By Sarah N. Lynch and Kanishka Singh WASHINGTON (Reuters) -A federal grand jury has indicted a U.S. Air National Guardsman accused of leaking top-secret military intelligence records online, the Justice Department said in a statement on Thursday. Jack Douglas Teixeira, 21, of North Dighton, Massachusetts, was indicted on six counts of willful retention and transmission…
By Anirban Sen (Reuters) – English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s Sheikh Jassim bin Hamad al-Thani in talks to sell itself for more than $6 billion, people familiar with the matter said on Thursday. While a deal remains uncertain, the development represents a major milestone in…
By Elaine Lies TOKYO (Reuters) -Japan enacted a law on Friday meant to promote understanding of the LGBT community that critics say provides no human rights guarantees, though some conservative lawmakers said the measure is too permissive. Japan, the only Group of Seven (G7) nation that does not have legal protection for same-sex unions, had…
By Nell Mackenzie and Kirstin Ridley LONDON (Reuters) -Wall Street firms are poised to reassess how they vet hedge funds, industry sources and experts say, following a race to cut ties with Odey Asset Management after founder Crispin Odey was accused of sexual misconduct in the press. The Financial Times and Tortoise Media, in a…
By Rae Wee SINGAPORE (Reuters) – The yen lost some ground after the Bank of Japan on Friday kept ultra-low interest rates and forecast that inflation will slow later this year – reiterating its dovish stance that runs counter to hawkish policies taken by peers globally. As widely expected, the BOJ maintained its -0.1% short-term…
By Rae Wee and Patturaja Murugaboopathy SINGAPORE (Reuters) – Thailand’s stock market has become the symbol of investor disenchantment with China’s economic reopening, going from market darling in January to Asia’s second-worst performing market by June, with little sign of a turnaround. Not only has the promised export boom and tourism boost from China’s return…
By Samuel Indyk, Lucy Raitano and Alun John LONDON (Reuters) – European equities and the euro look set to lose out to U.S. markets in the months ahead, as a stellar run in early 2023 has fizzled out in the face of tepid global economic performance and the AI hype that has brought a sparkle…
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Hawkish central banks have sent a resounding “no” to markets betting recession would force rate cuts soon, leaving money managers scrambling for direction as the second half of the year approaches. The U.S. Federal Reserve on Wednesday paused its most aggressive rate hiking cycle in decades, but…
By Ira Dugal MUMBAI (Reuters) – A sequential increase in merchandise imports in May that led to the trade deficit widening to a five-month high signalled a stable local economy, economists said. Merchandise imports advanced 14.5% over the previous month to $57.1 billion, while exports inched up 0.7% to $35 billion. The merchandise trade deficit…
By Stella Qiu SYDNEY (Reuters) -In 2018 Paul Wang left his home in Beijing to start a new life in Australia, investing A$1 million ($680,000) in a food processing business in the hopes of qualifying for permanent residency under the country’s investment visa scheme. Five years on, his hopes for his family of three remain…
