By Mark Trevelyan (Reuters) -Russian foreign intelligence chief Sergei Naryshkin said on Wednesday that he and CIA counterpart William Burns had discussed “what to do with Ukraine” in a phone call late last month, Russia’s TASS news agency said. The New York Times and Wall Street Journal reported on June 30 that Burns had called…
SEOUL (Reuters) – South Korea’s import prices fell in annual terms for a fifth month in June and marked the steepest drop in more than eight years, central bank data showed on Thursday, an indication of easing inflationary pressure. The import price index was 15.7% lower than the same month the year before, after a…
By Asif Shahzad ISLAMABAD (Reuters) -The International Monetary Fund’s board approved a $3 billion bailout programme for Pakistan which will immediately disburse about $1.2 billion to help stabilise the South Asian ailing economy, the lender said on Wednesday. Pakistan and the Fund reached a staff level agreement last month, securing a short-term pact, which got…
By Lawrence Delevingne (Reuters) -Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S. inflation data showed a slowdown in the seemingly relentless rise of consumer prices. The Consumer Price Index (CPI) gained just 0.2% last month, the Labor Department said on Wednesday, lifted by rises in gasoline prices…
By James Pearson LONDON (Reuters) -Hackers suspected of working for Russia’s foreign intelligence agency targeted dozens of diplomats at embassies in Ukraine with a fake used car advert in a bid to break into their computers, according to a cybersecurity firm report published on Wednesday. The wide-reaching espionage activity targeted diplomats working in at least…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar crashed to its lowest in more than a year on Wednesday after data showed the rise in U.S. consumer prices moderated in June, suggesting the Federal Reserve may have to raise interest rates only one more time this year. The dollar index dropped to as low…
By Josh Smith, Kantaro Komiya and Hyonhee Shin SEOUL/TOKYO (Reuters) -North Korea fired an intercontinental ballistic missile (ICBM) off its east coast on Wednesday, prompting condemnation from the U.S. as well as the leaders of South Korea and Japan who met on the sidelines of a NATO summit. The missile flew for 74 minutes to…
WASHINGTON (Reuters) – U.S. President Joe Biden will host Italian Prime Minister Giorgia Meloni at the White House on July 27, and the two leaders will discuss issues including the Ukraine war and transatlantic cooperation regarding China, the White House said on Wednesday. They will “reaffirm the strong relationship between the United States and Italy,”…
WASHINGTON (Reuters) – The State Department on Wednesday said it has no reason to doubt Microsoft’s accusation that Chinese state-linked hackers since May have secretly accessed email accounts at around 25 organizations, including U.S. government accounts, in a stealthy cyberespionage campaign. State Department spokesperson Matthew Miller said the agency had detected anomalous activity in June…
By Laura Sanicola (Reuters) -Oil prices settled higher on Wednesday, with benchmark Brent futures breaching $80 a barrel for the first time since May, after U.S. inflation data spurred hopes the Federal Reserve may have fewer interest rate hikes in store for the world’s biggest economy. U.S. data showed consumer prices rose modestly in June…