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China's Railway System Sets New Passenger Record During National Day Holiday

China's Railway System Sets New Passenger Record During National Day Holiday

On the first day of China's National Day holiday, October 1st, the country's railway industry transported an unprecedented 25.204 million passengers, marking the highest number ever recorded in a single day. This figure indicates a significant surge in travel demand during the holiday period. For October 2nd, China's railway industry anticipated serving approximately 20.39 million passengers and planned to add 1,462 extra trains to accommodate the continued high demand. Advance ticket sales data revealed that major cities like Beijing, Guangzhou, and Shanghai were among the top departure points on October 2nd, while also being popular destinations for returning passengers. High-traffic routes included Guangzhou-Nanning, Xi'an-Chengdu, and routes connecting Beijing to Shenyang, Zhengzhou, and Qingdao.

Oil rises slightly as market weighs mixed supply signals

Oil rises slightly as market weighs mixed supply signals

By Helen Clark PERTH, Oct 2 (Reuters) - Oil prices drifted slightly higher on Friday after China halted fuel exports, while the Wall Street Journal reported that the US is sending more troops and carriers to the Middle East as it also tries to make Europe draw down more emergency diesel.

China's first Tibetan UFC fighter chases title dream and inspires fans

China's first Tibetan UFC fighter chases title dream and inspires fans

By Chenxi Yang and Nicoco Chan SHANGHAI, Oct 2 (Reuters) - Lately, Su Mudaerji's dreams have been mainly about fighting. Sometimes, he wakes replaying imagined rounds. On other nights, his subconscious takes him back to the Tibetan plateau, riding a horse and eating a barbecue under an open sky.

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

Nike plans more job cuts to boost sputtering turnaround, forecasts steep revenue drop

By Danielle Kaye and Angela Christy M Oct 1 (Reuters) - Nike is deepening its restructuring under CEO Elliott Hill as its woes in China intensify, announcing a plan to cut more jobs and shake up its global business divisions after the sportswear giant projected a surprisingly steep drop in full-year

Nike plans more job cuts, geographic changes after forecasting sharp revenue drop

Nike plans more job cuts, geographic changes after forecasting sharp revenue drop

By Danielle Kaye and Angela Christy M Oct 1 (Reuters) - Nike deepened its restructuring under CEO Elliott Hill on Thursday, announcing a plan to cut more jobs and shake up its global business divisions after the struggling sportswear giant projected a surprisingly steep drop in full-year revenue.

Seoul's anger with Kyiv over POWs may be driven by worries about its ties to North Korea

Seoul's anger with Kyiv over POWs may be driven by worries about its ties to North Korea

South Korea’s president has threatened to take unspecified punitive steps against Ukraine if it refuses to apologize over its revelation of a supposedly secret transfer of two North Korean prisoners of war to South Korea

Equip Outdoor Technologies Sells Lowe Alpine Brand Rights to China-Based ATG Brands Data Limited

Equip Outdoor Technologies Sells Lowe Alpine Brand Rights to China-Based ATG Brands Data Limited

Morning Bid: Inflation relief gives bonds little reprieve

Morning Bid: Inflation relief gives bonds little reprieve

A look at the day ahead in European and global markets from Rae Wee Asian markets ushered in the final quarter of the year on a muted note on Thursday, though bond markets remained firmly in focus for investors as yields hovered at multi-year highs.

Oil prices rise $3 as China suspends fuel exports

Oil prices rise $3 as China suspends fuel exports

By Robert Harvey and Siddharth Cavale NEW YORK, Oct 1 (Reuters) - Brent benchmark oil prices rose by $3 on Thursday after China suspended oil products exports, potentially tightening fuel markets already coping with supply shortages globally, while investors continued to assess diplomatic efforts to

International Coffee Organization Launches Interactive Data Platform, U.S. Remains Outside Membership

International Coffee Organization Launches Interactive Data Platform, U.S. Remains Outside Membership

International Coffee Organization Launches Interactive Data Platform, U.S. Remains Outside Membership

Global bond rout deepens, pushes US Treasury yields to 24-year peak

Global bond rout deepens, pushes US Treasury yields to 24-year peak

By Alun John, Dhara Ranasinghe, Ankur Banerjee and Gertrude Chavez-Dreyfuss LONDON/SINGAPORE/NEW YORK, Oct 1 (Reuters) - Global bonds came under heavy selling pressure again on Thursday, sending borrowing costs from the United States to France and Japan to multi-decade highs and underscoring

Morning Bid: Bond bruise won't heal

Morning Bid: Bond bruise won't heal

By Mike Dolan Oct 1 (Reuters) - A new month, a new quarter - but the bond squeeze goes on, with the 10-year US Treasury yield hitting a 24-year high on Thursday.