JOHANNESBURG (Reuters) -South Africa’s rand retreated on Friday, losing gains made after U.S. data offered hope inflation was now on a sustained downward trend, potentially allowing the Federal Reserve to slow its policy tightening pace. At 1525 GMT, the rand traded at 16.8300 against the dollar, 0.6% weaker than its previous close. The dollar index, …
South African rand retreats as dollar edges higher Read More »
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -The Japanese government’s top economic policy panel will invite eight economists, including an expert on the country’s inflation trends, to upcoming special sessions to discuss the monetary-fiscal policy mix, Economy Minister Shigeyuki Goto said on Friday. But the sessions will not draft new policy objectives to replace …
Japan’s economic policy panel won’t craft new accord with BOJ, minister says Read More »
By Rama Venkat and Bharath Rajeswaran BENGALURU (Reuters) – Indian shares closed higher on Friday, logging a weekly gain, boosted by a rise in heavyweight financial and IT stocks, and as easing inflation data raised hopes of a slowdown in rate hikes. The Nifty 50 closed 0.55% higher at 17,956.60 and Sensex rose 0.51% to …
Indian shares log weekly gains as rate worries ease Read More »
By Sarah N. Lynch and Jeff Mason WASHINGTON (Reuters) -U.S. Attorney General Merrick Garland named a special counsel on Thursday to probe the improper storage of classified documents at President Joe Biden’s home and former office, an echo of a wider-ranging inquiry directed at former President Donald Trump. The inquiry is a distraction for the …
Special counsel appointed to probe Biden’s handling of classified documents Read More »
By Lisa Richwine and Danielle Broadway BEVERLY HILLS, Calif. (Reuters) -“The Fabelmans,” Steven Spielberg’s movie inspired by his teen years, and dark comedy “The Banshees of Inisherin” landed the top movie awards at the Golden Globes on Tuesday as Hollywood returned to a show that had been knocked off television by scandal. “The Fabelmans” was …
‘Fabelmans,’ ‘Banshees’ win top awards as Hollywood re-embraces Golden Globes Read More »
By Pavel Polityuk and Vladyslav Smilianets KYIV/NEAR SOLEDAR, Ukraine (Reuters) -Ukraine said its troops were holding out against pro-Moscow forces in the eastern salt mining town of Soledar as more than 500 civilians including children were trapped there. In a video address, Ukrainian President Volodymyr Zelenskiy on Thursday thanked two units in Soledar that he …
Ukraine says its forces hold out against Russia in battle for Soledar Read More »
By Mei Mei Chu KUALA LUMPUR (Reuters) -Palm oil production in the world’s largest producers, Indonesia and Malaysia, will remain squeezed this year amid anticipation of rising demand from key market China, industry officials said in a seminar on Thursday. The two Southeast Asian nations account for around 85% of the world’s exports, but output …
Palm oil production in top Asian producers to remain tight in 2023 Read More »
By Mei Mei Chu KUALA LUMPUR (Reuters) -Malaysia said on Thursday it could stop exporting palm oil to the European Union in response to a new EU law aimed at protecting forests by strictly regulating sale of the product. Commodities Minister Fadillah Yusof said Malaysia and Indonesia would discuss the law, which bans sale of …
Malaysia says it could stop palm oil exports to EU after new curbs Read More »
By Ann Saphir and Howard Schneider (Reuters) -Federal Reserve policymakers on Thursday expressed relief that inflation continued easing in December, paving the way for a possible step down to a quarter point interest rate increase when the U.S. central bank meets in just under three weeks. U.S. consumer prices fell in December in the first …
Fed policymakers signal rate-hike slowdown coming, but no easing Read More »
By Andrew Goudsward and Sarah N. Lynch WASHINGTON (Reuters) – U.S. prosecutors on Thursday accused leaders of the far-right Proud Boys group of plotting an assault on American democracy as one of the most high-profile trials to stem from the Jan. 6, 2021 Capitol attack got underway. In an opening argument, federal prosecutor Jason McCullough …
Proud Boys ‘took aim’ at U.S. democracy, prosecutor tells Jan. 6 trial Read More »
