WARSAW (Reuters) – Polish Defence Minister Mariusz Blaszczak said on Wednesday that Poland plans to launch a submarine purchase programme in 2023. Poland has increased military spending since Russia’s invasion of neighbouring Ukraine in February last year, with the government pledging to double the size of the army and spend 4% of GDP on defence…
SEOUL (Reuters) -South Korea cancelled the third flight of its homegrown space rocket on Wednesday because of technical problems hours before a launch that was meant to mark a significant step in its burgeoning space programme. South Korea is aspiring to be a key player in space technology, competing with its Asian neighbours. The technical…
BEIJING (Reuters) – The Asia-Pacific region does not welcome NATO’s plan to open a liaison office in Japan, Chinese foreign ministry spokesperson Mao Ning said at a press briefing on Wednesday, after Japan acknowledged NATO’s plan. “We want to say that the Asia-Pacific does not welcome group confrontation, does not welcome military confrontation,” Mao said….
NEW DELHI (Reuters) -India’s inflation has moderated, but lingering weather-related uncertainties still pose headwinds, the governor of the Reserve Bank of India said on Wednesday. “The war on inflation is not over, we have to remain alert,” Shaktikanta Das said at an event in New Delhi. “There is no room for complacency. We will have…
By Kirsty Needham SYDNEY (Reuters) -Australian Prime Minister Anthony Albanese met Narendra Modi, his Indian counterpart, in Sydney on Wednesday to discuss regional security and economic ties and signed a migration deal to boost Indian student and business travel to Australia. The two leaders also discussed the impact of Russia’s conflict with Ukraine on developing…
By Samia Nakhoul and Aziz El Yaakoubi (Reuters) – Once labelled a pariah, Saudi Crown Prince Mohammed bin Salman took centre stage as master of ceremonies last week when Arab states readmitted Syria to the Arab League, signaling to Washington who calls the regional shots. His effusive greeting of President Bashar al-Assad at the Arab…
By David Shepardson WASHINGTON (Reuters) -The U.S. needs to invest more in aviation safety technology solutions after a series of close-call runway incidents this year, the head of the U.S. National Transportation Safety Board said on Tuesday. The NTSB is investigating six runway incursion events since January including some that could have been catastrophic. Technology…
By Davide Barbuscia NEW YORK (Reuters) – Wall Street’s focus is turning to at-risk U.S. Treasury debt payments as the deadline to raise the government’s $31.4 trillion borrowing limit or risk default ticks closer. U.S. Treasury Secretary Janet Yellen on Sunday said June 1 remained a “hard deadline” for raising the federal debt limit, with…
By Stephen Nellis and Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department should put trade curbs on Chinese memory chip maker Changxin Memory Technologies (CXMT) after Beijing earlier this week banned the sale of some chips by U.S.-based Micron Technology Inc, the chair of the U.S. House of Representatives’ committee on China said on Tuesday….
(Reuters) – The New York Times Guild said on Tuesday that it has tentatively struck a new contract agreement with the New York Times marking the end of more than two years of negotiations. The deal, if ratified, will raise the median salary of a NewsGuild member to $136,220 and to $160,011 for reporters and…
