Town Hall News

(Reuters) – Foreign ministers from the Group of Seven rich nations condemned Russia’s recent talk of stationing nuclear weapons in Belarus as “unacceptable” and called on China to act as a responsible member of the international community. CRITIC JAILED * Kremlin critic Vladimir Kara-Murza was jailed by a Moscow court for 25 years for treason and other offences – which he denies committing – after speaking out against Russia’s invasion […]

(Reuters) – Japan’s Nissan Motor Co Ltd on Tuesday unveiled a new electric sport-utility vehicle as it highlighted its commitment to the Chinese market. “We are bringing more electrified models, such as Ariya, e-Power Sylphy and e-Power X-Trail. We are also planning to launch an EV designed specifically for the Chinese market,” Ashwani Gupta, Nissan’s chief operating officer, said, speaking at the Shanghai auto show. (Reporting by Daniel Leussink; Editing […]

By Humeyra Pamuk and Sakura Murakami KARUIZAWA, Japan (Reuters) -Foreign ministers from the Group of Seven rich nations on Tuesday condemned Russia’s recent talk of stationing nuclear weapons in Belarus as “unacceptable” and called on China to act as a responsible member of the international community. The comments in the communique, marking the conclusion of a three-day meeting in the Japanese resort town of Karuizawa, highlight how the dual issues […]

(Correct to add percentage indicator in headline) BEIJING (Reuters) – China’s property investment fell 5.8% from a year earlier in the first three months of 2023, from a 5.7% decline in January-February, official data showed on Tuesday. Property sales by floor area declined 1.8% year-on-year in the first quarter of the year, versus a 3.6% fall seen in the first two months, according to data from the National Bureau of […]

(Reuters) -Taiwan will buy as many as 400 U.S. land-launched Harpoon missiles in the face of rising threat from China, Bloomberg News reported on Monday, citing a trade group’s leader and people familiar with the issue. The Pentagon announced a $1.17 billion contract for 400 of the anti-ship missiles on April 7 without naming the buyer, saying production was expected to be completed by March 2029. Bloomberg said Taiwan was […]

By Joey Roulette WASHINGTON (Reuters) – Demand for sending satellites into space remains strong, but U.S. rocket startups are taking drastic measures to survive a tight funding environment where fears have been exacerbated by the bankruptcy of Virgin Orbit. The industry faces an interesting dichotomy. Demand has surged from launching a few satellites on small rockets to launching swarms of satellites at once using bigger rockets, even as investors shy […]

By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) -Sudan’s battling factions both claimed to have made gains on Monday as violence cut power and water in the capital, and the U.N. envoy to Sudan said the two sides showed no signs of being willing to negotiate. Fighting between the army and the paramilitary Rapid Support Forces (RSF) has killed at least 185 people and injured more than 1,800, said U.N. […]

SHANGHAI (Reuters) – Germany’s Volkswagen AG said on Tuesday it plans to introduce 10 more electric vehicle (EV) models by 2026 and it remained committed to China, where established foreign brands are losing ground to nimble local rivals. “As VW, we remain firmly committed to China … Our guiding principle is development in China, for China at full speed,” Thomas Schafer, chief executive of VW Passenger Cars, said on Tuesday, […]

By Scott Murdoch SYDNEY (Reuters) – Asia’s shares pared losses on Tuesday as China’s economy recorded a stronger-than-expected recovery from punishing pandemic lockdowns last year that led to a major slowdown. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2%, a smaller decline than the 0.4% fall earlier in the session. China’s economy grew 4.5% year on year for the first quarter which eclipsed the expectations of most […]