By Khalid Abdelaziz KHARTOUM (Reuters) -Fighting flared anew in Sudan late on Tuesday despite a ceasefire declaration by the warring factions, as a U.N. envoy said the truce was partially holding even though there was no sign that the two sides were ready for serious talks. The Sudan Armed Forces (SAF) and paramilitary Rapid Support…
HONG KONG (Reuters) – Hong Kong private home prices in March rose for the third month and edged up 1.4% from February, as the reopened border with China and a raft of new launches by property developers at attractive prices boosted market sentiment. The rise in home prices last month followed a revised 2.4% gain…
By Wayne Cole SYDNEY (Reuters) -Australian inflation eased from 33-year highs in the first quarter as the cost of living saw the smallest rise in more than a year, while core inflation dipped below forecasts suggesting less pressure for another hike in interest rates. Investors reacted by lengthening the odds on the Reserve Bank of…
By David Lawder WASHINGTON (Reuters) – Rapid aging of both wealthy and middle-income countries will make their economies increasingly dependent on migration from poorer countries, and the process needs to be better managed, the World Bank said on Tuesday. The bank’s latest World Development Report said that about 184 million people across the world now…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An unholy trinity of U.S. developments on Tuesday – poor corporate earnings, a bank’s value going up in smoke and slumping consumer confidence – will likely set an extremely gloomy tone for Asian markets on Wednesday. This will…
By Arathy Somasekhar HOUSTON (Reuters) -Oil dropped 2% to its lowest this month on Tuesday after two sessions of gains, as deepening concerns of an economic slowdown and a stronger dollar outweighed hopes of higher Chinese demand. Brent crude fell by $1.96, or 2.4%, to settle at $80.77 a barrel, its lowest close since March…
SEOUL (Reuters) – South Korean consumers’ inflation expectations fell in April to the lowest in nearly a year, a central bank survey showed on Wednesday, while overall consumer sentiment hit a 10-month high. The median of consumers’ inflation expectations for the next 12 months fell to 3.7% in April from 3.9% in March, according to…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The safe-haven dollar and yen rose on Tuesday as market sentiment turned risk-averse amid renewed worries about the banking sector and the outlook for the global economy, which knocked the euro off a nearly 10-month high. The U.S. dollar index climbed 0.6% to 101.83, having dropped more than…
By Foo Yun Chee BRUSSELS (Reuters) -Five Alphabet subsidiaries, two Meta Platforms units, two Microsoft businesses, Twitter and Alibaba’s AliExpress are among 19 companies subject to landmark EU online content rules, EU industry chief Thierry Breton said on Tuesday. The rules known as the Digital Services Act (DSA) require the companies to do risk management,…
By Sarah N. Lynch and Doina Chiacu WASHINGTON (Reuters) -British American Tobacco Plc has agreed to pay more than $635 million to U.S. authorities after a subsidiary pleaded guilty to charges that it conspired to violate U.S. sanctions by selling tobacco products to North Korea and commit bank fraud, a U.S. court filing and the…
