UPDATE 1-China Dec FX reserves rise as economic recovery gathers pace

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UPDATE 1-China Dec FX reserves rise as economic recovery gathers pace

(Adds details). BEIJING, Jan 7 (Reuters) – China’s foreign currency reserves rose more than expected to the highest in more than 4-1/2 years in December, official data showed on Thursday, as the country’s economic recovery boosted the yuan against a …
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Twitter, Facebook Reach Trump Breaking Point After Siege of Capitol

Those protections will end when he is no longer president, a Twitter spokesperson confirmed to Bloomberg in November. (Updated with comment from
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“Time to act” as climate role in disaster losses increases: Jeworrek, Munich Re

It is time for the world to act on climate change as it will play an increasing role in disaster losses, Torsten Jeworrek of reinsurance company Munich Re warned today. torsten-jeworrek-munich-re Munich Re reported today that the global insurance and …
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Stocks Extend Gains as Investors Focus on Stimulus: Markets Wrap

Global markets are showing resilience after a day of violence rocked the U.S. Capitol, with investors firmly focused on the prospect for more economic stimulus and the likelihood that calm will prevail as Joe Biden takes the presidency. S&P 500 futures were …
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Covid Measures Block Key South African Chrome-Export Crossing

Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter. Measures to curb the spread of coronavirus in South Africa are causing major congestion at key border points, including the crossing to Mozambique that’s a key conduit for chrome …
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