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By Ian Ransom MELBOURNE (Reuters) -Talismanic captain Alexandra Popp scored a brace as Germany launched their bid for a third Women’s World Cup title with a 6-0 demolition of debutants Morocco on Monday. In the tournament’s most one-sided match to date, veteran striker Popp led from the front, heading in two first-half strikes before Klara Buehl, Lea Schueller and two own goals blew out the score after the break in […]

By Ari Rabinovitch JERUSALEM (Reuters) -Israel’s parliament on Monday ratified the first bill of a judicial overhaul sought by Prime Minister Benjamin Netanyahu, after last-gasp compromise efforts collapsed and failed to ease a constitutional crisis convulsing the country for months. The amendment limiting the Supreme Court’s powers to void some government decisions if it deemed them “unreasonable” passed by a 64-to-0 vote after opposition lawmakers abandoned the session in protest, […]

By Clare Jim HONG KONG (Reuters) – Shares of China’s property developers surged on Tuesday following a sharp selloff in the previous session, after policymakers said they would step up support for the embattled sector. Hong Kong’s Hang Seng Mainland Properties Index jumped 12%, while Chinese CSI 300 Real Estate gained 7%. Major developers listed in Hong Kong including Country Garden and Sunac China rose 14% while Longfor Group rallied […]

SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on Tuesday, three people with direct knowledge of the matter said, moves aimed at supporting the Chinese currency. China’s state banks usually trade on behalf of the central bank in the country’s foreign exchange market, but they could also trade on their own behalf. The […]

By Khanh Vu HANOI (Reuters) – Vietnam aims to raise its rare earths production to 2.02 million tonnes of unprocessed minerals a year by 2030, according to a government plan reviewed by Reuters, as the Southeast Asian country seeks to tap one of the world’s largest reserves of key industrial metals. The rare earths will be extracted from nine mines in the northern provinces of Lai Chau, Lao Cai and […]

(Reuters) -Binance and its CEO and founder Changpeng Zhao are planning to seek dismissal of a Commodity Futures Trading Commission (CFTC) complaint accusing the crypto exchange of violating the Commodity Exchange Act and certain related federal regulations. Binance is due to submit its response to the CFTC complaint on July 27 and plans to seek dismissal, according to a court filing on Monday. The CFTC in March sued Binance, the […]

By Karen Lema and Neil Jerome Morales MANILA (Reuters) -Philippines President Ferdinand Marcos Jr on Monday touted his administration’s successes over the past year, including battling inflation and steering the economy back on track, but said a number of economic challenges lie ahead. After more than a year in office, buffeted by soaring inflation that has dented economic growth, the government is now “stabilising the prices of all critical commodities”, […]

JAKARTA (Reuters) – Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior minister said on Tuesday, adding the government is still in talks with major companies like Tesla and BYD. Speaking at a nickel industry conference hosted by CNBC Indonesia, Coordinating Minister of Maritime Affairs and Natural Resources Luhut Pandjaitan said the incentives will be benchmarked against those offered by […]

By Khanh Vu HANOI (Reuters) – Vietnam aims to raise its rare earths production to 2.02 million tonnes of unprocessed minerals a year by 2030, according to a government plan reviewed by Reuters, as the Southeast Asian country seeks to tap one of the world’s largest reserves of key industrial metals. The rare earths will be extracted from nine mines in the northern provinces of Lai Chau, Lao Cai and […]