South Korea’s finance minister says more stabilizing foreign exchange measures are on the way

Register now for FREE unlimited access to Reuters.com Register SEOUL, Sept. 25 (Reuters) – South Korea’s finance minister said the government would prepare more measures to stabilize the foreign exchange market while downplaying the need for a currency swap deal with the United States. The measures include using the government’s foreign exchange clearing fund to … Read more

Iran says US move to ease internet sanctions is part of its hostile stance

A national Iranian flag flutters in the wind above an Iranian embassy building amid Russia’s attack on Ukraine, in Kiev, Ukraine, Sept. 24, 2022. REUTERS/Valentyn Ogirenko Register now for FREE unlimited access to Reuters.com Register DUBAI, Sept. 24 (Reuters) – Iran on Saturday criticized a US move to make exceptions to sanctions to help provide … Read more

Russia’s Lavrov accuses Washington of ‘playing with fire’ around Taiwan

Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept. 24 (Reuters) – Russia on Saturday accused the United States of “playing with fire” around Taiwan, while China said it will push for “peaceful reunification” with the democratically-ruled island and pledged to take strong steps to resist against any outside interference, a thinly … Read more

Some investors pull out of SPAC merger with Trump’s media company

The Truth social network logo can be seen on a smartphone in front of a display of former US President Donald Trump in this image, taken Feb. 21, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept. 23 (Reuters) – Some investors are pulling out of Digital World Acquisition Corp … Read more

Ukraine 2022/23 solar oil output seen at 3.5 to 4.9 mln T – analyst

Register now for FREE unlimited access to Reuters.com Register KYIV, Sept. 24 (Reuters) – Ukraine’s sunflower oil production could reach between 3.5 and 4.9 million tons in the 2022/23 season, compared to 5 million tons in 2021/22, analyst APK-Inform said on Saturday. The consultancy said in a report that solar oil exports could be between … Read more

Musk says to activate Starlink, in response to Blinken about internet freedom in Iran

The Starlink logo can be seen on a smartphone in front of the Ukrainian flag displayed in this image, taken Feb. 27, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept. 23 (Reuters) – SpaceX CEO Elon Musk said Friday he would activate the company’s satellite internet service, Starlink, in response … Read more

More than 1,600 bus drivers at London United get 10% pay rise – union

A bus driver and a passenger wear protective face masks during a bus journey through the City of London as the spread of the coronavirus disease (COVID-19) continues, London, UK, April 20, 2020. REUTERS/Dylan Martinez Register now for FREE unlimited access to Reuters.com Register LONDON, Sept. 23 (Reuters) – A British union said it has … Read more

Bank of England must raise interest rates next week to calm markets, Deutsche Bank analyst says

A general view of the Bank of England (BoE) building, the BoE has confirmed to raise interest rates to 1.75%, in London, UK, Aug. 4, 2022. REUTERS/Maja Smiejkowska Register now for FREE unlimited access to Reuters.com Register LONDON, Sept. 23 (Reuters) – Britain’s central bank must implement a major rate hike between meetings as early … Read more

Airbus denounces skeptical supplier Raytheon over jet output

Register now for FREE unlimited access to Reuters.com Register PARIS, Sept. 23 (Reuters) – Europe’s Airbus (AIR.PA) clashed with US giant Raytheon Technologies (RTX.N) on Friday over plans for a record jump in jet aircraft output, after the industry’s largest contractor questioned whether a battered supply chain could hold you well. The world’s largest aircraft … Read more

Britain is betting everything on historic tax cuts and loans, investors scare

Kwarteng lowers top income tax rate for growth Huge increase in UK sovereign debt issuance planned Stamps suffer worst malaise in decades Pound falls to new 37-year low against dollar LONDON, Sept. 23 (Reuters) – Britain’s new Chancellor of the Exchequer, Kwasi Kwarteng, on Friday unleashed historic tax cuts and massive loan increases into an … Read more