Reuters

By Rae Wee

SINGAPORE (Reuters) - The dollar was firm on Tuesday while the yen struggled on the weaker side of the 156 level, though trade was mostly rangebound as investors generally stuck to their views of the expected timing and extent of Federal Reserve rate cuts this year.

Cryptocurrencies rallied, led by a surge in ether on growing anticipation of an impending approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities... (continue reading...)

TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Tuesday he was concerned about the negative aspects of the current weakness in the yen and its impact on incentives to increase wages.

"One of our major goals is to achieve wage increases that exceed the rise in prices," Suzuki said. "On the other hand, if prices continue to remain high, it will be difficult to reach this target even if wages rise."

... (continue reading...)

By Kirsty Needham and Lucy Craymer

SYDNEY/WELLINGTON (Reuters) - Australia and New Zealand said they will send government planes to New Caledonia on Tuesday to evacuate nationals from the French territory which has experienced a week of deadly riots, sparked by electoral changes by the French government in Paris.

France's High Commission in New Caledonia said on Tuesday the airport remains closed for commercial flights, and it will deploy... (continue reading...)

By Anant Chandak

BENGALURU (Reuters) - The Bank of Korea will keep its key policy rate unchanged for an 11th straight meeting on Thursday and through next quarter, followed by a half point cut in Q4 after the likely start of policy easing from many global peers, a Reuters poll found.

South Korea's economy grew at the fastest pace in over two years last quarter thanks to strong exports, suggesting the economy may not need an immediate rate... (continue reading...)

SEOUL (Reuters) - Samsung Electronics said on Tuesday it has appointed Young Hyun Jun as the company's new chief for its semiconductor unit.

"This is a preemptive measure to strengthen the future competitiveness," Samsung Electronics said in a statement.

The South Korean technology giant said that Jun, a former chief executive at Samsung's battery arm Samsung SDI and former executive at Samsung Electronics' memory chip business, would... (continue reading...)