Simon Cameron Moore News Today

SEOUL/TOKYO (Reuters) -North Korea said it successfully placed its first spy satellite in orbit on Tuesday and vowed to launch more in the near future, defying international condemnation from the United States and its allies. Officials in South Korea and Japan, which first reported the launch, said they could not immediately verify whether a satellite was placed in orbit. Pentagon spokesperson Sabrina Singh said the U.S. military was still assessing whether the launch was a success or not.

Treasury yields and the dollar hit multi-month lows on Wednesday after a U.S. Federal Reserve official made fresh hints of interest rate cuts, while stocks were mixed globally. Fed funds...

Pedestrians walk past an electronic board displaying the Nikkei stock average, outside a brokerage firm in Tokyo, Japan, October 31, 2023. REUTERS/Kim

As Asia's banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year. Over the past 18 months Asian central banks tracked the U.S. Federal Reserve tightening monetary policy to battle inflation, but their interest rates hikes were smaller and slower, resulting in better interest income for the region's banks without loan gro...

As Asias banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability...

Asian stocks briefly made one-week highs on Wednesday, bonds rallied and the dollar sank on new hints at U.S. interest rate cuts, while the New Zealand dollar jumped after its central bank said...

Nomura Holdings said on Wednesday it would reduce risk weighted assets by up to 6% and make additional cost cuts in its wholesale business as the top Japanese investment bank scrambles to shore up...

World Trade Organizations dispute settlement body has agreed to establish a panel to review countervailing duties imposed by the European Union on imports of biodiesel from Indonesia, the global... -November 28, 2023 at 12:52 am EST - MarketScreener

Alibabas cloud service said it suffered a near two-hour long disruption affecting customers in mainland China, Hong Kong and the United States on Monday, its second outage within a month. ...

Argentina's President-elect Javier Milei will meet with a top security aide to U.S. President Joe Biden in Washington, the White House confirmed on Monday, after the far-right libertarian lunched with former U.S. President Bill Clinton in New York. The meal with the former U.S. leader, a Democrat largely on the opposite side of the ideological fence from Milei, marked an especially surprising part of the incoming Argentine president's first foreign trip after winning a run-off vote ea...