By Yimou Lee and Roger Tung TAIPEI (Reuters) – China’s military has been flexing its muscles this week around Taiwan practicing joint force operations far out at sea, ahead of Taipei holding its annual war games at the end of the month when Taiwan will simulate breaking a Chinese blockade. China, which views democratically governed…
By Jamie McGeever ORLANDO, Florida (Reuters) -For the Fed and the U.S. economy, the hard bit starts now. Depending on the length of monetary policy’s ‘long and variable’ lag, a good chunk – perhaps even most – of the Federal Reserve’s 500 basis points of interest rate increases since March 2022 have yet to be…
(Reuters) – Aspartame, a popular artificial sweetener found in Diet Coke, chewing gum, yoghurt and other food products, is a “possible carcinogen” but it remains safe to consume at the existing daily intake guidelines, according to new rulings from two different World Health Organization-linked groups. WHAT IS ASPARTAME? Discovered in 1965 by American chemist James…
(Reuters) – Aspartame, the artificial sweetener used in products from Coca-Cola’s diet sodas to Mars’ Extra chewing gum, is the latest substance to be declared a possible carcinogen by the International Agency for Research on Cancer (IARC). Carcinogens are substances that have the potential to cause cancer to humans. According to the IARC, there are…
By Lewis Jackson, Stella Qiu and Wayne Cole SYDNEY (Reuters) – Reserve Bank Deputy Governor Michele Bullock will take over from Governor Philip Lowe in September and has already flagged that leading the country’s central bank through a period of change will be a major priority. Bullock, the first woman to helm the country’s central…
By Elisa Anzolin MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming up to protect their supply chains and the Italian roots of smaller companies, showing a new spirit of collaboration. Control of the supply chain has become increasingly important for luxury brands, ensuring products get to…
By Idrees Ali TOKYO (Reuters) – The United States and its allies need to speed up the delivery of weapons to Taiwan in the coming years to help the island defend itself, the top U.S. general said on Friday. The United States is Taiwan’s most important arms supplier. Beijing has repeatedly demanded the sale of…
By Leika Kihara TOKYO (Reuters) – The Bank of Japan is caught in a dilemma with growing prospects of sustained inflation heightening the case for an early tweak to its yield control policy, despite Governor Kazuo Ueda’s reassurances he would “patiently” maintain massive stimulus. The first test will come at the central bank’s policy meeting…
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Hollywood actors will go on strike at midnight on Thursday after talks with studios broke down, joining film and television writers who have been on picket lines since May and deepening the disruption of scores of shows and movies. Studios now face their first dual work…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. The dollar is down nearly 13% against a basket of currencies from last year’s two-decade high and stands at its lowest level in 15 months. Its decline quickened…
