India equity option traders hunt for new playgrounds as tighter rules loom

By Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) – Millions of Indian retail traders are exploring alternative ways to earn profits ahead of stricter regulations on trading equity derivatives next month, but their transition is unlikely to be smooth, investors and brokers say. Derivatives trading in India has boomed in the past few years, with …

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Biden offers both a carrot and a stick to Israel as his term nears an end

By Phil Stewart and Jonathan Landay WASHINGTON (Reuters) – In his final months in office, President Joe Biden is signaling new willingness to use U.S. military assistance to Israel as both a carrot and a stick to influence its high-stakes confrontation with Iran and Iran-backed militant groups.  But while the approach increases Washington’s involvement in …

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Mexican Senate votes to give constitutional preference to state power company

MEXICO CITY (Reuters) – Mexico’s Senate voted to amend the country’s constitution late on Wednesday to give dispatch preferences to state electricity company CFE, cementing the national power generator’s preferential status above foreign or private competitors. The initiative passed the upper chamber of Congress with 86 votes to 39, meeting the requirement of two-thirds support …

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Biden, dignitaries honor human rights champion, ‘spitfire’ Ethel Kennedy

By Gabriella Borter, Susan Heavey WASHINGTON (Reuters) -U.S. President Joe Biden joined former Democratic presidents and others to honor longtime human rights advocate and storied political family matriarch Ethel Kennedy at a memorial service in Washington on Wednesday after her death last week at age 96. The widow of Robert F. Kennedy – a former …

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Harris grilled on Fox News on immigration, Biden’s fitness for office

By Nandita Bose and Stephanie Kelly WASHINGTON CROSSING, Pennsylvania (Reuters) -Democratic presidential candidate Kamala Harris defended the Biden administration’s handling of illegal immigration in a combative television interview on Wednesday, blaming Republicans for failing to pass a border security bill. Grilled by host Bret Baier on Fox News, Harris also defended President Joe Biden’s mental …

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Indonesia’s Prabowo gets support from biggest party, but no coalition deal yet

By Stanley Widianto JAKARTA (Reuters) – Indonesia’s largest political party said it would support incoming president Prabowo Subianto, but it was unclear on Thursday whether it would formally join his already dominant coalition just days ahead of the inauguration ceremony. If Prabowo, who will take over the presidency on Sunday, can reach a deal with …

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Former Seoul police chief found not guilty of negligence in Halloween crush

SEOUL (Reuters) – A South Korean court ruled on Thursday that Seoul’s former police chief was not guilty of negligence in the response to a Halloween crowd crush in the capital’s Itaewon nightlife district that killed 159 revellers in 2022. The Seoul Western District Court said it acquitted Kim Kwang-ho, the highest-ranking police official indicted …

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China building capacity to rapidly strike Taiwan, senior Taiwanese official says

By Yimou Lee TAIPEI (Reuters) -China is building its capacity to rapidly turn military drills into a full-out attack, a senior Taiwan security official said, providing the Taipei government’s assessment of the strategic intent behind Beijing’s war games around the island this week. China, which views democratically governed Taiwan as its own territory, staged large-scale …

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