NEW DELHI (Reuters) - A blast was heard in Pakistan's eastern city of Lahore on Thursday morning, according to broadcaster Geo TV and a Reuters witness, a day after Indian strikes at multiple locations in the country strengthened fears about an escalation of military conflict between the nuclear-armed neighbours.
(Reporting by Sakshi Dayal; Editing by Christian Schmollinger)
By Stella Qiu
SYDNEY(Reuters) - Shares in Asia firmed on Thursday after U.S. President Donald Trump flagged a first trade deal in his global tariff war, while the dollar tried to hold overnight gains as markets pushed out the chance of near-term rate cuts.
S&P 500 futures erased earlier losses to be up 0.5% while Nasdaq futures rose 0.7%. The pan-European STOXX 600 index climbed 0.7% and FTSE futures gained 0.5%.
Trump said... (continue reading...)
By Ju-min Park
SEOUL (Reuters) - South Korea's right-wing presidential candidate Kim Moon-soo accused his party on Thursday of trying to force him out and threatened to take legal action just weeks ahead of a snap election slated for June 3.
Kim told a press conference he believed the party leadership was trying to "bring him down" in favour of another candidate, former Prime Minister Han Duck-soo, even though Kim had been chosen as the... (continue reading...)
By Himanshi Akhand
(Reuters) -Australia's ANZ Group reported largely flat first-half cash earnings on Thursday as competition pressured margins and a rise in impairments offset lending growth, while flagging that market activity is likely to realign due to global trade risks.
"Trade flows are interrupted, customers are forced to adjust strategies, and capital is more cautious," ANZ's outgoing CEO Shayne Elliott said on a conference call.
... (continue reading...)BUENOS AIRES (Reuters) - Argentina's Senate voted down a bill on Wednesday that would have barred individuals convicted of corruption from holding public office.
The legislation, which opposition figures had said was aimed at sidelining former President Cristina Fernandez de Kirchner from future national races, was backed by 36 senators, while 35 voted against.
It fell short of the 37 votes required to become law.
... (continue reading...)More Reuters
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