(Reuters) -Russia’s military on Thursday pressed on with unrelenting attacks on the smashed eastern Ukrainian city of Bakhmut and also shelled the southern city of Kherson, officials in Kyiv said. The Kremlin sees Bakhmut as pivotal in its slow-moving advance through eastern Ukraine more than a year after it invaded its neighbour. Ukrainian Deputy Defence…
By Casey Hall HAIKOU, China (Reuters) -Representatives of over 3,000 brands including Burberry and Estee Lauder descended on China’s Hainan this week to show off their latest wares, hoping to cash in on a post-COVID consumer rebound that has kicked off on the island known for its duty free shopping. Around 300,000 people are expected…
By Padraic Halpin and Steve Holland DUBLIN (Reuters) -U.S. President Joe Biden told the Irish parliament he was “home” in an emotional address on the second day of a nostalgic three-day tour celebrating his Irish heritage as he geared up for a planned 2024 re-election campaign. “I’m home… I only wish I could stay longer,”…
TOKYO (Reuters) – Following the Bank of Japan’s launch this month of a pilot programme to test the use of a digital yen, the Ministry of Finance plans to convene a meeting of experts on April 21 to discuss the way forward. The nine experts, who include academics, economists, a lawyer and a consumer group…
By Ariba Shahid KARACHI, Pakistan (Reuters) -Pakistan’s debt continues to be sustainable, International Monetary Fund (IMF) managing director Kristalina Georgieva said on Thursday, after the government reiterated it had completed all requirements to receive a critical bailout from the IMF. Pakistan has less than a month’s worth of foreign exchange reserves and is awaiting a…
By Jonathan Stempel NEW YORK (Reuters) -A Washington, D.C., appeals court on Thursday declined to shield Donald Trump from the first of two civil defamation lawsuits by E. Jean Carroll, a writer who said the former U.S. president raped her nearly three decades ago. The district’s highest local court, the Court of Appeals, said it…
By Toby Sterling BRUSSELS (Reuters) -The body that unites Europe’s national privacy watchdogs said on Thursday it had set up a task force on ChatGPT, a potentially important first step toward a common policy on setting privacy rules on artificial intelligence. The move by the European Data Protection Board (EDPB) follows a unilateral move by…
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said he expects the global economy to rebound after a period of slowdown which will help keep domestic wages rising, maintaining the bank’s upbeat economic outlook. But Ueda said he told his G20 counterparts the central bank intends to keep monetary policy ultra-loose since…
By Leika Kihara and Jorgelina do Rosario WASHINGTON (Reuters) -Japan, India and France on Thursday announced a common platform for talks among bilateral creditors to coordinate restructuring of Sri Lanka’s debt, a move they hope would serve as a model for solving the debt woes of middle-income economies. It remains uncertain, however, whether Sri Lanka’s…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets are poised to end the week on a positive note, spurred by a powerful rally on Wall Street and growing optimism that the Fed might achieve the holy grail of a ‘soft landing’ for the U.S….
