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Russian President Putin arrives in Uzbekistan, third foreign trip since re-election May 26, 2024 06:19PM

(Reuters) - Russian President Vladimir Putin, making his third foreign trip since his re-election in March, arrived in ex-Soviet Uzbekistan on Sunday and met with his counterpart Shavkat Mirziyoyev ahead of the start of formal talks.

Russian news agencies said Mirziyoyev met Putin on arrival in Tashkent in the evening and the two leaders travelled together in a single car.

Photos and video footage posted on the Kremlin website and by... (continue reading...)


Japan, at G7 meet, renews push to keep yen bears in check May 26, 2024 06:02PM

By Leika Kihara

STRESA, Italy (Reuters) - Japan renewed its push to counter excessive yen falls during a weekend gathering of Group of Seven (G7) finance leaders, after a recent rise in bond yields to a 12-year high failed to slow the currency's stubborn decline.

The effort by the government and central bank underscores the dilemma policymakers face as they seek to balance the need to arrest sharp yen drops that hurt consumption, while... (continue reading...)


Morning Bid: Checking pulse of China profits, eyeing yen action May 26, 2024 05:49PM

By Jamie McGeever

(Reuters) - A look at the day ahead in Asian markets.

Trading volume and activity across Asia on Monday will be among the lightest this year owing to the U.S. and UK public holidays, but markets are open and there is no shortage of issues for investors to chew on.

The economic calendar sees the release of Chinese industrial profits figures for April and trade data from Hong Kong, while South Korea hosts a... (continue reading...)


Bill Gross says Trump is 'bearish' choice for bond markets May 26, 2024 05:41PM

(Reuters) - Returning Donald Trump to the presidency would be the more "bearish" choice for bond markets, famed bond investor Bill Gross said in an interview with The Financial Times.

Gross, once the most influential voice in the market, predicted to the paper that a second Trump presidency would push deficits higher than re-electing President Joe Biden.

"Trump is the more bearish of the candidates simply because his programs advocate... (continue reading...)


Experts warn of hail, whirlwinds in Mexico after new heat record in the capital May 26, 2024 04:29PM

MEXICO CITY (Reuters) - The third heat wave suffocating dozens of states in Mexico could give way on Sunday to torrential rains, hail and even whirlwinds during the afternoon in the center of the country, meteorologists said.

The warning came after the capital registered another record-breaking maximum of 34.7 Celsius (94.5 Fahrenheit) the day before.

The state National Water Commission (Conagua) reported that eight Mexican states will... (continue reading...)


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