Town Hall News

BENGALURU (Reuters) -Apple Inc supplier Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana, the state’s IT minister said on Monday. The investment will create 25,000 jobs in the first phase, K. T. Rama Rao said in a tweet. Reuters in March reported that Foxconn had won an order to make AirPods for Apple and planned to build a factory in India […]

(Reuters) – The U.S. cryptocurrency enforcement tsar has said that the country was stepping up scrutiny of crypto exchanges to target illicit behavior on the platforms, the Financial Times reported on Monday. The Department of Justice (DOJ) is targeting crypto companies that engage in crimes themselves or allow crimes like money laundering to happen, Eun Young Choi, director of the agency’s National Cryptocurrency Enforcement Team (NCET), told the FT. “… […]

By Chayut Setboonsarng and Panu Wongcha-um BANGKOK (Reuters) -The leader of Thailand’s opposition Move Forward Party said on Monday he had been in contact with at least five opposition parties on forming a coalition and warned any attempt to interfere in the election outcome will come at “a hefty price”. Pita Limjaroenrat, 42, whose party came in first in Sunday’s election, closely followed by populist opposition heavyweight Pheu Thai, said […]

(Reuters) – The defence of Bakhmut continues and recent days have shown that Ukraine can move forward and counter the Russian forces there, the commander of Ukrainian ground forces Colonel general Oleksandr Syrskyi said on Monday. “The advance of our troops along the Bakhmut direction – that is the first successful offensive operation in the city’s defence,” Syrskyi, was quoted as saying on Ukraine’s Media Military Centre Telegram messaging platform. […]

By Stella Qiu SYDNEY (Reuters) – Asian stocks were cautiously higher on Monday as investors braced for the release of China’s industrial and retail data, while awaiting a host of U.S. Federal Reserve officials to speak to vindicate market pricing of rate cuts this year. The guarded optimism is set to extend to Europe when markets open, with pan-region Euro Stoxx 50 futures up 0.2%. Both S&P 500 futures and […]

BANGKOK (Reuters) – Thailand’s opposition leader Pita Limjaroenrat said on Monday he was ready to become the next prime minister, after his Move Forward Party finished first in an election that crushed parties allied with the military-backed establishment. But complex negotiations lie ahead, including with fellow opposition party Pheu Thai, as they seek to build a governing coalition. Following is reaction from political analysts, economists and business groups. THITINAN PONGSUDHIRAK, […]

By Leika Kihara and Kentaro Sugiyama TOKYO (Reuters) -A meeting of the government’s top economic council on Monday focused on whether recent rises in inflation and wage growth suggest Japan was approaching a sustained exit from deflation. With inflation accelerating globally and wage growth picking up in Japan, discussions also touched on the desirable timing to end the Bank of Japan’s ultra-loose monetary policy, a government official told reporters. “While […]

(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Sunday Kyiv and its Western supporters could make a Russian defeat in the war in Ukraine “irreversible” as early as this year and thanked Germany for being a “true friend” during a visit to Berlin. France said it will send dozens of armoured vehicles and light tanks, including the AMX-10RCs fighting vehicles, to Ukraine in the coming weeks. It made the announcement […]

ROME (Reuters) – Iga Swiatek said she feels most comfortable on clay but the world number one hopes to emulate her idol Rafa Nadal and win titles on all surfaces to become one of the game’s greats. The 21-year-old won the French Open in 2020 and 2022 and has also proven herself on hard surfaces, winning the U.S. Open last year. Grasscourts are a different story, however, the Pole failing […]