BEIJING (Reuters) -A Chinese state-affiliated social media commentator accused the United States on Tuesday of playing tricks and creating an “illusion” that it is eager to engage, days before an expected visit by U.S. Secretary of State Antony Blinken. The lead up to the high-stakes visit has been marred by new U.S. accusations of Chinese…
By Guy Faulconbridge MOSCOW (Reuters) -Russian mercenary leader Yevgeny Prigozhin said on Saturday that Kremlin factions were destroying the state by trying to sow discord between him and Chechen fighters. That row had now been settled but infighting in the Kremlin had opened a Pandora’s Box of rifts, he said. Prigozhin, a 62-year-old former restauranteur…
NUSA DUA, Indonesia (AP) — Members of the Group of 20 leading economies ended their summit Wednesday with a declaration of firm condemnation of the war in Ukraine and a warning that the conflict is making an already delicate world economy worse. The summit’s closing statement was noteworthy because world leaders managed to highlight a…
OMAHA, Neb. (AP) — Bidding for a final, private lunch with Warren Buffett, an event that has raised tens of millions for a California charity, has already topped $3 million. It will be the first private lunch offered with the billionaire since a record-setting bid in 2019. The past two auctions were called off due…
By Jack Kim SEOUL (Reuters) -North Korea accused the United States on Monday of violating its airspace by conducting surveillance flights and warned that, while Pyongyang was exercising restraint, such flights may be shot down. Provocative military actions by the United States were bringing the Korean peninsula closer to a nuclear conflict, an unnamed spokesperson…
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks slid on Thursday, with the S&P 500 marking its biggest daily percentage drop in two weeks, as investors shifted to defensive sectors and safe havens such as bonds and gold as geopolitical tensions between Washington and Russia over Ukraine flared. After Ukrainian forces and pro-Moscow rebels…
By Tom Westbrook SINGAPORE (Reuters) – Asian stocks were lifted from lows on Tuesday, with the rescue of Credit Suisse stemming selling in bank shares, though the mood was fragile and the stress in markets had traders wondering whether U.S. rate hikes might be finished. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%…
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week low, as investors continued to assess the impact of the start of the Federal Reserve rate increase cycle this week. The safe-haven greenback also lost traction – while the…
TOKYO (AP) — Japanese automaker Nissan Motor Co. said Tuesday that it plans to sell its Russian operations to its local partner and withdraw from manufacturing there. The company said its executive committee approved the sale to Russia’s Central Research and Development Automobile and Engine Institute, or NAMI. The sale includes Nissan’s factory and R&D…
By Karen Brettell NEW YORK (Reuters) – Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the Federal Reserve will hike rates higher and for longer than previously expected as inflation remains near multi-decade highs. Data last week showed higher-than-expected consumer prices in…
