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Govt panel members urge BOJ vigilance on weak yen's impact on demand May 10, 2024 05:46AM

By Makiko Yamazaki and Kentaro Sugiyama

TOKYO (Reuters) - Private-sector members of a key government panel on Friday urged the Bank of Japan to be vigilant to the risk of sharp declines in the yen currency triggering "excessive" price rises that hurt private demand.

Despite some positive signs in corporate earnings, stock prices and wages, consumption is lacking strength as the yen's continued declines push up inflation, the... (continue reading...)


Israeli tanks encircle eastern half of Rafah May 10, 2024 05:44AM

By Nidal al-Mughrabi

CAIRO (Reuters) - Israeli tanks captured the main road dividing the eastern and western halves of Rafah on Friday, effectively encircling the entire eastern side of the city in the southern Gaza Strip.

Residents described almost constant explosions and gunfire east and northeast of the city on Friday, with intense fighting between Israeli forces and militants from Hamas and Islamic Jihad.

Hamas said it... (continue reading...)


US auto regulator opens probe into over 200,000 Ford vehicles on fuel leak risks May 10, 2024 05:41AM

(Reuters) -The U.S. auto safety regulator said on Friday it was opening a preliminary evaluation into 210,960 Ford vehicles following complaints alleging diesel fuel leaks that may result in a fire.

The National Highway Traffic Safety Administration said it has received 27 complaints, including 12 reports of fires and a total of four injuries, and that it would investigate Ford F-250, 350, 450, and 550 Super Duty vehicles equipped with 6.7L diesel engines... (continue reading...)


Croatian incumbent PM Plenkovic secures mandate to form government May 10, 2024 05:41AM

SARAJEVO (Reuters) - Croatia's incumbent Prime Minister Andrej Plenkovic submitted to President Zoran Milanovic on Friday a list of lawmakers who will support his centre-right HDZ party´s new coalition, securing a third term in office following an April election.

The HDZ (Croatian Democratic Union) has agreed to form a coalition with the far-right Homeland Movement (DP), which emerged as a kingmaker after the parliamentary vote, and representatives... (continue reading...)


US opens preliminary probe into Fisker's cars over brake system issue May 10, 2024 05:28AM

(Reuters) -The U.S. auto safety regulator on Friday opened a preliminary probe into 6,813 Ocean SUVs made by Fisker in 2023 after complaints that the automatic emergency braking system used in the electric vehicles had activated inadvertently.

The regulator said its Office of Defects Investigation has received 8 complaints alleging the activation of the braking system without an apparent roadway obstruction in the vehicle’s forward path, resulting in... (continue reading...)


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