By Leika Kihara WASHINGTON (Reuters) – The Bank of Japan may have scope to tweak its bond yield target this year on growing prospects the country will see a durable rise in wages, a senior International Monetary Fund official said on Saturday. Ranil Salgado, the IMF’s Japan mission chief, said the outcome of this year’s…
MOSCOW (Reuters) -Ukrainian and Russian armed forces are fighting extraordinarily bloody battles in the smashed eastern city of Bakhmut, but pro-Kyiv forces are still holding on, Ukraine’s military said on Saturday. Russia’s defence ministry said earlier in the day that fighters from the Wagner mercenary group had captured two more areas of Bakhmut, the main…
By Andrea Shalal and Jorgelina do Rosario WASHINGTON (Reuters) – A new international economic support package of $115 billion gives Ukraine more confidence that it can prevail in battling Russia’s invasion, amid growing recognition that the war could continue for longer than expected, Ukrainian Finance Minister Serhiy Marchenko said on Saturday. Marchenko said Group of…
WASHINGTON (Reuters) – A Chinese spy balloon that was shot down by the U.S. in February carried solar panels that could generate enough electricity to power a type of radar that can generate images at night and through clouds, the Washington Post reported on Saturday, citing leaked U.S. intelligence documents. The balloon’s surveillance capabilities were…
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON/NEW YORK (Reuters) – Zambia last week gave its bondholders a “concrete proposal” for the restructuring of some $3 billion in eurobonds, the ministry of finance and national planning said on Friday. “We continue to engage actively with our bondholders and proposals are being exchanged,” the ministry told…
By Kai Pfaffenbach SLOVIANSK, Ukraine (Reuters) – Russian missiles hit residential buildings in the eastern Ukrainian city of Sloviansk on Friday, killing 11 people, wounding 21 and reducing parts of apartment blocks to a tangled mess of metal and concrete. Eleven people were killed and 21 wounded, Ukrainian public braodcaster Suspilne reported on Saturday, citing…
(Reuters) – Rovio Entertainment, the company behind the mobile game Angry Birds, confirmed on Saturday that it is in talks with Japan’s Sega Sammy Holdings Inc over a possible tender offer. Rovio announced the start of a strategic review and preliminary non-binding discussions regarding a potential tender offer for its shares in February, a statement…
By Humeyra Pamuk HANOI (Reuters) -Vietnamese Prime Minister Pham Minh Chinh and U.S. Secretary of State Antony Blinken on Saturday expressed a desire to deepen their ties as Washington seeks to solidify alliances to counter an increasingly assertive China. In his first visit to the southeast Asian country as the top U.S. diplomat, Blinken…
By Riham Alkousaa BERLIN (Reuters) – Germany will pull the plug on its last three nuclear power stations by Saturday, ending a six-decade programme that spawned one of Europe’s strongest protest movements but saw a brief reprieve due to the Ukraine war. The smoking towers of Isar II, Emsland and Neckarwestheim II reactors were to…
(Reuters) – The International Monetary Fund is seeking “necessary” financing assurances from Pakistan as soon as possible to conclude a bailout pact with the South Asian nation, Bloomberg News reported on Saturday. Meetings between Pakistan and the IMF achieved agreement on the need to maintain strong policies and secure sufficient financing to support the country’s…
