BEIJING (Reuters) -Storms drenched southern parts of the Chinese mainland on Monday, triggering warnings of flash floods and landslides, a day after Typhoon Wipha pounded Hong Kong.
Heavy rain lashed the cities of Yangjiang, Zhanjiang and Maoming in China's southern province Guangdong after the storm system made landfall on Sunday evening.
On Sunday it brushed past Hong Kong where it felled trees and scaffolding, grounded flights and sent... (continue reading...)
By Humeyra Pamuk
WASHINGTON (Reuters) -Days before President Donald Trump said he would help Afghan evacuees who fled their country and were stuck in the United Arab Emirates, the Emirati government had already begun returning them to Afghanistan and informed Washington that it was doing so, according to an internal State Department cable seen by Reuters on Sunday.
The UAE, a close security partner of the United States, agreed in 2021 to... (continue reading...)
SEOUL (Reuters) -South Korea's government is looking into various plans to improve relations with North Korea, a spokesperson for South Korea's Unification Ministry said on Monday.
The comment was in response to a media report that South Korea is considering allowing individual tours to North Korea.
Koo Byung-sam, a spokesperson for the ministry that handles inter-Korea affairs, refused to comment on a "particular issue".
... (continue reading...)By Dharamraj Dhutia and Jaspreet Kalra
MUMBAI (Reuters) -The Indian rupee will likely take cues from how far the dollar's nascent recovery extends this week, while bonds will move based on expectations of interest rate cuts by the local central bank.
The rupee closed at 86.1475 on Friday, down 0.4% on the week. It is expected to hover between 85.80 and 86.70 in the near-term with a slight weakening bias, according to traders.
... (continue reading...)SHANGHAI (Reuters) -China kept benchmark lending rates unchanged on Monday, as forecast, after it reported slightly better-than-expected second-quarter economic data.
WHY IT'S IMPORTANT
Signs of economic resilience effectively reduced any urgency for further stimulus, while analysts widely expect persistent weak domestic demand warrants some monetary easing later this year.
BY THE NUMBERS
The one-year loan prime... (continue reading...)
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