SYDNEY (Reuters) – A woman imprisoned for 20 years over the deaths of her four children was pardoned by New South Wales state on Monday after a judicial review found there was reasonable doubt about the original convictions. Kathleen Megan Folbigg was convicted in 2003 for the murder of her three children and manslaughter of…
(Reuters) – Richard Teng, Binance’s head of regional markets outside the United States, is seen as the most likely candidate to succeed the cryptocurrency firm’s chief executive officer, Changpeng “CZ” Zhao, according to media reports. The issue of succession has taken on additional urgency, as the company has come under intense U.S. scrutiny in recent…
By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia on Monday named at least 67 current and former staff involved in the leak of confidential government tax plans in an unpublished letter to lawmakers ahead of parliamentary hearings later this week. PwC, one of the world’s “big four” audit and advisory firms, is battling to…
ISTANBUL (Reuters) – Air fares are moderating as capacity returns to the global airline network after the pandemic, Qantas Chief Executive Alan Joyce said on Monday. Airlines have been enjoying high air fares globally as travel rebounds faster than expected. Joyce said Qantas expects to restore its international network to 100% of pre-COVID-19 capacity by…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are set for a strong start on Monday, extending last week’s upward momentum and rising risk appetite on growing hopes the U.S. economy is headed for a ‘soft landing’ after Congress’s approval last week of a…
By Xinghui Kok, Raju Gopalakrishnan and Greg Torode SINGAPORE (Reuters) – Senior officials from about two dozen of the world’s major intelligence agencies held a secret meeting on the fringes of the Shangri-La Dialogue security meeting in Singapore this weekend, five people told Reuters. Such meetings are organised by the Singapore government and have been…
By Chen Lin and Kanupriya Kapoor SINGAPORE (Reuters) – Chinese Defence Minister Li Shangfu told Asia’s top security summit on Sunday that conflict with the United States would be an “unbearable disaster” but that his country sought dialogue over confrontation. Speaking at the Shangri-La Dialogue in Singapore, Li said the world was big enough for…
By Kanupriya Kapoor SINGAPORE (Reuters) -Indonesia’s defence minister on Saturday proposed a peace plan to end the war in Ukraine, calling for a demilitarised zone and a United Nations referendum in what he called disputed territory. Ukrainian foreign ministry spokesperson Oleg Nikolenko dismissed the plan, reiterating Kyiv’s position that Russia should withdraw its troops from…
By Chen Lin and Xinghui Kok SINGAPORE (Reuters) -U.S. Secretary of Defense Lloyd Austin rebuked China on Saturday for refusing to hold military talks, leaving the superpowers deadlocked over Taiwan and territorial disputes in the South China Sea. Speaking at the Shangri-La Dialogue, Asia’s top security summit, Austin said Beijing’s reluctance to talk undermined efforts…
By Chibuike Oguh NEW YORK (Reuters) -Global shares and U.S. Treasury yields rose on Friday following stronger-than-expected job growth data that raised investor expectations that the Federal Reserve could retain its interest rate hikes. Labor Department data showed on Friday that the U.S. economy added 339,000 jobs last month, significantly higher than most estimates and…
