By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said the central bank is unwavering in its stance of patiently maintaining ultra-loose monetary policy, reassuring markets Japan will be a dovish outlier as its global peers combat stubbornly high inflation. The recent rise in Japanese inflation above the BOJ’s 2% target is…
By Leika Kihara TOKYO (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said the central bank is unwavering in its stance of patiently maintaining ultra-loose monetary policy, reassuring markets Japan will be a dovish outlier as its global peers combat stubbornly high inflation. The recent rise in Japanese inflation above the BOJ’s 2% target is…
(Reuters) – Montana took the unusual step on Wednesday of banning Chinese-owned short video app TikTok, with lawmakers of the sparsely populated western U.S. state saying they aimed to protect residents from alleged intelligence gathering by China. TikTok, which is wildly popular with American teens and owned by Chinese tech company ByteDance, is already banned…
By Khalid Abdelaziz DUBAI (Reuters) – Mass looting by armed men and civilians is making life an even greater misery for Khartoum residents trapped by fierce fighting between Sudan’s army and paramilitary Rapid Support Forces (RSF), witnesses said. While the RSF dominates the capital on the ground and the army conducts frequent airstrikes, the witnesses…
By Joe Cash and Brenda Goh BEIJING (Reuters) – Global drugmaker AstraZeneca will seek to be a patriotic company in China that “loves the Communist Party”, its China president said at an event on Friday. Wang Lei, who is also the company’s global executive vice president, made the comments at an event in the eastern…
(Reuters) – The Hong Kong Stock Exchange said on Friday it would launch the new dual counter trading model on June 19, wherein investors would be able to begin interchanging securities listed in both Hong Kong dollar and renminbi counters. The bourse operator had late last year disclosed plans to amend the existing model of…
GENEVA (Reuters) – More than a million people have been displaced by fighting in Sudan so far, including a quarter of a million refugees, a U.N. Refugee Agency (UNHCR) spokesperson said on Friday. The army and paramilitary Rapid Support Forces have been locked in weeks of conflict that has killed hundreds of people and turned…
HIROSHIMA, Japan (Reuters) – Group of Seven (G7) leaders on Friday said they had ensured that Ukraine had the budget support it needs for this year and early 2024 as they renewed their commitment to provide financial and military support in its fight against Russia. “Today we are taking new steps to ensure that Russia’s…
NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi will meet Ukrainian President Volodymyr Zelenskiy on the sidelines of the G7 summit in Hiroshima, broadcaster CNN-News 18 reported on Friday, their first meeting since Russia invaded Ukraine in February 2022. News of the meeting came hours after Modi left New Delhi for Hiroshima, where he will…
By Andrew Hay TAOS, New Mexico (Reuters) -The gunman who shot dead three elderly women as he prowled a New Mexico neighborhood firing at cars this week had legally purchased an assault-style rifle, one of three weapons he used in the rampage, a month after he turned 18, police said on Tuesday. The suspect, whose…
