Taiwan or China? Paraguay’s dilemma puts election race in the spotlight

By Lucinda Elliott and Daniela Desantis ASUNCION (Reuters) – From Paraguayan capital Asuncion to Taipei and Washington, diplomats, officials – and farmers – are closely watching a tight election race that could determine Paraguay’s future ties with Taiwan. Paraguay will vote for its next president on April 30, choosing between a ruling party candidate pledging…

Read More

Kremlin: Putin to decide whether to attend BRICS meeting in S.Africa closer to time

MOSCOW (Reuters) – The Kremlin said on Monday that President Vladimir Putin would decide whether to attend a BRICS conference in South Africa in August closer to the time. South Africa, a party to the International Criminal Court (ICC), maintains good relations with Russia but would be theoretically required to arrest Putin under an ICC…

Read More

Factbox-Lu Shaye: Chinese envoy who questioned Ukraine’s sovereignty no stranger to controversy

By Yew Lun Tian BEIJING (Reuters) – Outrage over China’s ambassador to France questioning the sovereignty of former Soviet countries like Ukraine reverberated across Europe on Monday as Beijing distanced itself from the envoy’s remarks by reaffirming its respect for their status. It is not the first time Lu Shaye, 58, a prominent practitioner of…

Read More

Guatemala not asking Taiwan for ‘free money’, does not owe debt like Honduras

TAIPEI (Reuters) – Guatemala is not asking for “free money” from Taiwan and does not owe debt in the same way Honduras does, but is looking for long-term investment and trade, senior Guatemalan financial officials said on Monday. Guatemala is one of only 13 countries to maintain formal diplomatic ties with Chinese-claimed Taiwan. Honduras abandoned…

Read More

Exclusive-China guides banks to further cut deposit rates – sources

(Reuters) – China nudged banks this month to cut deposit interest rates further, seven people with knowledge of the matter said, in the latest effort to channel the country’s vast savings pool into spending and more productive investments. Members of China’s “interest rate self-regulatory mechanism,” mostly banks, met this month and were urged to reduce…

Read More

South Koreans tap cash-giving apps to help offset rising living costs

By Hyunsu Yim SEOUL (Reuters) – Throngs of people have been milling seemingly aimlessly around the forecourt of a museum in central Seoul, brushing silently past each other with heads bent toward smartphones while fingers frantically tap screens – in the latest money-making trend. Walking 10,000 steps, completing tasks such as subscribing to social media,…

Read More