By Jonathan Stempel NEW YORK (Reuters) -Donald Trump suffered a legal defeat on Tuesday as the U.S. government reversed its earlier position that the former president could be immune from the writer E. Jean Carroll’s $10 million defamation lawsuit against him. In a letter to Trump’s and Carroll’s lawyers, the U.S. Department of Justice said…
By Stella Qiu SYDNEY (Reuters) -Australia’s top central banker said on Wednesday he is confident higher interest rates are working to cool inflation but it is possible they will have to rise further, suggesting a decision on whether to resume hiking in August may be a close one. Reserve Bank of Australia Governor Philip Lowe…
By Kate Lamb and Stanley Widianto JAKARTA (Reuters) -ASEAN foreign ministers on Wednesday called for regional unity in addressing an intensifying conflict in Myanmar, amid doubts over the bloc’s capability to implement a two-year-old peace process that has yet to get off the ground. The gathering of the Association of Southeast Asian Nations (ASEAN) in…
By Valentina Za, Giuseppe Fonte and Gavin Jones ROME/MILAN (Reuters) – Italy’s hopes of transforming its economy with billions of euros of European Union pandemic recovery funds are unravelling fast, businesses on the ground say, with inefficiencies at all levels raising the risk of a greater boost to debt than to growth. In mid-2020 Rome…
(Reuters) -The armed confrontation in Ukraine will continue until the West gives up plans to dominate and defeat Moscow, Russian Foreign Minister Sergei Lavrov said in an interview with an Indonesian newspaper published on Wednesday. The goal of the “US-led collective West” is to strengthen its global hegemony, Lavrov told the Kompas newspaper. Lavrov is…
By Heekyong Yang and Ju-min Park SUWON, South Korea (Reuters) – The trial of a South Korean chip executive accused of stealing sensitive information developed by Samsung Electronics began on Wednesday in a case that underscores South Korea’s crackdown on industrial espionage. Prosecutors have alleged that Choi Jinseog, a former Samsung Elec executive and a…
By Idrees Ali CAMP SMITH, Hawaii (Reuters) – The United States’ top general met his South Korean and Japanese counterparts for a rare trilateral meeting in Hawaii on Tuesday, as North Korea conducted its latest ballistic missile test launch. Washington has been pressing the uneasy neighbors to work more closely to better counter rising threats…
SEOUL (Reuters) – South Korean President Yoon Suk Yeol is set to meet Japanese Prime Minister Fumio Kishida on Wednesday on the sidelines of a NATO summit, with the release of radioactive water from the Fukushima nuclear plant and North Korea expected on the agenda. Japan plans to soon start releasing more than a million…
By Renju Jose SYDNEY (Reuters) – Australia Treasurer Jim Chalmers said on Wednesday the cabinet would meet soon to decide the next governor of the country’s central bank, after local media reported that a government decision could be reached as early as this week. Markets are still in the dark whether Chalmers will extend Reserve…
By Arshad Mohammed (Reuters) – A senior U.S. Republican lawmaker criticized as “absolutely unacceptable” a State Department response on Tuesday to his inquiry about why the U.S. special envoy for Iran’s security clearance was under review. Michael McCaul, chairman of the House of Representatives committee on foreign affairs, wrote to Secretary of State Antony Blinken…