(Reuters) – The Hong Kong Stock Exchange said on Friday it would launch the new dual counter trading model on June 19, wherein investors would be able to begin interchanging securities listed in both Hong Kong dollar and renminbi counters. The bourse operator had late last year disclosed plans to amend the existing model of…
GENEVA (Reuters) – More than a million people have been displaced by fighting in Sudan so far, including a quarter of a million refugees, a U.N. Refugee Agency (UNHCR) spokesperson said on Friday. The army and paramilitary Rapid Support Forces have been locked in weeks of conflict that has killed hundreds of people and turned…
HIROSHIMA, Japan (Reuters) – Group of Seven (G7) leaders on Friday said they had ensured that Ukraine had the budget support it needs for this year and early 2024 as they renewed their commitment to provide financial and military support in its fight against Russia. “Today we are taking new steps to ensure that Russia’s…
NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi will meet Ukrainian President Volodymyr Zelenskiy on the sidelines of the G7 summit in Hiroshima, broadcaster CNN-News 18 reported on Friday, their first meeting since Russia invaded Ukraine in February 2022. News of the meeting came hours after Modi left New Delhi for Hiroshima, where he will…
By Andrew Hay TAOS, New Mexico (Reuters) -The gunman who shot dead three elderly women as he prowled a New Mexico neighborhood firing at cars this week had legally purchased an assault-style rifle, one of three weapons he used in the rampage, a month after he turned 18, police said on Tuesday. The suspect, whose…
By Lisa Richwine LOS ANGELES (Reuters) – Walt Disney Co will shutter its immersive Star Wars-themed luxury hotel in Orlando this September, less than two years after it opened, as the media giant cuts costs throughout its entertainment and parks businesses. Disney announced the closing of the two-night “Star Wars: Galactic Starcruiser” hotel and experience…
BERLIN (Reuters) – German producer prices posted their slowest annual increase in two years in April, according to data released on Friday, in a tentative sign that inflation may ease further in Europe’s largest economy. Producer prices of industrial products were up 4.1% in April on the same month last year following a 6.7% rise…
By Byron Kaye and Lewis Jackson SYDNEY (Reuters) -Australia’s Westpac Banking Corp said it will refinance loans for some borrowers who don’t meet an industry standard that assesses their ability to repay, putting pressure on the bank regulator to relax guidelines after a year of interest rate hikes. The country’s No. 2 mortgage provider has…
By Byron Kaye and Lewis Jackson SYDNEY (Reuters) -Australia’s Westpac Banking Corp said it will refinance loans for some borrowers who don’t meet an industry standard that assesses their ability to repay, putting pressure on the bank regulator to relax guidelines after a year of interest rate hikes. The country’s No. 2 mortgage provider has…
(Reuters) – A French government plane is taking Ukrainian President Volodymyr Zelenskiy to the Arab League Summit in Saudi Arabia and will later take him to the G7 leaders’ summit in the Japanese city of Hiroshima, a source familiar with the matter told Reuters. Zelenskiy will attend the Arab League summit later on Friday, the…
