Yellen: U.S. banking system remains sound
WASHINGTON (Reuters) – The U.S. banking system remains sound and the U.S. government will take “any necessary steps” to keep…
Asia
Eid shopping sees sharp drop as Pakistanis feel inflation pinch
By Ariba Shahid and Mubasher Bukhari KARACHI, Pakistan (Reuters) – Retail sales in Pakistan have witnessed a sharp drop compared…
Russian inflation risks must ease to make room for rate cut – central bank
MOSCOW (Reuters) -Inflationary risks in Russia must decrease in order to create room for interest rate cuts, Central Bank Governor…
India court acquits 69 Hindus of murder of 11 Muslims during 2002 riots
NEW DELHI (Reuters) – An Indian court on Thursday acquitted 69 Hindus, including a former minister from the ruling Bharatiya…
Taiwan’s Starlux pushes Airbus on deliveries as it adds long-haul routes
By Ben Blanchard TAIPEI (Reuters) – Taiwan’s Starlux Airlines Co Ltd is pushing Airbus SE to speed up deliveries as…
Israel cements ties to Turkmenistan on Iran’s border
ASHGABAT (Reuters) -Israeli Foreign Minister Eli Cohen inaugurated a permanent embassy in the Central Asian nation of Turkmenistan on Thursday,…
Exclusive-Pakistan makes its first purchase of discounted Russian oil
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan has placed its first order for discounted Russian crude oil under a deal…
India monetary tightening cycle not over, inflation remains a concern -MPC minutes
By Swati Bhat MUMBAI (Reuters) – India’s current rate tightening cycle may not be over as more hikes could be…
Ukraine appeals to NATO chief for membership and more arms
By Pavel Polityuk KYIV (Reuters) -Ukrainian President Volodymyr Zelenskiy told visiting NATO chief Jens Stoltenberg on Thursday it was time…
Woodford investors offered up to $292 million over fund failure
By Kirstin Ridley LONDON (Reuters) -More than 300,000 investors in the failed equity income fund run by one-time star stock…