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North Korea claims it launched first spy satellite, promises more

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.

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North Korea Claims It Launched First Spy Satellite, Promises More

North Korea Claims It Launched First Spy Satellite, Promises More
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Pyongyang , P-yongyang-si , North-korea , Washington , United-states , Netherlands , Japan , Tokyo , Russia , Seoul , Soult-ukpyolsi , South-korea

As global rates turn, banks in India and Indonesia set to win

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...

Indonesia , India , Bengaluru , Karnataka , South-korea , Singapore , United-kingdom , China , Hong-kong , Australia , Thailand , Japan

Bonds cheer Fed talk of cuts; kiwi flies

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...

Australia , Sydney , New-south-wales , New-zealand , Hong-kong , United-states , Japan , Mizuho , Hokkaido , Switzerland , China , Singapore

Analysis-As global rates turn, banks in India and Indonesia set to win

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 growth suffering. Banking indexes in India, Indonesia and Thailand have all outperformed the broader MSCI Asia ex-Japan index as well as the S&P banks index since March 2022, when the Fed started raising rates.

India , Hong-kong , Bengaluru , Karnataka , Australia , United-kingdom , Singapore , South-korea , Indonesia , Thailand , China , Japan

Japan's Nomura to cut risk assets, costs for wholesale business

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...

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Bonds enjoy Fed rate cuts talk

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...

United-states , London , City-of , United-kingdom , Hong-kong , Japan , Mizuho , Hokkaido , Germany , Switzerland , China , New-zealand

Bonds cheer Fed talk of cuts; Kiwi flies

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

Switzerland , United-states , Sydney , New-south-wales , Australia , Singapore , New-zealand , China , Mizuho , Hokkaido , Japan , Hong-kong

Argentina's Milei to meet Biden aide after lunch with Bill Clinton

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 earlier this month. Earlier on Monday, the self-described anarcho-capitalist Milei arrived in New Jersey with a small group of advisors, including former central banker Luis Caputo, the frontrunner to be his economy minister, and his campaign manager sister Karina Milei, his office said in a statement.

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Argentina's Milei to Meet Biden Aide After Lunch With Bill Clinton

Argentina's Milei to Meet Biden Aide After Lunch With Bill Clinton
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

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