By Jihoon Lee SEOUL (Reuters) -South Korea’s consumer inflation cooled more than expected in July to its slowest in 25 months, official data showed on Wednesday, supporting market views that the monetary tightening cycle was over contrary to the central bank’s hawkish rhetoric. The consumer price index stood 2.3% higher in July than a year…
By Layli Foroudi and Zhifan Liu PARIS (Reuters) – France began the evacuation of hundreds of French and European citizens from Niger on Tuesday, a day after neighbours Mali and Burkina Faso said any outside intervention to restore the ousted government would be seen as a declaration of war. A military junta overthrew Niger’s democratically…
(Corrects last name of KPMG partner to Bellangero, not Belangero, throughout the story) By Carolina Pulice and Andre Romani SAO PAULO/MEXICO CITY (Reuters) – Brazilian retailer Americanas’ management received several notices of accounting deficiencies and inadequate internal controls, a partner at accounting firm KPMG said on Tuesday, issues at the heart of fraud that became…
(Reuters) – One person was killed and 56 were injured when a bus rolled over near the Grand Canyon in Arizona, officials said. Eight of those injured were flown to hospitals and others who suffered non-critical injuries were taken by ground transportation, the Hualapai tribe’s emergency operations said in a statement. A tour bus collided…
By Daina Beth Solomon MEXICO CITY (Reuters) -A labor dispute at Grupo Mexico’s San Martin mine in Mexico’s Zacatecas state, where the U.S. raised concerns over alleged worker rights abuses, does not meet the criteria for review under a regional trade deal, Mexico said on Tuesday. Mexico’s rejection of the U.S. complaint filed in June…
By Dan Whitcomb (Reuters) – Two of former U.S. President Donald Trump’s top rivals for the 2024 Republican presidential nomination criticized the Justice Department on Tuesday for indicting him on charges of conspiring to overturn his 2020 election loss. But Mike Pence, Trump’s former vice president, a potential witness in the case and a Republican…
By Kevin Buckland TOKYO (Reuters) – U.S. Treasury yields edged down in Tokyo on Wednesday after ratings agency Fitch lowered the country’s top credit rating. The 10-year Treasury note declined about 3.2 basis points (bps) to 4.015% as of 0017 GMT, retracing part of its 9 bps rise from Tuesday. Fitch overnight downgraded the U.S….
WASHINGTON (Reuters) – Even as former U.S. President Donald Trump was indicted for a third time on Tuesday, numerous people in his orbit have been charged with various crimes, with some still awaiting trial. Six Trump associates, none of whom were named, were listed as co-conspirators in Tuesday’s indictment. Prosecutors said they helped spread Trump’s…
BEIJING (Reuters) – China should encourage its citizens to join counter-espionage work, including creating channels for individuals to report suspicious activity as well as commending and rewarding them, the state security ministry said on Tuesday. A system that makes it “normal” for the masses to participate in counter-espionage must be established, wrote the Ministry of…
By Max A. Cherney and Chavi Mehta (Reuters) -Advanced Micro Devices on Tuesday forecast a strong finish to the year, driven by the planned launch of artificial-intelligence chips that could compete with Nvidia semiconductors. AMD shares rose about 3% in after-hours trading. CEO Lisa Su said AMD is set to ramp up production of its…
