sway blue-collar workers his way in critical auto-making swing states such as Michigan and Wisconsin. Biden will speak as the union closes out a three-day gathering in Washington to chart its political priorities…

Japan’s exports surge 10% in December on strong demand for autos

Japan’s exports surge 10% in December on strong demand for autos

BANGKOK — Japan’s exports surged almost 10% in December from a year earlier, helped by a revival in trade with China and strong demand for vehicles, machinery and computer chips. Imports fell almost 7%, leaving a trade surprise of 62 billion yen ($410 million), according to preliminary customs data released Wednesday. A weak Japanese yen…

Stock market today: Asian shares are mixed as Chinese shares resume their upward climb

Stock market today: Asian shares are mixed as Chinese shares resume their upward climb

BANGKOK — Asian shares were mixed on Wednesday after Japan reported its exports jumped nearly 10% in December, though shares in Tokyo declined. U.S. futures and oil prices edged higher. Chinese shares resumed their upward climb after the vice chairman of the China Securities Regulatory Commission, Wang Jiangjun, called for better protections for investors and…

End of content

End of content