Emmanuel Macron unsure whether US will stick to Iran deal
2018-05-02 06:08:29 UTC
SYDNEY (Reuters) - French President Emmanuel Macron on Wednesday said he did not know whether U.S. President Donald Trump would stick to the 2015 Iran nuclear deal that many in the West see as the best hope of preventing Tehran from getting a nuclear bomb.
Macron, followed by German Chancellor Angela Merkel, visited Washington last ...
North Korea's Kim Jong Un meets South Korea's President Moon Jae-in
2018-04-27 06:36:12 UTC
SEOUL (Reuters) - Smiling and holding hands, North Korean leader Kim Jong Un and South Korean President Moon Jae-in met at the heavily fortified demilitarized zone between the countries on Friday in the first summit for the two Koreas in over a decade.
Scenes of Moon and Kim joking and walking together marked a striking contrast to ...
China asks EU to stand together against US protectionism
2018-04-17 17:12:37 UTC
BEIJING/BRUSSELS (Reuters) - China’s international trade representative held a series of meetings with the ambassadors from major European nations last week to ask them to stand together with Beijing against U.S. protectionism, according to four sources familiar with the discussions.
Some of the western diplomats involved in the mee...
Trump Flip Flops on TPP - Trans Pacific Partnership
2018-04-12 23:35:17 UTC
WASHINGTON (Reuters) - U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans Pacific Partnership, a multinational trade pact he withdrew the United States from last year, White House spokeswoman Lindsay Walters said.
Republican senators met with Trump on Thursday and he told them that he has ask...
China increased tariffs by up to 25 percent on 128 US goods
2018-04-02 06:29:23 UTC
BEIJING (Reuters) - China has increased tariffs by up to 25 percent on 128 U.S. products including frozen pork, wine and certain fruits and nuts, escalating a spat between the world’s biggest economies in response to U.S. duties on imports of aluminum and steel.
The tariffs, to take effect on Monday, were announced late on Sunday by...
Trade Conflict Fears To Keep Markets On Edge
2018-03-30 08:50:53 UTC
BRUSSELS (Reuters) - A full-scale global trade war has not broken out yet - but that hasn’t stopped the market from fretting about one or analysts from warning about the potential cost.
Whether such concerns remain a driving force for asset prices in the coming days depends largely on decisions, tweets and formal announcements from ...
China and US tussle at WTO over legality of Trump tariffs
2018-03-27 17:39:35 UTC
GENEVA (Reuters) - The United States sparred with China at the World Trade Organization (WTO) on Tuesday over the legality of U.S. tariffs in response to alleged theft of U.S. intellectual property.
U.S. President Donald Trump signed a presidential memorandum last week proposing tariffs on up to $60 billion of Chinese goods over wha...
Trump sets China tariff plan, Dow plummets 720 points
2018-03-22 20:30:02 UTC
WASHINGTON (Reuters) - Global stocks had sold off on Thursday on the expectation of tough action from Trump, with U.S. markets down as much as 2.93 percent, plummets 724.42 points.
The Dow and Nasdaq stock indexes had fallen as much as 2 percent while the benchmark S&P was down as much as 1.85 percent before midday, as investors fre...
Chinese carmaker Geely's profit more than doubled in 2017
2018-03-21 07:58:51 UTC
SHANGHAI (Reuters) - Chinese carmaker Geely Automobile Holdings Ltd, whose chairman recently took a $9 billion stake in Germany’s Daimler AG, said on Wednesday its profits more than doubled in 2017, driven by strong domestic sales of popular SUVs.
The automaker, based in the eastern Chinese city of Hangzhou, said in a stock exchange...
China pushing new energy vehicles to boost its global presence
2018-03-20 07:23:59 UTC
SHANGHAI (Reuters) - Delegates to China’s annual meeting of parliament have urged the state to provide more policy clarity for the electric car industry and overhaul a local government subsidy program they say has distorted the market.
China is aggressively pushing new energy vehicles (NEVs) not only to cut smog in congested cities ...
Chinese President Xi Jinping to become president for life
2018-03-11 08:34:21 UTC
BEIJING (AP) — China’s rubber-stamp lawmakers on Sunday passed a historic constitutional amendment abolishing presidential term limits that will enable President Xi Jinping to rule indefinitely.
The National People’s Congress’ nearly 3,000 hand-picked delegates endorsed the constitutional amendment Sunday, voting 2,958 in favor with...
Trump to meet Kim Jong-un by May
2018-03-09 02:37:27 UTC
WASHINGTON (Reuters) - President Donald Trump is ready to meet North Korean leader Kim Jong Un by May in response to Kim’s invitation to hold the first-ever U.S.-North Korea summit, a South Korean envoy said, marking a potentially dramatic breakthrough in the North Korea nuclear standoff.
Kim has committed to “denuclearization” and ...
German automakers outselling GM in South Korea
2018-03-07 07:22:17 UTC
Mercedes and BMW both sold more cars in South Korea than General Motors for the first time last month, helped by the growing popularity of German premium brands and as consumers shied away from GM after it announced a major restructuring.
While home-grown automakers Hyundai Motor and Kia Motors Corp dominate the local market, high-e...
Kim Jong Un meets high-level delegation of South Korea's President Moon
2018-03-06 09:45:14 UTC
SEOUL (Reuters) - North Korean leader Kim Jong Un met senior South Korean government officials for the first time and said it is his “firm will to vigorously advance” inter-Korean ties and pursue reunification, the North’s official news agency said on Tuesday.
A 10-member South Korean delegation led by National Security Office head ...
Iran urges West to dismantle its nuclear weapons before any missile talks
2018-03-04 01:23:53 UTC
DUBAI (Reuters) - Iran will not negotiate over its ballistic missiles until the United States and Europe dismantle nuclear weapons and long-range missiles, a top Iranian military official said on Saturday.
Separately, Iran confirmed that the Iranian foreign minister had met his former U.S. counterpart John Kerry on the sidelines of ...
The Economic Consequences of Trump's Trade War
2018-03-02 08:37:49 UTC
SEOUL/SYDNEY (Reuters) - The U.S. oil and gas industry slammed President Donald Trump's plan to impose tariffs on imported steel, saying the move would kill energy jobs by raising costs for big infrastructure projects.
Trump’s planned tariffs on steel and aluminum will distort global trade and cost jobs, Australia’s trade minist...
South Korean prosecutors seek long sentence for ex-President Park Geun-hye
2018-02-27 07:08:31 UTC
Millions of South Koreans protested for Park Guen-hye's removal from office in response to corruption allegations in late 2016. The country's highest court removed her in March 2017.
Prosecutors on Tuesday demanded a 30-year prison sentence for former South Korean President Park Geun-hye for bribery and abuse of power.
"We ask th...
North Korea canceled a secret meeting with US
2018-02-21 05:34:36 UTC
WASHINGTON (AP) — Vice President Mike Pence was all set to hold a history-making meeting with North Korean officials during the Winter Olympics in South Korea, but Kim Jong Un’s government canceled at the last minute, the Trump administration said Tuesday.
A potential meeting between Pence and the North Koreans had been the most hig...
North Korean leader invited South Korean President for talks in Pyongyang
2018-02-10 20:11:36 UTC
SEOUL/PYEONGCHANG, South Korea - North Korean leader Kim Jong Un invited South Korean President Moon Jae-in for talks in Pyongyang, South Korean officials said.
Any meeting would represent a diplomatic coup for Moon, who swept to power last year on a policy of engaging more with the reclusive North and has pushed for a diplomatic so...
How Buddhist villagers and Myanmar troops killed 10 Rohingya men
2018-04-12 15:03:42 UTC
A REUTERS SPECIAL REPORT (INN DIN, Myanmar) —
<blockquote>On Sept. 2, Buddhist villagers and Myanmar troops killed 10 Rohingya men in Myanmar's restive Rakhine state. Reuters uncovered the massacre and has pieced together how it unfolded. During the reporting of this article, two Reuters journalists were arrested by Myanmar police....
Russian police raid opposition leader Alexei Navalny's office amid protests
2018-01-28 08:46:04 UTC
MOSCOW — Russian police have forced their way into the Moscow office of opposition leader Alexei Navalny, a spokeswoman says. The raid comes as Navalny's supporters plan nationwide rallies to protest "pseudo-elections."
Russian police descended on the Moscow headquarters of opposition leader Alexei Navalny on Sunday morning and forc...
Weak US Dollar Struggles, Asian Shares Reach Record Peak
2018-01-25 07:27:10 UTC
TOKYO (Reuters) - Asian stocks hit a record high on Thursday though concerns about the Trump administration’s protectionist stance tempered enthusiasm in financial markets, while the dollar struggled after U.S. Treasury Secretary Steven Mnuchin welcomed a weaker currency.
European shares are expected to tick up slightly, with spread...
Nobel peace laureate Ebadi urges sanctions against Mullahs
2018-01-04 21:12:12 UTC
LONDON (Reuters) - Iranian Nobel Peace laureate Shirin Ebadi urged the United States and international community to support nationwide protests in Iran with political sanctions and not economic measures that could hit the general population.
The protests, which began over economic hardships suffered by the young and working class, p...
South Korea holding a ship alleged to have transferred oil to North Korea
2017-12-29 16:41:50 UTC
The South Korean government announced that it seized the Lighthouse Winmore, a Hong Kong-flagged tanker carrying Japanese oil, in late November.
The ship, chartered by the Taiwanese company Billions Bunker Group, was loaded with 600 tons of refined Japanese petroleum and supposedly bound for Taiwan when it was originally inspected ...
Daughter died in a windowless room where her parents locked her up for 15 years
2017-12-28 22:14:21 UTC
JAPAN, OSAKA – A couple who were arrested after the death of their 33-year-old daughter have confessed to confining her in a tiny room for around 15 years because, they said, she had a form of mental illness that made her violent, according to police sources.
The police said that an autopsy showed that the woman, Airi Kakimoto, whos...