WASHINGTON (Reuters) – Kenya is not expected to seek a restructuring of its debt despite current strains and a looming bond payment, the head of the International Monetary Fund’s Africa Department chief said on Friday. Abebe Aemro Selassie was speaking to reporters at the IMF and World Bank spring meetings here. Kenya has a $2 …
Kenya not seen as a debt restructuring candidate, IMF’s Africa chief says Read More »
PARIS (Reuters) – The Paris Club of creditor governments aims to start negotiations to restructure Sri Lanka’s debt, the group said on Friday after a creditor committee was set up this week. The Paris Club said the Japanese and Indian finance ministers along with its president and representatives of Sri Lanka set up a creditor …
Paris Club says aims to start Sri Lanka debt negotiations Read More »
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Assistant Governor Tokiko Shimizu said on Friday there had been “extremely high” uncertainty regarding Japan’s economy, as slowing global growth and recent financial market stress cloud its outlook. “The BOJ deems it necessary to conduct monetary easing and support the economy, and provide a favourable environment for …
BOJ executive warns of ‘extremely high’ uncertainty over Japan’s economy Read More »
By Soo-hyang Choi and Ju-min Park SEOUL (Reuters) – North Korea announced on Friday it had tested a new solid-fuel intercontinental ballistic missile (ICBM), a development set to “radically promote” its forces, which experts said would facilitate missile launches with little warning. Leader Kim Jong Un guided Thursday’s test, and warned it would make enemies …
North Korea says it tested new solid-fuel ICBM, warns of ‘extreme’ horror Read More »
SEOUL (Reuters) – South Korea’s LG Chem and China’s Huayou Cobalt are expected to invest a combined 1.2 trillion won ($923 million) to build a battery material production facility in Saemangeum, South Korea, a newspaper reported on Friday. The two companies are expected to sign a memorandum of understanding next week to cooperate in building …
TUNIS (Reuters) – The Tunisian coastguard has recovered eight more bodies from a migrant boat that sank off the country’s shores this week, raising the death toll to 33, the coastguard said on Friday. A wooden boat packed with about 110 African migrants sank on Wednesday off the city of Sfax. Seventy-six people were rescued. …
Tunisian coastguard finds more bodies from migrant shipwreck, toll rises to 33 Read More »
WARSAW (Reuters) – China on Friday hit back at comments by the Polish prime minister that linked the war in Ukraine to a possible Chinese attack on Taiwan, accusing him of interfering in its internal affairs. On Thursday Polish Prime Minister Mateusz Morawiecki said during a speech at the Atlantic Council think-tank in Washington D.C. …
China accuses Poland of meddling in its affairs after PM’s Taiwan comments Read More »
BEIJING (Reuters) – China and Brazil should deepen practical cooperation, and tap potential to work together in sectors including agriculture, energy, and infrastructure construction, Chinese President Xi Jinping was quoted as saying by state media on Friday. In a meeting with visiting Brazilian President Luiz Inacio Lula da Silva in Beijing, Xi said China has …
China’s Xi call for deeper practical cooperation with Brazil – state media Read More »
NEW DELHI (Reuters) – India’s federal police will question Delhi’s chief minister, seen as one of the main opponents of Prime Minister Narendra Modi, as part of an investigation into the capital’s liquor policy, a person familiar with the matter said on Friday. Arvind Kejriwal, chief of the Aam Aadmi Party that rules Delhi’s city …
India’s federal police to question Delhi chief minister in liquor probe – source Read More »
SINGAPORE (Reuters) – A private banking industry group in Singapore on Friday denied a media report that the city state had asked global banks to keep quiet on wealth inflows coming from China over the past year due to political sensitivity. The Financial Times reported earlier on Friday, citing unidentified people, that the “tacit directive” …
