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By Daniel Flynn KYIV, June 2 (Reuters) – How to stop Russian drones flying undetected across the Black Sea to attack Ukraine’s port city of Odesa? That was the problem facing Ukraine’s military that Charles Maher set out to solve. The former U.S. submarine commander, who founded maritime intelligence and security company BlueShadow, started working with the Ukraine’s defence units to develop a system to control swarms of autonomous naval […]

BANGKOK, June 2 (Reuters) – Cambodia on Tuesday said it informed the United Nations and Thailand that it had launched a compulsory conciliation process under international law aimed at resolving a long-running maritime boundary dispute with Bangkok. The move follows a Thai government decision last month to unilaterally terminate a 2001 agreement with Cambodia that provided a framework for negotiations over the disputed area in the Gulf of Thailand where […]

By Makiko Yamazaki and Miho Uranaka TOKYO, June 2 (Reuters) – The Bank of Japan should lay out a clear path for policy normalisation after a widely expected rate hike this month to stabilise the bond market, Sumitomo Mitsui Financial Group’s global markets chief, Arihiro Nagata, told Reuters. The call for clearer guidance from Japan’s second-largest banking group comes as the 10-year government bond yield has hit 30-year highs, while […]

By Francesco Canepa and Rob Lang FRANKFURT, June 2 (Reuters) – Only a third of the euro zone’s largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis of listed corporate earnings commentary shows, suggesting a weak economy is curbing their pricing power. Investors and European Central Bank policymakers have been trying to gauge whether the euro zone is facing another hefty bout […]

TOKYO (AP) — Asian shares mostly declined Tuesday as renewed fighting threatened the U.S.-Iran ceasefire. U.S. futures also fell. Japan’s benchmark Nikkei 225 slipped 1.6% to 65,833.49 and South Korea’s Kospi dipped 1.7% to 8,642.82. The Hang Seng gained 1.2% to 25,698.75, while the Shanghai Composite slipped less than 0.1% to 4,056.56. Australia’s S&P/ASX 200 shed 0.4% to 8,692.20. Monday on Wall Street, U.S. stocks ticked to more records. The […]

WASHINGTON (AP) — Senate Republicans will meet Tuesday to discuss next steps after the Justice Department said it would comply with a court order pausing the implementation of a $1.776 billion settlement fund designed to compensate President Donald Trump’s political allies. GOP senators who revolted against the settlement before leaving for a Memorial Day recess two weeks ago say they want more information from the administration about the future of […]

California Democrats persuaded voters to let them redraw the state’s congressional map so the party could potentially gain five seats in the U.S. House to counter GOP redistricting in Texas. Tuesday’s primary will be the first indication of whether that will pay off. The state’s unusual primary system, in which the top two vote-getters advance to the general election regardless of party, means Democrats have a chance of effectively missing […]

SACRAMENTO, Calif. (AP) — California’s gubernatorial primary comes to a close Tuesday as voters choose from an extensive field of candidates hoping to replace termed-out Democratic Gov. Gavin Newsom. The end of the voting period, which began in early May, concludes a chaotic contest without a clear front-runner. Candidates tried to elbow each other out in the final stretch as each sought to convince voters that they were best prepared […]

TRENTON, N.J. (AP) — Democrats will choose their U.S. House nominee on Tuesday in a New Jersey battleground district represented by Republican incumbent Tom Kean Jr., who’s been absent from Congress for months as he deals with an unspecified medical issue. New Jersey’s 7th District, which includes suburban towns and rolling farmland — and one of President Donald Trump’s golf clubs — is the state’s highest-profile primary. Four Democrats are […]