By Kyu-seok Shim
SEOUL, Feb 9 (Reuters) - South Korea's parliament voted on Monday to form a special committee to accelerate legislation tied to Seoul's $350 billion investment commitments in the United States under a trade agreement between the countries.
The committee's launch follows U.S. President Donald Trump's abrupt announcement in late January that tariffs on South Korean autos, pharmaceuticals, lumber and other goods would be... (continue reading...)
DUBAI, Feb 9 (Reuters) - The Islamic Iran Nation's Union Party sought the release of secretary-general Azar Mansouri, the Shargh newspaper said on Monday, after her arrest along with other members of the Reform Front, an umbrella body of Iranian reformists and moderates.
A campaign of mass arrests and intimidation has led to the arrests of thousands as authorities seek to deter further protests after last month's crackdown on the bloodiest unrest... (continue reading...)
By Valentina Za
MILAN, Feb 9 (Reuters) - Italy's second-largest bank UniCredit said it aimed to lift its profit to 11 billion euros ($13 billion) this year, after topping analysts' forecasts for 2025 with earnings boosted by stakes in rivals bought under CEO Andrea Orcel's expansion strategy.
UniCredit, which had previously guided for a net profit of 10 billion euros in 2027, said on Monday it had an ambition to get to 13 billion euros... (continue reading...)
BEIJING, Feb 8 (Reuters) - In China, humanoid robots are serving as Lunar New Year entertainment, with their manufacturers pitching their song-and-dance skills to the general public as well as potential customers, investors and government officials.
On Sunday, Shanghai-based robotics start-up Agibot live-streamed an almost hour-long variety show featuring its robots dancing, performing acrobatics and magic, lip-syncing ballads and performing in comedy... (continue reading...)
TOKYO, Feb 9 (Reuters) - Japan's massive foreign currency reserves, a priority war-chest for future yen interventions, have come under renewed scrutiny as Prime Minister Sanae Takaichi scours for funding to bankroll a controversial plan to suspend a consumption tax after her landslide election win.
The focus on the $1.4 trillion stockpile, far larger than the annual state budget, underscores intense pressure on Tokyo to identify alternative funding... (continue reading...)
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Japan's $1.4 trillion FX reserves under scrutiny as Takaichi hunts for revenue sources
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Japan's $1.4 trillion FX reserves under scrutiny as Takaichi hunts for revenue sources
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Japan's $1.4 trillion FX reserves under scrutiny as Takaichi hunts for revenue sources
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Japan's $1.4 trillion FX reserves under scrutiny as Takaichi hunts for revenue sources
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Japan's $1.4 trillion FX reserves under scrutiny as Takaichi hunts for revenue sources
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