S&P 500, Nasdaq propped up by tech stocks; retail earnings awaited

(Reuters) – Technology-related shares lifted the S&P 500 and Nasdaq on Monday as investors turned to sectors that have been resilient to the shocks of the coronavirus pandemic, while awaiting the earnings of big retailers later this week. Chipmaker Nvidia Corp was among the top gainers on the Nasdaq, touching…

Japan considers ripping up 75 years of pacifism to acquire deadly missiles

Japanese officials are considering breaking a 75-year-long vow of pacifism as both North Korea and China flex their military muscles in the region. The country’s Prime Minister Shinzo Abe has reportedly opened discussions within his administration about acquiring missiles capable of hitting military targets – should they learn of an…

Lukashenko says he is ready to share power in Belarus as protests mount

MINSK (Reuters) – Facing growing protests that have posed the biggest challenge to his 26 years in power, President Alexander Lukashenko said on Monday he was ready to share power in Belarus, although not under pressure from the streets. His apparent concession came after exiled opposition politician Sviatlana Tsikhanouskaya said…

Japan PM leaves hospital after check-up amid health concerns

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe underwent a medical check-up in hospital on Monday, a government source said, amid concern voiced by a top official that the premier was suffering from fatigue from handling the coronavirus pandemic. Abe, Japan’s longest-serving prime minister, left hospital after the examination, Jiji…

Asia shares pause near highs, eyes on U.S. yields

SYDNEY (Reuters) – Asian shares dozed near recent highs in quiet trade on Monday as investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend, and maybe take some pressure off the beleaguered dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.02% lower at…

New Zealand PM Ardern postpones general election to October 17

WELLINGTON (Reuters) – New Zealand’s Prime Minister Jacinda Ardern on Monday postponed the general election by four weeks to Oct. 17 but ruled out delaying it any further, as the country tackles a new outbreak of the coronavirus. “Ultimately, the 17th of October … provides sufficient time for parties to…