(Reuters) -U.S. scientists have achieved net energy gain in a fusion reaction for the second time since December, the Lawrence Livermore National Laboratory said on Sunday. Scientists at the California-based lab repeated the fusion ignition breakthrough in an experiment in the National Ignition Facility (NIF) on July 30 that produced a higher energy yield than…
By Kevin Yao and Samuel Shen BEIJING (Reuters) – China’s promised “basket of measures” to defuse local government debt risks is likely to include special bond issuance, debt swaps, loan rollovers, and something Beijing really loathes: dipping into the central budget. Local governments are fundamental to China’s economy, with Beijing tasking provincial and city officials…
By Renju Jose SYDNEY (Reuters) – An Australian inquiry said in a report on Monday that it had found serious misconduct by a public prosecutor in connection with the trial of a former political staffer accused of raping a colleague in Parliament House. Brittany Higgins, an ex-staffer for former defence industry minister Linda Reynolds, went…
By Kevin Buckland and Brigid Riley TOKYO (Reuters) – Japanese government bond yields fell from multi-month highs on Monday, mirroring a sharp retreat in their U.S. peers at the end of last week after data showed U.S. jobs growth had cooled. The 30-year JGB yield fell 2 basis points (bps) to 1.595%, after reaching 1.63%…
By Moussa Aksar, David Lewis and David Gauthier-Villars NIAMEY (Reuters) – Niger’s coup was the culmination of months of acrimony between President Mohamed Bazoum and his chief guard over the leader’s attempts to emerge from the shadow of his predecessor, people familiar with the matter said. Since taking over from his political godfather Mahamadou Issoufou…
(Reuters) -Inflation data from the U.S. and UK growth numbers will show how some of biggest economies are bearing up, while markets are trying to interpret China’s stimulus efforts and a series of emerging market central bank meetings are due. Here is a look at the week ahead from Laura Matthews in New York, Tom…
By Joe Cash BEIJING (Reuters) – China’s exports likely contracted further in July, as manufacturers in the world’s second-largest economy struggled for buyers in markets grappling with high inflation and rising interest rates, a Reuters poll showed on Monday. Data for July are expected to show a 12.5% fall in outbound shipments from a year…
By Brigid Riley TOKYO (Reuters) – Japanese authorities are unlikely to intervene in foreign exchange markets to prop up the yen as the currency has already found some support and will head much higher as U.S. interest rates peak, former finance official Eisuke Sakakibara said. Sakakibara gained a reputation as a market mover in the…
NEW YORK (Reuters) – The blockbuster film “Barbie” has topped $1 billion in box office ticket sales worldwide since its July 21 debut, Warner Bros. Pictures, a unit of Warner Bros. Discovery, announced on Sunday. In a statement, Warner Bros. said the fantasy-comedy movie has taken in $459 million from domestic theaters – counting the…
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s annual headline inflation was weaker than expected in July, helped by lower food and energy prices, and the commerce ministry said on Monday it projected smaller consumer price rises for the rest of the year. The headline consumer price index (CPI) increased 0.38% in July…
