Stocks fall on Fed rate hike bets, yen hits fresh 24-year low

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 7 (Reuters) – European stock markets fell on Wednesday after US economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high against the Japanese yen. US Treasury yields jumped and the dollar received a boost … Read more

Flood-hit Pakistan breaches lake to avert overflow

Register now for FREE unlimited access to Reuters.com Register Disaster management warns of more rains in the north Number of child deaths increases by 12 to 453 Prime minister calls for help to reduce child deaths KARACHI, Pakistan, Sept 4 (Reuters) – Authorities in flood-hit Pakistan breached the country’s largest freshwater lake on Sunday, displacing … Read more

Shenzhen shuts most public transport as China battles multiple outbreaks

Register now for FREE unlimited access to Reuters.com Register Shenzhen suspends public transport across the majority of the city Toyota, VW plants in Chengdu operate in ‘closed loops’ Chinese blue-chip stocks fail as curbs cloud outlook SHENZHEN, China, Sept 2 (Reuters) – The main districts of Chinese tech hub Shenzhen shut down public transport and … Read more

Glacial lake outbursts are on the rise in Pakistan as the country struggles with devastating floods

The country’s chief meteorologist has warned that this year alone, Pakistan has seen triple the usual amount of glacial lake outbursts — a sudden release of water from a lake fed by glacier melt — that can cause catastrophic flooding. Sardar Sarfaraz from Pakistan’s Meterological Department said Thursday that there have been 16 such incidents … Read more

From furnace to flood: the world’s hottest city in Pakistan now under water

JACOBABAD, Pakistan, Aug 31 (Reuters) – Not long ago, Sara Khan, principal at a school for disadvantaged girls in Jacobabad in southern Pakistan, looked on in alarm as some students passed out from the heat – the city was the world’s hottest at one point in May. Now, after heavy monsoon rains submerged large parts … Read more

Jacobabad: World’s hottest city in Pakistan now under water | Climate News

Not long ago, Sara Khan, principal at a school for disadvantaged girls in Jacobabad in southern Pakistan, looked on in alarm as some students passed out from the heat — the city was the world’s hottest at one point in May. Now, after heavy monsoon rains submerged large parts of the country, her classrooms are … Read more

Climate change: Pakistan emits less than 1% of the world’s planet-warming gases. It’s now drowning

This year, economic and political crises have converged in the South Asian nation of more than 230 million, as food and fuel prices soared and former leader Imran Khan was forced from office. Now its reeling with the worst floods in living memory. Swaths of Pakistan are now underwater after experiencing the heaviest rains on … Read more

Exclusive: US regulators to vet Alibaba, JD.com, other Chinese firms’ audits

Register now for FREE unlimited access to Reuters.com Register Alibaba, JD.com, Yum China notified of US audit inspection -sources Vetting of US-listed Chinese firms’ audits starts next month Follows landmark US-China audit deal Alibaba US-listed shares closed down nearly 3% on Tuesday HONG KONG, Aug 31 (Reuters) – US regulators have selected e-commerce majors Alibaba … Read more