Town Hall News

By Rae Wee SINGAPORE (Reuters) – The U.S. dollar held near a seven-week peak on Thursday, after President Joe Biden and top U.S. congressional Republican Kevin McCarthy worked towards avoiding a damaging debt default, while the Aussie dollar slipped after disappointing jobs data. Biden and McCarthy on Wednesday underscored their determination to strike a deal soon to raise the government’s $31.4 trillion debt ceiling, having agreed a day earlier to […]

BANGKOK (Reuters) -Thailand’s two main opposition parties, which won big in Sunday’s election and trounced parties backed by the powerful military, are seeking to put together a ruling coalition that has enough votes to install a pro-democracy prime minister. They face a battle that could take weeks or months and ultimately their success is not guaranteed – and that is assuming that they can stick together. A vote in parliament […]

By Ian Ransom MELBOURNE (Reuters) – Nick Kyrgios was forced to miss the French Open due to a foot injury sustained during the theft of his car and not because of a knee problem, his agent said on Thursday. The Wimbledon finalist’s mother was held up at gunpoint by a Canberra suspect near his house and his Tesla stolen earlier this month, police allege. Kyrgios’s agent, Daniel Horsfall, said the […]

SHANGHAI (Reuters) – Chinese chipmaker Hua Hong Semiconductor Ltd said it had received Shanghai Stock Exchange approval for its planned $2.6 billion share listing, which is expected to be one of the country’s biggest this year. Hong Kong-listed Hua Hong’s plan for a secondary listing on Shanghai’s STAR Market has been approved by the bourse’s listing committee, and it will submit an application for registration to China’s securities regulator, the […]

TOKYO (Reuters) -Sony Group Corp on Thursday said it is examining a partial spin off of its financial business within the next two to three years, as the conglomerate focuses on its entertainment business. Sony said it is looking at listing Sony Financial Group, whose operations include life insurance and banking, and retaining a stake of slightly less than 20%. The potential spin-off comes as Sony doubles down on its […]

TOKYO (Reuters) -Sony Group Corp on Thursday said it is examining a partial spin off of its financial business within the next two to three years, as the conglomerate focuses on its entertainment business. Sony said it is looking at listing Sony Financial Group, whose operations include life insurance and banking, and retaining a stake of slightly less than 20%. The potential spin-off comes as Sony doubles down on its […]

WASHINGTON (Reuters) – Florida Republican Governor Ron DeSantis will officially enter the 2024 U.S. presidential race next week, the Wall Street Journal reported on Wednesday, citing sources. (Reporting by Eric Beech and Jasper Ward) Brought to you by www.srnnews.com

By Fabian Cambero SANTIAGO (Reuters) -Lawmakers in Chile’s lower house of Congress gave final approval on Wednesday for a long-awaited mining tax reform that now requires only the signature of leftist President Gabriel Boric, who has publicly backed it, to become law. The reform will require large copper and lithium producers that operate in the mineral-rich Latin American nation to pay more taxes and royalties to the government. Chile is […]

By Jonathan Stempel (Reuters) -San Francisco said on Wednesday it reached a $230 million settlement with Walgreens Boots Alliance Inc over its role in the city’s opioid epidemic. The settlement came nine months after U.S. District Judge Charles Breyer in San Francisco said the drugstore chain could be held liable for having “substantially contributed” to an opioid epidemic that caused “widespread harm” in the city and constituted a public nuisance. Breyer […]