By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s inflation will likely slow to around 1.5% next year when stripping away the effect of one-off factors, a government spokesperson said on Monday, calling on the central bank to work towards achieving its 2% inflation target. The remarks came amid simmering market speculation that creeping inflation…
QUITO (Reuters) -At least six inmates were killed and 11 more were injured in weekend clashes between gang members in an Ecuadorian prison, authorities said on Sunday during the latest outbreak of violence to convulse the country’s jails. The fighting between inmates belonging to rival organized crime outfits took place between Saturday evening and Sunday…
By Hyonhee Shin SEOUL (Reuters) – A U.S. nuclear-powered submarine arrived in South Korea on Monday, only days after the first U.S. nuclear armed submarine made port in the country in four decades, as the two allies seek to boost American strategic assets to deter North Korea. The USS Annapolis entered a naval base in…
BEIJING (Reuters) – China’s state planner on Monday unveiled measures that seek to promote, encourage and spur private investment in some infrastructure sectors and said it will strengthen financing support for private projects. The latest announcement comes as China last week pledged to improve the private sector, releasing guidelines by the Communist Party and the…
(Reuters) -Australia’s competition regulator on Monday said it has delayed its decision on ANZ Group Holdings’ proposed A$4.9 billion ($3.30 billion) acquisition of Suncorp Bank by a week to August 4, and has requested a further extension of one week. The Australian Competition and Consumer Commission (ACCC) in a letter to ANZ on Thursday requested…
BEIJING (Reuters) – The Chinese embassy in Japan said on Monday that NATO’s plan to expand into the Asia-Pacific violates U.N. rules and hoped Japan, in its interaction with NATO, would refrain from actions that undermine trust among countries in the region. (Reporting by Ryan Woo; Editing by Muralikumar Anantharaman)
By David Latona and Belén Carreño MADRID (Reuters) -No clear winner emerged in a nailbiting finish to Spain’s election on Sunday as the right failed to fulfill predictions of a victory big enough to push Prime Minister Pedro Sanchez from power. The two leading parties will seek to negotiate coalition deals in pursuit of a…
By Sabrina Valle (Reuters) – U.S. oil major Chevron Corp announced sweeping management changes on Sunday, including the retirement next year of its finance chief and extension of the mandatory retirement age for Chief Executive Officer Michael Wirth. Chief Financial Officer Pierre Breber, 58, will retire in 2024, and will be replaced by the company’s…
(Reuters) – Police in Ohio unleashed a canine on a Black man who had exited his vehicle with his hands raised after a traffic stop earlier this month, according to officials. The incident unfolded on July 4 after law enforcement officers engaged in the lengthy pursuit of a semi-tractor trailer driven by 23-year-old Jadarrius Rose….
By Fedja Grulovic RHODES, Greece (Reuters) -Thousands of tourists and residents fleeing wildfires on the Greek island of Rhodes took refuge in schools and shelters on Sunday, with many evacuated on private boats as flames threatened resorts and coastal villages. Thousands spent the night on beaches and streets during what Greece said was its biggest…
