By Leika Kihara and Takahiko Wada TOKYO (Reuters) -Japan’s consumer inflation held steady above the central bank’s target in March and an index excluding fuel costs rose at the fastest annual pace in four decades, data showed, indicating broadening price pressure in the world’s third-largest economy. The data may keep alive market expectations that the…
By Byron Kaye SYDNEY (Reuters) – Fox Corp CEO Lachlan Murdoch dropped a defamation lawsuit against an Australian news site over an opinion piece he said accused him of complicity in the Jan. 6 attack on the U.S. Capitol, saying the defendant was trying to generate publicity. Murdoch’s lawyer in Australia said his client was…
By Rae Wee SINGAPORE (Reuters) – The dollar was eyeing its first weekly gain in more than a month on Friday as bets for another rate hike by the U.S. Federal Reserve in May firm, though its gains were capped by soft economic data pointing to a slowing economy. In Asia, Japan’s consumer inflation held…
By Brendan O’Brien (Reuters) -Teams of emergency crews on Thursday picked through flattened homes left in the wake of a powerful tornado that killed at least three people in central Oklahoma a day earlier. Two of the fatalities were reported in McClain County, while the third occurred in a nearby county, Sheriff’s Deputy Scott Gibbons…
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) – U.N. Secretary-General Antonio Guterres appealed to Sudan’s warring factions to observe a ceasefire over the Muslim Eid al-Fitr holiday to allow civilians to reach safe areas as rival forces battled for a sixth day on Thursday. Thousands of civilians streamed out of the capital Khartoum as…
TOKYO (Reuters) – Japan’s manufacturing activity shrank at the slowest pace in six months in April on a softer decline in sales, while the service-sector stayed solid, a preliminary survey showed on Friday, suggesting a patchy post-COVID economic recovery. The au Jibun Bank flash Japan manufacturing purchasing managers’ index (PMI) rose to a seasonally adjusted…
WASHINGTON (Reuters) -Two dozen arms control advocates have urged President Joe Biden to use next month’s G7 summit in Hiroshima, which was hit by the first U.S. atomic bombing of World War Two, to reaffirm a U.S. commitment to nuclear disarmament and readiness for arms control talks with Russia and China. The advocates, including several…
By Doyinsola Oladipo (Reuters) – The California attorney general and the attorneys general of 17 other states on Thursday asked a federal regulator to recall Hyundai and Kia vehicles, saying they are more likely to be stolen because they lack safety features that are standard in other cars. Hyundai Motor Co and Kia Corp vehicles…
By Doyinsola Oladipo (Reuters) – The California attorney general and the attorneys general of 17 other states on Thursday asked a federal regulator to recall Hyundai and Kia vehicles, saying they are more likely to be stolen because they lack safety features that are standard in other cars. Hyundai Motor Co and Kia Corp vehicles…
By Suban Abdulla LONDON (Reuters) – British consumers were their most upbeat in more than a year this month, despite the surging cost of living, as they took a more positive view of their finances and the health of the wider economy, market research firm GfK said on Friday. GfK’s Consumer Confidence Index rose for…
