Author: Reuters

[ad_1] © Reuters. FILE PHOTO: An commercial of 5G community by U Cell provider is displayed in Kuala Lumpur, Malaysia, September 26, 2022. REUTERS/Hasnoor Hussain (This April 16 story has been corrected to say “setbacks”, not “delays”, in paragraph 2) By Rozanna Latiff and Yantoultra Ngui KUALA LUMPUR/SINGAPORE (Reuters) – Malaysia plans to introduce a second 5G community from subsequent yr, 4 sources advised Reuters, within the newest coverage shake-up aimed toward dismantling monopolies and selling competitors by Prime Minister Anwar Ibrahim’s six-month-old administration. Malaysia’s 5G roll-out by state company Digital Nasional Berhad (DNB) has seen repeated setbacks due to…

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[ad_1] 5/5 © Reuters. Ukrainian servicemen return from heavy combating amid Russia?s assault on Ukraine, near Bakhmut, Ukraine, April 15, 2023. REUTERS/Kai Pfaffenbach 2/5 (Reuters) – Russian President Vladimir Putin met Chinese language Defence Minister Li Shangfu in Moscow on Sunday and each males hailed navy cooperation between the 2 nations, which have declared a “no limits” partnership. GRAIN IMPORTS * Unilateral motion on commerce by European Union member states is unacceptable, a European Fee spokesperson mentioned on Sunday, after Poland and Hungary introduced bans on grain and different meals imports from Ukraine to guard the native agricultural sector. DIPLOMACY…

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[ad_1] © Reuters. FILE PHOTO: An commercial of 5G community by U Cellular service is displayed in Kuala Lumpur, Malaysia, September 26, 2022. REUTERS/Hasnoor Hussain By Rozanna Latiff and Yantoultra Ngui KUALA LUMPUR/SINGAPORE (Reuters) – Malaysia plans to introduce a second 5G community from subsequent 12 months, 4 sources informed Reuters, within the newest coverage shake-up geared toward dismantling monopolies and selling competitors by Prime Minister Anwar Ibrahim’s six-month-old administration. Malaysia’s 5G roll-out by state company Digital Nasional Berhad (DNB) has seen repeated delays since its launch in December 2021 due to business considerations over pricing and transparency, in addition…

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[ad_1] © Reuters. Japan’s Prime Minister Fumio Kishida delivers a speech to help his ruling social gathering?s candidate in an area election, close to a practice station in Wakayama, Wakayama Prefecture, south-western Japan April 15, 2023, on this photograph launched by Kyodo. Obligatory credi TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida mentioned on Sunday that Japan should do all the pieces to make sure security as overseas dignitaries collect for conferences of the Group of Seven industrial powers and put together for a summit subsequent month. The Japanese chief was evacuated unharmed on Saturday after a suspect threw what seemed…

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[ad_1] 2/2 © Reuters. FILE PHOTO: The Federal Reserve constructing is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis 2/2 By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – Financial information has begun to fill within the portrait of a U.S. financial system that’s shedding momentum, with stories over the past seven days exhibiting job development, inflation, manufacturing facility output and shopper spending all slowing down. The mixed impression hasn’t precipitated Federal Reserve officers to name a halt to additional fee will increase, with policymakers nonetheless seen possible subsequent month to lift the benchmark in a single day…

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[ad_1] © Reuters. FILE PHOTO: Individuals’s Financial institution of China (PBOC) Governor Yi Gang attends a information convention in Beijing, China March 3, 2023. REUTERS/Florence Lo By Joe Money BEIJING (Reuters) -China reiterated it’s prepared to work with all events to implement the Frequent Framework for debt disposal on Friday however stopped wanting dropping its demand that multilateral growth banks share in debt restructuring losses. Beijing’s refusal to budge on this difficulty is a serious roadblock to debt aid for cash-strapped nations wanting to make use of the framework to entry additional loans from the Worldwide Financial Fund (IMF), as…

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[ad_1] © Reuters. (Reuters) – San Francisco police arrested a person on Thursday morning in reference to final week’s deadly stabbing of Money App founder Bob Lee, in keeping with native media experiences, Nima Momeni, who was taken into custody throughout a search in close by Emeryville, is suspected of stabbing Lee, 43, a number of instances with a knife that was recovered close to the scene, impartial information web site Mission Native reported, citing police sources. A 38-year-old man by the identical title was booked into the county jail after 9 a.m. native time Thursday on suspicion of homicide,…

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[ad_1] © Reuters. FILE PHOTO: Crops are seen in a barley area at a farm close to Moree, an inland city in New South Wales, Australia October 27, 2020. REUTERS/Jonathan Barrett/File Picture By Kirsty Needham SYDNEY (Reuters) – Australia needs exporters to diversify markets and turn out to be much less reliant on China, as a result of it can not separate financial and strategic relationships, Overseas Minister Penny Wong mentioned a day after the commerce companions unveiled a path to ending a dispute. Each nations have reached consensus to finish their dispute over barley, they mentioned on Tuesday, with…

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[ad_1] © Reuters. FILE PHOTO: The emblem of Hyundai Motor Firm is pictured on the New York Worldwide Auto Present, in Manhattan, New York Metropolis, U.S., April 13, 2022. REUTERS/Andrew Kelly By Heekyong Yang SEOUL (Reuters) -Hyundai Motor Group mentioned on Tuesday it deliberate to take a position 24 trillion received ($18.14 billion) in South Korea’s electrical automobile (EV) business by way of 2030, bolstering its presence in a section that’s set to dominate long-term international automotive demand. The funding plan by the group, which incorporates Hyundai Motor Co, Kia Corp and Hyundai Mobis Co Ltd, got here as President…

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[ad_1] By Jody Godoy (Reuters) – The founding father of Infinity Q Administration, which as soon as claimed to handle $3 billion, was sentenced to fifteen years in jail for deceptive traders in regards to the worth of belongings the New York agency managed, U.S. Lawyer Damian Williams stated on Monday. U.S. District Choose Denise Cote sentenced James Velissaris, 38, on Friday after rejecting his current request to withdraw his responsible plea, which he entered in November. “We hope this prolonged sentence resonates within the monetary sector and deters anybody who could also be tempted to mislead traders,” Williams stated…

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