By Sarupya Ganguly BENGALURU, Dec 3 (Reuters) – FX strategists largely stuck to forecasts for a weaker U.S. dollar over the coming year on Federal Reserve rate cut bets but a sizeable minority have now broken away from the consensus, predicting it would strengthen instead, a Reuters survey showed. The greenback, down roughly 9% for…
By James Pomfret HONG KONG, Dec 6 (Reuters) – China’s national security office in Hong Kong warned foreign media on Saturday not to spread “false information” or “smear” government efforts to deal with the city’s worst fire in nearly 80 years. Ahead of a legislative council election on Sunday in the global financial hub, the…
By Laura Garcia TEGUCIGALPA, Dec 6 (Reuters) – In Honduras, Nasry Asfura, the conservative presidential candidate backed by U.S. President Donald Trump, maintained a razor-thin lead on Saturday as counting stretched into its seventh day and the race remains too close to call. With 88% of ballots tallied, Asfura of the National Party had 40.19%,…
By Simon Lewis WASHINGTON, Dec 3 (Reuters) – Rwanda’s foreign minister said on Wednesday he hoped an accord set to be signed by U.S. President Donald Trump and the presidents of Rwanda and Democratic Republic of Congo on Thursday would be a step toward peace, even after accusing Congo’s army of violating earlier peace deals…
By Laura Garcia TEGUCIGALPA, Dec 4 (Reuters) – Former Honduran President Juan Orlando Hernandez will not immediately return to the Central American country after leaving this week the U.S. prison where he was serving a sentence for drug trafficking, his wife told Reuters, citing security reasons for the decision. On Monday, Hernandez left Hazelton prison…
Like Buying for 30¢ Today’s Breaking News ⏳ The “Skim Codes” That Helped Make $274 Million [sponsor] US retreat from its allies could hurt dollar’s status, BoE’s Mann says LONDON, Dec 3 (Reuters) – The U.S. dollar’s status as a global reserve currency could be undermined by the country’s reduced support for its friends and military…
By Laurie Chen, Joyce Zhou and Jessie Pang HONG KONG, Dec 5 (Reuters) – Turnout is likely to be low for Hong Kong’s “patriots only” legislative election on Sunday with subdued campaigning as the population reels from the city’s deadliest blaze in decades, which has killed 159 people. Volunteers tentatively handed out flyers and hung…
By Kumar Tanishk and Adwitiya Srivastava Dec 5 (Reuters) – NEXTDC Ltd said on Friday it inked a memorandum of understanding with ChatGPT maker OpenAI to collaborate on the development of a hyperscale AI campus and graphics processing unit supercluster in Sydney, boosting its shares. Shares of the Queensland-headquartered data centre operator rose as much…
By Brendan O’Boyle and Aida Pelaez-Fernandez MEXICO CITY, Dec 3 (Reuters) – Mexico on Wednesday announced it would boost the minimum wage next year and push to trim the country’s long work week, the latest moves by the country’s leftist administration aimed at helping workers in Latin America’s second-largest economy. Starting in January, the minimum…
By David Milliken LONDON, Dec 3 (Reuters) – The U.S. dollar’s status as a global reserve currency could be undermined by the country’s reduced support for its friends and military allies, Bank of England policymaker Catherine Mann said on Wednesday. “If you can’t depend on a certain country to be your ally, then why are…
