HANOI (Reuters) -At least nine people, including children, were killed in central Vietnam when a bus crashed early on Friday, the government said.
The accident, which took place at 1:45 a.m. in the central province of Ha Tinh, left another 16 injured, the government said in a statement.
Traffic accidents are common in Vietnam, with road crashes killing 5,024 people in the first half of this year, down from 5,343 in the same period of 2024,... (continue reading...)
By Pranoy Krishna
BENGALURU (Reuters) -The Reserve Bank of India will hold its key repo rate at 5.50% next month following a surprisingly bigger-than-expected cut in June, but will lower it again by year-end, according to the latest Reuters poll of economists.
Subdued inflation has allowed policymakers room to cut rates but with the economy expanding at a rapid 7.4% rate in the first three months of this year, the central bank can afford to... (continue reading...)
By Kevin Buckland
TOKYO (Reuters) -Asian shares eased from highs on Friday, with Japanese markets retreating from a record peak, as investors locked in profits ahead of a crucial week that includes U.S. President Donald Trump's tariff deadline and a host of central bank meetings.
The dollar gained against the yen after bouncing off a two-week low on Thursday, helped by some firm U.S. economic data, while Japan's currency was weighed down by... (continue reading...)
By Max A. Cherney and Stephen Nellis
SAN FRANCISCO (Reuters) -Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land external customers to make chips in its factories.
New CEO Lip-Bu Tan said on Thursday the company's engineers were busy working with customers to jump-start its next-generation contract manufacturing process, or foundry, as the company announced big layoffs... (continue reading...)
By Jun Yuan Yong
SINGAPORE (Reuters) -Economists are split on whether Singapore's central bank will loosen monetary policy or leave settings unchanged in its scheduled review next week as the economy remains resilient despite weakening global growth.
Of 12 analysts Reuters polled, six expect the Monetary Authority of Singapore to loosen its currency-based monetary policy at the review on July 30 to counter an expected negative output gap in... (continue reading...)
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