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Euro slips to one-month low as Macron calls French election Jun 9, 2024 09:19PM

By Ankur Banerjee

SINGAPORE (Reuters) - The euro fell on Monday as the French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right, while the dollar was steady ahead of the Federal Reserve meeting later in the week.

The euro fell to $1.0764, its lowest since May 9, in early trading in Asia. It was last down 0.24% at $1.0776 as investors weighed the implications of renewed... (continue reading...)


North Korea leader's sister warns of new response against S.Korean loudspeakers, leaflets Jun 9, 2024 05:42PM

SEOUL (Reuters) - The influential sister of North Korean leader Kim Jong Un warned of a new response against South Korea if the South kept on loudspeaker broadcasts and scattering leaflets amid simmering tensions.

"If the ROK simultaneously carries out the leaflet scattering and loudspeaker broadcasting provocation over the border, it will undoubtedly witness the new counteraction of the DPRK," Kim Yo Jong said in a statement late on Sunday carried by... (continue reading...)


Japan govt to call for flexible policy amid price uncertainty, draft blueprint shows Jun 9, 2024 09:03PM

By Takaya Yamaguchi

TOKYO (Reuters) - Japan's government will highlight the need to work closely with the central bank and guide policy "flexibly" in the wake of soft consumption and uncertainty over the inflation outlook, a draft of its annual economic blueprint seen by Reuters showed.

"Monetary policy has entered a new stage," which required the government and the Bank of Japan to "continue working closely and guide policy flexibly in... (continue reading...)


Oil slips on dollar's strength from US jobs data Jun 9, 2024 08:53PM

By Florence Tan

SINGAPORE (Reuters) - Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday.

Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT.

On Friday, data showed the U.S. added more jobs... (continue reading...)


Portugal's govt to back Costa if he runs for EU Council top job Jun 9, 2024 08:17PM

LISBON (Reuters) - Portugal's prime minister, whose rightist coalition won a general election in March, said on Sunday he would back former centre-left Socialist premier Antonio Costa if he decides to run for the European Council top job.

The Council, which represents national governments of the 27 member states, is one of the European Union's three main political institutions, along with the European Commission and the European Parliament.

... (continue reading...)

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