MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador’s National Regeneration Movement (MORENA) is poised to win the governorship of the State of Mexico, the state’s electoral institute forecast on Sunday. A preliminary estimate showed MORENA’s candidate Delfina Gomez was on track to win 52.1-54.2% support, while opposition contender Alejandra del Moral was expected…
TOKYO (Reuters) – Japan’s service sector activity expanded at a record pace in May, a private-sector survey showed on Monday, thanks to a recovery in overseas demand and a surge of foreign tourists as pandemic restrictions were eased further. The final au Jibun Bank Japan Services purchasing managers’ index (PMI) rose to a seasonally adjusted…
TOKYO (Reuters) – Japan’s service sector activity expanded at a record pace in May, a private-sector survey showed on Monday, thanks to a recovery in overseas demand and a surge of foreign tourists as pandemic restrictions were eased further. The final au Jibun Bank Japan Services purchasing managers’ index (PMI) rose to a seasonally adjusted…
By Florence Tan SINGAPORE (Reuters) – A global shortfall in crude oil supply is set to deepen in the third quarter as the world’s top exporter Saudi Arabia pledged extra output cuts from July in a move likely to push Brent towards $100 a barrel by the end of the year, analysts said. Oil prices…
By Tim Reid (Reuters) – Republican presidential hopeful Nikki Haley, U.N. ambassador under former President Donald Trump, went after her ex-boss and 2024 rival Ron DeSantis on Sunday over their refusal to say whether they want Ukraine to win its war against Russia. In recent town hall events, Trump, the favorite for the Republican presidential…
By Vivek Mishra BENGALURU (Reuters) – Home prices in India are set to hold above consumer inflation, even though interest rates are expected to stay higher for longer than previously thought, a Reuters poll of property analysts found. A surge in savings and minimal income disruption to cash-rich home buyers during the pandemic led to…
JERUSALEM (Reuters) -Israeli Prime Minister Benjamin Netanyahu on Sunday called the killing of three soldiers by a member of the Egyptian security services a terrorist attack and demanded a full joint investigation with Cairo. Egypt says it is working with Israel to investigate the incident which occurred on Saturday. “Israel relayed a clear message to…
(Reuters) – Russian police on Sunday arrested more than 100 people who had taken to the streets to mark the 47th birthday of Alexei Navalny, Russia’s most prominent opposition leader, a protest monitoring group said. OVD-Info said in a statement that 109 people had been detained in 23 cities as of 10:42 p.m. Moscow time…
By Florence Tan SINGAPORE (Reuters) – Oil prices jumped more than $1 a barrel on Monday after the world’s top exporter Saudi Arabia pledged to cut production by another 1 million barrels per day from July, counteracting macroeconomic headwinds that have depressed markets. Brent crude futures were at $77.64 a barrel, up $1.51, or 2%,…
By Stella Qiu SYDNEY (Reuters) – Asian shares extended a global rally on Monday on optimism the Federal Reserve would pause its rate hikes this month after a mixed U.S. jobs report, while oil jumped as Saudi Arabia pledged big output cuts in July. Brent oil jumped $1.82, or 2.4%, to $77.95 a barrel, while…
