Updated

Taiwan’s voters rebuff China and give ruling party third presidential term

By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Taiwanese voters swept the ruling Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te into power on Saturday, strongly rejecting Chinese pressure to spurn him, as China said it would not give up on achieving “reunification”. Lai’s party, which champions Taiwan’s separate identity and rejects China’s territorial claims, …

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Yemen’s Houthis vow strong response after new US strike

By Idrees Ali, Phil Stewart and Mohammed Ghobari WASHINGTON/ADEN (Reuters) -The Houthi militia threatened a “strong and effective response” after the United States carried out another strike in Yemen overnight, further ratcheting up tensions as Washington vowed to protect shipping from attacks by the Iran-aligned movement. The strikes have added to concerns about the escalation …

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India protests UK diplomat’s visit to Pakistan-controlled Kashmir

MUMBAI (Reuters) -India said on Saturday it had lodged a protest over a senior British diplomat’s visit to Pakistan-controlled Kashmir, saying the trip this week had infringed on India’s “sovereignty and territorial integrity”. Kashmir is claimed in full, but controlled only in part, by nuclear-armed India and Pakistan, which have fought two wars and engaged …

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India, US seek to bolster trade ties, work together on critical minerals

By Shivangi Acharya and Mayank Bhardwaj NEW DELHI (Reuters) – India and the United States have agreed to bolster trade ties and deepen cooperation in areas such as critical minerals, the United States Trade Representative Katherine Tai said on Saturday. India’s trade minister Piyush Goyal and Tai held their annual trade policy talks in New …

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Stocks end little changed as earnings offset inflation data

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed barely changed on Friday, after wavering between modest gains and losses, as mixed bank earnings offset cooler-than-expected inflation news that buoyed hopes for interest-rate cuts from the Federal Reserve. On Friday, data showed U.S. producer prices unexpectedly fell in December as the cost of goods such …

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