Town Hall News

(Reuters) – Proparco, a unit of France’s state development agency, is making a $35 million equity investment in Quadria Capital, an Asia healthcare-focused private equity firm, the companies said on Tuesday, to develop health care facilities in the region. Quadria Capital aims to fill the gap between growing demand for healthcare and an “insufficient” healthcare infrastructure in South and Southeast Asia, Proparco, unit of Agence Française de Développement Group, said […]

By Yuka Obayashi and Emily Chow (Reuters) -Oil prices traded up on Tuesday on bargain hunting, recovering some ground from the previous day’s plunge, but gains were limited as investors remained cautious ahead of key policy decisions by the U.S. Federal Reserve and other central banks. Brent crude futures climbed 77 cents, or 1.1%, to $72.61 a barrel by 0640 GMT. U.S. West Texas Intermediate (WTI) crude was at $67.68 […]

By Julie Zhu HONG KONG (Reuters) -Asian shares rose on Tuesday following an upbeat session on Wall Street, while investors turned their attention to key U.S. inflation data and the Federal Reserve’s interest rate decision this week. Investors will be closely monitoring U.S. consumer and producer inflation data on Tuesday and Wednesday respectively for a reading of how well the Fed’s tightening cycle has managed to curb rising prices. The […]

By Kanishka Singh and Shilpa Jamkhandikar WASHINGTON/NEW DELHI (Reuters) -India threatened to shut Twitter down unless it complied with orders to restrict accounts critical of the government’s handling of farmer protests, co-founder Jack Dorsey said, an accusation Prime Minister Narendra Modi’s government called an “outright lie”. Dorsey, who quit as Twitter CEO in 2021, said on Monday that India also threatened the company with raids on employees if it did […]

(Reuters) – Japan’s Mana Iwabuchi will not have the chance to appear at a fourth straight Women’s World Cup after the veteran forward was a surprise omission from Futoshi Ikeda’s 23-player squad for the 2023 tournament announced on Tuesday. Iwabuchi was part of the teams that won the World Cup in 2011 and finished runners-up four years later. She also played in the 2019 tournament when Japan exited in the […]

SEOUL (Reuters) – South Korean President Yoon Suk Yeol said on Tuesday he was doubtful whether China’s ambassador had an attitude of mutual respect after the envoy warned Seoul against making “wrong bets” in the Sino-U.S. rivalry, Yonhap News Agency reported. Yoon made the comment during a cabinet meeting, Yonhap reported, citing multiple people who attended the session. Last week, Seoul’s foreign ministry summoned the ambassador, Xing Haiming, after he […]

(Reuters) – A day after Novak Djokovic won his 23rd Grand Slam title at the French Open, Serbia had another sporting hero to celebrate on Monday when Nikola Jokic was named Most Valuable Player of the NBA Finals after leading the Denver Nuggets to a first championship. Jokic capped a dominating postseason performance by pouring in 28 points and pulling down 16 rebounds as the Nuggets beat the Miami Heat […]

By Rae Wee SINGAPORE (Reuters) – The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors remained cautious ahead of key U.S. inflation data due later in the day just as the Federal Reserve kicks off its two-day monetary policy meeting. In Asia, China’s yuan fell to a six-month low after the central bank lowered a short-term lending rate for the first time in 10 […]

TAIPEI (Reuters) – Taiwan’s military released an updated civil defence handbook on Tuesday that for the first time includes a section on how to tell the difference between Chinese and Taiwanese soldiers based on their uniforms, camouflage and insignia. Taiwan unveiled the handbook last year amid a rise in tensions with Beijing and after Russia’s invasion of Ukraine, detailing how to find bomb shelters, water and food supplies via smartphone […]