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South Korea on alert for balloons dropping trash from North May 28, 2024 10:21PM

SEOUL (Reuters) - South Korea has warned residents living near the border with North Korea to be on alert after media reports said more than 90 balloons carrying various objects including what appeared to be trash and excrement had been detected.

South Korea's military said unidentified objects believed to be from North Korea were seen near the heavily fortified border and urged people to keep away and report them to the military or police.

... (continue reading...)
Musk's Starlink down for thousands of users, Downdetector says May 28, 2024 10:13PM

(Reuters) - Elon Musk's Starlink services are down for 41,393 users, according to outage tracking website Downdetector.com on Tuesday.

"We are currently in a network outage and are actively implementing a solution," Starlink said.

SpaceX's Starlink, which owns around 60% of the roughly 7,500 satellites orbiting earth, is dominant in the satellite internet sphere.

(Reporting by Gnaneshwar Rajan in Bengaluru;... (continue reading...)


South Korea, UAE summit to focus on defence, energy and investment May 28, 2024 10:12PM

SEOUL (Reuters) - South Korean President Yoon Suk Yeol will host United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan at a summit on Wednesday, with talks expected to focus on business and investment, energy and cooperation in the defence sector.

At a ceremony ahead of the summit, the UAE president is due to be welcomed by a flypast of Air Force jets, as South Korea seeks to tap the energy-rich Gulf state's investment potential.

... (continue reading...)
Taiwan says China drills more about intimidation, propaganda than starting war May 28, 2024 10:11PM

TAIPEI (Reuters) - China's military drills last week were more about propaganda and intimidation than starting a war, but Chinese forces did show how they could react extremely quickly, the island's top security official said on Wednesday.

China said it carried out the two days of war games starting Thursday as "punishment" for new President Lai Ching-te's inauguration speech last week, in which he said the two sides of the Taiwan Strait were "not... (continue reading...)


Dollar steady ahead of inflation data, yen wobbles May 28, 2024 10:10PM

By Ankur Banerjee

SINGAPORE (Reuters) - The dollar was stable on Wednesday on wagers the Federal Reserve is unlikely to cut rates until later this year ahead of crucial inflation readings this week, while the yen drifted to its weakest in four weeks.

The dollar was also lifted by rising Treasury yields after a lacklustre debt auction for sales of two-year and five-year notes that raised doubts about demand for U.S. government debt.

... (continue reading...)

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