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Updated: 2 hours 43 min ago

BOJ Kuroda's optimism on economy, price outlook sends yen to 4-month high

Mon, 01/15/2018 - 04:16
TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda offered a positive view on the economy and inflation on Monday, sending the yen to a four-month high against the dollar on simmering speculation it may exit its ultra-loose monetary policy earlier than expected.

Suicide attack in Baghdad kills at least 25, wounds 63, government says

Mon, 01/15/2018 - 02:00
BAGHDAD (Reuters) - At least 25 people were killed and 63 wounded in a twin suicide bombing in central Baghdad on Monday, the Iraqi health ministry said on its Facebook page.

Stricken oil tanker leaves 10-mile oil slick in East China Sea: CCTV

Mon, 01/15/2018 - 01:44
TOKYO/BEIJING (Reuters) - The burning Iranian oil tanker that sank in the East China Sea on Sunday in the worst oil ship disaster in decades has produced a 10-mile long oil slick as black smoke continued to billow from the site, Chinese media and Japanese authorities said on Monday.

Brent crude oil rises to $70 on output cuts, ignores North America rig gains

Mon, 01/15/2018 - 01:22
SINGAPORE (Reuters) - Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North America.

Ford plans $11 billion investment, 40 electrified vehicles by 2022

Sun, 01/14/2018 - 23:57
DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

Oil near three-year highs on output cuts despite rising North American rig count

Sun, 01/14/2018 - 23:17
SINGAPORE (Reuters) - Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.

End of a chip boom? Memory chip price drop spooks investors

Sun, 01/14/2018 - 23:10
SEOUL (Reuters) - After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co's disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year.

Trump says 'I'm not a racist,' keeps door open for DACA deal

Sun, 01/14/2018 - 21:00
WEST PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump insisted on Sunday "I'm not a racist" in response to reports that he had described immigrants from Haiti and African countries as coming from "shithole countries."

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

Sun, 01/14/2018 - 20:58
TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

Trump says 'I'm not a racist,' willing to reach deal on DACA

Sun, 01/14/2018 - 20:09
WEST PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump said on Sunday that he is "not a racist" despite reports of his derogatory comments about immigrants from Haiti and Africa, adding that he was "ready, willing and able" to reach a deal to protect immigrants brought to the United States as children.

Hawaii says lack of adequate fail-safe measures led to false missile alert

Sun, 01/14/2018 - 19:55
HONOLULU (Reuters) - Human error and a lack of adequate fail-safe measures during a civil defense warning drill led to the false missile alert that stirred panic across Hawaii over the weekend, a state emergency management agency spokesman acknowledged on Sunday.

Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei

Sun, 01/14/2018 - 19:15
TOKYO (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

Ford plans $11 billion investment, 40 electric vehicles by 2022

Sun, 01/14/2018 - 19:12
DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

Peace efforts can only resume under international mediation: Abbas

Sun, 01/14/2018 - 18:46
RAMALLAH, West Bank (Reuters) - Palestinian President Mahmoud Abbas said on Sunday he would only accept a broad, internationally-backed panel to broker any peace talks with Israel, but did not rule out a U.S. role in such a panel.

Plane skids off Turkish runway and plunges towards sea

Sun, 01/14/2018 - 17:47
ISTANBUL (Reuters) - A Pegasus Airlines flight skidded off the runway of a Turkish coastal airport and plunged down a steep slope on the edge of the Black Sea, ending up only meters from the water's edge.

Exclusive: France expects UK to pay up, take more refugees to keep border - official

Sun, 01/14/2018 - 17:42
PARIS (Reuters) - France expects Britain to agree to take more asylum seekers and pay more for border security in order to maintain a frontier on the French side of the Channel, a French government official said.

FCC says appears Hawaii had no safeguard to stop missile scare

Sun, 01/14/2018 - 16:59
(Reuters) - Hawaii apparently did not have adequate safeguards in place to prevent a false emergency alert about a missile attack that panicked residents for more than a half-hour before it was withdrawn, a federal official said on Sunday.

China absence looms over Canada meeting on how to pressure North Korea

Sun, 01/14/2018 - 16:55
VANCOUVER (Reuters) - Foreign ministers from around 20 nations gather on Tuesday to discuss how to curb North Korea's nuclear ambitions through diplomatic and financial pressure, but China, seen as a key player in any long-term solution, will be absent.

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

Sun, 01/14/2018 - 16:52
TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.

Israel says it destroyed Gaza attack tunnel under Egyptian border

Sun, 01/14/2018 - 13:58
GAZA/JERUSALEM (Reuters) - Israeli said on Sunday it had destroyed a cross-border attack tunnel that ran from Gaza into Israel and Egypt dug by Hamas, the Islamist group that controls the Palestinian enclave, and that it would destroy all attack tunnels by the year's end.

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