Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Beijing shuts schools as COVID restrictions impact 165 million Chinese citizens

Published

on

China has introduced lockdown measures in its two biggest cities, in a bid to stamp out COVID outbreaks

Beijing and Shanghai are both in complete lockdown, where residents are undergoing a series of tests to minimise China’s COVID spread.

Around 165 million residents are reported to be under the measures.

Shanghai is at the centre of the latest outbreak, reporting upwards of 10 thousand new cases a day.

Meanwhile, Beijing officials have shut schools and imposed targeted lockdowns on some residential buildings to confine the outbreak.

Shanghai’s month long lockdown

This week, Shanghai entered its fifth week of restrictions.

Strict stay-at-home orders mean citizens can only leave home to get tested.

This has created food and medical shortages in the city, as people rely on the state for supplies.

In addition to this, reports of people being fenced into residential buildings surfaced this week, raising concerns from human rights advocates.

Yaqiu Wang of the Human Rights Watch says people are suffering “tremendously” because of the lockdown.

a lot of people have died, not from Covid but from not being able to access medical care for their non Covid related illnesses,”

yaqiu wang, human rights watch

On Wednesday, Shanghai authorities announced neighborhoods with no cases in the past two weeks can start to ease lockdown measures.

It is unclear how long freedoms will last, with lockdowns set to be reinstated if a single case is recorded.

Beijing’s fight to avoid Shanghai-style restrictions

Today the Chinese government intensified lockdown measures in Beijing, with the suspension of all schools, weddings and funerals.

After a rise in cases this week, there had been widespread speculation that the city could be facing enhanced restrictions.

This prompted a comprehensive round of testing, covering 20 million residents, approximately 90 per cent of the city’s population.

The testing spree incited fears of lockdown amongst citizens, and sparked incidents of panic buying as residents look to stock up on supplies before being placed under wider restrictions.

“I can understand the panic, given what happened in Shanghai.”

Shi Wei, resident of beijing

Elsewhere across the country, partial lockdowns are in place for 27 other cities.

By Bryan Hoadley

Continue Reading

News

Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

Published

on

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.


The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#EpsteinFiles #WhiteHouse #Trump #SenateVote #JusticeDepartment #USPolitics #Transparency #TickerNews


Download the Ticker app

Continue Reading

News

Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

Published

on

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.


Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#NvidiaEarnings #TechStocks #StockMarket #ASX #GlobalMarkets #Investing #MarketUpdate #TickerNews


Download the Ticker app

Continue Reading

News

Tech stocks on edge ahead of Nvidia

Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.

Published

on

Nvidia’s earnings report could impact tech sector trends, prompting analysis of profit-taking versus deeper market concerns.


With Nvidia’s crucial earnings on deck, expectations are sky-high and the outcome could set the tone for the entire tech sector.

Chris Weston from Pepperstone breaks down whether this rotation signals simple profit-taking or deeper market concerns.

#TechStocks #Nvidia #Markets #Investing #FinanceNews


Download the Ticker app

Continue Reading

Trending Now