Town Hall News

By Hyonhee Shin, Minwoo Park and Heekyong Yang SEOUL (Reuters) – Jeong Se-ah feels happy to see Tanaka, a Japanese bar host character from the early 2000s created by a South Korean comedian, because he revives her teenage memories of watching animations from the neighbouring nation. The 24-year-old office worker is one of a growing number of young South Koreans drawn to the products and culture of Japan, coming to […]

(Reuters) – HP Inc missed Wall Street targets for second-quarter revenue on Tuesday as inflation-hit customers spent less on the company’s personal computers, sending its shares down nearly 3% in extended trading. Companies such as HP, Lenovo and Dell Technologies have seen demand ease from peaks hit during the pandemic, when work-from-home trends had driven up sales of laptops and other electronic devices. Global PC shipments declined nearly 30% in […]

By Ira Dugal MUMBAI (Reuters) – On a hot summer afternoon, 23-year old Nizamudin Abdul Rahim Khan is playing cricket on a muddy, unpaved road in the Rafiq Nagar slum in India’s financial capital, Mumbai. Here, there is scant evidence of India’s fast-growing economy. Bordering what was once Asia’s largest garbage dumping ground, Rafiq Nagar and surrounding areas are home to an estimated 800,000 people, most living in tiny rooms […]

(Reuters) – Canadian emergency officials issued a mandatory evacuation order for parts of Bedford, Nova Scotia, after authorities noted a new wildfire and the potential for an ammonia leak in the area, CBC News reported on Tuesday. This comes after the declaration late Sunday of a state of local emergency for the eastern city of Halifax, also in Nova Scotia, after a wildfire caused evacuations and power outages, impacting about […]

(Fixes typo in second paragraph) By Ira Dugal MUMBAI (Reuters) -On a hot summer afternoon, 23-year old Nizamudin Abdul Rahim Khan is playing cricket on a muddy, unpaved road in the Rafiq Nagar slum in India’s financial capital, Mumbai. Here, there is scant evidence of India’s fast-growing economy. Bordering what was once Asia’s largest garbage dumping ground, Rafiq Nagar and surrounding areas are home to an estimated 800,000 people, most […]

By Patricia Zengerle WASHINGTON (Reuters) – A senior U.S. senator who has long opposed the potential sale of F-16 fighter jets to Turkey said on Tuesday he wants Turkish President Tayyip Erdogan to take a “less belligerent” stance toward NATO allies and Turkey’s neighbors before lifting his opposition to the deal. “Now what’s important is how does Erdogan want to move into the future with Turkey. If he wants to […]

By Stephanie Kelly (Reuters) – Oil prices edged up on Wednesday after steep losses in the prior session, as market participants awaited an expected vote on a bipartisan deal to lift the $31.4 trillion U.S. debt ceiling. Brent crude futures for August delivery rose 11 cents to $73.82 a barrel by 0013 GMT, while U.S. West Texas Intermediate crude (WTI) gained 8 cents to $69.54 a barrel. Both fell more […]

By Herbert Lash and Shreyashi Sanyal (Reuters) -Stocks on Wall Street closed mixed on Tuesday, pressured by worries about U.S. lawmakers opposed to a deal to raise the $31.4 trillion debt ceiling, but supported by another surge in Nvidia shares that briefly lifted the chipmaker into the rare club of companies valued at $1 trillion. The S&P 500 index closed essentially flat but remained near its highest level since August […]

By Daphne Psaledakis WASHINGTON (Reuters) – The United States on Tuesday imposed sanctions on 17 people and entities based in China and Mexico who it accused of enabling production of counterfeit fentanyl-laced pills, as the Biden administration seeks to stem imports of the deadly drug. The Treasury Department said it slapped sanctions on seven entities and six people based in China, as well as one business and three people based […]