By Kirsty Needham SYDNEY (Reuters) -The former premier of Australia’s most populous state engaged in corrupt conduct involving another lawmaker with whom she was in a secret romantic relationship, a years-long corruption inquiry that examined business dealings with China said on Thursday. The New South Wales Independent Commission into Corruption (ICAC) said in a report…
TOKYO (Reuters) – Japanese automaker Toyota Motor on Thursday reported a 10% jump in global sales for May from a year earlier, benefiting from growth at home and other key markets on a recovery in the supply of chips and other parts. The company sold 838,478 vehicles globally last month, including its luxury car brand…
By Khanh Vu and Phuong Nguyen HANOI (Reuters) – Vietnam on Thursday reported faster economic growth in the second quarter, driven by the services sector, despite a slump in trade that analysts say could signal a slowdown ahead. Vietnam, a regional manufacturing hub, has been trying to prop up its economy amid slowing global demand,…
By Gram Slattery WASHINGTON (Reuters) – Florida Governor Ron DeSantis would seek to eliminate the Departments of Energy, Commerce and Education, as well as the Internal Revenue Service, if he were elected president, he suggested in a television interview on Wednesday. “We would do Education, we would do Commerce, we’d do Energy, and we would…
A look at the day ahead in European and global markets from Kevin Buckland The world’s biggest central banks all confirmed their policy stances from one venue on Wednesday, in the finale of the ECB’s Sintra forum. Today we see how much the inflation data backs those views up. Germany, Spain and Denmark all report…
By Raphael Satter WASHINGTON (Reuters) -The U.S. Department of Health and Human Services (HHS) was among those affected by a wide-ranging hack centered on a piece of software called MOVEit Transfer, a source at HHS said on Wednesday. “While no HHS systems or networks were compromised, attackers gained access to data by exploiting the vulnerability…
By Upasana Singh (Reuters) – Investors increased bearish bets on most Asian currencies, as a stuttering post-pandemic recovery in China, the world’s second-largest economy, weighed on sentiment, a Reuters poll showed on Thursday. Bearish bets on Thailand’s baht and the Malaysian ringgit rose to their highest since early November, while investors raised their short positions…
By Raphael Satter WASHINGTON (Reuters) -The U.S. Department of Health and Human Services (HHS) was among those affected by a wide-ranging hack centered on a piece of software called MOVEit Transfer, a source at HHS said on Wednesday. “While no HHS systems or networks were compromised, attackers gained access to data by exploiting the vulnerability…
By Amy Lv and Dominique Patton BEIJING (Reuters) – China is set to export the most steel this year since 2016, say analysts, as the weakening yuan and competitive prices help the world’s biggest producer offload surplus metal due to weak demand at home. China’s massive steel industry has been hard hit by a months-long…
