Town Hall News

NEW DELHI (Reuters) -India and Russia are discussing a free trade agreement, ministers said on Monday, a move that would further deepen bilateral commercial ties that have flourished since war broke out in Ukraine. India’s Foreign Minister S. Jaishankar told an event in New Delhi his government was in “advance agreement” on a trade treaty that Russia’s Trade and Industry Minister Denis Manturov said would bring a guarantee of bilateral […]

By Norihiko Shirouzu and Maki Shiraki (Reuters) -Nissan is developing growth plans in areas such as software and electric vehicles (EVs) independent of Renault SA as the automakers work to finalise terms of a sharply limited alliance, said seven people with knowledge of the matter. Japan’s third-biggest automaker by sales is seeking a partner outside the auto industry to develop software that connects vehicles to cloud-based services, two people involved […]

By Hyonhee Shin SEOUL (Reuters) -South Korea, the United States and Japan staged joint naval missile defence exercises on Monday in a push to improve security co-operation and respond better to North Korea’s evolving missile threats, Seoul’s navy said. The three nations agreed at talks in Washington on Friday to hold regular missile defence and anti-submarine exercises in their efforts to boost diplomatic and military co-operation. North Korea tested a […]

TOKYO (Reuters) – Japan’s Chief Cabinet Secretary Hirokazu Matsuno said on Monday that Tokyo had lodged a protest with Russia over its military exercises around disputed islands near Japan’s Hokkaido. Matsuno also said that Russia informed Tokyo that it would conduct missile exercises around the disputed islands between April 18 and 22. Separately, Russia last Friday said it would conduct missile launches and torpedo tests as part of a surprise […]

MUMBAI (Reuters) – At least eleven people died on Sunday after suffering from sunstroke at an event attended by India’s home minister on the outskirts of Mumbai, the chief minister of Maharashtra state said. Hundreds of thousands of people attended an award function on Sunday afternoon where federal home minister Amit Shah presented an award to a well-known social activist, on the outskirts of the country’s financial capital of Mumbai […]

COPENHAGEN (Reuters) – SAS will not be using the second tranche of its $700 million debtor-in-possession (DIP) term loan in the second quarter of the year, due to stronger than expected development of the airline’s liquidity, the airline said on Monday. SAS may, depending on the development of its liquidity, continue discussions with Apollo regarding access to the second tranche of the DIP term loan at a later stage of […]

(Reuters) – China is willing to work with Russia to forge close strategic communications between their militaries, Chinese state media reported Minister of Defence Li Shangfu as saying. Li met Russian President Vladimir Putin in Moscow on Sunday. GRAIN IMPORTS * Ukraine’s agriculture minister said Kyiv would aim to secure the re-opening of food and grain transit via Poland as a “first step” at talks in Warsaw on Monday, after […]

By Florence Tan and Emily Chow SINGAPORE (Reuters) -Oil prices edged up slightly on Monday, supported by OPEC+’s plans to cut more output, while investors eyed Chinese economic data for signs of demand recovery in the world’s second-largest oil consumer. Brent crude futures nudged 6 cents higher to $86.37 a barrel by 0650 GMT, while U.S. West Texas Intermediate crude was at $82.55 a barrel, up 3 cents. Both contracts […]

NEW DELHI (Reuters) – India and Russia are discussing a free trade agreement to guarantee investment between the two countries, Russia’s deputy prime minister said on Monday. Russia’s Denis Manturov was speaking at an event in New Delhi with India’s foreign minister, S. Jaishankar, who said the South Asian country was in “advance agreement” for a bilateral trade treaty with Moscow. India has not explicitly condemned the war in Ukraine […]