By Soo-hyang Choi SEOUL (Reuters) – North Korea will launch its first military reconnaissance satellite in June for monitoring U.S. activities, state media KCNA reported on Tuesday, drawing criticism over its potential use of banned missile technology. Ri Pyong Chol, vice-chairman of the Central Military Commission of the North’s ruling Workers’ Party, denounced ongoing joint…
By Mike Scarcella WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday declined to hear a bid by a New York lawyer to restrict how much money federal prosecutors can take from his 401(k) retirement accounts to compensate fraud victims after he was convicted in a scheme involving former pharmaceutical executive Martin Shkreli. The justices…
MOSCOW (Reuters) – Russia’s central bank issued a hawkish signal on Tuesday, just over a week before it is next due to set interest rates, warning that pro-inflationary risks of growing consumer demand and a weakening rouble could require tighter monetary policy. The bank is determined to bring annual inflation back to its 4% target…
(Reuters) – China has declined a request from the United States for a meeting between their defense chiefs at an annual security forum in Singapore this weekend, media reported on Monday, a new sign of strain between the powers. “Overnight, the PRC informed the U.S. that they have declined our early May invitation for Secretary…
KAMPALA (Reuters) – Uganda’s President Yoweri Museveni signed one of the world’s toughest anti-LGBTQ laws, including the death penalty for “aggravated homosexuality”, drawing Western condemnation and risking sanctions from aid donors. Same-sex relations were already illegal in Uganda, as in more than 30 African countries, but the new law goes further. It stipulates capital punishment…
By Jane Lanhee Lee OAKLAND, California (Reuters) – Canadian AI computer design startup Tenstorrent said on Tuesday it was partnering with South Korea’s consumer electronics firm LG Electronics Inc to build chips that power smart TVs, automotive products and data centers. Tenstorrent, started in 2016, designs computers to train and run artificial intelligence models and…
BRUSSELS (Reuters) – European Union governments decided on Tuesday to nearly double the amount of EU financial support to Moldova to a total of 295 million euros ($324.74 million), the Swedish presidency of the EU said. The decision comes just days before a meeting of the European Political Community in Moldova on June 1, as…
By Shreyashi Sanyal (Reuters) – Wall Street’s main indexes were set to open higher on Tuesday as lawmakers tentatively agreed to raise the nation’s debt limit to avert a default, while shares of Nvidia led a rally among chipmakers and AI-related firms. U.S. President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on…
(Reuters) – Yields on Treasury bills that are due in early June dropped on Tuesday on optimism that Congress will pass a deal to raise the country’s debt ceiling and avoid a potential default. A bipartisan deal to raise the $31.4 trillion U.S. debt ceiling now faces a series of votes in Congress, with both…
By Parisa Hafezi DUBAI (Reuters) – A Revolutionary Court in Iran on Tuesday began the trial of a female journalist behind closed doors on charges linked to her coverage of a Kurdish-Iranian woman whose death in custody last year sparked months of unrest, her husband said on Twitter. Mahsa Amini’s death while held by the…
