Town Hall News

By Ankur Banerjee SINGAPORE, June 11 (Reuters) – The U.S. dollar wobbled on Thursday as new U.S. strikes in the Middle East undermined sentiment, while a surge in May U.S. consumer inflation to a three-year high kept investors uneasy about the Federal Reserve’s monetary policy outlook. The currency markets have been subdued this week, as investors weighed the fragile ceasefire in the Middle East against a renewed cycle of tit-for-tat […]

NEW YORK (AP) — The World Cup starts Thursday, and FIFA is charging record prices at the 11 stadiums in the United States, three in Mexico and two in Canada. FIFA is using dynamic pricing and has repeatedly raised the prices since tickets first went on sale last fall. FIFA president Gianni Infantino defended those prices Wednesday as fitting in the North American market, but they have been criticized for […]

President Donald Trump’s planned UFC fight on the White House’s South Lawn has required a monumental effort from more than seven federal agencies, hundreds of staff working onsite daily and at least $60 million, according to a legal filing that offers a glimpse into the preparations. The event is part of the 250th anniversary of America’s founding, and is scheduled for the weekend with the main attraction — seven mixed […]

SINGAPORE, June 11 (Reuters) – Asian stocks fell on Thursday, weighed down by a Wall Street selloff after a hotter-than-expected U.S. inflation reading, while renewed U.S. strikes on Iran fuelled a rise in oil prices. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.9%, led by a 3% drop in South Korea’s KOSPI. S&P 500 e-mini futures were 0.3% lower. The United States began a fresh round of […]

By Laurie Chen and Liam Mo BEIJING, June 11 (Reuters) – Barely a week after Nvidia-backed chipmaker Coherent warned of a shortage of indium phosphide in an earnings call in early May, its CEO Jim Anderson was on a plane with a U.S. business delegation accompanying President Donald Trump on his trip to China. Anderson’s visit was partly to raise the issue of delays in China’s export licenses involving the […]

BEIJING, June 11 (Reuters) – Seven have died from a blast in China’s southwestern Guangxi region, a notice from local authorities showed, which also said an investigation was ongoing after ruling out gas pipelines issues as the cause. Seventeen more were injured and taken to hospital, the notice said, adding that none of the injuries were life-threatening. (Reporting by Liz Lee and Shanghai newsroom; Editing by Himani Sarkar) Brought to […]

By Ronald Popeski and Jekaterina Golubkova June 11 (Reuters) – The governor of Sevastopol in Russian-held Crimea said on Wednesday that plans for distributing rationed petrol had been delayed because trucks had been unable to bring the fuel into the city, following recent Ukraine strikes on supply routes. Mikhail Razvozhayev’s announcement that petrol rationing coupons temporarily could not be honoured coincided with remarks by Ukrainian President Volodymyr Zelenskiy that Kyiv’s […]

CHICAGO (AP) — By the time Braden Montgomery returned to Rate Field on Wednesday, the glow from his major league debut the night before was a long way from fading. Montgomery capped a 2-for-5 night with a game-ending, two-run homer in the 10th inning to lift the Chicago White Sox to a 6-5 win over Atlanta Braves. He became the fifth player in MLB history to hit a walk-off homer […]

WASHINGTON (AP) — Construction of the 250-foot-high triumphal arch that President Donald Trump wants built near the Lincoln Memorial could occur 20 hours per day, year-round, as officials push to complete the project within three years, according to a preliminary assessment by the National Park Service. Tower cranes up to 320 feet tall, forklifts, concrete pump systems and other equipment would be needed to build the arch, which would be […]