Town Hall News

By David Dolan and Hyunsu Yim TOKYO/SEOUL (Reuters) -Japanese Prime Minister Fumio Kishida will visit South Korea on May 7-8 for talks with President Yoon Suk Yeol, the governments of the two nations said on Tuesday. Kishida will meet Yoon in Seoul on Sunday, Japan’s foreign ministry said. Kishida’s wife, Yuko, will also make the trip, according to South Korea’s presidential office. Earlier, Kishida told reporters in Ghana, during his […]

By David Dolan and Hyunsu Yim TOKYO/SEOUL (Reuters) -Japanese Prime Minister Fumio Kishida will visit South Korea on May 7-8 for talks with President Yoon Suk Yeol, the governments of the two nations said on Tuesday. Kishida will meet Yoon in Seoul on Sunday, Japan’s foreign ministry said. Kishida’s wife, Yuko, will also make the trip, according to South Korea’s presidential office. Earlier, Kishida told reporters in Ghana, during his […]

By Maggie Michael ARQEEN, Egypt (Reuters) -Eight months pregnant, Malaz Omar left behind everything to flee with her husband, two toddlers and an elderly aunt from the fighting that has swept across Sudan’s capital for more than two weeks. By the time the 34-year-old arrived in Egypt she hadn’t eaten or showered for four days, passing through the Qustul border crossing where people slept on the ground and had nothing […]

By Lewis Jackson SYDNEY (Reuters) – Australia’s biggest landlords and developers played down concerns about inflated commercial property valuations at a conference on Tuesday, while acknowledging economic uncertainty was making investors and renters more cautious. Commercial real estate prices are a major concern for investors globally as public markets price the impact of a slowing economy and the growth of remote work, while owners, especially unlisted players, resist major changes. […]

NEW DELHI (Reuters) – Former India team mates Virat Kohli and Gautam Gambhir were docked their full match fees following their altercation in Monday’s Indian Premier League (IPL) match in Lucknow, organisers said. Kohli’s Royal Challengers Bangalore had been beaten at home last month by Lucknow Super Giants, who have former test opener Gambhir as their ‘Global Mentor’. Bangalore successfully defended 126-9 in a low-scoring contest to exact revenge, and […]

MOSCOW (Reuters) – Russian electronics retailer M.Video said its adjusted net loss shrunk 10.2% in 2022 to 6.7 billion roubles ($83 million), as overall sales fell because of economic uncertainty. The company said revenue was down 15.5% to 402.5 billion roubles in results presented under International Accounting Standard 17. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 69.5% to 15.5 billion roubles, the company said. ($1 = 80.4000 […]

By Selena Li and Lawrence White HONG KONG (Reuters) -HSBC Holdings said on Tuesday its profit tripled in the first quarter, beating expectations, as rising interest rates boosted the lender’s income and helped it pay a first quarterly dividend since 2019. The strong results of HSBC and its Asian rival DBS underscore the boost to their balance sheets from aggressive policy tightening, even though it has brought banking sector turmoil, […]

By Akriti Sharma (Reuters) -Tesla Inc has raised prices in a range of up to $290 in Canada, China, Japan and the United States, its website showed on Monday, after having slashed prices on its top-selling vehicles since the start of the year. The hike was Tesla’s first on its two top-selling models at the same time in multiple markets, although prices across its lineup are much lower than in […]

By Leika Kihara and Jihoon Lee INCHEON, South Korea (Reuters) -Japan and South Korea held their first finance leaders’ meeting in seven years on Tuesday and agreed to resume regular dialogue, as tensions in the region and slowing growth prod them to increase co-operation and mend strained relations. The resumption of bilateral financial discussions comes ahead of Japanese Prime Minister Fumio Kishida’s planned visit to South Korea next week for […]