By Joyce Lee and Brenda Goh SEOUL/SHANGHAI (Reuters) -U.S.-based Micron Technology Inc on Monday forecast a hit to revenue in the low-single to high-single digit percentage after a ban by China on sale of its memory chips to key domestic industries marked the latest in the Sino-American trade dispute. China’s cyberspace regulator said late on…
LONDON (Reuters) – British Finance Minister Jeremy Hunt plans to raise concerns about the surge in food prices and discuss ways to ease the strain on families when he meets food manufacturers on Tuesday, his office said in a statement. “High food prices are proving stubborn so we need to understand what’s driving that,” Hunt…
By Daniel Wiessner (Reuters) – A group of Chinese citizens living in Florida sued the state on Monday to strike down a new law that would bar citizens of China and several other countries from owning homes and land in the state. The four plaintiffs represented by the American Civil Liberties Union (ACLU) said in…
By Pavel Polityuk KYIV (Reuters) -Russia said on Monday it was battling a cross-border incursion by saboteurs who burst through the frontier from Ukraine, in what appeared to be one of the biggest attacks of its kind since the war began 15 months ago. The governor of Russia’s Belgorod region, Vyacheslav Gladkov, said a Ukrainian…
By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Wall Street shares were mixed and European stocks finished little-changed as talks in Washington resumed to avert a U.S. default, while gold prices retreated under pressure from hawkish remarks by Federal Reserve officials. Oil prices finished higher on demand optimism. U.S. treasury yields rose. House Republican…
SEOUL (Reuters) – Consumer sentiment in South Korea improved in May to the highest level in a year, with their inflation expectations weakening, a central bank survey showed on Tuesday. The Consumer Sentiment Index rose to 98.0 in May from 95.1 in April, according to the Bank of Korea’s monthly survey of consumers. The index…
By Khalid Abdelaziz and Mohamed Nureldin KHARTOUM (Reuters) -A week-long ceasefire in Sudan got off to a shaky start on Monday as witnesses in the capital Khartoum reported fighter jets flights over the city and continued fighting in some areas. Heavy bombardments could be heard in east Khartoum, witnesses said, and one resident shared a…
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government’s bills only through June 1 without a debt limit increase, leaving just 10 days for White House negotiators and congressional Republicans to reach a deal. In her third letter to…
By Dawn Chmielewski LOS ANGELES (Reuters) – Writer Kyra Jones knew she would be taking a financial hit when she agreed to join the writers’ room for the Hulu comedy series “Woke.” The first payment she received for her share of the show’s digital rentals was a mere $4, before taxes, barely enough to buy…
(Reuters) – Tiger Woods will not compete in next month’s U.S. Open while he recovers from recent surgery, the major tournament’s organisers said on Monday. The 15-times major winner withdrew from the Masters midway through the tournament due to injury and had fusion surgery on a bone in his ankle last month to address post-traumatic…
