China new home prices fall at fastest pace in over 9 years
BEIJING (Reuters) -China's new home prices fell at the fastest monthly pace in over nine years in April, keeping pressure on authorities as intensified efforts to prop up the ailing property sector show few signs of paying off. Prices were down 0.6% mo...
2h ago
Asian stocks ease on uncertainty over timing of U.S. rate cuts
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks inched lower on Friday as traders pondered the near term U.S. monetary policy path after Federal Reserve officials suggested that interest rates may need to stay higher for longer even as inflati...
2h ago
Space data fuels India's farming innovation drive
By Nivedita Bhattacharjee BENGALURU (Reuters) - Lokeswara Reddy, an Indian farmer with two decades of experience, has seen his crops flourish after lean years, thanks to earth-observation satellites. Shifting climate patterns, high input costs, a s...
2h ago
Proxy adviser Glass Lewis urges Hess shareholders accept Chevron takeover offer
By Gary McWilliams HOUSTON (Reuters) - Hess shareholders should vote in favor of Chevron Corp's $53 billion offer at the company's May 28 special meeting, proxy adviser Glass Lewis said on Thursday. The proposed deal terms provides a reasonable val...
3h ago
Ukrainian drone attack kills mother, son in Russia's Belgorod region, governor says
(Reuters) - A Ukrainian drone strike killed a mother and her 4-year-old son who were travelling in a car in Russia's southern Belgorod region, the regional governor said early on Friday. Vyacheslav Gladkov, writing on the Telegram messaging app, sa...
3h ago
Dollar set for weekly drop on US slowdown signs
By Tom Westbrook SINGAPORE (Reuters) - The dollar headed for its largest weekly fall versus the euro in two-and-a-half months on Friday as signs of cooling inflation and a softening U.S. economy raised the prospect of rate cuts. The euro is up 0.9%...
3h ago
Oil set for weekly gain on signs of improving demand
By Shariq Khan NEW YORK (Reuters) - Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand and slowing inflation in top oil consumer the Uni...
3h ago
Golf-Dazzling eagle gets Scheffler on right track at PGA Championship
(Reuters) - Scottie Scheffler sent the crowd into a frenzy as he holed out for an eagle to start his PGA Championship campaign in Louisville, Kentucky, on Thursday, as he carded a four-under par 67 to end the day five shots back from the lead. Play...
3h ago
Tracking China's 'grey zone' balloon flights over Taiwan
By Jackie Gu and Yimou Lee TAIPEI (Reuters) - About a month before Taiwan's January presidential election, China began sending intruders over the Taiwan Strait: more than 100 balloons, some of which passed through the island's airspace or busy, Tai...
3h ago
Crypto boom, erratic rain spark outages in Laos, Asia's clean power export hub
By Sudarshan Varadhan BANGKOK (Reuters) - Higher electricity demand in Laos due to cryptocurrency mining and erratic rainfall have led to power shortages, an advisor to its state-run utility said, revealing challenges to the nation's prospects as a...
3h ago
Google seeks non-jury trial in US ad tech lawsuit, filing says
WASHINGTON (Reuters) - Alphabet's Google in a court filing on Thursday is seeking a non-jury trial in the U.S. Justice Department's lawsuit accusing the advertising and search giant of anticompetitive practices in the online advertising marketplace...
3h ago
BOJ has no immediate plan to sell ETF holdings, Governor Ueda says
TOKYO (Reuters) - Bank of Japan Governor Kazuo Ueda said on Friday the central bank had no immediate plan to sell its huge holdings of exchange-traded funds (ETFs). "We must spend some time in deciding what to do with our ETF holdings, including wh...
3h ago
Israeli hostage to UN: We can't normalize this unprecedented terror
By Michelle Nichols UNITED NATIONS (Reuters) - Shoshan Haran, her daughter and two grandchildren were taken hostage by Hamas militants in Israel on Oct. 7. On Thursday, Haran recalled the effects of 50 days in captivity on her three-year-old grandd...
5h ago
Panama weighs more checkpoints in treacherous jungle increasingly crossed by migrants
By Elida Moreno PANAMA CITY (Reuters) - Panama's next government is considering erecting new checkpoints along a stretch of thick jungle on its southern border that has become a treacherous part of the journey for growing masses of U.S.-bound migra...
5h ago
Senegalese prime minister criticises French military bases on territory
DAKAR (Reuters) - Senegal's prime minister Ousmane Sonko raised the possibility of closing French military bases in the West African country on Thursday in a wide-ranging speech that also touched on the euro-backed CFA franc currency, oil and gas d...
5h ago