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Asian shares bounce on hopes for U.S. stimulus, vaccine
By Stanley White and Jessica DiNapoli TOKYO/NEW YORK - Asian shares rose on Wednesday after a strong lead from Wall Street fuelled by hopes for additional U.S. economic stimulus and a coronavirus vaccine, but trade was choppy as some investors booked profits. Top U....
German actuaries recommend cut in life insurance guarantee rate
MUNICH - A professional body advising German regulators on the insurance industry has recommended a steep cut in the guaranteed rate of interest insurers are allowed to offer on new life insurance policies from 2022. The board of the DAV association of actuaries will recommend to...
South Korea coronavirus outbreak adds new stress to gruelling, eight-hour exam
By Sangmi Cha SEOUL - From avoiding family members to skipping extra study at "cram schools", the coronavirus has forced nearly half a million South Korean test-takers and proctors to rethink their strategies ahead of a hyper-competitive university entrance exam this week....
Japan's consumer confidence little changed in November - government
TOKYO - Japan's consumer confidence was little changed in November, a Cabinet Office survey showed on Wednesday, and a recent resurgence in coronavirus cases was clouding the outlook. The survey's sentiment index for general households, which includes views on incomes and jobs, s...
Walmart axes $35 delivery minimum on website purchases for membership program
By Melissa Fares - Walmart Inc said on Wednesday it would lift the $35 minimum order value that subscribers of its loyalty service had to meet for next-day or two-day shipping, as the retailer gears up for a holiday season dominated by online shopping. The change, s...
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Young set for New Zealand debut against West Indies
- Top-order batsman Will Young will make his New Zealand debut in the first test against West Indies after BJ Watling was ruled out with a hamstring injury, captain Kane Williamson said on Wednesday. Tom Blundell will move down the order and take the wicketkeeping gloves in Watli...
With no Lebanese political progress, France pushes aid meeting
By John Irish PARIS - President Emmanuel Macron will seek to revive a French initiative on Lebanon when he hosts an international aid conference on Wednesday, but with the country's fractious political class bickering, hopes of a breakthrough appear slim. Four mont...
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Japan Nike ad on bullying, racism sparks hot online response
TOKYO - A video ad from Nike Japan against bullying and racism that features biracial athletes and other minorities, such as those of Korean descent, has prompted a sharp online response including calls to boycott the company. Japan has traditionally prided itself on being racial...
U.S. says ready for immediate domestic shipment of COVID-19 vaccines
By David Shepardson WASHINGTON - The U.S. Transportation Department said Tuesday it has made preparations to enable the "immediate mass shipment" of COVID-19 vaccines and completed all necessary regulatory measures. The department said U.S. agencies have been coordi...
EMA, Health Canada start rolling review of J&J's COVID-19 vaccine candidate
- Johnson & Johnson said late Tuesday that health regulators in Europe and Canada had started a real-time review of its COVID-19 vaccine candidate after preliminary results showed that the shot triggered the production of antibodies and immune cells against the virus. The Eur...