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US, S.Korea and Japan agree to hold joint military exercises Jun 2, 2024 08:32AM

SEOUL/TOKYO (Reuters) - The United States, Japan and South Korea agreed to hold new trilateral joint exercises this summer, a joint statement issued by U.S Department of Defense said on Sunday, after a meeting of the three allies' defense ministers.

U.S. Defense Secretary Lloyd Austin, Japan's Defense Minister Minoru Kihara and South Korea's Defense Minister Shin Won-sik met on Sunday in Singapore on the sidelines of the annual Shangri-La Dialogue... (continue reading...)


India to increase road toll charges from Monday Jun 2, 2024 08:23AM

By Manoj Kumar

NEW DELHI (Reuters) - India will hike road toll charges across the country by 3-5% from Monday, officials said, after putting the annual increase on hold in April due to the country's general elections.

Toll charges in India are revised annually in line with inflation and highway operators put notices in local newspapers announcing hikes of 3% to 5% at nearly 1,100 toll plazas from Monday.

"As the election... (continue reading...)


OPEC+ agrees to extend voluntary output cuts into Q3'24, talks continue, sources say Jun 2, 2024 07:58AM

LONDON (Reuters) - OPEC+ has agrees to extend voluntary oil production cuts of 2.2 million barrels per day into the third quarter of 2024, two OPEC+ sources said on Sunday.

Talks about cuts for the fourth quarter and 2025 continue, the sources said.

(Reporting by OPEC Newsroom; Editing by Emelia Sithole-Matarise)


Rescue worker dies in southern Germany floods Jun 2, 2024 07:00AM

FRANKFURT, Germany (Reuters) - A firefighter died while trying to rescue residents trapped by major flooding in southern Germany after heavy rain that was expected to continue throughout Sunday.

The man, 42, was in a rescue boat carrying four firefighters that capsized late on Saturday. His body was recovered early on Sunday, said a spokesperson for the Bavarian town of Pfaffenbach an der Ilm, around 50 km (30 miles) north of Munich.

... (continue reading...)


Investors flock to Aramco share sale that could raise $13 billion Jun 2, 2024 06:50AM

By Yousef Saba, Hadeel Al Sayegh and Maha El Dahan

DUBAI (Reuters) -Saudi Arabia's sale of shares in oil giant Aramco drew more demand than the stock on offer within hours of kicking off on Sunday, a deal that could raise up to $13.1 billion in a major test of international appetite for the kingdom's assets.

The banks on the deal will take institutional orders through Thursday and will price the shares the following day, with trading expected... (continue reading...)


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