Reuters

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...)

By Shariq Khan and Liz Hampton

(Reuters) - Chesapeake Energy, a top U.S. natural gas producer, began laying off employees this week after completing the divestiture of its oil assets last year, the company said on Monday.

This week's layoffs follow its divestment of its Eagle Ford assets, not the company's pending merger with Southwestern Energy, Chesapeake said.

The company did not specify the size or scope of the... (continue reading...)

By Andrea Shalal, Trevor Hunnicutt and Steve Holland

WASHINGTON (Reuters) - U.S. President Joe Biden will play host this week to Kenyan President William Ruto for wide-ranging talks expected to include debt relief for Kenya as well as the way forward for Haiti, Ukraine, Sudan and other areas.

Kenya has been grappling with acute liquidity challenges, and a senior administration official told Reuters on Monday that the United States is... (continue reading...)

By Michelle McLoughlin and Steve Gorman

NEW HAVEN, Connecticut (Reuters) - Scores of graduating students staged a walkout from Yale University's commencement exercises on Monday, protesting the Israeli war in Gaza, Yale's financial ties to weapons makers and its response to pro-Palestinian demonstrations on the Ivy League campus.

The walkout began as Yale President Peter Salovey started to announce the traditional college-by-college... (continue reading...)