Town Hall News

MILAN (Reuters) – Four people died late on Sunday after a tourist boat capsized on Lake Maggiore in northern Italy due to a sudden whirlwind, the fire brigade and media reported. People were celebrating a birthday on the 16-metre-long boat when it capsized and sank in a violent storm. Nineteen survivors swam to shore without serious injury, fire brigade said on Twitter, adding the wreck was found by its divers […]

By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economy is on a solid path to recovery and showing resiliency, helped by good revenue collection and a normalisation of its tourism sector, while inflation should come in below 3% this year, its finance minister said on Monday. Southeast Asia’s second-largest economy expanded faster than expected in the first quarter of this year due to a revival in its vital […]

MOSCOW (Reuters) – Russia’s interior ministry has put U.S. Senator Lindsey Graham on a wanted list, Russian media reported on Monday, citing the ministry’s database. In an edited video released by the Ukrainian president’s office of Graham’s meeting with Volodymyr Zelenskiy on Friday, Graham was shown saying “the Russians are dying” and then saying U.S. support was the “best money we’ve ever spent”. After Russia criticised the remarks, Ukraine released […]

By Joseph White DETROIT (Reuters) – Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence. Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia graphic processing unit chiplet and Nvidia software into the system-on-chips it supplies to automakers for […]

By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei share average rose on Monday to its highest level since July 1990, buoyed by optimism over a U.S. debt ceiling deal and a weaker yen. SoftBank Group jumped more than 8% as shares of Japanese chip-related companies continued to outperform amid the AI euphoria that also propelled Wall Street peers. The Nikkei surged as high as 31,560.43 within the first 10 minutes […]

By Stella Qiu SYDNEY (Reuters) – Asian shares and Wall Street futures rose on Monday as a weekend deal by U.S. President Joe Biden and House Speaker Kevin McCarthy to suspend the government’s debt ceiling provided relief for investors although China worries capped sentiment. Europe is set to open slightly higher, with pan-regional Euro Stoxx 50 futures up 0.2%. S&P 500 futures rose 0.3% while Nasdaq futures firmed 0.5%. After […]

By Jane Lanhee Lee and Stephen Nellis (Reuters) -SoftBank Group Corp owned chip designer Arm on Monday rolled out new technology for mobile devices and Taiwan smartphone chip maker MediaTek Inc said it will be using it for its next-generation product. MediaTek, a longtime supplier of low- and mid-tier smart phone chips, has been pushing into the market to supply chips for premium smartphones, once dominated by rival Qualcomm Inc, […]

By Hyunsu Yim and Nobuhiro Kubo TOKYO/SEOUL (Reuters) -Japan put its ballistic missile defences on alert on Monday and warned that it would shoot down any projectile that threatened its territory after North Korea notified Japan of a satellite launch between May 31 and June 11. North Korea says it has completed its first military spy satellite and leader Kim Jong Un has approved final preparations for the launch. Analysts […]

By Valentyn Ogirenko and Gleb Garanich (Reuters) – Russia launched a new wave of air attacks on Kyiv in early hours on Monday using drones and cruise missiles, with the military administration of the Ukrainian capital saying defence forces shot down more than 40 targets. In what was Russia’s 15th air assault on the city in May and second overnight attack in a row and of similar intensity, there were […]