ASXPAC

Yellen: It is not legal for the United States to seize official Russian assets

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Treasury Secretary Janet Yellen said on Wednesday that the United States had no legal authority to seize Russian Central Bank assets frozen over its invasion of Ukraine, but was in talks with U.S. partners about ways to make Russia. Pay the bill for post-war reconstruction in Ukraine began. Yellen also said that a special license … Read more

How Turkey spoiled NATO’s historic moment with Finland and Sweden

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Turkey surprised NATO allies Finland and Sweden hope for rapid accession Turkish President Cavusoglu meets with his US counterpart Blinken ISTANBUL/WASHINGTON/BRUSSELS, May 18 (Reuters) – When Finland and Sweden signaled they were considering the historic decision to join NATO, the alliance expected a tough response from Moscow, not from it. However, at a meeting of … Read more

Dollar Rises, Stocks Fall As Inflation Tensions Return

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NEW YORK/LONDON (Reuters) – The dollar strengthened and global stocks fell on Wednesday as concerns about economic growth and rising inflation soured sentiment as British consumer prices rose 9% and prices accelerated more than expected. in Canada. British inflation climbed to its highest annual rate since 1982 as energy bills soared, while Canadian inflation surged … Read more

Finland and Sweden have applied to join NATO and are facing Turkish objections

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The request was submitted to NATO headquarters A move was seen redrawing the geopolitical map of Europe The Ukraine war, due to decades of non-alignment, has caused turmoil in politics Countries seeking to resolve Turkish objections to NATO bids BRUSSELS (Reuters) – Finland and Sweden formally applied to join NATO on Wednesday at the allies’ … Read more

Ukrainian defenders emerge from the ruins of Mariupol to an unknown fate as the siege ends

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Ukrainian soldiers, many of whom were wounded, took buses to Russian-controlled towns “The defenders of Mariupol are the heroes of our time” – Ukrainian Army Finland and Sweden prepare to submit NATO requests Macron pledges more weapons to Kyiv MARIPOL, Ukraine, May 17 (Reuters) – More than 250 Ukrainian fighters have surrendered to Russian forces … Read more

Stocks rebound and Treasury yields rise on stronger data

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Empty prices are displayed in the stock price panels of the Tokyo Stock Exchange (TSE) after the Tokyo Stock Exchange temporarily suspended all trading due to system problems in Tokyo, Japan, October 1, 2020. REUTERS / Issei Kato / Files Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – A … Read more

Stock markets struggle as worries grow about the economy

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LONDON (Reuters) – European shares fell on Monday and Wall Street headed for a lower open, as investor sentiment struggled to recover from last week’s heavy selling amid fears of slowing economic growth. Global stocks hit an 18-month low last week, as investors worried that higher interest rates to counter high inflation would hurt the … Read more

Ukraine attacks Russian forces in the east

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NATO chief says Russian attack will not be planned The Russian Donbass Campaign Lost Its Momentum – British Army Finland confirms its offer of NATO membership RUSSKA LOZOVA, Ukraine (Reuters) – Ukraine launched a counterattack on Russian forces on the eastern front on Monday, with battles reported near its second city Kharkiv, after Western military … Read more

June 1 Shanghai aims to get back to normal as COVID lockdown disrupts economy

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Shanghai aims to lift COVID lockdown on June 1 City residents are frustrated with changing schedules China’s retail sales and industrial production fell in April SHANGHAI/BEIJING (Reuters) – Shanghai on Monday laid out plans to end the painful COVID-19 lockdown that has lasted more than six weeks, which has hit China’s economy hard, and to … Read more

Vote in Lebanon deals a blow to Hezbollah allies in preliminary results

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Some of Hezbollah’s oldest allies are losing seats Most not yet clear, final results expected on Monday Lebanese forces allied with Saudi Arabia are gaining ground Sources said that Arslan, who is allied with Hezbollah, lost his seat in front of the newcomer BEIRUT (Reuters) – Iran-backed Hezbollah was dealt a blow in Lebanon’s parliamentary … Read more