By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s parliament elected on Monday army general Luong Cuong as the new state president in a widely anticipated move that is expected to bring some stability to Vietnamese politics after a turbulent phase of departures and reshuffles. Cuong, 67, takes over the role from To Lam, who …
Vietnam parliament elects army general as state president Read More »
(Reuters) -The Maritime and Port Authority of Singapore (MPA) on Monday said it received an alert about an engine room fire onboard a Malta-flagged tanker, the Med Atlantic, which was anchored in the East Johor Straits within Singapore waters. The vessel is currently anchored and there is no disruption to vessel traffic in the area, …
Singapore port authority reports fire onboard tanker in East Johor Straits Read More »
By Hyunsu Yim and Hyonhee Shin SEOUL (Reuters) – South Korea’s foreign ministry summoned the Russian ambassador in Seoul on Monday to protest over what it has called the sending of North Korean troops to Russia for deployment in Ukraine. The Kremlin declined to directly answer a query on whether North Korean troops were going …
South Korea summons Russian envoy to protest North Korea troop dispatch Read More »
By Bharath Rajeswaran and Hritam Mukherjee (Reuters) -Indian shares closed lower on Monday, as lacklustre earnings and another bout of profit-booking overpowered a post-results rally in top private lender HDFC Bank. The NSE Nifty 50 fell 0.29% to 24,781.1, while the BSE Sensex settled 0.09% lower at 81,151.27 points. They swung between gains of about …
Indian shares dip as dull earnings, profit-booking outweigh HDFC Bank’s boost Read More »
BEIJING/SHANGHAI (Reuters) – Ping An Insurance (Group) Co of China Ltd reported on Monday a 36.1% rise in net profit in the first nine months of the year, driven by growing investment returns and new policies sold as the economy recovers. The insurance company posted 119.18 billion yuan ($17 billion) in net profit, the Chinese …
China’s Ping An Insurance posts 36.1% rise in nine-month profit Read More »
By Jaspreet Kalra MUMBAI (Reuters) – The Indian rupee declined to its weakest closing level on record on Monday but avoided sharper losses as likely intervention by the Reserve Bank of India (RBI) blunted the pressure from weakness in regional peers and persistent dollar outflows. The rupee closed at 84.0725 against the U.S. dollar, a …
Rupee slips to record closing low on outflows, weak Asia FX Read More »
ISLAMABAD (Reuters) – Pakistan approved changes to the constitution on Monday, which included empowering parliament to pick the Supreme Court’s chief justice, drawing criticism from opposition parties who said it was an attempt to subvert the judiciary. Pakistan’s top court has become a battleground between the government and jailed former Prime Minister Imran Khan, ruling …
Pakistan empowers parliament to pick country’s top judge Read More »
By Anton Bridge TOKYO (Reuters) – U.S. investment firm KKR has extended by 10 working days the first stage of its tender to take Japanese IT services firm Fuji Soft private, it said in a filing on Monday. The extension comes after Bain Capital made a rival proposal to buy all the shares of Fuji …
KKR extends tender period for Fuji Soft to November Read More »
By Fayaz Bukhari SRINAGAR (Reuters) -At least six migrant workers and a doctor were shot dead in India’s Kashmir region on Sunday night when militants opened fire near a tunnel construction site, officials said, days after a new government was formed in the territory. An opposition alliance took power in the region this month after …
Militants kill seven, including six migrant workers, in India’s Kashmir Read More »
By David Shepardson WASHINGTON (Reuters) -China-based DJI sued the U.S. Defense Department on Friday for adding the drone maker to a list of companies allegedly working with Beijing’s military, saying the designation is wrong and has caused the company significant financial harm. DJI, the world’s largest drone manufacturer that sells more than half of all …
Dronemaker DJI sues Pentagon over Chinese military listing Read More »
