By Hyonhee Shin SEOUL (Reuters) -South Korea has upgraded its U.S. alliance, President Yoon Suk Yeol said on Tuesday, as he briefed his cabinet on a trip to the United States which pledged more South Korean insight into nuclear planning in the event of war with North Korea. Yoon held a summit with U.S. President …
South Korea’s Yoon says nuclear group upgrades U.S. alliance Read More »
BANGKOK (Reuters) – Thailand’s exports are likely to rise 1% this year as China’s economy has started to recover, the Thai shippers’ council said on Tuesday. Exports, a key driver of Thai growth, were not as weak expected in the first quarter and should improve in the remaining months of the year, Chaichan Chareonsuk, chairman …
Thai exports seen up 1% this year – shippers’ group Read More »
By Byron Kaye and Archishma Iyer (Reuters) – Top Australian grocer Woolworths Group Ltd posted a bigger than expected rise in third-quarter sales as shoppers bought more of its cheaper house-brand products to cut costs amid spiralling living expenses. The March quarter update illustrates the impact on non-discretionary consumption patterns in the country after a …
Coffee at home: Australia Woolworths’ sales jump as shoppers cut costs Read More »
SYDNEY (Reuters) – Australia said on Tuesday it will pay military personnel A$50,000 ($33,165) to stay beyond an initial service period, days after a review found its defence posture was “not fit for purpose” amid rising competition between the United States and China. Defence Minister Richard Marles said the number of defence personnel was 3,400 …
Australia to pay soldiers bonus to stay as strategic risks rise Read More »
Por Leika Kihara (Reuters) – El Fondo Monetario Internacional elevó el lunes las previsiones económicas para Asia, ya que la recuperación de China apuntalará el crecimiento, pero advirtió de los riesgos de una inflación persistente y de la volatilidad de los mercados mundiales, impulsada por los problemas del sector bancario occidental. Según el FMI, la …
(Reuters) – Logitech International posted a 22% drop in fourth-quarter sales on Tuesday, as growing worries of an economic downturn continue to hinder the computer peripherals maker from maintaining the growth experienced during the pandemic. The Swiss company said its sales for the three months to March-end fell to $960 million, compared with $1.23 billion …
Logitech Q4 sales plunge 22% as economic downturn worries weigh Read More »
By Leika Kihara and Jihoon Lee INCHEON, South Korea (Reuters) -Asian finance leaders will on Tuesday look for ways to tighten safeguards to address emergency funding needs during pandemics and natural disasters, as global recession fears and volatile financial markets cloud the economic outlook. The impact of U.S. interest rate increases on the region’s capital …
Asian finance leaders look to improve market safeguards Read More »
By Ben Kellerman and Doyinsola Oladipo NEW YORK (Reuters) – American basketball star Brittney Griner stepped onto the red carpet at the star-studded Met Gala on Monday, embracing a larger spotlight months after returning home from detention in a Russian penal colony. The twice Olympic champion has pledged to advocate for the release of other …
Griner embraces growing platform at Met Gala months after return from Russia Read More »
KYIV (Reuters) -Ukrainian units have ousted Russian forces from some positions in Bakhmut amid fierce battles, a top Ukrainian general said on Monday, as the White House believes that more than 20,000 Russian fighters have been killed in Ukraine since December. “The situation (in Bakhmut) is quite difficult,” Col. Gen. Oleksandr Syrskyi, the Ukrainian commander …
Ukrainian defenders oust Russian forces from some positions in Bakhmut -Ukraine general Read More »
By Choonsik Yoo SEOUL (Reuters) -South Korea’s consumer inflation eased for a third consecutive month to a 14-month low in April and the central bank expects the downward trend to persist for some time, supporting the market’s view that its policy tightening cycle is over. The consumer price index (CPI) stood 3.7% higher in April …
South Korea inflation hits 14-month low, backs view rate-hike cycle is over Read More »
