ASXPAC

Sunak favorite to be UK PM after Johnson drops comeback bid

Johnson withdraws from the contest Sunak officially declares that he will run The first vote will take place on Monday. Sunak clearly leads another Mordaunt contender LONDON, Oct 23 (Reuters) – Rishi Sunak appeared poised to become Britain’s next prime minister after Boris Johnson dropped out of the race on Sunday, saying that while he …

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Dollar Absorbs Suspected Yen Intervention; mixed data from China

https://tmsnrt.rs/2zpUAr4 The dollar hit against the yen by the alleged intervention of the BOJ Stocks trim early gains as China markets ease China’s GDP beats forecasts, but retail sales disappoint Stg flat as Boris Johnson drops out of the PM race SYDNEY, Oct 24 (Reuters) – The U.S. dollar on Monday weathered another purported flurry …

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Russia attacks houses near Ukraine’s southern front

Russian minister says Ukraine could use ‘dirty bomb’ Missile crashes into Mykolaiv apartment block Ukrainian forces on the offensive in the Kherson region Kherson is the gateway to Russian-annexed Crimea MYKOLAIV, Ukraine, Oct 23 (Reuters) – Under pressure in southern Ukraine, Russia fired missiles and drones at Ukrainian-controlled Mykolaiv on Sunday, destroying an apartment block …

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Nasdaq halts small Chinese company IPOs as it probes stock rallies

NEW YORK, Oct 22 (Reuters) – Nasdaq Inc. (NDAQ.O) has slowed initial public offering (IPO) preparations for at least four small Chinese companies while investigating short-lived stock rallies by said companies after their debuts, according to lawyers and bankers working on such stock launches. The stock trader’s actions come amid a surge in shares of …

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Tens of thousands march in Berlin in support of Iran protests

Tens of thousands demonstrate in Berlin in support of the protests in Iran Crowd Koreas ‘Death to Khamenei’ at Berlin rally Protests enter sixth week despite deadly crackdown Revolutionary Guards warn cleric of ‘unrest’ in southeast BERLIN/DUBAI, Oct 22 (Reuters) – Tens of thousands of people marched in Berlin on Saturday in a show of …

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EXCLUSIVE In letter, Sweden lists ‘concrete actions’ on Turkey’s concerns over NATO bid

Sweden said it had stepped up efforts against Kurdish militants. Says he will address pending extradition requests Letter intended to demonstrate Sweden’s commitment to the promises Sweden asked to join NATO after Russia’s invasion of Ukraine Turkey initially vetoed, accused Sweden of harboring militants ISTANBUL, Oct 21 (Reuters) – Sweden has taken “concrete steps” to …

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Japan inflation hits 8-year high in test of BOJ dovish policy

September core CPI up 3.0% yoy, match forecast Core consumer inflation remains above BOJ target for sixth month The data underscores the expansion of inflationary pressure BOJ sees keeping ultra-low interest rates in fragile economy TOKYO, Oct 21 (Reuters) – Japan’s core consumer inflation rate accelerated to a new eight-year high of 3.0% in September, …

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EXCLUSIVE On ‘Line By Line’ Loop, Hezbollah Shows Pragmatic Side In Lebanon-Israel Deal

Pragmatism trumps ideology as Hezbollah approves deal The United States achieved historic compromise between Israel and Lebanon Offshore gas would provide Lebanon with much-needed foreign exchange BEIRUT, Oct 18 (Reuters) – (This story from October 18 has been corrected to clarify that Atallah is the founding director of The Policy Initiative think tank, not the …

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Nord Stream ruptures revealed as Europe grapples with gas plan

Nord Stream leak discovered in late September Newspaper reports what it calls first images of damage The EU proposes energy measures and avoids an immediate cap on the price of gas EU seeks to launch new gas price reference, joint purchases COPENHAGEN/BRUSSELS, Oct 18 (Reuters) – Damage to Russia’s Nord Stream gas pipeline to Europe …

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