Reuters Asia

Core inflation in Japan’s capital seen slowing sharply in July -analysts

TOKYO (Reuters) – Core inflation in Japan’s capital likely stayed above the central bank’s 2% target but slowed sharply in July, a Reuters poll showed on Friday, suggesting that easing cost pressures will moderate the pace of price gains nationwide. The Tokyo core consumer price index (CPI), which excludes volatile fresh food but includes fuel …

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North Korea threatens nuclear retaliation over US displays of military force

By Hyunsu Yim SEOUL (Reuters) -North Korea said on Thursday deployment of U.S. aircraft carriers, bombers or missile submarines in South Korea could meet criteria for its use of nuclear weapons, state media KCNA reported, citing the country’s defence minister, Kang Sun Nam. The comments raise the stakes as each side steps up displays of …

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Chinese autonomous vehicle tech raises concerns, US transportation chief says

WASHINGTON (Reuters) – U.S. Transportation Secretary Pete Buttigieg said on Thursday his agency has national security concerns about Chinese autonomous vehicle companies in the American market after some lawmakers called for restrictions on their operations. “Whether we are talking about hardware or software, in the same way there are concerns around telecom or TikTok, there …

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The world’s cheapest Domino’s pizza is in inflation-hit India. It costs $0.60

By Praveen Paramasivam and Aditya Kalra CHENNAI/NEW DELHI (Reuters) – Q: How does the world’s biggest pizza brand respond to high inflation in the world’s most populous nation? A: With the world’s cheapest Domino’s pizza. The 49-rupee ($0.60) pizza in India, Domino’s No.1 market outside America, is the tip of the spear in its fight …

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Mounting US worries over Private Travis King after silence from North Korea

By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -The United States on Thursday voiced mounting concern over Army Private Travis King, who dashed into North Korea two days ago, saying Pyongyang had a history of mistreating captured Americans. U.S. Army Secretary Christine Wormuth, in her first public comments on the case, said Washington was fully …

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No word from North Korea on US soldier who fled across military border

By Ju-min Park and Matt Spetalnick SEOUL/WASHINGTON (Reuters) – North Korea remained silent on Thursday about a U.S. soldier who split from a tour group and made a dash across the heavily fortified border two days earlier, landing Washington in a new diplomatic quandary amid an already tense military standoff. U.S. officials said Pyongyang has …

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