News
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EXPLAINER-Taiwan's recall elections and how the process could play out
TAIPEI, July 22 (Reuters) - Around one-fifth of Taiwanese lawmakers, all from the main opposition party the Kuomintang (KMT), face a recall election on Saturday that could reshape the legislature and present an opportunity for the ruling Democratic Progressive Party to regain its majority.Here is w...Reuters
Tue, Jul 22
Google clinches milestone gold at global math competition, while OpenAI also claims win
AI models solved math problems by processing them using natural languageAI could soon tackle unsolved research problems, says math professor and former championOpenAI self-published results before official verificationBy Kenrick Cai and Jaspreet Singh July 21 (Reuters) - Alphabet's GOOGL.O Go...Reuters
Tue, Jul 22
Tennis-Venus Williams makes winning return after 16-month layoff
July 22 (Reuters) - Venus Williams enjoyed a winning return to tennis after more than a year away from the game as the 45-year-old American teamed up with compatriot Hailey Baptiste to win their round of 16 women's doubles tie at the Washington Open on Monday.The seven-times Grand Slam singles c...Reuters
Tue, Jul 22
BREAKINGVIEWS-The perks and penalties of waging economic war: podcast
By Peter Thal Larsen LONDON, July 22 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast Tariffs and sanctions have roiled markets, but states can spur new industries. In this episode of The Big View pod...Reuters
Tue, Jul 22
EXCLUSIVE-Indonesia plans $8 bln refineries contract with US firm amid tariffs deal, sources say
By Stefanno Sulaiman and Dewi KurniawatiJAKARTA, July 22 (Reuters) - Indonesian sovereign wealth fund Danantara plans to sign an $8 billion engineering, procurement and construction contract with U.S. engineering firm KBR Inc KBR.N to build 17 modular refineries, according to two sources familiar wi...Reuters
Tue, Jul 22
Jfe Holdings CEO - The Industries Most Likely To Be Affected In Japan By U.S. Tariffs Are Automotive And Construction Machinery Sectors
July 22 (Reuters) - JFE Holdings Inc 5411.T:JFE HOLDINGS CEO: EXPLORING POSSIBILITY OF COLLABORATING WITH U.S. NUCOR IN AREAS WHERE WE HAVE STRENGTHS, SUCH AS AUTOMOTIVE STEEL SHEETS AND ELECTROMAGNETIC STEEL SHEETSJFE HOLDINGS CEO: THE INDUSTRIES MOST LIKELY TO BE AFFECTED IN JAPAN BY U.S. TARIFFS ...Reuters
Tue, Jul 22
Moody's says sales tax cut impact on Japan's rating will depend on scope, permanence
TOKYO, July 22 (Reuters) - Moody's Ratings said on Tuesday the potential impact of a cut to Japan's consumption taxes on the country's sovereign debt rating will depend on the "scope, magnitude and permanence."Prime Minister Shigeru Ishiba's ruling coalition lost its majority...Reuters
Tue, Jul 22
'South Park' creators reach $1.5 billion streaming deal with Paramount, LA Times reports
July 21 (Reuters) - "South Park," the animated comedy featuring foul-mouthed children, has reached a $1.5 billion streaming deal with Paramount PARA.O, the LA Times reported on Monday.Paramount has agreed to acquire the global streaming rights for "South Park" in a deal aimed at brin...Reuters
Tue, Jul 22
IQ-EQ acquires Gordian Capital to become fund platform leader in Asia-Pacific
SINGAPORE, July 22 (Reuters) - IQ-EQ, a global investor services company backed by European private equity firm Astorg, said on Tuesday it is acquiring Singapore-based Gordian Capital - a deal it said would make it the leading funds platform business in Asia Pacific.Gordian manages $17 billion in as...Reuters
Tue, Jul 22
Malaysia to establish data centre framework to streamline policies
KUALA LUMPUR, July 22 (Reuters) - Malaysia will establish a data centre framework in October to streamline policies and development in the sector, the trade and digital ministries said on Tuesday. The Malaysian Investment Development Authority will be the main agency to approve all new data centre p...Reuters
Tue, Jul 22
South Korea finance minister, trade envoy to hold tariff talks with US counterparts
South Korea faces August 1 deadline before U.S. tariffs due to come inSeoul wants to remove or cut tariffs threatening some of its key industriesSouth Korea seeks manufacturing partnership to influence outcome of talksBy Jihoon LeeSEOUL, July 22 (Reuters) - South Korea's new finance minister and...Reuters
Tue, Jul 22
Venezuela to investigate Bukele, other officials for alleged detainee abuse
More than 250 Venezuelans held in El Salvador arrived homeVenezuelans had been deported from US to notorious prisonCaracas accuses El Salvador of rights abusesPolitical prisoners held in Venezuela also released CARACAS/SAN SALVADOR, July 21 (Reuters) - Venezuela Attorney General Tarek Saab said o...Reuters
Tue, Jul 22
'South Park' creators reach $1.5 billion streaming deal with Paramount, LA Times reports
July 21 (Reuters) - "South Park," the animated comedy featuring foul-mouthed children, has reached a $1.5 billion streaming deal with Paramount PARA.O, the LA Times reported on Monday.Reuters could not immediately verify the report.Reuters
Tue, Jul 22
US set to deport permanent residents over alleged support to Haitian gang leaders
US cites support, collaboration with Haitian gang leaders Action follows May designation of Viv Ansanm gang allianceUnclear how many permanent residents could be targetedBy Daphne Psaledakis and Ted Hesson WASHINGTON, July 21 (Reuters) - U.S. Secretary of State Marco Rubio on Monday paved the way...Reuters
Tue, Jul 22
Singapore's Temasek Holdings mandates four banks for offshore renminbi bonds
SINGAPORE, July 22 (Reuters) - Singapore's Temasek Holdings has mandated multiple banks for the proposed issuance of 5-year, 10-year and 30-year offshore renminbi multi-tranche bonds, according to an announcement on Tuesday.The banks, Credit Agricole, DBS Bank DBSM.SI, HSBC HSBA.L and Standard C...Reuters
Tue, Jul 22
China's Q2 smartphone shipments down 2.4%, says Counterpoint
BEIJING, July 22 (Reuters) - Smartphone shipments in China were down 2.4% for the second quarter compared with a year ago, Counterpoint Research said on Tuesday.Apple's AAPL.O sales in China fell 1.6% year-on-year while Chinese mobile maker Huawei's HWT.UL sales rose 17.6%, Counterpoint said...Reuters
Tue, Jul 22
Magnitude 6.4 earthquake strikes Russia's Kamchatka region, EMSC says
July 22 (Reuters) - A magnitude 6.4 earthquake struck off the east coast of the Kamchatka region in Russia on Tuesday, the European Mediterranean Seismological Centre (EMSC) said.The quake was at a depth of 28 km (17.4 miles), EMSC said.Reuters
Tue, Jul 22
