By Sakura Murakami TOKYO (Reuters) -Foreign ministers of the Group of Seven nations will focus on the security of both Europe and the Indo-Pacific as they gather in Japan from Sunday against a worrying backdrop of the war in Ukraine and China’s growing assertiveness. The three-day meeting in the resort town of Karuizawa also…
By John Revill and Noele Illien ZURICH/BERN (Reuters) -Switzerland’s tradition of dependable consensus politics has taken a battering after the government used an emergency law to push through a state-backed mega-merger of UBS and Credit Suisse, sidelining the country’s parliament. Switzerland’s two parliamentary chambers voted to reject the government’s 109 billion Swiss francs ($122.82 billion)…
By John Revill and Noele Illien ZURICH/BERN (Reuters) -Switzerland’s tradition of dependable consensus politics has taken a battering after the government used an emergency law to push through a state-backed mega-merger of UBS and Credit Suisse, sidelining the country’s parliament. Switzerland’s two parliamentary chambers voted to reject the government’s 109 billion Swiss francs ($122.82 billion)…
BEIJING (Reuters) -China’s new home prices rose in March at the fastest pace in 21 months, official data showed on Saturday, as continued government policy support helped prop up demand amid a broader push for an economic recovery. New home prices in March edged up 0.5% month-on-month after a 0.3% rise in February, marking the…
BEIJING (Reuters) – China’s new home prices rose at the fastest pace since June 2021 in March, official data showed on Saturday, as continued government policy support helped prop up demand amid a broader push for an economic recovery. New home prices in March edged up 0.5% month-on-month compared with a 0.3% rise in February,…
By Horacio Soria and Juan Carlos Bustamante BUENOS AIRES (Reuters) -Argentina’s annual inflation rate soared to 104.3% in March, the official statistics agency said on Friday, one of the highest rates in the world, straining people’s wallets and stoking a cost-of-living crisis that has pushed up poverty. The inflation reading for the month came in…
BALLINA, Ireland (Reuters) -U.S. President Joe Biden broke down in tears on Friday after a chance meeting at an Irish church with the priest who performed the last rites on his son Beau, a priest who accompanied Biden during the visit said. Father Richard Gibbons, who led Biden on a tour of the Catholic shrine…
By Michel Rose and Elizabeth Pineau PARIS (Reuters) – Hours before France’s top judges breathed new life into his widely denounced plans to make people work longer for their state pensions, President Emmanuel Macron was his usual defiant self. “Never give up, that’s my motto,” he said, as he visited Notre-Dame on the anniversary of…
NEW YORK (Reuters) – Societe Generale SA agreed to pay $105 million to settle U.S. investor litigation accusing the French bank of violating antitrust law by conspiring with rivals to rig Euribor, a key European interest rate benchmark. A preliminary settlement was filed late Friday with the U.S. District Court in Manhattan, and requires a…
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON (Reuters) -A committee of Sri Lanka’s international private creditors sent its first debt rework proposal to the country’s authorities regarding over $12 billion in bonds outstanding, according to three sources with direct knowledge of the matter. It is the first bondholder proposal after the island-nation of 22…
