By Jonathan Stempel NEW YORK (Reuters) – CoinEx agreed to pay $1.8 million and be banned from operating in New York to settle state Attorney General Letitia James’ lawsuit accusing the cryptocurrency exchange of operating illegally because it failed to register with the state. A proposed settlement was filed on Wednesday in a New York…
WASHINGTON (Reuters) – The United States targeted North Korea’s missile development in fresh sanctions, issuing the punitive action after South Korea earlier on Thursday said its neighbor fired two short-range missiles. The South Korean military said North Korea fired two short-range missiles off its east coast on Thursday, less than an hour after Pyongyang warned…
By Hyonhee Shin SEOUL (Reuters) -Several thousand South Korean and U.S. troops took part in joint live-fire exercises on Thursday, in a show of force after North Korea’s failed attempt last month to launch a spy satellite ratcheted up tensions in the region. The drills, overseen by South Korean President Yoon Suk Yeol, are also…
(Refiles to correct name in paragraph 15) By Laurie Chen BEIJING (Reuters) – A senior employee of the Beijing-based Asian Infrastructure Investment Bank (AIIB) said on Thursday he was advised to flee the country after resigning from the bank in protest over what he alleged was Chinese Communist Party influence. Bob Pickard, a Canadian national…
(Changes headline, lead and paragraphs 2, 8 and 9 to show plan is for production of electric motorcycles, not motorcycle batteries) MANILA (Reuters) – China’s Yadea Group Holdings, one of the world’s biggest electric two-wheeled vehicle makers, plans to invest about $1 billion in an e-motorcycle factory in the Philippines, the country’s investment promotions agency…
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. A day after the Federal Reserve took markets by surprise with a hawkish message, it’s the European Central Bank’s turn in the hot seat. Short-dated government bond yields in the United States and Europe are heading back up and bullish stock…
Siemens’ 2 billion-euro ($2.17 billion) investment plan, announced on Thursday, is more than double the company’s cumulative investment spending over the past two years and will create over a thousand jobs, CEO Roland Busch told Reuters. The head of the German engineering giant, which said it will build new factories, research and development centers and…
SYDNEY (Reuters) – Papua New Guinea’s parliament has begun debating a defence deal with the United States, with Prime Minister James Marape acknowledging the concerns of some students and unions ahead of a vote to ratify it in August. The defence agreement will allow U.S. forces to refurbish and develop infrastructure for military and civilian…
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida said on Thursday he would not dissolve parliament in the coming days, following weeks of speculation that he might do so to call a snap election in the hopes of solidifying his power within the ruling party. Talk of a dissolution surfaced a few weeks ago as…
By Renju Jose SYDNEY (Reuters) -Australia said on Thursday it would introduce legislation to parliament to cancel Russia’s lease to build a new embassy in the national capital of Canberra, citing national security. The move follows the conclusion of a long-running litigation regarding the leased site after the federal court ruled last month that an…
