LONDON (Reuters) – U.S. President Joe Biden did not discuss the leak of intelligence documents with British Prime Minister Rishi Sunak when the two men met in Northern Ireland this week, White House press secretary Karine Jean-Pierre said on Thursday. “It did not come up, the leaked documents, in that conversation,” she told reporters in …
Biden and UK’s Sunak did not discuss intel leaks, White House says Read More »
By Karen Brettell NEW YORK (Reuters) – The dollar fell to a two-month low against a basket of currencies and a one-year low against the euro on Thursday after U.S. producer prices unexpectedly fell in March, boosting expectations that the Federal Reserve is near the end of its rate hiking cycle. The producer price index …
Dollar dips as producer prices cool, euro hits one-year high Read More »
By Steve Holland, Amanda Ferguson BELFAST (Reuters) -U.S. President Joe Biden urged Northern Irish political leaders to restore their power-sharing government with the promise that scores of major U.S. corporations were ready to invest in the region as he marked the 25th anniversary of peace in Belfast. Biden, who is fiercely proud of his Irish …
Biden urges N.Ireland leaders to seize ‘incredible economic opportunity’ Read More »
By Deep Kaushik Vakil (Reuters) – Gold surged on Thursday as more weak U.S. economic readings bolstered bets for a pause in interest rate hikes, with prospects of a mild recession also sending investors scurrying for the safe-haven. Spot gold was up 1.4% at $2,042.50 per ounce by 1:40 p.m. EDT (17:40 GMT), its highest …
Gold rallies to 1-year peak as economic worries mount Read More »
BEIJING (Reuters) – China’s Foreign Ministry on Thursday sanctioned U.S. Representative Michael McCaul, chairman of the House of Representatives Foreign Affairs Committee, for visiting Taiwan, saying he had sent a “serious wrong signal to Taiwan independence separatist forces.” China views democratically governed Taiwan as its own territory and strongly objects to all high-level engagements between …
China sanctions senior US lawmaker for visiting Taiwan Read More »
By Kiyoshi Takenaka and Ankur Banerjee TOKYO (Reuters) -Japanese technology investor SoftBank Group Corp has moved to sell almost all of its remaining shares in Alibaba Group Holding Ltd, the Financial Times reported, sending the Chinese e-commerce giant’s Hong Kong-listed shares lower. The sale would come as valuations of China’s big tech firms have started …
Alibaba’s Hong Kong shares slump on SoftBank’s stake sale report Read More »
By Jonathan Stempel (Reuters) -Abortion opponents on Tuesday urged a federal appeals court to allow the suspension of the Food and Drug Administration’s approval of the abortion pill mifepristone, in a case with potentially far-reaching impact on how the U.S. government regulates medicine. In a filing with the 5th U.S. Circuit Court of Appeals in …
Abortion pill opponents urge US appeals court to allow ban Read More »
(Reuters) -Apple Inc is in talks with suppliers to make MacBooks in Thailand as part of the company’s ongoing efforts to expand its manufacturing presence beyond China, the Nikkei reported on Thursday. Suppliers involved in the talks already have manufacturing complexes in Thailand for other clients and are discussing possible assembly and production of components …
Apple in talks with suppliers to make MacBooks in Thailand – Nikkei Read More »
SEOUL/TOKYO (Reuters) -North Korea fired a new model of long-range ballistic missile on Thursday, South Korea said, triggering a scare in northern Japan where residents were told to take cover, though there turned out to be no danger. A South Korean military official said the missile appeared to have been a new weapon displayed at …
North Korea launches new type of ballistic missile, South says Read More »
By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee strengthened to the psychologically critical 81.85-per-dollar level on Thursday, as cooling U.S. inflation increased bets that the Federal Reserve was near the end of its rate-hiking cycle and weighed on the greenback. The rupee finished up 0.28% at 81.85 per U.S. dollar, having risen upto 81.8375 …
Rupee firms to key level as dollar falters after US inflation Read More »
