Town Hall News

HONG KONG (Reuters) – China’s economic growth is slowing down as policymakers try to fix a property market downturn, with troubles at major developer Country Garden in focus. Concerns are mounting over whether the world’s second-largest economy is coming closer to a crunch point: WHAT IS CAUSING CHINA’S ECONOMIC SLOWDOWN? Unlike consumers in the West, Chinese people were left largely to fend for themselves during the COVID-19 pandemic and the […]

TAIPEI (Reuters) – The United States has an “obligation” to fulfil its backlog of arms sales to Taiwan and there is a bipartisan effort to ensure this happens, the vice chairman of the House Armed Services Committee said on Friday during a trip to Taipei. Taiwan has since last year complained of delays to U.S. weapon deliveries, such as Stinger anti-aircraft missiles, as manufacturers turned supplies to Ukraine as it […]

(Reuters) – Disney said on Thursday that the company is in negotiations with Charter Communications for a new agreement after Disney pulled ESPN, ABC and other cable channels off Charter-owned Spectrum’s cable service. Spectrum TV subscribers no longer have access to Disney’s portfolio of live sporting events, news coverage and entertainment programming, the company said. Charter will host a webcast on Friday to discuss the status of its distribution agreement […]

(Reuters) – Disney said on Thursday that the company is in negotiations with Charter Communications for a new agreement after Disney pulled ESPN, ABC and other cable channels off Charter-owned Spectrum’s cable service. Spectrum TV subscribers no longer have access to Disney’s portfolio of live sporting events, news coverage and entertainment programming, the company said. Charter will host a webcast on Friday to discuss the status of its distribution agreement […]

(Reuters) – Disney said on Thursday that the company is in negotiations with Charter Communications for a new agreement after Disney pulled ESPN, ABC and other cable channels off Charter-owned Spectrum’s cable service. Spectrum TV subscribers no longer have access to Disney’s portfolio of live sporting events, news coverage and entertainment programming, the company said. Charter will host a webcast on Friday to discuss the status of its distribution agreement […]

(Corrects to say Australian Capital Territory, not Central, in paragraph 18) By Stella Qiu SYDNEY (Reuters) -Sharath Mahendran, a 21-year-old student in Sydney, sees little hope he could ever afford a home like his parents did in the 1990s – a free-standing house on a quarter-acre (1,000 square metre) block – in today’s Australia. “Now someone like me would need a lot of help from my parents and then it […]

By Leika Kihara TOKYO (Reuters) -Asia’s factory activity weakened in August as manufacturers felt the pinch from rising input costs and slowing global demand, but an unexpected rebound in China offered some hope for the region’s export-reliant economies, private surveys showed. China’s private Caixin/S&P Global manufacturing purchasing managers’ index (PMI) rose to 51.0 in August from 49.2 in July, a survey showed on Friday, beating analysts’ forecasts and exceeding the […]

SYDNEY (Reuters) – Australia’s competition regulator said on Friday it would ask the court to fine Qantas Airways “hundreds of millions” of dollars, a day after suing the carrier for allegedly selling tickets to thousands of flights after they were cancelled. The Australian Competition and Consumer Commission (ACCC) said in court filings on Thursday that Qantas broke consumer law when it sold tickets to more than 8,000 flights between May […]

SYDNEY (Reuters) – Australia’s competition regulator said on Friday it would ask the court to fine Qantas Airways “hundreds of millions” of dollars, a day after suing the carrier for allegedly selling tickets to thousands of flights after they were cancelled. The Australian Competition and Consumer Commission (ACCC) said in court filings on Thursday that Qantas broke consumer law when it sold tickets to more than 8,000 flights between May […]