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Tag: AU

  • AU Stock Price | AngloGold Ashanti Ltd. ADR Stock Quote (U.S.: NYSE) | MarketWatch

    AU Stock Price | AngloGold Ashanti Ltd. ADR Stock Quote (U.S.: NYSE) | MarketWatch

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    AngloGold Ashanti Ltd. ADR

    AngloGold Ashanti Ltd. engages in the exploration, mining, and production of gold. It operates through the following business segments: Africa, Australia, and Americas. The Africa segment consists of Ghana, Guinea, the DRC (Democratic Republic of the Congo), and Tanzania. The Americas segment comprises of Argentina, Brazil, and projects in Colombia and the United States. The company was founded in 1944 and is headquartered in Johannesburg, South Africa.

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  • Hong Kong police issue arrest warrants for eight overseas activists

    Hong Kong police issue arrest warrants for eight overseas activists

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    HONG KONG, July 3 (Reuters) – Hong Kong police on Monday accused eight overseas-based activists of serious national security offences including foreign collusion and incitement to secession and offered rewards for information leading to their arrest.

    The accused are activists Nathan Law, Anna Kwok and Finn Lau, former lawmakers Dennis Kwok and Ted Hui, lawyer and legal scholar Kevin Yam, unionist Mung Siu-tat, and online commentator Yuan Gong-yi, police told a press conference.

    “They have encouraged sanctions … to destroy Hong Kong and to intimidate officials,” Steve Li, an officer with the police’s national security department, told reporters.

    Issuing wanted notices and offering rewards of HK$1 million ($127,656) each, police said the assets of the accused would be frozen where possible and warned the public not to support them financially.

    The notices accused the activists of asking foreign powers to impose sanctions on Hong Kong and China.

    The activists are based in several countries, including the United States, Britain and Australia. Yam is an Australian citizen. They are wanted under a national security law that Beijing imposed on the former British colony in 2020, after the financial hub was rocked by protracted anti-China protests the previous year.

    The United States on Monday condemned the move through a U.S. State Department spokesman, who said it set “a dangerous precedent that threatens the human rights and fundamental freedoms of people all over the world.”

    British Foreign Secretary James Cleverly criticised the decision to issue the arrest warrants and said his government “will not tolerate any attempts by China to intimidate and silence individuals in the UK and overseas”.

    Australian Foreign Minister Penny Wong said her government was “deeply disappointed.” Australia, she said, has consistently expressed concern about the broad application of the national security law.

    Some countries, including the United States, say the law has been used to suppress the city’s pro-democracy movement and has undermined rights and freedoms guaranteed under a “one country, two systems” formula, agreed when Hong Kong returned to Chinese rule in 1997.

    Chinese and Hong Kong authorities say the law has restored the stability necessary for preserving Hong Kong’s economic success.

    ACTIVISTS DEFIANT

    Several of the accused activists said they would not cease their Hong Kong advocacy work.

    “It’s my duty … to continue to speak out against the crackdown that is going on right now, against the tyranny that is now reigning over the city that was once one of the freest in Asia,” Yam, a senior fellow with Georgetown University’s Center for Asian Law, told Reuters by telephone from Australia.

    “I miss Hong Kong but as things stand, no rational person would be going back,” added Yam, who police accused of meeting foreign officials to instigate sanctions against Hong Kong officials, judges and prosecutors.

    Former Democratic party lawmaker Ted Hui told Reuters the “bounty” adds to the arrest warrants already issued for him under the national security law, but “free countries will not extradite us”.

    “The bounty … makes it clearer to the western democracies that China is going towards more extreme authoritarianism,” he said in Australia, where he has lived since 2021 on a bridging visa.

    Anna Kwok, executive director of the Hong Kong Democracy Council, told Reuters from Washington she would not back down.

    “One key thing I urge President Biden to do immediately is to say a strong and firm NO to (Hong Kong chief executive) John Lee’s possible entry into the United States for November’s APEC meeting in San Francisco,” Kwok wrote.

    “He’s the man who has orchestrated the far-reaching transnational repression,” she said. “Bar John Lee.”

    Finn Lau, an activist based in London told Reuters the reward was motivated by the fact that many democratic countries had suspended extradition treaties with Hong Kong.

    Nathan Law, who obtained refugee status in the UK two years ago, said that people in Hong Kong should not cooperate. “We should not limit ourselves, self-censor, be intimidated, or live in fear,” he said on Twitter.

    Police told the press conference 260 people had been arrested under the national security law, with 79 of them convicted of offences including subversion and terrorism, but admitted that the chances of prosecution were slim if the defendants remained abroad.

    “We are definitely not putting on a political show nor disseminating fear,” Li, the police official, said.

    “If they don’t return, we won’t be able to arrest them, that’s a fact,” he said. “But we won’t stop wanting them.

    Reporting by James Pomfret and Jessie Pang; additional reporting by Kirsty Needham in Sydney and Dan Whitcomb in Los Angeles; Editing by Robert Birsel, Alison Williams and Conor Humphries

    Our Standards: The Thomson Reuters Trust Principles.

    Jessie Pang

    Thomson Reuters

    Jessie Pang joined Reuters in 2019 after an internship. She covers Hong Kong with a focus on politics and general news.

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  • Host India doesn’t want G20 to discuss further Russia sanctions – sources

    Host India doesn’t want G20 to discuss further Russia sanctions – sources

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    BENGALURU, Feb 22 (Reuters) – India does not want the G20 to discuss additional sanctions on Russia for its invasion of Ukraine during New Delhi’s one-year presidency of the bloc, six senior Indian officials said on Wednesday, amid debate over how even to describe the conflict.

    On the sidelines of a G20 gathering in India, financial leaders of the Group of Seven (G7) nations will meet on Feb. 23, the eve of the first anniversary of the invasion, to discuss measures against Russia, Japan’s finance minister said on Tuesday.

    The officials, who are directly involved in this week’s G20 meeting of finance ministers and central bank chiefs, said the economic impact of the conflict would be discussed but India did not want to consider additional actions against Russia.

    “India is not keen to discuss or back any additional sanctions on Russia during the G20,” said one of the officials. “The existing sanctions on Russia have had a negative impact on the world.”

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    Another official said sanctions were not a G20 issue. “G20 is an economic forum for discussing growth issues.”

    Spokespeople for the Indian government and the finance and foreign ministries did not immediately respond to requests for comment.

    On Wednesday, the first day of meetings to draft the G20 communique, officials struggled to find an acceptable word to describe the Russia-Ukraine conflict, delegates of at least seven countries present in the meetings said.

    India tried to form a consensus on the words by calling it a “crisis” or a “challenge” instead of a “war”, the officials said, but the discussions concluded without a decision.

    These discussions have been rolled over to Thursday when U.S. Treasury Secretary Janet Yellen will be part of the meetings.

    Indian Foreign Minister S. Jaishankar has previously said the war has disproportionately hit poorer countries by raising prices of fuel and food.

    India’s neighbours – Sri Lanka, Pakistan and Bangladesh – have all sought loans from the International Monetary Fund in recent months to tide over economic troubles brought about by the pandemic and the war.

    U.S. Deputy Treasury Secretary Wally Adeyemo said on Tuesday that Washington and its allies planned in coming days to impose new sanctions and export controls that would target Russia’s purchase of dual-use goods like refrigerators and microwaves to secure semiconductors needed for its military.

    The sanctions would also seek to do more to stem the trans-shipment of oil and other restricted goods through bordering countries.

    In addition, Adeyemo said officials from a coalition of more than 30 countries would warn companies, financial institutions and individuals still doing business with Russia that they faced sanctions.

    Indian Prime Minister Narendra Modi’s government has not openly criticised Moscow for the invasion and instead called for dialogue and diplomacy to end the war. India has also sharply raised purchases of oil from Russia, its biggest supplier of defence hardware.

    Jaishankar told Reuters partner ANI this week that India’s relationship with Russia had been “extraordinarily steady and it has been steady through all the turbulence in global politics”.

    Additional reporting by Krishn Kaushik; Writing by Krishna N. Das; Editing by Raju Gopalakrishnan and Nick Macfie

    Our Standards: The Thomson Reuters Trust Principles.

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  • New Zealand plans law to require Facebook, Google to pay for news

    New Zealand plans law to require Facebook, Google to pay for news

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    WELLINGTON, Dec 5 (Reuters) – The New Zealand government said it will introduce a law that will require big online digital companies such as Alphabet Inc’s (GOOGL.O) Google and Meta Platforms Inc (META.O) to pay New Zealand media companies for the local news content that appears on their feeds.

    Minister of Broadcasting Willie Jackson said in a statement on Sunday that the legislation will be modelled on similar laws in Australia and Canada and he hoped it would act as an incentive for the digital platforms to reach deals with local news outlets.

    “New Zealand news media, particularly small regional and community newspapers, are struggling to remain financially viable as more advertising moves online,” Jackson said. “It is critical that those benefiting from their news content actually pay for it.”

    The new legislation will go to a vote in parliament where the governing Labour Party’s majority is expected to pass it.

    Australia introduced a law in 2021 that gave the government power to make internet companies negotiate content supply deals with media outlets. A review released by the Australian government last week found it largely worked.

    Reporting by Lucy Craymer; Editing by Cynthia Osterman

    Our Standards: The Thomson Reuters Trust Principles.

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  • Biden and Xi clash over Taiwan in Bali but Cold War fears cool

    Biden and Xi clash over Taiwan in Bali but Cold War fears cool

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    • Biden, Xi meet for 3 hours before G20
    • Both leaders stress need to get ties back on track
    • Indonesia seeks partnerships on global economy at G20
    • Ukraine’s Zelenskiy to address G20 on Tuesday

    NUSA DUA, Indonesia, Nov 14 (Reuters) – U.S. President Joe Biden and Chinese President Xi Jinping engaged in blunt talks over Taiwan and North Korea on Monday in a three-hour meeting aimed at preventing strained U.S.-China ties from spilling into a new Cold War.

    Amid simmering differences on human rights, Russia’s invasion of Ukraine, and support of domestic industry, the two leaders pledged more frequent communications. U.S. Secretary of State Antony Blinken will travel to Beijing for follow-up talks.

    “We’re going to compete vigorously. But I’m not looking for conflict, I’m looking to manage this competition responsibly,” Biden said after his talks with Xi on the sidelines of the G20 summit in Indonesia.

    Beijing has long said it would bring the self-governed island of Taiwan, which it views as an inalienable part of China, under its control and has not ruled out the use of force to do so. It has frequently accused the United States in recent years of encouraging Taiwan independence.

    In a statement after their meeting, Xi called Taiwan the “first red line” that must not be crossed in U.S.-China relations, Chinese state media said.

    Biden said he sought to assure Xi that U.S. policy on Taiwan, which has for decades been to support both Beijing’s ‘One China’ stance and Taiwan’s military, had not changed.

    He said there was no need for a new Cold War, and that he did not think China was planning a hot one.

    “I do not think there’s any imminent attempt on the part of China to invade Taiwan,” he told reporters.

    On North Korea, Biden said it was hard to know whether Beijing had any influence over Pyongyang weapons testing. “Well, first of all, it’s difficult to say that I am certain that China can control North Korea,” he said.

    Biden said he told Xi the United States would do what it needs to do to defend itself and allies South Korea and Japan, which could be “maybe more up in the face of China” though not directed against it.

    “We would have to take certain actions that would be more defensive on our behalf… to send a clear message to North Korea. We are going to defend our allies, as well as American soil and American capacity,” he said.

    Biden’s national security adviser Jake Sullivan said before the meeting that Biden would warn Xi about the possibility of enhanced U.S. military presence in the region, something Beijing is not keen to see.

    Beijing had halted a series of formal dialogue channels with Washington, including on climate change and military-to-military talks, after U.S. House of Representatives Speaker Nancy Pelosi upset China by visiting Taiwan in August.

    Biden and Xi agreed to allow senior officials to renew communication on climate, debt relief and other issues, the White House said after they spoke.

    Xi’s statement after the talks included pointed warnings on Taiwan.

    “The Taiwan question is at the very core of China’s core interests, the bedrock of the political foundation of China-U.S. relations, and the first red line that must not be crossed in China-U.S. relations,” Xi was quoted as saying by Xinhua news agency.

    “Resolving the Taiwan question is a matter for the Chinese and China’s internal affair,” Xi said, according to state media.

    Taiwan’s democratically elected government rejects Beijing’s claims of sovereignty over it.

    Taiwan’s presidential office said it welcomed Biden’s reaffirmation of U.S. policy. “This also once again fully demonstrates that the peace and stability of the Taiwan Strait is the common expectation of the international community,” it said.

    SMILES AND HANDSHAKES

    Before their talks, the two leaders smiled and shook hands warmly in front of their national flags at a hotel on Indonesia’s Bali island, a day before a Group of 20 (G20) summit set to be fraught with tension over Russia’s invasion of Ukraine.

    “It’s just great to see you,” Biden told Xi, as he put an arm around him before their meeting.

    Biden brought up a number of difficult topics with Xi, according to the White House, including raising U.S. objections to China’s “coercive and increasingly aggressive actions toward Taiwan,” Beijing’s “non-market economic practices,” and practices in “Xinjiang, Tibet, and Hong Kong, and human rights more broadly.”

    Neither leader wore a mask to ward off COVID-19, although members of their delegations did.

    U.S.-China relations have been roiled in recent years by growing tensions over issues ranging from Hong Kong and Taiwan to the South China Sea, trade practices, and U.S. restrictions on Chinese technology.

    But U.S. officials said there have been quiet efforts by both Beijing and Washington over the past two months to repair relations.

    U.S. Treasury Secretary Janet Yellen told reporters in Bali earlier that the meeting aimed to stabilise the relationship and to create a “more certain atmosphere” for U.S. businesses.

    She said Biden had been clear with China about national security concerns regarding restrictions on sensitive U.S. technologies and had raised concern about the reliability of Chinese supply chains for commodities.

    G20 summit host President Joko Widodo of Indonesia said he hoped the gathering on Tuesday could “deliver concrete partnerships that can help the world in its economic recovery”.

    However, one of the main topics at the G20 will be Russia’s war in Ukraine.

    Xi and Putin have grown close in recent years, bound by their shared distrust of the West, and reaffirmed their partnership just days before Russia invaded Ukraine. But China has been careful not to provide any direct material support that could trigger Western sanctions against it.

    Reporting by Nandita Bose, Stanley Widianto, Fransiska Nangoy, Leika Kihara, David Lawder and Simon Lewis in Nusa Dua, and Yew Lun Tian and Ryan Woo in Beijing; additional reporting by Jeff Mason and Steve Holland in Washington; Writing by Kay Johnson and Raju Gopalakrishnan; Editing by Angus MacSwan, Grant McCool, Heather Timmons and Rosalba O’Brien

    Our Standards: The Thomson Reuters Trust Principles.

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  • North Carolina reports possible voter intimidation, threats ahead of midterm elections

    North Carolina reports possible voter intimidation, threats ahead of midterm elections

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    WASHINGTON, Nov 4 (Reuters) – North Carolina officials have registered 14 instances of potential intimidation or interference with voters and election workers in the run-up to Tuesday’s U.S. midterm elections, according to records provided to Reuters on Friday.

    The alleged incidents come as grassroots poll observers, many recruited by prominent Republican Party figures and activists, fan out in the lead-up to Tuesday’s vote, a trend that has worried experts and officials.

    Many of the activists have embraced false conspiracy theories, spread by former President Donald Trump, which hold that the 2020 election was marred by fraud and that the upcoming congressional elections are similarly vulnerable.

    Incident reports released to Reuters on Friday show that the North Carolina State Board of Elections is tracking eight instances of potential voter intimidation, one of potential voter interference and five of potential interference with election workers during early voting. The alleged incidents are spread across nine counties and include major metropolitan areas such as Mecklenburg County, where Charlotte is located, as well as more rural areas.

    It is not the only state where officials have raised concerns. Arizona late last month asked the Justice Department to investigate a case of possible voter intimidation, and officials there have since said they have observed several more possible instances of intimidation.

    In several other states, aggressive canvassing tactics by Republican-aligned groups have raised voter intimidation concerns among election officials and voting rights lawyers.

    Nearly 36 million Americans have so far cast early ballots, either at in-person sites or by mail, according to a tally by the U.S. Election Project.

    Signs direct voters into a polling station during the 2020 U.S. presidential election in Durham, Durham County, North Carolina, U.S., November 3, 2020. REUTERS/Jonathan Drake

    Most of the North Carolina incidents, which were described in only general terms, involved photographing, videotaping or yelling at voters and officials, the reports show.

    In Mecklenburg County, observers allegedly approached election workers as they returned to a government office and photographed their license plates. In one case in Columbus County in the state’s southeast, an observer allegedly followed an election worker in his or her car.

    Katherine Horn, chair of Columbus County’s election board, told Reuters that the sheriff’s office was looking into the incident.

    Harnett County, north of Fayetteville, had recorded two incidents, one in late October involving an individual who stood extremely close to poll workers and another on Friday involving individuals who were videotaping voters, said county election director Claire Jones.

    “The State Board and its law enforcement partners are monitoring several isolated incidents of possible voter or poll worker harassment or intimidation, as well as cases of aggressive campaigning outside polling places,” Karen Brinson Bell, executive director of the North Carolina State Board of Elections, said in a statement.

    “We take these incidents very seriously. When they occur, we will work with our law enforcement partners on appropriate responses.”

    North Carolina officials noted unusually aggressive observers during May’s primary election in 16 counties.

    Reporting by Gram Slattery; Editing by Scott Malone and Aurora Ellis

    Our Standards: The Thomson Reuters Trust Principles.

    Gram Slattery

    Thomson Reuters

    Washington-based correspondent covering campaigns and Congress. Previously posted in Rio de Janeiro, Sao Paulo and Santiago, Chile, and has reported extensively throughout Latin America. Co-winner of the 2021 Reuters journalist of the Award in the business coverage category for a series on corruption and fraud in the oil industry. He was born in Massachusetts and graduated from Harvard College.

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