By Trevor Hunnicutt, Steve Holland and David Brunnstrom WASHINGTON (Reuters) -The United States on Wednesday pledged to give South Korea more insight into its nuclear planning over any conflict with North Korea amid anxiety over Pyongyang’s growing arsenal of missiles and bombs. The announcement, which included a renewed pledge by Seoul not to pursue a…
By Josh Smith and Ju-min Park SEOUL (Reuters) – For the first time since the 1980s a U.S. Navy nuclear-armed ballistic missile submarine (SSBN) will visit South Korea to help demonstrate Washington’s resolve to protect the country from a North Korean attack. The visit was announced in a joint declaration during a summit between South…
TAIPEI (Reuters) – The billionaire founder of Taiwan’s Foxconn and presidential hopeful Terry Gou said on Thursday China does not want war with the island and would not attack if he become president as he would not declare independence. Tension between Taipei and Beijing has surged in the run-up to January’s presidential election in Taiwan,…
By Hannah Lang and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) – Of all the facts that have emerged about last month’s two U.S. bank busts – the unanswered warning letters from regulators, the ignored interest-rate risk, the outsized levels of uninsured deposits – one data point in particular continues to stir deep-seated unease among finance officials:…
The failures of two large regional U.S. banks in mid-March blew a $22 billion hole in the nation’s deposit insurance fund and shook confidence in the global financial system. On Friday the banks’ regulators – the Federal Reserve and the Federal Deposit Insurance Corporation – will publish their accounts of what happened at both institutions,…
By Jeff Mason WASHINGTON (Reuters) – It turns out South Korean President Yoon Suk Yeol can sing. At the end of a festive dinner at the White House on Wednesday, President Joe Biden, first lady Jill Biden, President Yoon and his wife, Kim Keon Hee, moved from the East Room to the State Dining Room…
By Paul Sandle LONDON (Reuters) – Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. The country’s antitrust regulator said on Wednesday that Microsoft’s commitment to offer access to Activision’s multi-billion…
By Hyunjoo Jin and Dan Levine (Reuters) -A California judge on Wednesday ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding the safety and capabilities of the carmaker’s Autopilot features. The ruling, first reported by Reuters, came in a lawsuit filed by the family of Walter Huang…
By Tim Kelly TOKYO (Reuters) – Virginia Governor Glenn Youngkin did not rule out a run for president in 2024, saying on Thursday that he was “humbled” by the question of whether he would seek the Republican nomination. “I am humbled by your question to think that you would ask it of me when 40…
By Kirsty Needham (Reuters) -U.S. President Joe Biden will briefly visit Papua New Guinea (PNG) on May 22, officials from the Pacific island nation said on Thursday, as Washington seeks to counter growing Chinese influence in the strategically important region. The Biden stopover would be the first visit by a sitting U.S. president to the…
