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US House passes Xinjiang bill, prompting threat from China

Bloomberg The US House of Representatives overwhelmingly approved legislation that would impose sanctions on Chinese officials over human rights abuses against Muslim minorities, prompting Beijing to threaten possible retaliation just as the world’s two largest economies seek to close a trade deal. The bill is an amended version of the Senate’s S. 178 to support the Uighurs, a Muslim ethnic ...

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Floods, landslides kill 132 in Kenya

Bloomberg At least 132 people have been killed in floods and landslides caused by unusually heavy rainfall in Kenya. Around 17,000 were displaced and 11,000 livestock swept away by strong waters, government’s spokesman Cyrus Oguna said. More than half of the country has been affected, according to Oguna. The rains have helped alleviate the drought conditions across the country that ...

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Stocks advance on fresh hopes for US-China deal

Bloomberg US equity futures advanced with European stocks after a news report that China and America were moving closer to a trade deal, despite heated rhetoric. Treasuries and gold slipped. Contracts on three main American index futures rebounded after Bloomberg reported US negotiators expect a phase-one deal with China to be completed before tariffs are set to rise on December ...

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