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☆ American Ewing extends Women's British Open lead as holder Buhai misses cut
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

[1/2] Jun 24, 2022; Bethesda, Maryland, USA; Ally Ewing plays her shot from the 18th tee during the second round of the KPMG Women's PGA Championship golf tournament at Congressional Country Club. Mandatory Credit: Scott Taetsch-USA TODAY Sports/File photoAug 11 (Reuters) - American Ally Ewing extended her lead at the Women's British Open to five shots with a second round 66, while holder Ashleigh Buhai missed the cut after shooting a 73 at Walton Heath Golf Club on Friday. Gaby Lopez, Alison Lee, Kim Hyo-joo and Lilia Vu all stand six shots behind Ewing. "I thought that was a great score by Ally (Ewing) this morning. South African Buhai's inconsistency saw her mix five bogeys with four birdies for a total score of three-over as she became the fourth consecutive defending champion to miss the cut.

Persons: Ally Ewing, Scott Taetsch, Ashleigh Buhai, Ewing, Charley Hull, Andrea Lee, Japan's Minami Katsu, Gaby Lopez, Alison Lee, Kim Hyo, Lilia Vu, Hull, Ally, Celine Boutier, Tommy Lund, Ken Ferris Organizations: KPMG Women's, Congressional Country Club, Walton Heath Golf Club, Scottish, Evian Championship, Thomson Locations: Bethesda , Maryland, USA, France, Gdansk

☆ US Women’s Open: Nasa Hataoka leads as she bids to win first major title
▼ + stars: | 2023-07-09 | by ( George Ramsay | ) edition.cnn.com time to read: +1 min

CNN —Japanese golfer Nasa Hataoka will be looking to win her first major title on Sunday as she leads the US Women’s Open at Pebble Beach. Hataoka, a six-time LPGA Tour winner, tops the leaderboard after three rounds in California, one shot ahead of American Allisen Corpuz. The 24-year-old, a runner-up at the 2021 US Women’s Open and the 2018 Women’s PGA Championship, will likely have to hold off a challenge from Corpuz if she is to win her first major title. The Hawaiian native bogeyed the 18th hole during her one-under 71 as she searches for her first professional win. Behind Corpuz on four-under overall are South Korea’s Kim Hyo-joo and the USA’s Bailey Tardy, who shot 73 and 75 respectively on Saturday.

Persons: Nasa Hataoka, ”, Darron Cummings, Hataoka, Kim Hyo, Bailey Tardy Organizations: CNN, Nasa, US Locations: Hataoka, California

☆ US Women’s Open: Rookie disqualified just five holes into first round after caddie uses rangefinder
▼ + stars: | 2023-07-07 | by ( Jack Bantock | ) edition.cnn.com time to read: +6 min

CNN —Thai golfer Natthakritta Vongtaveelap made it through just five holes of her US Women’s Open debut on Thursday before she was disqualified due to her caddie’s use of a rangefinder. The 20-year-old LPGA Tour rookie was even-par to start her tournament at California’s famous Pebble Beach course before she was disqualified after caddie Jinsup Kim used the distance-measuring device on two occasions. On July 1, American Zach Williams navigated just two holes of his Korn Ferry Tour debut at the Memorial Health Championship before he was disqualified for using a rangefinder. A five-time champion on the Thai LPGA Tour, Vongtaveelap announced her arrival on the LPGA Tour in stunning fashion with a runner-up finish at the Honda LPGA Classic in February, finishing just one stroke behind American Lilia Vu. This is the first time my brother ever actually watched me play, so it’s really, really special.

Persons: Natthakritta Vongtaveelap, caddie Jinsup Kim, Vongtaveelap, ”, Michael Yim, ” Yim, “, Zach Williams, Korn, I’ll, ” Vongtaveelap’s, Lilia Vu, Kim, Lin, Janet Lin, Korea’s Kim Hyo, Thailand’s, ‘, ’ ” Lin, ” Kim, Ezra Shaw, Áine Donegan, Donegan, Ping, — aine donegan, Leona Maguire, Bailey, Allisen, Nasa Hataoka, Korea’s Hae Ran Ryu, Minjee Lee, Karrie Webb, Rose Zhang, ” Zhang, they’re, “ I’ve Organizations: CNN, US, Women’s, USGA, Tour, PGA Tour, Memorial Health, Thai LPGA, LPGA, Honda LPGA, Lotte, Evian, Pebble, Getty, Nasa, PGA Locations: U.S, Pebble Beach, Republic, Southern California

☆ Tesla beats second-quarter delivery estimates as price cuts pay off
▼ + stars: | 2023-07-02 | by ( ) www.reuters.com time to read: +2 min

July 2 (Reuters) - Tesla Inc (TSLA.O) on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and U.S. federal credits helped make its electric vehicles more affordable. "The price cuts was a smart poker move for Tesla and paying major dividends in the field especially for the China market," Dan Ives, an analyst at Wedbush Securities, said. Tesla is expected to hit record sales in China, its second-largest market after North America, despite stiff competition from market leader BYD . Tesla has cut prices starting in China since late last year, eroding its first-quarter margins. Reuters GraphicsThe company delivered 446,915 Model 3 compact cars and Model Y sport-utility vehicle, as well as 19,225 of its Model S and Model X premium vehicles.

Persons: Elon, Tesla, Dan Ives, BYD, Ives, Elon Musk, Akash Sriram, Shivani, Hyun Joo Jin, Sriraj Kalluvila, Lisa Shumaker Organizations: Tesla Inc, Refinitiv, Tesla, Wedbush Securities, Reuters Graphics, Ford, General Motors, Reuters, Thomson Locations: China, North America, United States, Shivani Tanna, Bengaluru

☆ South Korea's robust economic activity in May paints brighter quarter
▼ + stars: | 2023-06-30 | by ( Jihoon Lee | ) www.reuters.com time to read: +2 min

By product, output of automobiles jumped 8.7% and semiconductors rose 4.4% over the month, whereas communication devices slumped 16.9%. The finance ministry said the data showed the economy was on a recovery path after a slight correction the previous month. Factory output will rebound in the second quarter after four consecutive quarters of loss as exports bottom out, the ministry said. South Korea's heavily trade-reliant economy barely averted a recession with growth of 0.3% in the first quarter, after contracting in late 2022 for the first time in 2-1/2 years. Retail sales rose 0.4% in May, after dropping 2.6% in April - which was the worst in five months - while facility investment jumped 3.5%, the most since August.

Persons: Kang Min Joo, Kang, Jihoon Lee, Jacqueline Wong, Christopher Cushing Organizations: Statistics, ING Economics, Thomson Locations: SEOUL, Statistics Korea

☆ Yuan slides after China cuts lending benchmarks; Aussie down
▼ + stars: | 2023-06-20 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

"Markets were expecting bigger support and were hoping for a larger LPR cut," said currency strategist Christopher Wong at OCBC. It's probably going to be more targeted," said currency strategist Moh Siong Sim at Bank of Singapore. "The minutes were interpreted by market participants as dovish," said currency strategist Carol Kong at Commonwealth Bank of Australia. The yen has come under renewed pressure amid rising interest rate differentials between Japan and other developed markets. Sterling edged 0.06% higher to $1.2798, ahead of British inflation data and the Bank of England's (BoE) interest rate decision later in the week.

Persons: Christopher Wong, Moh Siong Sim, Carol Kong, Min Joo Kang, BoE, Rodrigo Catril, Rae Wee, Christopher Cushing Organizations: Bank of Singapore, Reserve Bank of Australia's, Commonwealth Bank of Australia, New Zealand, Bank of Japan's, ING, South, Central Bank, Sterling, Bank of England's, National Australia Bank, Bank of England, U.S ., Thomson Locations: SINGAPORE, China, OCBC, Japan, South Korea

☆ Dollar buoyant; yuan wobbles after China cuts lending benchmarks
▼ + stars: | 2023-06-20 | by ( ) www.cnbc.com time to read: +3 min

The U.S. dollar rose broadly on Tuesday and notched a seven-month high against the yen, while the yuan slipped after China cut two benchmark lending interest rates for the first time in 10 months. The offshore yuan dipped slightly following the decision and was down more than 0.1% at 7.1734 per dollar, languishing near last week's roughly seven-month low. The yen has come under renewed pressure amid rising interest rate differentials between Japan and other developed markets globally. Sterling rose 0.05% to $1.2797, ahead of British inflation data and the Bank of England's interest rate decision later in the week. Against a basket of currencies, the U.S. dollar rose 0.03% to 102.51.

Persons: it's, Rodrigo Catril, Min Joo Kang, Sterling, BoE, NAB's Organizations: U.S, National Australia Bank, NAB, Bank of, ING, South, Reserve Bank of, New Zealand, Central Bank, Bank of England Locations: China, United States, Asia, Japan, South Korea

☆ 'Big Short' investor Burry bet on regional banks in first quarter
▼ + stars: | 2023-05-15 | by ( David Randall | ) www.reuters.com time to read: +2 min

[1/2] A branch of First Republic Bank is seen. First Republic collapsed May 1, making it the largest bank failure since the 2008 financial crisis. The filings did not show whether Scion had sold its positions before then. The positions were revealed in quarterly securities fillings known as 13-fs. Burry was featured in the 2010 nonfiction book "The Big Short" by Michael Lewis which was made into a popular movie five years later.

☆ Americans Corpuz, Yin sit atop Chevron leaderboard heading into final round
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +3 min

April 22 (Reuters) - Americans Allisen Corpuz and Angel Yin charged up the leaderboard to share a one-shot lead at 10-under par after a pair of near-flawless performances in the third round of the Chevron Championship on Saturday. "Been playing really solid these last three days," the 25-year-old said in a televised interview. "I've just been trying to tell myself, you know, get more comfortable in contention, just keep learning from every experience." "It was one of those days -- everything felt so easy and everything felt in sync," she said in a televised interview. The second round of the tournament wrapped up early on Saturday after organisers were forced to halt play due to darkness.

After the verdict on Friday, juror Mitchell Vasseur, 63, told Reuters that he and his fellow jurors felt badly for Hsu, but ultimately determined that Autopilot was not at fault. Jury foreperson Olivia Apsher, 31, said the Autopilot system reminds drivers when they are not adequately taking control. "There are audible warnings and visual warnings both for the driver, indicating that it is your responsibility." The trial unfolded in Los Angeles Superior Court over three weeks and featured testimony from three Tesla engineers. Reporting by Abhirup Roy in Los Angeles, and Dan Levine and Hyun Joo Jin in San Francisco Editing by Peter Henderson and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Asia's 'best restaurants' list is out — and it's no surprise which country made the list 17 times
▼ + stars: | 2023-03-29 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +10 min

William Drew, director of content for Asia's 50 Best Restaurants, said Japan's strong performance is "no surprise." The top 50 restaurants in AsiaThis year commemorates the 10th anniversary of the "Asia's 50 Best Restaurants" list. Asia's top 50 restaurantsThe list of "Asia's 50 Best Restaurants" for 2023 are: 1. Ten restaurants that ranked among Asia's best 50 restaurants last year fell into the 51-100 ranking this year. Asia's 50 Best Restaurants 2023Labyrinth also rose 29 spots to No.11, winning the "Highest Climber" award.

☆ South Koreans sceptical as president offers olive branch to Japan
▼ + stars: | 2023-03-16 | by ( Ju-Min Park | ) www.reuters.com time to read: +5 min

SEOUL, March 16 (Reuters) - As South Korean President Yoon Suk Yeol landed in Tokyo on Thursday his plan to patch up relations with Japan faces lingering scepticism at home. Sixty-four percent of the respondents said South Korea did not need to rush to improve ties with Japan if there were no change in Tokyo's attitude, according to the poll. Yoon is the latest of many South Korean conservatives who embrace the argument that Seoul must heal divides with Japan to confront security challenges. Boycotts of Japanese products and vacations have largely faded in South Korea, and a growing number of South Koreans are travelling to Japan as COVID restrictions ease. Three Japanese animated films are among the top five at box office in South Korea.

☆ Forced labour victims protest in wheelchairs, reject S.Korea deal on Japan
▼ + stars: | 2023-03-07 | by ( Ju-Min Park | ) www.reuters.com time to read: +3 min

REUTERS/Kim Hong-JiSEOUL, March 7 (Reuters) - Two elderly South Korean victims of wartime forced labour took to the streets in wheelchairs on Tuesday, saying they rejected a compensation deal announced this week, potentially complicating Seoul's efforts to end a diplomatic spat with Japan. Under President Yoon Suk Yeol's plan, South Korea would compensate former forced labourers through an existing public foundation funded by South Korean private-sector companies, rather than seeking payments from Japan. Overall there are about 1,815 living victims of forced labour in South Korea, according to government data. The compensation for each woman was estimated at around 210 million won ($161,465.18), according to the Victims of Japanese Wartime Forced Labor support group. Is he truly a South Korean?

☆ Flawless Kang seizes lead at World Championship
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +1 min

March 3 (Reuters) - American Danielle Kang fired a flawless nine-under-par 63 to grab a one-shot halfway lead at Sentosa after a weather-delayed second round of the HSBC Women's World Championship in Singapore on Friday. World number 18 Kang, who finished in a share of 29th after the first round, surged to the top of the leaderboard after draining nine birdies, including three in a row from the 12th. Surprise overnight leader Elizabeth Szokol was tied for second place, alongside Allisen Corpuz and Kim Hyo-joo, after the world number 153 had an inconsistent round and nearly cancelled out her five birdies with four bogeys. American world number two Nelly Korda was in a three-way share for fifth after carding 68. Reporting by Hritika Sharma in Bengaluru, additional reporting by Aadi Nair Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

☆ Szokol takes three-shot lead after sizzling 64 at Sentosa
▼ + stars: | 2023-03-02 | by ( ) www.reuters.com time to read: +1 min

March 2 (Reuters) - World number 153 Elizabeth Szokol outplayed a stellar field with an eight-under-par 64 to take a three-stroke lead after the opening round of the HSBC Women's World Championship in Singapore on Thursday. After a bogey at her first hole, the American bagged seven birdies and an eagle to build a solid lead over the chasing pack, which was led by Yuka Saso on five-under after the Japanese world number 36 shot a flawless 67. American world number two Nelly Korda carded a 68 for a share of third place with five other players, including fellow major winners Patty Tavatanakit, Kim Hyo-joo, Ariya Jutanugarn and Lee Jeong-eun. Top-ranked Lydia Ko (70) of New Zealand and South Korea's reigning champion Ko Jin-young (72) endured difficult days with the putter at the Sentosa Golf Club and finished in a share of 14th and 36th respectively. Reporting by Hritika Sharma in Bengaluru, editing by Nick Mulvenney and Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ Berlinale film marks Chinese star Fan Bingbing's return to cinema
▼ + stars: | 2023-02-23 | by ( James Imam | ) www.reuters.com time to read: +3 min

[1/4] Cast member Fan Bingbing attends a news conference during the promotion of 'Green Night' at the 73rd Berlinale International Film Festival in Berlin, Germany, February 23, 2023. Her reappearance also spotlighted the return of Chinese-language film to the international stage, as mainland China and Hong Kong have eased zero-COVID policies, allowing for international travel. Featuring both Mandarin and Korean dialogue, the film is one of several from China and Hong Kong receiving world premieres at the Berlinale. In "Green Night", Fan plays the role of Jin Xia, a Chinese immigrant working as a security guard at Seoul airport. Chinese cinema is showing signs of thriving in Berlin, Fan said.

☆ Kazuo Ueda nominated to lead Japan's central bank in possible move away from ultra-easy policy
▼ + stars: | 2023-02-14 | by ( Laura He | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —The Japanese government has nominated Kazuo Ueda to lead its central bank, in a surprise move that could pave the way for the country to wind down its ultra-loose monetary policy. Accommodative is a term used to describe monetary policy that adjusts to adverse market conditions and usually involves keeping interest rates low to spur growth and employment. As part of that program, the central bank targeted some short-term interest rates at an ultra-dovish minus 0.1% and aimed for 10-year government bond yields around 0%. But as prices rose and interest rates elsewhere went up, pressure has grown on the BOJ to wind down YCC. But Kuroda later dismissed a near-term exit from his ultra-loose monetary policy.

☆ Vietnam exporters fret over potential trade fallout of U.S. rules on Xinjiang
▼ + stars: | 2023-02-14 | by ( Francesco Guarascio | ) www.reuters.com time to read: +4 min

Vietnam posted a $116 billion trade surplus with the United States last year, led by shipments of goods such as electronics, clothing and footwear. The solar panel sector could be particularly at risk, as it greatly relies on polysilicon for solar cells, whose global production is concentrated in Xinjiang. Alongside other Southeast Asian countries, Vietnam accounts for about 80% of U.S. panel supplies, and Vietnam's panel exports to the United States were worth $3.4 billion in 2020. First Solar did not use polysilicon in its panels, but competitors in Vietnam did, he said, without identifying any companies. In addition to First Solar, the top solar panel makers in Vietnam are mostly Chinese companies, according to investment consultancy Dezan Shira.

[1/3] Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, U.S. January 27, 2023. Ives added that some Tesla investors feared Musk might have to sell more Tesla stock if he lost. Tesla investors have expressed concerns that running the social media company has taken up too much of his focus. During the three-week trial, Musk spent nearly nine hours on the witness stand, telling jurors he believed the tweets were truthful. He said his tweets in general did not always affect Tesla stock the way he expects.

☆ U.S. jury finds Tesla and Musk not liable in case over take-private tweet
▼ + stars: | 2023-02-03 | by ( ) www.reuters.com time to read: 1 min

Feb 3 (Reuters) - A U.S. jury on Friday found Tesla Inc (TSLA.O) and CEO Elon Musk not liable in a securities fraud case over a tweet that he had lined up funding to take the electric car company private. Plaintiffs have claimed billions in damages and the decision also had been seen as important for Musk himself, who has aggressively fought any charges that he was guilty and defended his ability to tweet broadly. Reporting by Jody Godoy in California and Hyun Joo Jin in San Francisco Editing by Noeleen Walder, Peter Henderson and Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

"We're going to see in 2023, there is still going to be volatility around chips," Ford Chief Financial Officer John Lawler said on Thursday. By the end of 2023, almost 18 million vehicles will have been removed from production plans since the chip shortage started, according to Auto Forecast Solutions. Japan's Denso Corp (6902.T), a leading supplier to Toyota Motor Corp (7203.T), on Friday slashed its annual profit forecast and warned the chip shortage could cause auto production cuts. Toyota in November cut its vehicle production projection for the current financial year through March due to the chip shortage. The head of another auto supplier, Aptiv Plc (APTV.N), which makes advanced driver assistance systems, vehicle computers and high-voltage cabling, said the impact of the chip shortage is not evenly felt.

"This case ultimately is about whether rules that apply to everyone else should also apply to Elon Musk," the shareholders' lawyer Nicholas Porritt said in his closing argument in San Francisco federal court, with Musk looking on in the courtroom. The trial is a test of whether Musk, the world's second-richest person, can be held liable for his sometimes impulsive use of Twitter. They also accused Musk of lying when he tweeted later that day that "investor support is confirmed." Investors are seeking billions in damages from Musk, Tesla and several of the company's directors. During the three-week trial, jurors heard testimony from witnesses including Tesla directors, Musk's financial advisers and Musk himself.

☆ At least 5 Russian men who escaped conscription have been living in Seoul's airport for months, and their refugee status still hangs in the balance: report
▼ + stars: | 2023-01-26 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

At least five Russian men have been living in South Korea's Incheon airport for months. The men told The Post their lives are hanging in the balance: Seoul could still reject their asylum appeal. But I feel this conflict is extremely political," Maraktaev told The Post. Maraktaev then managed to get a flight to South Korea, and he finally landed in Incheon on November 12. According to the United Nations High Commissioner for Refugees, most of the refugees given a humanitarian visa in South Korea are from Syria and Yemen.

☆ South Korea seeks Chinese national missing from COVID quarantine
▼ + stars: | 2023-01-04 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

[1/4] Chinese tourists walk into coronavirus disease (COVID-19) testing centre upon their arrival at the Incheon International Airport in Incheon, South Korea, January 4, 2023. REUTERS/Kim Hong-JiSEOUL, Jan 4 (Reuters) - South Korea authorities said on Wednesday they were trying to track down a Chinese national who tested positive for COVID-19 on arrival but went missing while waiting at a quarantine facility. The person tested positive after arriving at Incheon International Airport near Seoul late on Tuesday and was transferred to a nearby hotel to await admission to quarantine, but then went missing, a health official said. Starting this week, South Korea required travellers from China to undergo a PCR test upon arrival. The case of the missing Chinese national triggered questions in the media about South Korea's system to control and manage infected inbound travellers.

☆ South Korea seeks Chinese national missing from Covid quarantine
▼ + stars: | 2023-01-04 | by ( ) www.cnbc.com time to read: +1 min

Health workers guide travelers arriving from China at a Covid-19 testing center at Incheon International Airport, west of Seoul on Jan. 3, 2023. South Korea authorities said on Wednesday they were trying to track down a Chinese national who tested positive for Covid-19 on arrival but went missing while waiting at a quarantine facility. The person tested positive after arriving at Incheon International Airport near Seoul late on Tuesday and was transferred to a nearby hotel to await admission to quarantine, but then went missing, a health official said. The individual, who was not identified, has been placed on a wanted list, the official, Kim Joo-young, said. On Tuesday, South Korea announced mandatory coronavirus tests on Chinese arrivals, joining a growing list of the countries imposing restrictions amid concerns over a wave of infections following Beijing's decision to lift stringent zero-Covid policies.

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