By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares closed higher on Tuesday, led by a jump in auto stocks, but surrendered a lot of their gains in the final hour of trade due to a drop in financials on concerns of moderating earnings growth. The blue-chip NSE Nifty 50 ended 0.15% higher to 21,544.85 points, while …
Financials rein in Indian shares’ auto stocks-driven jump Read More »
(Adds dropped % sign in last paragraph) MANILA (Reuters) – The Philippines’ department of agriculture said on Tuesday it has imposed an indefinite ban on imports of poultry and related products, including wild birds, from Belgium and France following a bird flu outbreak there. “We’re doing this to protect the health of our local poultry …
Philippines bans poultry imports from Belgium, France to halt bird flu spread Read More »
By Hyunsu Yim SEOUL (Reuters) – The leader of South Korea’s main opposition party, Lee Jae-myung, will be discharged on Wednesday from the hospital where he has been recovering since an attacker stabbed him in the neck last week at a public event, his party said on Tuesday. Lee’s condition has improved and he will …
South Korean opposition leader to be discharged from hospital Read More »
By Milounee Purohit BENGALURU (Reuters) – India’s retail inflation likely edged up in December on higher food prices but stayed within the Reserve Bank of India’s target range for a fourth consecutive month, according to a Reuters poll of economists. Food prices, which account for about half of the inflation basket, rose in November and …
India Dec inflation likely picked up to 5.87% on rising food costs – Reuters poll Read More »
By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee ended little changed on Tuesday after dollar demand from state-run banks ate into the local unit’s early gains in light of a proposal to include eligible Indian bonds in the Bloomberg Emerging Market Local Currency Index. The rupee ended at 83.1150 against the U.S. dollar, barely …
Rupee closes little changed, awaits key US inflation data Read More »
By Rajendra Jadhav MUMBAI (Reuters) – India’s coffee exports are likely to rise as much as 10% in 2024 as a rally in global prices prompts European buyers to pay premiums in order to increase purchases from the country, industry officials told Reuters. The South Asian country – famous as a tea producer – is …
Indian coffee exports set to surge thanks to global price rally Read More »
(Reuters) -A U.S. Navy sailor was sentenced to 27 months in jail on Monday for accepting nearly $15,000 in bribes from a Chinese intelligence officer in exchange for photos of unclassified private U.S. military information. Petty Officer Wenheng “Thomas” Zhao, 26, pleaded guilty last October to conspiracy and receiving a bribe. Zhao, who had faced …
US Navy sailor given 27 months in jail for sharing military data with China Read More »
By Kanishka Singh WASHINGTON (Reuters) – The United States shares the view that the weekend’s elections in Bangladesh were not free and fair, the U.S. State Department said on Monday, adding that Washington was concerned by reports of vote irregularities and condemned violence that took place. WHY IT’S IMPORTANT Bangladesh Prime Minister Sheikh Hasina swept …
US says Bangladesh elections were not free and fair Read More »
By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Core inflation in Japan’s capital slowed for the second straight month in December as cost-push price pressures continued to ease, data showed on Tuesday, taking some pressure off the central bank to rush into exiting ultra-loose monetary policy. The Tokyo inflation data, closely watched as a …
Inflation in Japan’s capital keeps slowing, takes pressure off BOJ Read More »
HONG KONG (Reuters) – Plans by Hong Kong’s Cathay Pacific Airways to slash flights during the busy Lunar New Year period show the airline needs to address its capacity problems, the city’s leader said, while its pilot union called for a government enquiry. Cathay will cut a dozen flights a day on average until the …
Cathay Pacific needs to address capacity issues, Hong Kong leader says Read More »
