By Yoruk Bahceli and David Milliken LONDON (Reuters) – Britain’s government bond market has seen its heaviest sell-off since last autumn’s “mini-budget” crisis, lifting two-year borrowing costs to their highest since July 2008 – but investors say there’s far less reason for panic than last year, and maybe even a bargain. Two-year gilt yields hit…
By Jonathan Landay and Andrew Gray (Reuters) – NATO members are racing to complete a plan to provide long-term support to Ukraine, but are wrestling with how best to assure the country’s security until it can join the military alliance, according to U.S. and European officials. With four weeks to go until a NATO summit…
By Sameer Manekar (Reuters) – Investors cut back short bets on emerging Asian currencies as most local central banks maintained their hold stance on interest rates, but remained in bearish territory for Malaysian ringgit and China’s yuan, a Reuters poll showed on Thursday. Since all the 10 poll responses were received before the U.S. Federal…
By Sofia Menchu GUATEMALA CITY (Reuters) -A Guatemalan court on Wednesday sentenced Jose Zamora, a well-known journalist whose work has criticized successive governments, to six years in prison for money laundering in a case that rights groups have branded an attack on free speech. Zamora has said the case against him is a “political persecution”…
(Reuters) – Japan is in talks to provide artillery shells to the United States to bolster stocks for Ukraine’s counteroffensive against Russia, the Wall Street Journal said on Thursday. The Asian nation is considering supplying 155-mm. artillery shells under a 2016 pact to share ammunition as part of its long-standing security alliance with the United…
(Reuters) -German fashion house Hugo Boss on Thursday said it expected its sales to grow more by 2025 than it had originally envisioned, citing strong demand across its markets. The company forecast sales of 5 billion euros ($5.4 billion) by 2025, compared to the previous target of 4 billion euros, which it expects to meet…
SYDNEY (Reuters) – An Australian senator on Thursday said she was followed, aggressively propositioned and inappropriately touched by another senator in parliament house, and called on the government to make the building safer for women. In a tearful address in parliament, independent senator Lidia Thorpe said she has decided not to pursue legal action or…
SYDNEY (Reuters) -Australia’s most decorated war veteran, found by a civil court to have played a part in the murder of four Afghans while serving in Afghanistan, said he was devastated by what he called an “incorrect” judgement and he would not apologise for his actions. In his first public comments since the court ruling,…
By Nick Carey and Barbara Lewis (Reuters) – Graphene added to tyres could replace the toxic chemical 6PPD, U.S. startup Carbon Rivers says, as pressure mounts on the auto industry to eliminate the widely-used compound that has polluted waterways and been found to be lethal to some fish. Later this year, California is expected to…
By Davide Barbuscia and David Randall NEW YORK (Reuters) – A hawkish message from the Federal Reserve amid a robust stock market rally is presenting investors with a conundrum: how to maintain exposure to rising equities while also guarding against the possible upheavals tighter monetary policy can bring. The central bank left rates unchanged on…
