European stocks and the euro jump on Ukrainian advances in the northeast

Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 12 (Reuters) – European stocks surged on Monday after Ukrainian forces made a rapid advance into Kharkiv province in Russia’s worst setback since abandoning its push into Kyiv in March, while the euro extended gains inspired by the European Central Bank last week. On … Read more

US stocks close sharply higher, snap 3-week losing streak with gains led by tech-heavy Nasdaq

U.S. stocks ended sharply higher on Friday, with all three major benchmarks suffering three consecutive weeks of losses, as investors appeared to have priced in another giant rate hike of the Federal Reserve. How Stock Indices Have Performed The Dow Jones Industrial Average DJIA, +1.19% advanced 377.19 points, or 1.2%, to close at 32,151.71. The … Read more

North Korea makes nuclear weapons policy ‘irreversible’ with new law – KCNA

A North Korean flag flies at the Gijungdong propaganda village in North Korea, in this photo taken near the truce village of Panmunjom inside the demilitarized zone (DMZ) separating the two Koreas, South Korea, 19 July 2022. REUTERS/Kim Hong-Ji/Pool Join now for FREE unlimited access to Reuters.com Register SEOUL, Sept 9 (Reuters) – North Korea … Read more

Honda Motor and LG Energy to Build $4.4 Billion Electric Vehicle Battery Plant in US

TOKYO/WASHINGTON, Aug 29 (Reuters) – Japanese Honda Motor Co. (7267.T) will build a new $4.4 billion lithium-ion battery factory for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd (373220.KS)the two companies announced on Monday. Battery makers are looking to ramp up production in the United States, where a shift … Read more

Stocks slide and dollar firm ahead of Jackson Hole conference

Fed sticks to hawkish tone – analysts U.S. Terminal Rate Expectations Rise, Dollar Gains New swings hit property stocks in China SINGAPORE, Aug 24 (Reuters) – Asian stock markets fell for an eighth consecutive session on Wednesday as investors worried about the scale of the problems in China’s property sector and braced for a hawkish … Read more

Eurozone slide into recession puts euro at 20-year low

PMI data bolsters European recession expectations Dollar leads after euro hits 20-year low, sterling slips Investors ask how hawkish the Fed will be in Jackson Hole Oil rebounds as Saudis talk production cuts US PMI expected just after Wall Street opens LONDON, Aug 23 (Reuters) – The contraction of the euro zone economy for a … Read more

North Korea tells South Korean president to ‘shut up’ after offer of help

Kim Yo Jong, sister of North Korean leader Kim Jong Un, attends the wreath laying ceremony at the Ho Chi Minh Mausoleum in Hanoi, Vietnam March 2, 2019. REUTERS/Jorge Silva/Pool/File Photo Join now for FREE unlimited access to Reuters.com Register SEOUL, Aug 19 (Reuters) – North Korea’s Kim Yo Jong, the powerful sister of leader … Read more

US conducts missile test delayed by Chinese drills

An unarmed Minuteman III intercontinental ballistic missile is launched during an operational test at 2:10 a.m. Pacific Daylight Time at Vandenberg Air Force Base, California, U.S., August 2, 2017. U.S. Air Force/Senior Airman Ian Dudley/Handout via REUTERS/File Photo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 16 (Reuters) – The U.S. military … Read more

Asia shares mixed shares, China cuts rates as data disappoints

FILE PHOTO – People walk past an electronic screen showing Japan’s Nikkei stock price index at a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei edge higher, S&P 500 futures plunge PBOC lowers key rates, Chinese data sorely lacking in forecasts Eyes … Read more

South Korea’s Yoon pardons Samsung’s Jay Y. Lee to counter ‘economic crisis’

Samsung heir served 18 months in prison for bribery Businessmen have been convicted in the scandal that killed a president S. Korea says leaders must help overcome economic crisis Samsung may increase investment with Lee pardoned – analysts SEOUL, Aug 12 (Reuters) – South Korean President Yoon Suk-yeol has pardoned Samsung Electronics (005930.KS) On Friday, … Read more