Reuters Asia

Indian banks seek looser liquidity conditions going ahead – traders

By Dharamraj Dhutia MUMBAI (Reuters) – Indian lenders want the Reserve Bank of India (RBI) to ease banking system liquidity conditions as overnight cash rates have exceeded the key policy rate for over five months, according to treasury officials, whose suggestions will be shared with the RBI before a policy meeting next month. With inflation …

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US urges discussions with China on practical nuclear risk reduction steps

WASHINGTON (Reuters) – The United States does not expect formal nuclear arms-control negotiations with China anytime soon, but does want to see a start of discussions on practical risk-reduction measures, a senior White House official said on Thursday. Pranay Vaddi, the senior White House official for arms control and non proliferation, told a Washington think …

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Analysis-Iran-Pakistan flare-up rooted in restive borderlands, not Mideast strife

By Parisa Hafezi, Charlotte Greenfield and Gibran Naiyyar Peshimam DUBAI/ISLAMABAD (Reuters) – An Iranian strike on Pakistan this week that drew a rapid military riposte and raised fears of greater regional turmoil was driven by Iran’s efforts to reinforce its internal security rather than its ambitions for the Middle East, according to three Iranian officials, …

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UN chief urges maximum restraint by Iran, Pakistan

UNITED NATIONS (Reuters) – United Nations Secretary-General Antonio Guterres urged Iran and Pakistan to “exercise maximum restraint to avoid a further escalation of tensions” after an exchange of military strikes between the countries, his spokesperson said on Thursday. “The Secretary-General underlines that all security concerns between the two countries must be addressed by peaceful means, …

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