Reuters Asia

By Josh Smith SEOUL (Reuters) – A group from Russia is poised to be the first known tourists allowed into North Korea since anti-pandemic border lockdowns began in early 2020, according to a post from Russian provincial authorities and a Western tour guide. North Korea imposed some of the strictest border controls in the world …

North Korea poised to admit first known tourists since 2020 Read More »

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia (BI) will keep its key interest rate unchanged at 6.00% on Wednesday and until the third quarter as inflation is within the central bank’s target and to ensure rupiah stability, a Reuters poll of economists showed. Inflation, at 2.61% in December, declined steeper than expected …

Bank Indonesia to stay put on Jan 17, no cut until at least Q3 Read More »

SHANGHAI (Reuters) – The price of Tesla’s new China Model 3 dropped to 245,900 yuan, and the price of the Model Y dropped to 258,900 yuan, as of Jan. 12, according to the company’s website. Tesla’s refreshed long-range China Model Y has dropped its price to 299,900 yuan. (Reporting by Casey Hall)

SEOUL (Reuters) – South Korea’s financial authorities will step up monitoring of real estate projects, the finance ministry said in a statement on Friday. There are lingering concerns over real estate projects, although financial markets have been stable since builder Taeyoung’s Dec. 28 announcement to reschedule its debt, it said, after the minister’s meeting with …

South Korea to step up monitoring of real estate projects Read More »

BEIJING (Reuters) -China does not want a continuation of the “current difficult situation” in relations with Canada, China’s foreign minister told his Canadian counterpart during a phone call, the Chinese foreign ministry said in a statement late on Thursday. Relations between the two countries were strained for most of 2023, underscored by accusations from Canada …

China is open to contact, talks with Canada, foreign minister says Read More »

SANTIAGO (Reuters) – The Chilean government announced a partnership with Alphabet’s Google on Wednesday to build the first undersea fiber-optic cable between South America and Asia Pacific. The Humboldt Cable Project will connect Chile’s port city of Valparaiso with Sydney, Australia through 14,800 kilometers (9,200 miles) of fiber-optic cable with a capacity of 144 terabytes …

Chilean government partners with Google to launch Asia-Pacific fiber optic link Read More »

By Kanishka Singh WASHINGTON (Reuters) -The U.S. State Department on Thursday imposed sanctions on three Russian entities and one individual involved in the transfer and testing of North Korea’s ballistic missiles for Russia’s use against Ukraine, Secretary of State Antony Blinken said. WHY IT IS IMPORTANT The step comes two days after a joint statement …

US imposes sanctions over transfer of North Korean ballistic missiles to Russia Read More »

By Ariba Shahid KARACHI (Reuters) -The International Monetary Fund’s board has approved a roughly $700 million loan for Pakistan under a $3 billion bailout, the fund and the finance ministry said on Thursday. The IMF’s completion of its first review of the programme and the board’s decision brings the total disbursements under the Standby Arrangement …

IMF board approves $700 million loan as part of Pakistan bailout Read More »