Reuters Wire
Japan Nov Consumer Inflation Likely to Hit Fresh 4-Decade High: Reuters Poll
TOKYO - Japan's nationwide consumer price inflation likely hit a fresh 40-year high in November, as firms increasingly passed on high energy, food, and raw material costs to households, a Reuters poll showed. November's nationwide...
ANC Infighting Is Failing South Africa: Former President Mbeki’s Brother
The ruling African National Congress is failing South Africa due to its infighting, the brother of former president Thabo Mbeki told Reuters in an interview. Political analyst Moeletsi Mbeki said on Tuesday (December 13) the...
Japan PM Kishida Announces Unprecedented Military Build-up
Japanese Prime Minister Fumio Kishida on Friday announced the country's biggest military build-up since World War Two with a $320 billion plan that will buy missiles capable of striking China and ready it for sustained...
SpaceX Rocket Sends First Global Water Survey Mission Into Orbit
A SpaceX rocket blasted off early on Friday carrying a U.S.-French satellite designed to conduct an unprecedented global survey of Earth's surface waters, a mission expected to shed new light on the mechanics and consequences...
Energy Crisis Fuels Coal Comeback in Germany
By Vera Eckert and Tom Sims FRANKFURT - Coal has made a comeback in Germany this year, as Europe's largest economy turns to the dirty fuel to power it through an energy crisis. More than...
Musk Cashes Out Another $3.6 Billion in Tesla Stock
Tesla boss Elon Musk disclosed another $3.6 billion in stock sales on Wednesday, taking his total near $40 billion this year and frustrating investors as the company's shares wallow at two-year lows. A U.S securities...
US Retail Sales Post Biggest Drop in 11 Months; Labor Market Tight
U.S. retail sales fell more than expected in November, but consumer spending remains supported by a tight labor market, with the number of Americans filing for unemployment benefits decreasing by the most in five months...
Pelosi Undecided if US House Will Take Up TikTok Government Device Ban Bill
Speaker Nancy Pelosi said on Thursday she had yet to decide whether the U.S. House of Representatives will join the Senate in backing legislation to bar federal government employees from using Chinese-owned TikTok on government-owned...
Bank of Mexico Hikes Interest Rate to 10.50%, Signal Another increase Coming
The Bank of Mexico raised its key interest rate by an expected 50 basis points to a record 10.50% on Thursday, tempering its monetary tightening pace amid a slowdown in inflation while suggesting it could...
Oil Prices Ease 1% as Dollar Firms and Central Banks Hike Interest Rates
Oil prices eased about 1 percent on Thursday as traders worried about the fuel demand outlook due to a stronger dollar and further interest rate hikes by global central banks. After rising for three straight...
Sri Lanka’s Economy Shrinks 11.8% in Second-Worst Quarterly Performance
By Uditha Jayasinghe COLOMBO - Sri Lanka's economy shrank 11.8% in the July-September quarter from a year ago, government data showed on Thursday, the second-worst quarterly contraction ever for the country going through a severe...
Peru Declares State of Emergency as Eight Die in Protests Over Castillo Ousting
Peru announced a nationwide state of emergency on Wednesday (December 14), granting police special powers and limiting freedoms, including the right to assembly, after a week of fiery protests that have left at least eight...