KUALA LUMPUR (Reuters) – Malaysia is negotiating with other countries to speed up the return of fugitive financier Low Taek Jho, wanted for his role in the multibillion-dollar 1MDB scandal, Prime Minister Anwar Ibrahim said on Friday. Low, better known as Jho Low, has been charged in Malaysia and the United States for allegedly masterminding…
LONDON (Reuters) – Global copper smelting activity slid in April to the lowest level in two years as Chinese operations shut for maintenance and plants in North America slowed down, data from satellite surveillance of metal processing plants showed on Friday. In Central Asia, smelters in Turkey and Kazakhstan were inactive at the end of…
A look at the day ahead in U.S. and global markets from Mike Dolan Big Tech delivered again, as another earnings beat from the world’s biggest firm soothed investor nerves over U.S. regional banks and the debt ceiling row – and Friday’s release of the April employment report. Apple, the world’s largest company by market…
By Greg Torode, Eduardo Baptista and Tim Kelly HONG KONG (Reuters) – When China sailed one of its two active aircraft carriers, the Shandong, east of Taiwan last month as part of military drills surrounding the island, it was showcasing a capability that it has yet to master and could take years to perfect. As…
By Eva Mathews and Radhika Anilkumar (Reuters) – IHG Plc Chief Executive Keith Barr will step down next month after six years at the helm, the Holiday Inn-owner said on Friday, sending its shares down despite strong first-quarter results driven by a rebound in Chinese demand. The 52 year-old American plans to return to his…
SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese said on Friday he was frustrated for not yet finding a diplomatic fix over the continued detention of Julian Assange and that he remained concerned about the mental health of the WikiLeaks’ founder. “I know it’s frustrating, I share the frustration,” Albanese told ABC television from London…
BEIJING (Reuters) – China will hold a rare joint military exercise with its landlocked neighbour Laos this month as Beijing tries to bolster security ties with regional allies to counter an expanding U.S. presence in Southeast Asia. Southern Theater Command, one of the five theatre commands of the People’s Liberation Army, will send troops to…
By Tom Wilson and Angus Berwick LONDON (Reuters) – Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian firms connected to the Islamist Hamas group, documents released by the country’s counter-terror authorities…
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s economy grew faster than expected in the first quarter, as consumer and government spending offset a slowdown in exports and investment in Southeast Asia’s largest economy. Gross domestic product (GDP) expanded 5.03% in the January to March quarter from a year earlier, data from Statistics Indonesia…
(Reuters) – Russian Foreign Minister Sergei Lavrov said on Friday that Wednesday’s drone incident at the Kremlin was a “hostile act” and Russia would respond with “concrete actions”. Russia has accused Ukraine of firing drones at the Kremlin in an attempt to kill President Vladimir Putin, and said the United States was behind the purported…
