Updated

Financials, metals weigh on Indian shares amid US debt-ceiling deadlock

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares snapped a three-day winning streak on Wednesday, dragged by high-weightage financials and metal stocks, as caution over the U.S. debt ceiling deadlock weighed on stock markets around the globe. The blue-chip Nifty 50 index closed down 0.34% at 18,285.40, while the benchmark S&P BSE Sensex fell 0.34% to …

Financials, metals weigh on Indian shares amid US debt-ceiling deadlock Read More »

Australia, India to seek closer economic ties, critical minerals cooperation

By Kirsty Needham SYDNEY (Reuters) -Australian Prime Minister Anthony Albanese met Narendra Modi, his Indian counterpart, in Sydney on Wednesday to discuss regional security and economic ties and signed a migration deal to boost Indian student and business travel to Australia. The two leaders also discussed the impact of Russia’s conflict with Ukraine on developing …

Australia, India to seek closer economic ties, critical minerals cooperation Read More »

US, South Korea issue fresh North Korea sanctions on ‘illicit’ IT workforce

By Christopher Bing and Doina Chiacu WASHINGTON (Reuters) -The United States and South Korea on Tuesday announced new North Korea sanctions related to thousands of IT workers, many operating in China and Russia, whose labors allegedly help fund weapons of mass destruction and missile programs, they said. One individual, Kim Sang Man, and the North …

US, South Korea issue fresh North Korea sanctions on ‘illicit’ IT workforce Read More »

India’s Ashok Leyland posts lower quarterly profit as costs rise

CHENNAI/BENGALURU (Reuters) -India’s Ashok Leyland Ltd reported a 17% fall in fourth-quarter profit on Tuesday as higher materials and services costs, as well as tax expenses, offset robust truck sales. The company’s standalone profit fell to 7.51 billion Indian rupees ($91.83 million) for the three months ended March 31, from 9.01 billion rupees a year …

India’s Ashok Leyland posts lower quarterly profit as costs rise Read More »

Sudan ceasefire brings some respite after weeks of heavy battles

By Mohamed Nureldin and Khalid Abdelaziz KHARTOUM (Reuters) -Artillery fire could be heard in parts of Khartoum and warplanes flew overhead on Tuesday, residents said, though an internationally monitored ceasefire appeared to have brought some respite from heavy fighting in the Sudanese capital. Night-time airstrikes were reported in at least one area after the ceasefire …

Sudan ceasefire brings some respite after weeks of heavy battles Read More »

Last emperor of China’s watch sells for record $6.2 million in Hong Kong auction

By Joyce Zhou and Jessie Pang HONG KONG (Reuters) – A watch that was once owned by the last emperor of China’s Qing Dynasty, whose life formed the basis of the Oscar-winning film “The Last Emperor,” sold for a record HK$49 million ($6.2 million) at a Hong Kong auction on Tuesday. An Asian collector residing …

Last emperor of China’s watch sells for record $6.2 million in Hong Kong auction Read More »