New Zealand's central bank raises key interest rate to 5.5% but signals next move will be a cut
New Zealand’s central bank has raised its benchmark interest rate to 5.5% but signaled its next move would be a cut, sparking a sell-off in the currency
2023-05-24 13:25
Ukrainian refugee brings family coffee firm to Dorset
Amer Al Atti is hoping to start production after importing his firm's roasting equipment from Kyiv.
2023-05-24 13:21
Trump news – live: Trump shows frustration in court as hush money criminal trial set amid 2024 primaries
Donald Trump has appeared in court by video for a second hearing since he became the first US president in American history arrested and charged with a crime. The former president was on screen in the Manhattan Criminal Court so that Judge Juan Merchan can make sure he understands the terms of the protective order in the case. The judge imposed the order after Mr Trump took aim at Manhattan District Attorney Alvin Bragg and Judge Merchan himself on social media as he was charged with 34 felonies for falsifying business records while making hush money payments to cover up alleged affairs with women. A trial date has been set for 25 March 2024 — in the midst of the Republican primaries. Mr Trump’s other legal troubles are also heating up. On Monday, author E Jean Carroll amended her remaining defamation lawsuit against Mr Trump to include the derogatory remark he made about her at a CNN town hall after he was found liable for the sexual abuse and defamation of Ms Carroll by jury trial in New York. The former president responded by defaming her again on Truth Social. Read More Trump's freewheeling, stream-of-consciousness speaking style draws legal attention amid probes Trump lawyers seek meeting with Garland as Mar-a-Lago investigation shows signs of winding down Frustrated Trump waves hands in virtual court appearance as criminal trial set during 2024 elections CNN ratings plummet after much-maligned Trump town hall
2023-05-24 13:15
Analysis-Cross-border incursions from Ukraine may stretch Russian defences
By Tom Balmforth and Anna Dabrowska LONDON/KYIV A two-day incursion from Ukraine into Russia's western borderlands could force
2023-05-24 13:15
Coastal Guam residents evacuate as approaching Typhoon Mawar threatens deadly storm surge and damaging winds
Typhoon Mawar's outer bands were whipping Guam Wednesday ahead of an expected late-afternoon or evening landfall that could devastate the US territory with deadly winds, treacherous storm surge and heavy rainfall.
2023-05-24 13:00
Ecuador election council sets presidential vote for Aug. 20
Ecuador's National Electoral Council announced on Tuesday that early presidential elections would be held on Aug. 20 after President Guillermo Lasso dissolved the National Assembly by decree last week and brought forward the vote scheduled for 2025. Lasso's decision to dissolve the opposition-led legislature came as lawmakers tried to impeach him for not stopping a deal between the state-owned oil transport company and a private tanker company, accusations he denies. In disbanding the assembly, the president made first use of an option available to him under the constitution in conflicts with the legislative branch. Elections had to be called within three months, for both the assembly and presidency, and the winners will serve out what would otherwise have been the remainder of the terms of those elected officials. If there is no outright winner a runoff vote will be held in October. Lasso can choose to run in the presidential election. In the meantime, he can rule by decree for up to six months. Ecuador’s Constitutional Court on Thursday rejected multiple challenges that sought to invalidate Lasso’s decree dissolving the National Assembly. Lasso, a 67-year-old former right-wing banker, took power in May 2021 for a four-year term after winning the general election. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide
2023-05-24 12:54
China App Trains Government Workers on Keeping State Secrets
China is stepping up training at its government agencies, universities and state-owned enterprises on how to safeguard state
2023-05-24 12:26
South Korea asks US to review China rule for chip subsidies
By Soo-hyang Choi SEOUL South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned
2023-05-24 12:23
Chip war: Apple strikes major US-made semiconductor deal
The move comes as a trade row centred on the tech industry intensifies between Washington and Beijing.
2023-05-24 11:59
Here’s How Thailand’s PM Race Could Play Out as Talks Drag On
Talks over forming Thailand’s next government are well into their second week and there’s still no sign that
2023-05-24 11:58
Singapore Orders Review After Outcry Over Ministers’ Rents
Singapore Prime Minister Lee Hsien Loong ordered a review after questions were raised in parliament and on social
2023-05-24 11:52
New Zealand Signals Tightening Cycle Done After Raising Rate
New Zealand’s central bank raised interest rates by a quarter-percentage point and unexpectedly signaled that no further policy
2023-05-24 11:46