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Chinese markets, yuan claw back some lost ground after virus-led wipeout
HONG KONG (Reuters) – China’s currency and stock markets steadied in choppy trade on Tuesday, after anxiety over the spreading coronavirus the previous session hit the yuan and erased some $400 billion in market value from Shanghai’s benchmark index. The Shanghai Composite <.SSEC> opened 2% lower, before wobbling its way back from losses to stand […]
Afghanistan to release 400 'hard-core' Taliban prisoners in bid for peace
KABUL (Reuters) – The Afghan government agreed on Sunday to release 400 “hard-core” Taliban prisoners, paving the way for peace talks aimed at ending almost two decades of war. The insurgent group welcomed the move and said it was ready to begin talks within 10 days of the release. Under election-year pressure from U.S. President […]
Melbourne begins second shutdown after cases spike
Australia’s second-largest city has begun a second lockdown in response to a spike in new coronavirus infections. Five million Melbourne residents will be barred from leaving home for six weeks, except for essential reasons. Police say they are setting up a “ring of steel” around the city, with “checkpoints anytime and anywhere” to enforce the […]