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Chinese diplomat points to DC racial segregation, gets slammed as ‘racist disgrace’ by Obama adviser

5 days ago DieselGasoil Comments Off on Chinese diplomat points to DC racial segregation, gets slammed as ‘racist disgrace’ by Obama adviser
Responding to US accusations of racism amid an ongoing Twitter war over China’s policies toward religious minorities, a Chinese diplomat took aim at racial segregation in America’s capital. Lijian Zhao, deputy chief of mission at the Chinese Embassy in Islamabad, Pakistan kicked off the war of words over the weekend, with a string of tweets Read More

Volvo CEO laments Sweden’s high crime rate, says company might move its HQ abroad

1 week ago DieselGasoil Comments Off on Volvo CEO laments Sweden’s high crime rate, says company might move its HQ abroad
The head of the Swedish car manufacturer Volvo has created quite a stir at home, saying that his company struggles to attract foreign specialists due to the lack of public security and may be considering moving elsewhere. Speaking to the daily Svenska Dagbladet, Volvo CEO Hakan Samuelsson lamented the fact that the auto manufacturer has Read More

China ‘hopping mad’ about UN letter on Uighur Muslims

1 week ago DieselGasoil Comments Off on China ‘hopping mad’ about UN letter on Uighur Muslims
By Thomas Cheshire, Asia correspondent Nearly two dozen countries have signed a joint letter to the United Nations calling on China to end the mass detention of Uighur people. In the letter to the high commissioner for human rights, 22 ambassadors – including those from the UK, Germany and Japan – raised concerns about “large-scale Read More

Bond yields creep higher as markets wait for Fed signals

2 weeks ago DieselGasoil Comments Off on Bond yields creep higher as markets wait for Fed signals
LONDON (Reuters) – Shares were treading water on Wednesday while rising Treasury yields kept the dollar steady, as investors waited to hear whether the world’s most powerful central banker would confirm or confound expectations for a U.S. rate cut this month. MSCI’s broadest index of world stocks was little changed after three days of losses. Read More

Asia shares count on Powell to stay accommodative

2 weeks ago DieselGasoil Comments Off on Asia shares count on Powell to stay accommodative
SYDNEY (Reuters) – Asian shares pulled ahead on Wednesday while rising Treasury yields lifted the dollar as investors waited anxiously to hear if the world’s most powerful central banker would confirm or confound expectations for U.S. easing this month. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS advanced 0.4%, after three sessions of losses. Read More

Asia shares cautious in case Powell closes rate door

2 weeks ago DieselGasoil Comments Off on Asia shares cautious in case Powell closes rate door
SYDNEY (Reuters) – Asian shares turned mixed on Wednesday while rising Treasury yields lifted the dollar as markets wondered if the world’s most powerful central banker would confirm or confound expectations for U.S. policy easing this month. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS advanced 0.4%, after three sessions of losses. South Korea Read More

Asia cautious as everything rides on dovish Powell

2 weeks ago DieselGasoil Comments Off on Asia cautious as everything rides on dovish Powell
SYDNEY (Reuters) – Asian shares inched ahead on Wednesday while higher Treasury yields lifted the dollar as markets wondered if the world’s most powerful central banker would confirm or confound expectations for U.S. policy easing this month. FILE PHOTO: A man walks past an electric screen showing Japan’s Nikkei and Shanghai Stock Exchange markets’ indices Read More

‘Britain has fallen, freedom’s gone’ – Tommy Robinson asks Trump for political asylum in US

2 weeks ago DieselGasoil Comments Off on ‘Britain has fallen, freedom’s gone’ – Tommy Robinson asks Trump for political asylum in US
British activist Tommy Robinson, who is facing jail time in the UK, has sought political asylum in the United States, claiming that he fears for his life as “dark forces are at work” in his home country. “I feel like I’m two days away from being sentenced to death. In the UK. For journalism,” Robinson Read More