Town Hall News

By Kate Lamb and Ananda Teresia JAKARTA (Reuters) – Indonesia has for months been quietly engaging key stakeholders in Myanmar’s conflict, as well as neighbours India, Thailand and China in an effort to kick-start a peace process as violence intensifies, its foreign minister said on Friday. Retno Marsudi earlier told Reuters exclusively that Indonesia, as chair of the Association of Southeast Asian Nations (ASEAN), had launched a quiet effort to […]

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks rose, the dollar eased and gold hovered near record highs on Friday, as investors worried that a rout in shares of U.S. regional lenders earlier this week could herald more trouble for the banking sector. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.44% higher and was on course to snap its two-week losing streak as investors bet that the Federal […]

(Reuters) – Ant Group Co is considering selling its stake in its virtual banking unit in Hong Kong, Bloomberg News reported on Friday citing people familiar with the matter. (Reporting by Rishabh Jaiswal in Bengaluru; Editing by Savio D’Souza) Brought to you by www.srnnews.com

By Jesús Aguado MADRID (Reuters) -Spain’s Caixabank said on Friday its net profit rose 21% in the first quarter from the same period in 2022 thanks to a strong increase in lending income and a solid performance of its insurance business. The lender reported a net profit of 855 million euros ($943.83 million) in the January to March period despite a cost of 373 million euros from a new banking […]

(Reuters) – Manchester United need to be more clinical in front of goal and maintain their focus for a full 90 minutes, manager Erik ten Hag said after his side squandered a few chances before conceding late in Thursday’s 1-0 Premier League loss at Brighton & Hove Albion. United and Brighton both had opportunities early in the first half, with Antony firing wide in the second minute before Kaoru Mitoma […]

MADRID (Reuters) – Spain’s Caixabank said on Friday its net profit rose 21% in the first quarter from the same period in 2022 thanks to higher lending income. The lender reported a net profit of 855 million euros ($944.18 million) in the January to March period compared to 706 million euros in the first quarter last year. Analysts polled by Reuters expected a net profit of 643 million euros. ($1 […]

By Antonio Bronic DUBONA, Serbia (Reuters) -Eight people were killed and at least 10 were wounded in a shooting in the town of Mladenovac, south of Belgrade, local media reported, with police setting up roadblocks in their hunt for the gunman. The shooting comes less than 48 hours after a 13-year old boy shot dead nine and injured seven at a school in Belgrade before turning himself in. Interior Minister […]

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers likely hired the fewest workers in nearly 2-1/2 years in April as the cumulative and delayed effects of higher interest rates start to impact a broad swath of the economy. But the Labor Department’s closely watched employment report on Friday will offer little comfort to Federal Reserve officials battling high inflation, with wage growth expected to have remained fairly strong last month. […]

By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers likely hired the fewest workers in nearly 2-1/2 years in April as the cumulative and delayed effects of higher interest rates start to impact a broad swath of the economy. But the Labor Department’s closely watched employment report on Friday will offer little comfort to Federal Reserve officials battling high inflation, with wage growth expected to have remained fairly strong last month. […]