US and World News

By Choonsik Yoo SEOUL (Reuters) -South Korea’s won fell more than 1% on Thursday, ending below a key psychological level for the first time in 13-1/2 years, as the U.S. …

By Ira Dugal and Aftab Ahmed NEW DELHI (Reuters) -The Indian government is not averse to a weaker rupee in line with global market fundamentals, a senior official told Reuters, …

SINGAPORE (Reuters) – Goldman Sachs, Barclays and a bunch of investment banks raised their estimates for U.S. policy rates on Thursday, following the Federal Reserve’s 75 basis point rate rise …

ZURICH (Reuters) – Novartis AG plans to ask the U.S. Supreme court to uphold the validity of a patent it holds on the dosing regimen for multiple sclerosis drug Gilenya …

By David Ljunggren (Reuters) -Russia has released 215 Ukrainians it took prisoner after a protracted battle for the port city of Mariupol earlier this year, including top military leaders, a …

ROTTACH-EGERN, Germany (Reuters) – German police raided a lakeside villa registered to Russian-Uzbek oligarch Alisher Usmanov in the southern state of Bavaria on Wednesday as part of investigations into suspected …

By Simon Jessop and Sinead Cruise LONDON (Reuters) – HSBC Holdings Plc told Reuters on Thursday it will stop financing the expansion of thermal coal from funds it manages actively …

(Reuters) -Credit Suisse Group AG has drawn up plans to split its investment bank in three, the Financial Times reported on Thursday, as the Swiss lender attempts to emerge from …

FRANKFURT (Reuters) – The euro zone is facing an economic downturn but inflation is still far too high, so interest rates need to keep going up, European Central Bank board …

A look at the day ahead in European and global markets from Anshuman Daga No pain, no gain. That seems to be message from the Fed as it gave sobering …

TOKYO (Reuters) – Japan has not intervened in the currency market yet but will “most certainly” do so when necessary, the country’s top currency diplomat, Masato Kanda, said on Thursday. …

BEIJING (Reuters) – The China Development Bank (CDB) said on Thursday it will increase the number of infrastructure loans it gives to local governments, while prioritising the needs of major …

By David Shepardson WASHINGTON (Reuters) -U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp vehicles compared with all other manufacturers among 2015 through 2019 model-year …

By Ismail Shakil (Reuters) -Russian President Vladimir Putin’s military mobilization order and threats to use nuclear weapons show that the Ukraine invasion is failing, Canadian Prime Minister Justin Trudeau said …

HONG KONG (Reuters) – HSBC Holdings said on Thursday it raised its best lending rate in Hong Kong by 12.5 basis points to 5.125% effective Sept. 23 after the city’s …

By Andrea Shalal WASHINGTON (Reuters) -The Inter-American Development Bank’s directors are nearing consensus on the need to remove President Mauricio Claver-Carone after an independent ethics investigation, and could vote as …

PRAGUE (Reuters) – Czech National Bank Vice-Governor Eva Zamrazilova is not likely to vote for a rate cut this year as she expects little chance of inflation slowing in a …

By Hyonhee Shin SEOUL (Reuters) -South Korean President Yoon Suk-yeol asked U.S. President Joe Biden to help address Seoul’s concerns that new U.S. rules on electric vehicle subsidies will hurt …

(Reuters) – The Bank of Japan maintained ultra-low interest rates and dovish policy guidance on Thursday, reassuring markets that it will continue to swim against a global tide of central …

HONG KONG (Reuters) -Hong Kong’s finance chief said on Thursday he does not see a sharp risk to the city’s real estate market nor a need to adjust property control …

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s Finance Minister Grant Robertson said on Thursday that new legislation had been introduced to parliament that will establish a formal scheme to …

By John Irish and Michelle Nichols UNITED NATIONS (Reuters) -European Union foreign ministers agreed on Wednesday to prepare new sanctions on Russia and increase weapons’ deliveries to Kyiv after President …

By David Brunnstrom and Hyonhee Shin UNITED NATIONS/SEOUL (Reuters) -South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida held their first one-on-one talks on Wednesday and agreed on …

By Kevin Buckland and Vidya Ranganathan SINGAPORE (Reuters) -A quadrillion yen is lying idle with Japanese households, ready to be shipped overseas when yields abroad turn more attractive, and that …

SEOUL (Reuters) – South Korean President Yoon Suk-yeol has asked his U.S. counterpart Joe Biden to resolve Seoul’s concerns over the recently passed U.S. Inflation Reduction Act, Yonhap news agency …