By Byron Kaye and Renju Jose SYDNEY (Reuters) -Australia said it would regulate buy-now-pay-later services as a consumer credit product under new laws, forcing BNPL providers to carry out background checks before lending in what would be one of the world’s toughest regimes for the startup sector. The move would put companies like Afterpay, owned…
By Renee Maltezou and Lefteris Papadimas ATHENS (Reuters) -Greece’s ruling New Democracy party stormed to a crushing victory in a parliamentary election on Sunday but fell just short of the threshold needed to form a government on its own, making a runoff election in a month more likely. With most votes counted, conservative New Democracy…
SEOUL (Reuters) – South Korean exports in the first 20 days of May fell 16.1% from a year earlier and imports dropped by 15.3%, customs agency data showed on Monday. The country’s trade balance came in at a $4.3 billion deficit for the May 1-20 period, the data showed. That compares with a 14.2% decline…
By Katya Golubkova and Sakura Murakami HIROSHIMA, Japan (Reuters) -The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil products, the IEA’s Executive Director Fatih Birol said. The G7, the…
ATHENS (Reuters) -Greece’s conservative New Democracy party achieved a crushing victory in a national election on Sunday, official results showed. New Democracy had a lead of 40.8% of the vote based on 94.3% of the votes counted versus 20.1% for the leftist Syriza party, but fell just short of the threshold needed to form a…
ATHENS (Reuters) -Greek conservatives were leading over the leftist Syriza in elections on Sunday, a joint exit poll by six polling agencies showed. The exit poll gave the conservative New Democracy party between 37.5-41.5% of the vote versus 23.5-27.5% for the Syriza party, which governed the country in 2015-2019, at the peak of Greece’s financial…
By Dan Peleschuk and Jeff Mason HIROSHIMA, Japan (Reuters) -Ukraine’s Volodymyr Zelenskiy on Sunday drew a parallel between the destruction of Bakhmut and the horror of Hiroshima, evoking the symbolism of mass destruction as he wrapped up a surprise appearance at the Group of Seven (G7) summit in Japan. The Ukrainian president’s arrival in Hiroshima…
By Khalid Abdelaziz and Mohamed Nureldin KHARTOUM (Reuters) -Air strikes and clashes between Sudan’s warring factions could be heard in the capital Khartoum on Sunday, residents said, after a Saudi and U.S.-brokered deal for a week-long ceasefire raised hopes of a pause in the five-week conflict. The deal, signed on Saturday by the army and…
THE HAGUE (Reuters) – Three Dutch nationals died when their light aircraft crashed in a mountainous region of northwestern Croatia, the Dutch ministry of foreign affairs said on Sunday. The crash happened at about noon local time on Saturday in a forest near the town of Ogulin, Croatian air investigators said, after a Dutch-registered aircraft…
HIROSHIMA, Japan (Reuters) – Ukraine’s Volodymyr Zelenskiy on Sunday drew a parallel between the destruction of Bakhmut and the horror of Hiroshima, evoking the symbolism of mass destruction as he wrapped up a surprise appearance at the Group of Seven (G7) summit in Japan. UKRAINE * U.S. President Joe Biden said he had received a…
