SEOUL (Reuters) -South Korea’s central bank cut interest rates for a fourth time in the current easing cycle on Thursday as Washington’s attempts to reorder global trade fanned downside risks for economic growth and inflation. The Bank of Korea’s seven-member board voted to cut its benchmark interest rate to 2.50% at its monetary policy review, …
South Korea cuts policy interest rates as expected Read More »
WASHINGTON (Reuters) -The United States has suspended some sales to China of critical U.S. technologies, including those related to jet engines to Chinese state-owned aerospace manufacturer COMAC, the New York Times reported on Wednesday. Citing two people familiar with the matter, the newspaper said the move was in response to China’s recent restriction on exports …
By Wayne Cole SYDNEY (Reuters) – Asian shares and Wall Street futures climbed in Asia on Thursday after a U.S. federal court blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, sending the dollar up on safe haven currencies. The Manhattan-based Court of International Trade ruled that Trump overstepped his authority by imposing …
Stocks rally in Asia as Trump tariffs hit court hurdle Read More »
SEOUL (Reuters) -South Koreans go to the polls on June 3 to elect the country’s 21st president, aiming to restore political stability after months of turmoil and fill a power vacuum following the botched attempt by former leader Yoon Suk Yeol to impose martial law. Here are some details about South Korea’s election system: SINGLE …
Factbox-South Korea’s presidential election by the numbers Read More »
By Nidal al-Mughrabi, James Mackenzie and Michelle Nichols CAIRO/JERUSALEM/UNITED NATIONS (Reuters) -A United Nations warehouse in war-torn Gaza was broken into by “hordes of hungry people” on Wednesday as aid trickles into the Palestinian enclave on the brink of famine and the United States readies new terms for a possible truce between Israel and Hamas. …
Deadly break in at UN warehouse as aid trickles into Gaza Read More »
SINGAPORE (Reuters) -The U.S. dollar rallied sharply on Thursday after a court blocked President Donald Trump from imposing his so-called Liberation Day import tariffs, with the currency surging against the euro, yen and Swiss franc in particular. The Manhattan-based Court of International Trade said the U.S. Constitution gives Congress exclusive authority to regulate commerce with …
Dollar rallies after US court blocks Trump’s tariffs Read More »
BEIJING (Reuters) -Chinese Foreign Minister Wang Yi pledged increased support from the world’s second-largest economy to Pacific Island countries in addressing climate change, during a summit China’s Xiamen on Wednesday, according to a ministry readout. The world’s biggest bilateral lender will undertake 100 “small but beautiful” projects across Pacific Island countries with China ties over …
China offers Pacific Islands increased support in addressing climate change Read More »
By Karen Freifeld (Reuters) – The U.S. has ordered companies that offer software used to design semiconductors to stop selling to China without first getting an export license, two people familiar with the situation said. Electronic design automation software makers, which include Cadence, Synopsys and Siemens EDA, were sent notifications by the Commerce Department to …
US restricts chip design software sales to China, sources say Read More »
LONDON (Reuters) -Business confidence in Britain’s services sector hit a two-and-a-half-year low in the quarter to May and cost pressures are ramping up partly as a result of employment tax rises, the Confederation of British Industry said on Thursday. Its gauge of morale in business and professional services companies fell to -43% in May from …
UK services sector sentiment hits 2-1/2-year low, CBI says Read More »
Por Dietrich Knauth NUEVA YORK (Reuters) -Un tribunal federal bloqueó el miércoles la entrada en vigor de los aranceles del “Día de la Liberación” de Donald Trump, al dictaminar que el mandatario se extralimitó en su autoridad al imponer impuestos generalizados a las importaciones de naciones que venden más a Estados Unidos de lo que …
Tribunal de EEUU bloquea los aranceles de Trump del “Día de la Liberación” Read More »
