Town Hall News

By Xie Yu HONG KONG (Reuters) – Stocks fell broadly, while the U.S. dollar also weakened early on Tuesday, as investors weigh corporate earnings and economic growth outlooks in a busy week. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.7% by 0220 GMT. Hong Kong’s benchmark edged down 1.2%, while mainland stocks lost 0.7%. Markets in Australia and New Zealand are shut for a holiday. Japan’s benchmark […]

By Choonsik Yoo and Jihoon Lee SEOUL (Reuters) -South Korea’s heavily trade-reliant economy barely averted a recession posting slim growth in the first quarter, but the outlook remained clouded by weak exports due to a cooling global economy, even with China’s reopening. South Korea’s gross domestic product (GDP) in the first quarter expanded by 0.3% over the previous three-month period, official advance estimates showed on Tuesday, compared with a median […]

LIMA (Reuters) – Peruvian archaeologists unearthed a more than 1,000-year-old mummy on the outskirts of the modern capital on Monday, in the latest discovery dating back to pre-Inca times. The mummy was probably an adolescent and found in an underground tomb wrapped in a funerary bundle, along with ceramics and rope and including bits of skin and hair. The mummified adolescent was found in a “good state of conservation,” said […]

By Tom Westbrook SINGAPORE (Reuters) – The dollar was on the back foot and the euro climbed on Tuesday, as regional bank jitters had traders expecting U.S. interest rate cuts before long, while in Europe a 50 basis point hike remains a live option at next week’s central bank meeting. The euro rose above $1.10 overnight and was still going at $1.1062 early in the Asia session. Trade was thinned […]

By Joey Roulette WASHINGTON (Reuters) -The U.S. Space Force said on Monday that Elon Musk’s SpaceX was granted approval to lease a second rocket launch complex at a military base in California, setting the space company up for its fifth launch site in the United States. Under the lease, SpaceX will launch its workhorse Falcon rockets from Space Launch Complex-6 at Vandenberg Space Force Base, a military launch site north […]

By Steve Gorman (Reuters) – The ex-cop who lost his job on the Louisville, Kentucky, police department after firing the gunshot that killed Breonna Taylor in her home, helping stoke mass protests against racial injustice in 2020, has returned to the ranks of law enforcement. The Carroll County Sheriff’s Office, serving a rural area of northern Kentucky about 50 miles (80 km) from Louisville, hired former police detective Myles Cosgrove […]

By Mehnaz Yasmin and Nupur Anand (Reuters) -First Republic Bank shares sank more than 20% after the closing bell on Monday as it said deposits plunged by more than $100 billion in the first quarter and it was exploring options such as restructuring its balance sheet. The deposit slump overshadowed profits that beat expectations for the beleaguered company, shored up through deposits from U.S. banking giants last month after two […]

By Helen Coster (Reuters) -Fox News Media and its top-rated host Tucker Carlson have agreed to part ways, less than a week after parent company Fox Corp settled for $787.5 million a defamation lawsuit in which Carlson played a starring role. The outspoken Carlson embraced conservative issues and delivered his views with a style that made his prime-time show, “Tucker Carlson Tonight”, the highest-rated cable news program in the key […]

(Reuters) – Submarines from Russia’s Pacific Fleet destroyed a mock enemy object as part of naval drills in the Sea of Japan, the news agency Interfax reported on Tuesday. “Two diesel-electric submarines … conducted a tactical anti-submarine exercise in the Sea of Japan to search for and destroy a mock enemy submarine,” the agency said, citing a statement from the fleet’s media service. The submarines used a “training torpedo” to […]