TOKYO (Reuters) – The Bank of Japan’s two new deputy governors will appear in parliamentary debates on Wednesday for the first time since they took office last week, a lower house lawmaker said. The two new deputy governors, Shinichi Uchida and Ryozo Himino, will appear in the lower house financial affairs committee from 0140 to …
BOJ’s new deputy governors to appear in parliament Read More »
By Josh Horwitz SHANGHAI (Reuters) – China is ramping up efforts to develop home-grown semiconductor talent as it seeks to rapidly fill a shortage of expertise that has been made worse by U.S. efforts to limit Beijing’s access to advanced chip technology. Â Â Â Enrolments for undergraduate and post-graduate courses have surged over the past five …
China tackles chip talent shortage with new courses, higher pay Read More »
BENGALURU (Reuters) – Vedanta Ltd on Tuesday declared a fifth interim dividend for the fiscal year ending March 31 even as the company’s parent, Vedanta Resources, scrambles to secure fresh loans and refinance existing debt. The Indian natural resources company declared interim dividend of 20.50 rupees per share. The move comes days after a report …
India’s Vedanta declares fifth interim dividend as debt pressures mount at parent Read More »
By Laila Kearney NEW YORK (Reuters) – Crude oil prices edged up on Tuesday, extending sharp gains from the previous session on supply disruption risks from Iraqi Kurdistan and hopes that banking sector turmoil is contained. Brent crude futures settled at $78.65 a barrel, up 53 cents, or 0.7%. West Texas Intermediate U.S. crude settled …
Oil prices rise on Kurdish supply risks and banking relief Read More »
WASHINGTON (Reuters) -The Biden administration on Tuesday imposed new trade restrictions on five Chinese companies for allegedly aiding in Beijing’s repression of the Uyghur Muslim minority group. According to Hikvision’s 2021 half-year report, at least four of the companies facing new curbs belong to the Chinese surveillance camera maker including Luopu Haishi Dingxin Electronic Technology …
US slaps trade curbs on 5 Chinese firms over alleged role in Uyghur repression Read More »
By David Lawder WASHINGTON (Reuters) -The United States and Japan on Tuesday signed a trade deal on electric vehicle battery minerals that is key to strengthening their battery supply chains and granting Japanese automakers wider access to a new $7,500 U.S. EV tax credit. The swiftly negotiated agreement prohibits the two countries from enacting bilateral …
US, Japan sign trade deal on electric vehicle battery minerals Read More »
By Hyonhee Shin and Daewoung Kim SEOUL/BUSAN (Reuters) -North Korea unveiled new, smaller nuclear warheads and vowed to produce more weapons-grade nuclear material to expand its arsenal, state media said on Tuesday, as a U.S. aircraft carrier arrived in South Korea for military drills. North Korea’s Korean Central News Agency (KCNA) released photos of the …
North Korea unveils new nuclear warheads as US air carrier arrives in South Read More »
By Deep Kaushik Vakil (Reuters) – Gold prices rose on Tuesday, drawing support from a weaker U.S. dollar even as higher bond yields and easing worries about a full-blown banking crisis limited gains for the safe-haven asset. Following two sessions of declines, spot gold gained 0.7% to $1,970.88 per ounce by 1:40 p.m. EDT (1740 …
Gold rises on dollar dip, banking optimism limits gains Read More »
WASHINGTON (Reuters) – Tibet is dying a “slow death” under Chinese rule, the head of the India-based organization known as Tibet’s government in-exile said on Tuesday in a first address to the U.S. Congress. Some Tibetan activists lament what they see as a fading focus on alleged abuses in Tibet amid growing concerns in Washington …
Exiled leader tells US Congress Tibet faces ‘slow death’ under China Read More »
By Olena Harmash KYIV (Reuters) – Russian forces are still edging forward in the bombed-out eastern Ukrainian city of Bakhmut, a Moscow-installed official said on Tuesday, but British intelligence said a Russian tank division had taken heavy losses in the nearby town of Avdiivka. The battle for Bakhmut, a mining city in the Donetsk region, …
Russia says still advancing in Bakhmut, UK says Moscow lost many tanks nearby Read More »
