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3 Hikers Dead After Volcano Erupts in Indonesia

Indonesian authorities said other climbers had safely evacuated Mount Dukono, which had been off-limits because of volcanic activity. By John Yoon and Muktita Suhartono At least three hikers were ...

REUTERS 2022-11-30T19:02:55+00:00

Yellen says appropriate for U.S. firms to assess China geopolitical risks

U.S. Treasury Secretary Janet Yellen said on Wednesday that businesses reviewing their supply chains should be mindful of the geopolitical risks surrounding China's threats to Taiwan as well as other Chinese practices that have raised U.S. national security concerns.

REUTERS 2022-02-23T06:17:57+00:00

Most Asian FX edges up, Thai baht hits a week low on soft recovery

Most Asian currencies inched up on Wednesday as investors remained cautious about the Russia-Ukraine crisis and rising interest rates, while the Thai baht dropped to a week low on indications its economic recovery is likely to be fragile.

REUTERS 2021-06-30T12:07:52+00:00

Dollar set for best month since March, payrolls test looms

The dollar was heading for its biggest monthly rise since March on Wednesday, supported by traders' trepidation ahead of unpredictable U.S. labour data and concern over the spread of the Delta coronavirus variant.

REUTERS 2021-05-13T14:50:26+00:00

Judge sanctions Paul, Weiss and would-be SEC enforcer Alex Oh in Exxon case

A federal judge on Wednesday sanctioned Alex Oh, who briefly led the U.S. Securities and Exchange Commission's enforcement division before resigning last month, and her former law firm over their conduct in a long-running international human rights case against Exxon Mobil Corp.

REUTERS 2024-01-30T08:17:56+00:00

Indian curbs to propel Pakistan's rice exports towards record high

Pakistan's rice exports are likely to jump to a record high in the year ending in June as rival India's decision to curb its own shipments forces buyers to purchase more from Islamabad, which is offering the grain at nearly 16 year-high prices.

REUTERS 2024-06-06T20:30:06+00:00

South Korea progress as Abduweli boosts China's World Cup hopes

South Korea confirmed their place in the next round of Asia's World Cup qualifiers with a 7-0 thrashing of hosts Singapore on Thursday while debutant Behram Abduweli kept China's hopes on track with a late equaliser in a 1-1 draw with Thailand.

REUTERS 2025-02-18T12:29:31+00:00

US paper industry asks Trump to seek lighter EU deforestation rules

The U.S. paper and pulp industry is lobbying President Donald Trump's administration to ask the EU to declare the United States deforestation-free, a step that could make it easier for exporters to meet the bloc's new environmental rules.

REUTERS 2023-06-02T10:33:09+00:00

Thai finance minister frontrunner aims to tackle debt

Thailand's election-winning Move Forward party is committed to increasing welfare spending and the minimum wage while promoting growth by opening up the economy to competition and cutting corruption, its finance minister-designate said.

REUTERS 2023-07-06T12:00:00+00:00

Hottest day on record puts fresh focus on top CO2 emitters

The world's largest emitters of carbon dioxide (CO2) and other greenhouse gases are coming under fresh scrutiny after global temperatures averaged 17.01 degrees Celsius (62.62 Fahrenheit) on Monday, the highest ever recorded.

REUTERS 2021-11-26T08:37:27+00:00

Stocks, currencies drop on new COVID-19 variant

Emerging market assets were firmly in the red on Friday, with South Africa's rand dropping 2%, as a possibly more dangerous COVID-19 variant was detected, forcing new travel restrictions.