By Hyunsu Yim SEOUL (Reuters) – Throngs of people have been milling seemingly aimlessly around the forecourt of a museum in central Seoul, brushing silently past each other with heads bent toward smartphones while fingers frantically tap screens – in the latest money-making trend. Walking 10,000 steps, completing tasks such as subscribing to social media,…
SEOUL (Reuters) – South Korea will voluntarily join a global stress test on banks, hoping to gain from a thorough analysis of risks they face on an international level, the country’s central bank and its financial regulator said on Monday. The Bank of Korea and the Financial Supervisory Service said in a joint statement that…
By Wayne Cole SYDNEY (Reuters) – Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Early action was sluggish in the wake of Friday’s surprisingly strong surveys of business…
(Reuters) -Russia on Sunday said its forces had advanced in Bakhmut while a top Ukrainian commander said his troops were holding the frontline through the city, all but destroyed in some of the bloodiest combat of the 14-month war. The Russian defence ministry said its forces had secured two blocks in western districts and airborne…
By Rae Wee SINGAPORE (Reuters) – The dollar began the last trading week of the month on the back foot, with traders awaiting a slew of central bank meetings in May for clues on when the steepest global monetary policy tightening campaign in years might come to a halt. Top of investors’ minds will be…
By Jeff Mason WASHINGTON (Reuters) -President Joe Biden’s team has picked Julie Chavez Rodriguez, a senior adviser at the White House and deputy campaign manager of his 2020 presidential campaign, to be his campaign manager for the 2024 election, according to a source familiar with the plan. Rodriguez, who is director of the White House…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Inflation figures from Singapore top the Asian economic calendar on Monday, kicking off a week in which eyes of the Asia Pacific region – and beyond – will be focused on the Bank of Japan’s first policy meeting…
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) -The armed forces of the United States and the United Kingdom have evacuated embassy staff from Sudan, while other nations rushed to get their citizens to safety as rival military factions battled in the capital Khartoum on Sunday. The eruption of fighting eight days ago between the…
By Daphne Psaledakis WASHINGTON (Reuters) – The U.S. Agency for International Development (USAID) has deployed a team of disaster response experts for Sudan in the region to coordinate the humanitarian response as fighting rocks the country, USAID head Samantha Power said on Sunday. In a statement, Power said the Disaster Assistance Response Team will operate…
By Valerie Volcovici WASHINGTON (Reuters) – The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions, sources said, as President Joe Biden’s administration enacts new rules to help decarbonize the power sector in 12 years. The Environmental Protection Agency as soon as this week is expected to unveil…
