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☆ North Korea confirms it tested ICBM, touts 'fatal nuclear counterattack' capabilities
▼ + stars: | 2023-02-18 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +3 min

SEOUL, Feb 19 (Reuters) - North Korea said on Sunday it had tested a Hwasong-15 intercontinental ballistic missile (ICBM) the previous day in a "sudden launching drill" that confirmed its readiness for "mobile and mighty counterattack" against hostile forces. North Korea launched a long-range ballistic missile into the sea off Japan's west coast on Saturday afternoon after warning of a strong response to upcoming military drills by South Korea and the United States. A North Korea flag flutters next to concertina wire at the North Korean embassy in Kuala Lumpur, Malaysia March 9, 2017. Analysts say North Korea is likely to conduct more weapons tests, including a possible new solid-fuel missile, which could help the North deploy its missiles faster in the event of a war. North Korea's ballistic missile and nuclear weapons programmes are banned under U.N. Security Council resolutions, but Pyongyang says its weapons development is necessary to counter "hostile policies" by Washington and its allies.

☆ BlackRock downgrades Japan stocks on possible monetary policy shift
▼ + stars: | 2023-02-15 | by ( Jihye Lee | ) www.cnbc.com time to read: +3 min

Kazuhiro Nogi | Afp | Getty ImagesBlackRock, the world's largest asset manager, cut Japanese stocks to "underweight" – as Japan is set to appoint a new governor to lead its central bank. "We downgrade Japanese stocks on policy uncertainty and a worsening economic environment," BlackRock's research arm said Monday, before the government submitted its central bank picks to parliament. U.S. Treasury yields spiked, with the 10-year note and the 30-year note jumping 7 and 8 basis points respectively. One possibility is the Bank of Japan further widening its tolerance range beyond 50 basis points. Nikkei separately reported earlier this month that the central bank purchased 23.7 trillion yen ($182 billion) of JGBs in January, a new record high.

[1/4] A Japanese flag flutters atop the Bank of Japan building under construction in Tokyo, Japan, September 21, 2017. "This is a problem that is not going to change easily," said Momoko Nojo, a prominent campaigner for gender equality in Japan. The BOJ ranked 142nd of 185 central banks on gender equality, according to a report last year by the Official Monetary and Financial Institutions Forum. About 11% of central banks surveyed had a female governor, a record high, while 37% had female deputy governors. That target is far below the European Central Bank, where women hold 30% of management roles.

☆ Iran executes British-Iranian national despite UK, U.S. pleas
▼ + stars: | 2023-01-14 | by ( ) www.cnbc.com time to read: +3 min

Iran has executed British-Iranian national Alireza Akbari, the judiciary's Mizan news agency reported on Saturday, after sentencing the former Iranian deputy defense minister to death on charges of spying for Britain. In the video, Akbari did not confess to involvement in the assassination but said a British agent had asked for information about Fakhrizadeh. Iran's state media often airs purported confessions by suspects in politically charged cases. Reuters could not establish the authenticity of the state media video and audio, or when or where they were recorded. Iran has issued dozens of death sentences as part of the crackdown on the unrest, executing at least four people.

☆ BOJ allows yields to rise more in surprise tweak to policy
▼ + stars: | 2022-12-20 | by ( Leika Kihara | ) www.reuters.com time to read: +2 min

[1/2] A Japanese flag flutters atop the Bank of Japan building under construction in Tokyo, Japan, September 21, 2017. "The BOJ decided to modify the conduct of yield curve control to improve market functioning and encourage a smoother formation of the entire yield curve, it said in a statement. As widely expected, the BOJ kept unchanged its yield curve control (YCC) targets, set at -0.1% for short-term interest rates and around zero for the 10-year bond yield, at a two-day policy meeting that ended on Tuesday. But it decided to allow the 10-year bond yield to move up and down 50 basis points around the 0% target, wider than the previous 25 point band. Kuroda has repeatedly said he saw no need for the BOJ to tweak yield curve control, including taking immediate steps to address the side-effects such as the distortion it was creating in the bond market.

[1/5] Children play football next to a mural depicting Argentine soccer star Lionel Messi in a football school at Newell's Old Boys club, where Messi played as a kid in Rosario, Argentina December 15, 2022. In the nearby town of Serodino, a huge 12 by 18 meter (40 by 60 ft) Messi No. Sunday's match will be the second World Cup final for 35-year-old Messi, who will be seeking revenge after losing 1-0 to Germany in the 2014 final in Brazil. Because of how up for it these guys are, because of the way they treat each other," said Juan Ibáñez Moroni, father of Pedro Ibáñez, 8, who plays in the youth team at Newell's Old Boys, Messi's old club. "Apart from doing it for Argentina, they are going to do it for him (Messi) too.

☆ North Korea says U.S.-South Korea drills 'can no longer be tolerated'
▼ + stars: | 2022-11-01 | by ( ) www.reuters.com time to read: +3 min

[1/2] A North Korean flag flutters at the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom inside the demilitarized zone (DMZ) separating the two Koreas, South Korea, July 19, 2022. REUTERS/Kim Hong-Ji/Pool/File PhotoWASHINGTON, Nov 1 (Reuters) - North Korea on Tuesday again demanded that the United States and South Korea halt joint military exercises, saying such "rashness and provocation can be no longer tolerated," while the White House said concern remains high about the potential for a North Korean nuclear test. In denouncing the drills in a statement carried by North Korea's official news agency, Pak Jong Chon, secretary of the Central Committee of North Korea's ruling Workers' Party, warned the United States and South Korea against any attempt to attack. North Korea's foreign ministry on Monday demanded an end to the drills, saying they could draw "more powerful follow-up measures" from Pyongyang. North Korea and South Korea remain technically at war since an armistice agreement ended fighting in the 1950-1953 Korean War.

CGT trade union flag flutters as tyres set on fire by demonstrators burn in front of the ExxonMobil oil refinery, in Port-Jerome-sur-Seine, France, October 12, 2022. The government said it was requisitioning some staff at the Gravenchon-Port Jerome depot run by Exxon's (XOM.N) Esso France business, where the hardline CGT union remains on strike despite an agreement between management and other unions over pay. Refinery and fuel depot stoppages in France are among the longest since the cost-of-living crisis sparked labour unrest across Europe. "In view of a strike by part of the Port-Jerome staff, in Normandy, the government launches the requisition of staff necessary to operate the depot. The strike at TotalEnergies' French refineries resumed across all sites on Wednesday, the CGT said.

☆ French government ready to intervene to lift refineries blockade - ministers
▼ + stars: | 2022-10-11 | by ( Benoit Van Overstraeten | ) www.reuters.com time to read: +2 min

A flag of French CGT labour union flutters as workers on strike gather in front of the TotalEnergies oil refinery in Gonfreville-l'Orcher, France, October 5, 2022. REUTERS/Benoit TessierPARIS, Oct 11 (Reuters) - The French government stands ready to intervene to break the deadlock in the weeks-long refinery strike that have left a third of the country's fuel stations running short, government ministers said on Tuesday. "We must find an agreement in the coming hours," French Finance Minister Bruno Le Maire told French radio. Both Le Maire and French government spokesman Olivier Veran added the government could intervene to end the blockades. Register now for FREE unlimited access to Reuters.com RegisterReporting by Benoit Van Overstraeten; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.

☆ Group of countries to push EU for gas price cap
▼ + stars: | 2022-09-26 | by ( Kate Abnett | ) www.reuters.com time to read: +3 min

REUTERS/Fabrizio BenschBRUSSELS, Sept 26 (Reuters) - A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a draft letter seen by Reuters. The EU proposed a package of emergency measures to tackle soaring energy prices earlier this month, but has steered clear of a gas price cap, an idea which has split the bloc's 27 member states. Addressed to EU energy commissioner Kadri Simson, the draft letter called for a price cap on all wholesale gas transactions. Other states oppose capping gas prices, raising doubts as to whether any EU proposal would win sufficient support. EU countries are negotiating those proposals and aim to approve them when EU energy ministers meet on Friday.

read moreAbout 10 officials from the China Securities Regulatory Commission (CSRC) and the Ministry of Finance (MOF) have arrived in Hong Kong and joined the audit inspection, which started on Monday, three of the people said. State-owned China Southern Airlines and data centre company GDS Holdings are among the U.S.-listed Chinese companies for audit inspection in the Asian financial hub, two separate sources said. Reuters reported last month that U.S. regulators had picked a number of U.S.-listed Chinese companies including e-commerce majors Alibaba Group Holding Ltd (9988.HK) and JD.com Inc (9618.HK) for audit inspection. It was not clear whether the Chinese officials would be present for every step of the inspection process with PCAOB representatives. The onsite inspections by the PCAOB are being conducted in the Hong Kong offices of the selected Chinese companies' audit firms, said two of the sources.

read moreAbout 10 officials from the China Securities Regulatory Commission (CSRC) and the Ministry of Finance (MOF) have arrived in Hong Kong and joined the audit inspection, which started on Monday, three of the people said. However, in a speech on Thursday, PCAOB chair Erica Williams said agency officials had arrived in Hong Kong to begin the inspections. As with all inspections, they will look at factors, including the audits of the selected companies and the overall quality control systems of the audit companies. State-owned China Southern Airlines and data centre company GDS Holdings are among the U.S.-listed Chinese companies for audit inspection in the Asian financial hub, two separate sources said. The onsite inspections by the PCAOB are being conducted in the Hong Kong offices of the selected Chinese companies' audit firms, said two of the sources.

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