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South Korea says summit with Biden to give significant attention to North Korea rights

WASHINGTON (Reuters) -South Korea’s Washington ambassador Cho Hyun-dong said on Friday he was sure North Korean human rights would be given significant attention in summit talks between South Korean President Yoon Suk Yeol and U.S. President Joe Biden next week. In a virtual address to the same event at Washington’s Center for Strategic and International …

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India’s Maruti Suzuki to recall 7,213 Baleno RS hatchbacks to fix brake part defect

BENGALURU (Reuters) – Maruti Suzuki India Ltd, the country’s largest carmaker, said on Friday it would recall 7,213 units of its Baleno RS hatchback over a possible defect in vacuum pump that assists its brake function. “The affected vehicle may require increased effort in brake pedal application,” the company said in a release, adding that …

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UK financial watchdog intervenes to cut building insurance costs

By Huw Jones LONDON (Reuters) -Britain’s financial watchdog has proposed changes to cut the cost of insuring residential apartment blocks, saying intervention was needed to prevent wrongful use of commission. The proposals announced on Friday follow a review after the 2017 Grenfell Tower fire in London, which killed 72 people and led to big increases …

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Indian shares log weekly losses on risk aversion amid Q4 earnings

By Bharath Rajeswaran BENGALURU (Reuters) – Indian shares were subdued on Friday, snapping a three-week winning streak, as investors remained cautious after a weak outlook from HCLTech Ltd and ahead of the quarterly earnings of Reliance Industries Ltd, the country’s top firm by market capitalisation. The Nifty 50 closed 0.40 points lower to 17,624.05, while …

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Biden to meet Philippine President at White House on May 1

WASHINGTON/MANILA (Reuters) – U.S. President Joe Biden will meet his Philippine counterpart Ferdinand Marcos Jr at the White House on May 1 to discuss economic cooperation and the Indo-Pacific region, Manila and Washington said on Friday. The treaty allies have enjoyed warmer ties since Marcos took office last June, reversing his predecessor’s anti-U.S. stance. Next …

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