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Kakao shares plunged as much as 9.5% on Monday to their lowest since May 2020, wiping out 2 trillion won ($1.39 billion) in market capitalisation at one point, while shares in affiliates KakaoPay (377300.KS) and KakaoBank (323410.KS) lost more than 8% before paring losses. South Korea's technology ministry is probing whether the outage violated any laws while the communications regulator is reviewing the matter, including questions of user compensation, officials said on Sunday. An initial probe on Sunday found electrical issues around battery racks in third basement floor of the data centre, which is operated by SK C&C (034730.KS), may have caused the fire. REPUTATIONAL HITThe Kakao messaging application and the Kakao T taxi booking application are seen on a mobile phone in this illustration photo March 13, 2018. It said on Monday it would discuss compensation with data centre operator SK C&C for losses it and its key units have sustained.

☆ Juror dismissed from Michigan governor kidnapping case accused of flirting with defendant
▼ + stars: | 2022-10-16 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +2 min

A juror was accused of flirting with a defendant charged in connection with the plot to kidnap Michigan's governor. The female juror was relieved of her duties after "smiling" and "eye contact" between the two. The interactions were with Paul Bellar, 23, standing trial on charges of providing material for a terrorist act. Bellar, 23, is standing trial in Michigan state court with co-defendants and fellow Wolverine Watchmen members Joseph Morrison and Pete Musico. In August, two other men, Adam Fox and Barry Croft Jr. were convicted in the plot, in which they sought to kidnap Gov.

☆ Accused of flirting, juror dismissed from Whitmer kidnapping plot trial
▼ + stars: | 2022-10-15 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

JACKSON, Mich. — A judge has dismissed a young woman from the jury hearing the trial of three men in connection with a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer after attorneys accused her of flirting with one of the defendants. The three are charged in state court in Jackson, Michigan, with providing material support for a terrorist act. “Since the start of the trial ... there’s been non-verbal communication between one of the jurors — a female — and Mr. Bellar,” Rollstin said. Two other men, Adam Fox and Barry Croft Jr., were convicted in August of federal crimes in connection with the plot.

☆ Accused of flirting, juror dismissed from Whitmer plot trial
▼ + stars: | 2022-10-15 | by ( ) www.cnbc.com time to read: +2 min

A judge has dismissed a young woman from the jury hearing the trial of three men in connection with a 2020 plot to kidnap Michigan Gov. Gretchen Whitmer after attorneys accused her of flirting with one of the defendants. William Rollstin, who is prosecuting the case for the Michigan attorney general, raised concerns about the juror before Wilson during a meeting in chambers Wednesday. "Since the start of the trial ... there's been non-verbal communication between one of the jurors — a female — and Mr. Bellar," Rollstin said. Two other men, Adam Fox and Barry Croft Jr., were convicted in August of federal crimes in connection with the plot.

The Jan. 6 committee's ninth and likely final investigative hearing Thursday will feature new testimony and evidence, including Secret Service records and surveillance video. ET, will not include any live witnesses, a committee aide said. All nine committee members are expected to lead segments of the hearing. That’s a departure from this summer when each of the eight hearings featured only a few panel members at a time. Part of the committee's charge is to issue legislative recommendations to prevent another Jan. 6 attack, and some panel members Thursday will present on the ongoing threats to democracy that remain.

☆ Supreme Court rejects challenge to death sentence over racially prejudiced jurors
▼ + stars: | 2022-10-11 | by ( Lawrence Hurley | Lawrence Hurley Covers The Supreme Court For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

WASHINGTON — The Supreme Court on Tuesday turned away a Black death row inmate's appeal over claims he did not receive a fair trial because several jurors had expressed opposition to interracial relationships. He stabbed all three to death and attempted to remove their hearts, saying later he hoped to “set them free from evil,” according to court filings. At the 2005 trial for the murder of Leyha Hughes, the all-white jury found that Thomas was guilty and sentenced him to death. One juror said that he opposed interracial relationships because it was "against God’s will," according to court filings. The state’s lawyers argue in part that all three jurors said they would follow the law as instructed and could deliver an impartial verdict.

☆ China CDS hit highest in more than five years - S&P Global Market Intelligence
▼ + stars: | 2022-10-11 | by ( Reuters Staff | ) www.reuters.com time to read: 1 min

FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File PhotoLONDON (Reuters) - The cost of insuring exposure to China’s sovereign debt rose to the highest level since January 2017 on Tuesday, data from S&P Global Market Intelligence showed. China’s five-year credit defaults swaps added 5 basis points (bps) from Monday’s close to hit 112 bps, the data showed. China CDS started the year at 40 bps. However, Prolonged COVID-19 lockdowns and long-running disputes over technology with the United States have weighed heavily on domestic consumption and growth.

☆ Next Jan. 6 committee hearing will reveal 'pretty surprising' new material, Rep. Zoe Lofgren says
▼ + stars: | 2022-10-11 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

The committee's ninth public hearing will touch on the "close ties between people in Trump world and some of these extremist groups," Rep. Zoe Lofgren, D-Calif., said in a CNN interview. "There's some new material that, you know, I found as we got into it, pretty surprising." Later that same week, the committee interviewed Virginia Thomas, the wife of Supreme Court Justice Clarence Thomas, for about 3.5 hours. Thomas was not videotaped during her interview with the committee, Lofgren said over the weekend in an MSNBC interview. The committee also faces an end-of-the-year deadline to submit a final report to the president and Congress containing its findings.

A small group of Los Angeles city leaders faced shame and castigation after an audio recording of racist remarks at a private meeting surfaced Sunday. The most egregious remarks were uttered by City Council President Nury Martinez, who seemed to verify the 2021 recording by apologizing to constituents. Los Angeles City Councilmember Kevin de León and City Council President Nury Martinez confer at council meeting on Oct. 4. Martinez and de León and other Latino council members apologized Sunday after The Los Angeles Times reported that they had been taped making racist comments in a private meeting. The three issued a joint statement Sunday night that called past City Council support for Black Lives Matter "a facade."

The House Jan. 6 committee is interviewing Ginni Thomas, a conservative activist and the wife of Supreme Court Justice Clarence Thomas, on Thursday, two sources familiar with the plans told NBC News. The interview was scheduled to begin around 9:30 a.m. NBC News cameras outside the O’Neill House building captured Thomas as she arrived at the Capitol. A source close to the panel told NBC News last week that the committee had reached an agreement with Thomas to be interviewed. Thomas first came under scrutiny for messages she sent to Mark Meadows, who was White House chief of staff on Jan. 6, telling him to encourage then-President Donald Trump not to concede the election to Joe Biden. The Jan. 6 committee delayed a public hearing that had been scheduled for Wednesday of this week because of Hurricane Ian.

☆ El Quijote—a Kitsch Masterpiece—Is Open Again in Manhattan’s Hotel Chelsea
▼ + stars: | 2022-09-29 | by ( Tony Perrottet | ) www.wsj.com time to read: +1 min

For the Time Capsule series, we spotlight a cherished restaurant, hotel or landmark that’s changed remarkably little over the years. This week, we visit El Quijote at Hotel Chelsea in New York City. THENIN THE 1930s, exiles from the Spanish Civil War, living in New York, leased the Hotel Chelsea Restaurant, an eatery inside the decades-old apartment-hotel and artists’ cooperative on 23rd Street. They renamed the space after Don Quixote, a nod to the hotel’s literary cachet and created a fantasy shrine to their homeland. The 200-seat El Quijote also had a door next to the Chelsea’s lobby, luring guests like Arthur Miller and Dylan Thomas with hearty portions of Spanish fare served by waiters in scarlet blazers.

WASHINGTON, Sept 29 (Reuters) - Virginia "Ginni" Thomas, wife of U.S. Supreme Court Justice Clarence Thomas, met on Thursday with the congressional committee investigating the Jan. 6, 2021, attack on the U.S. Capitol. Thomas was seen going into the meeting room in a House office building that is used by the House of Representatives Select Committee for its interviews. The panel's chairperson, Democratic Representative Bennie Thompson, had told reporters on Wednesday that Thomas would appear before the panel this week. Register now for FREE unlimited access to Reuters.com RegisterShe declined to respond to a reporter's question as she walked in. Register now for FREE unlimited access to Reuters.com RegisterReporting by Patricia Zengerle; Editing by Mark PorterOur Standards: The Thomson Reuters Trust Principles.

☆ Jan. 6 Capitol riot committee interviewing Ginni Thomas, wife of Supreme Court justice
▼ + stars: | 2022-09-29 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Virginia Thomas, wife of Supreme Court Associate Justice Clarence Thomas, moderates a pannel discussion titled "When did World War III Begin? The House select committee investigating the Jan. 6 Capitol riot is interviewing Virginia Thomas, the wife of Supreme Court Justice Clarence Thomas, NBC News reported Thursday morning. Virginia Thomas, who goes by Ginni, arrived at a Capitol Hill office building flanked by security, NBC reported. A spokeswoman for the Supreme Court did not immediately respond to an email requesting comment. Select Committee Chairman Bennie Thompson, D-Miss., previously confirmed that the panel would interview Ginni Thomas this week.

☆ Hotel Chelsea’s El Quijote Is Open Again, Kitschy as Ever
▼ + stars: | 2022-09-28 | by ( Tony Perrottet | ) www.wsj.com time to read: +1 min

British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. Deutsche Bank's Currency Volatility Index – the historical volatility index of the major G7 currencies - jumped to a two-and-a-half year high of 13.55 on Monday. While Sterling and the yen have fared extremely poorly against the dollar, the greenback's meteoric rise has spared no major currency. Reuters GraphicsMoves have surprised long-time currency traders and investors. "Our team is working around the clock from multiple global locations," said Kamboj, adding he is not trading sterling because the pound's direction now depends entirely on how the Bank of England reacts.

☆ Sterling collapses as investors fly into dollars
▼ + stars: | 2022-09-26 | by ( Tom Westbrook | ) www.reuters.com time to read: +3 min

British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. Register now for FREE unlimited access to Reuters.com Register"You've got to buy the dollar as a risk off-trade. In stocks, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was down 1% to a two-year low. Treasuries tanked as well last week, with two-year yields up 35 bps to 4.2140% and benchmark 10-year yields up 25 bps to 3.6970%. Gold hit a more-than two-year low on Friday and bought $1,643 an ounce on Monday.

☆ Market reaction to Italy election outcome
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +6 min

Leader of Brothers of Italy Giorgia Meloni reacts at the party's election night headquarters, in Rome, Italy September 26, 2022. It last traded at 234 basis points. "Today's upward movement is a continuation of the market reaction seen on Friday after Britain's mini-budget and sounds like a warning to the eurozone countries as well." LUCA CAZZULANI, HEAD OF STRATEGY RESEARCH; LOREDANA MARIA FEDERICO, CHIEF ITALIAN ECONOMIST, UNICREDIT"We expect a rather muted market reaction in terms of BTPs credit spread in the short term, as the election outcome was broadly in line with expectations." We continue to expect the 10-year BTP-Bund spread to trade close to 250 basis points until year end."

☆ Battling Internationals split foursomes with U.S.
▼ + stars: | 2022-09-24 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

Sep 24, 2022; Charlotte, North Carolina, USA; Team USA golfer Collin Morikawa hits his tee shot on the 10th hole during the foursomes match play of the Presidents Cup golf tournament at Quail Hollow Club. The U.S. have dominated the biennial competition with an 11-1-1 record and started the day with an 8-2 lead and in position to register a Presidents Cup first - clinching the Cup on Saturday. With two sessions scheduled for a marathon day (foursomes and fourballs) the Americans had targeted the 15 1/2 total points needed to claim the title for a 12th time and extend their unbeaten run on home soil. The Internationals got another point when the South Korean pair of K.H. Register now for FREE unlimited access to Reuters.com RegisterReporting by Steve Keating in Charlotte.

British Pound Sterling and U.S. Dollar notes are seen in this June 22, 2017 illustration photo. Income tax cuts, a drop in property taxes, tax-free shopping for overseas visitors and the scrapping of a planned corporation tax rise are all aimed by the government at giving households and businesses a boost. It was last down 1.36% against the dollar at 1.1106 , a new low since 1985. The FTSE 100 (.FTSE) dropped 1.3%, hitting its weakest level since July 15, but shares in UK homebuilders jumped after Kwarteng announced changes to property stamp duty. Register now for FREE unlimited access to Reuters.com RegisterReporting by Alun John Editing by Alexander Smith and Frances KerryOur Standards: The Thomson Reuters Trust Principles.

☆ Delta is bringing back 8 transatlantic routes next summer as it continues to rebuild its post-pandemic network — see the full list
▼ + stars: | 2022-09-23 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

On Friday, the Atlanta-based carrier announced eight transatlantic routes returning to its network next summer, including one that hasn't flown since 1993. Boxun Liu / EyeEm / Getty ImagesDelta will start flights between New York and Geneva on April 10 using a Boeing 767-400 aircraft. Getty ImagesDelta will start flights between New York and London Gatwick on April 10 using a Boeing 767-300ER aircraft. picture alliance / Getty ImagesDelta will start flights between New York and Berlin on May 25 using a Boeing 767-300ER aircraft. Getty ImagesDelta will start five-times-weekly flights between Los Angeles and Paris on May 8 using an Airbus A330-900neo aircraft.

Keep up to date on the latest of Trump's legal travails, both criminal and civil, with this guide to the ever-evolving Trump docket. The Issues: Trump's real estate and golf resort business is accused of giving its executives pricey perks and benefits that were never reported as income to taxing authorities. The issues: They say Donald Trump sicced his security guards on their peaceful, legal protest outside Trump Tower in 2015. Donald Trump, right, sits with his children, from left, Eric Trump, Donald Trump Jr., and Ivanka Trump during a groundbreaking ceremony for the Trump International Hotel on July 23, 2014, in Washington. The Issues: Donald Trump is accused of promoting a scam multi-level marketing scheme on "The Celebrity Apprentice."

☆ India's banking system liquidity may remain in deficit in second half - analysts
▼ + stars: | 2022-09-22 | by ( Dharamraj Lalit Dhutia | ) www.reuters.com time to read: +4 min

REUTERS/Thomas White/Illustration/File PhotoMUMBAI, Sept 21 (Reuters) - Liquidity in India's banking system is likely to remain in deficit in the second half of this financial year as credit growth picks up and the circulation of currency notes rises, analysts said. As of Tuesday, the systemic deficit stood at 218 billion rupees, its highest since May 2019, with tax outflows in past week also squeezing liquidity. "Unless we see reasonable improvement in the balance of payment deficit, liquidity tightness will continue to persist," said Soumyajit Niyogi, director at India Ratings. Reuters Graphics Reuters GraphicsRBI ACTIONThe U-turn in liquidity has pushed up the overnight inter-bank rate above the policy repo rate of 5.4%. The RBI announced an overnight repo auction for 500 billion rupees after the close of market on Wednesday.

☆ Ginni Thomas, wife of Supreme Court Justice Clarence Thomas who urged Arizona officials to overturn election result, plans to testify before Jan. 6 committee: CNN
▼ + stars: | 2022-09-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Ginni Thomas, wife of Justice Clarence Thomas, will testify before the Jan. 6 panel, per CNN. In March, The Washington Post reported on text messages Ginni Thomas wrote to Trump's chief of staff Mark Meadows. After it was made clear that Joe Biden was the president-elect, on November 10, Ginni Thomas texted Meadows: "Help This Great President stand firm, Mark!! "Article II of the United States Constitution gives you an awesome responsibility: to choose our state's Electors," Thomas wrote in the email. An attorney for Ginni Thomas did not immediately respond to Insider's request for comment.

☆ Japan 'most certainly' will intervene in FX market if needed -top FX diplomat
▼ + stars: | 2022-09-22 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterA Japan yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File PhotoTOKYO, Sept 22 (Reuters) - Japan has not intervened in the currency market yet but will "most certainly" do so when necessary, the country's top currency diplomat, Masato Kanda, said on Thursday. "Markets are making very volatile moves," Kanda, vice finance minister for international affairs, told reporters. "We cannot tolerate excess volatility and disorderly currency moves," he said when asked about the yen's recent slide to fresh 24-year lows. Kanda declined to comment, when asked whether authorities conducted rate checks in the foreign exchange market.

☆ S.Korean won falls through key level after Fed hike
▼ + stars: | 2022-09-21 | by ( Choonsik Yoo | ) www.reuters.com time to read: +2 min

A South Korea won note is seen in this illustration photo May 31, 2017. The won fell as much as 0.9% to 1,406.8 per dollar in early onshore trading, marking the first time it crossed the 1,400-won mark since late March 2009. Both the finance ministry and the central bank separately issued warnings that they would act against excessive movements in the foreign exchange market. "The authorities will introduce various measures aimed at easing a supply-demand imbalance for foreign currencies from the pension fund and foreign trading companies," Minister Choo Kyung-ho said at a meeting of senior officials. Both the Bank of Korea and the National Pension Service declined to comment on the reports.

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