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New Zealand Foreign Minister delays visit to Noumea as violence breaks out May 13, 2024 08:29PM

By Lucy Craymer

WELLINGTON (Reuters) - New Zealand's Foreign Minister Winston Peters on Tuesday postponed his visit to New Caledonia that had been scheduled for later in the week, as violence broke out in the French Pacific territory.

A spokesperson for Peters said the decision had been made to postpone travel to Noumea, the capital, to allow authorities to fully focus on the current situation.

“We are aware of events in... (continue reading...)


IMF endorses Japan's commitment to flexible yen May 13, 2024 08:21PM

By Leika Kihara

TOKYO (Reuters) - The International Monetary Fund (IMF) said Japan's commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability, warning against growing calls by some analysts to use monetary policy to slow the currency's decline.

The IMF's executive board also said further hikes in the Bank of Japan's (BOJ) short-term policy rate should "proceed at a gradual pace and be... (continue reading...)


Biden signs ban on imports of Russian nuclear reactor fuel into law May 13, 2024 08:20PM

By Timothy Gardner

WASHINGTON (Reuters) - President Joe Biden signed a ban on Russian enriched uranium into law on Monday, the White House said, in the latest effort by Washington to disrupt President Vladimir Putin's invasion of Ukraine.

The ban on imports of the fuel for nuclear power plants begins in about 90 days, although it allows the Department of Energy to issue waivers in case of supply concerns.

Russia is the... (continue reading...)


Japan April wholesale inflation steady as weak yen boosts import costs May 13, 2024 08:14PM

TOKYO (Reuters) - Japan's wholesale prices rose 0.9% in April from a year earlier, steady from the previous month as the yen's decline pushed up import costs, central bank data showed on Tuesday.

The rise in the corporate goods price index (CGPI), which measures the price companies charge each other for their goods and services, compared with the median market forecast for a 0.8% gain and followed a 0.9% increase in March.

The yen-based... (continue reading...)


Missouri man pleads guilty to crashing truck into White House security barriers May 13, 2024 08:09PM

(Reuters) - A Missouri man pleaded guilty on Monday to crashing a rented truck into metal barriers surrounding the White House in May 2023, admitting that he had been "fueled by the ideology of Nazi Germany" and hoped to overthrow the U.S. government.

Sai Varshith Kandula, 20, and a citizen of India, pleaded guilty to a single count of damaging federal property. He faces up to 10 years in prison when he is sentenced in August.

As part of... (continue reading...)


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