Exclusive: India’s push for home-grown navigation system jolts smartphone giants

Exclusive: India’s push for home-grown navigation system jolts smartphone giants

India wants local GPS rival in smartphones; industry fears costs Smartphone players want delay to New Delhi’s Jan. 2023 deadline Samsung, others say Indian system needs hardware changes-sources Boosting native system part of Modi’s self-reliance campaign NEW DELHI, Sept 26 (Reuters) – India is pushing tech giants to make smartphones compatible with its home-grown navigation … Read more

Sterling collapses as investors fly into dollars

Sterling collapses as investors fly into dollars

Register now for FREE unlimited access to Reuters.com Register Sterling hits record low; risk of BOE response Euro down 1%; Aussie, kiwi, yuan hit multi year lows S&P 500 futures drop 0.6% SYDNEY, Sept 26 (Reuters) – Sterling slumped to a record low on Monday, prompting speculation of an emergency response from the Bank of … Read more

Russia’s Lavrov accuses Washington of ‘playing with fire’ around Taiwan

Russia’s Lavrov accuses Washington of ‘playing with fire’ around Taiwan

Register now for FREE unlimited access to Reuters.com Register UNITED NATIONS, Sept 24 (Reuters) – Russia accused the United States on Saturday of “playing with fire” around Taiwan while China said it will press on working for “peaceful reunification” with the democratically-governed island and pledged to take forceful steps to oppose any external interference, a … Read more

Blinken tells China’s Wang peace in Taiwan Strait is vital

Blinken tells China’s Wang peace in Taiwan Strait is vital

NEW YORK, Sept 23 (Reuters) – U.S. Secretary of State Antony Blinken told his Chinese counterpart on Friday that the maintenance of peace and stability over Taiwan was vitally important, as the two met with tensions high over the Chinese-claimed island. Taiwan was the focus of the 90-minute, “direct and honest” talks between Blinken and … Read more

Fed feeds recession fears, Japan steps in to support yen

Fed feeds recession fears, Japan steps in to support yen

Fed surprises with aggressive hike projections Japan intervenes in FX as dollar/yen breaks 145 Central bank bonanza as UK, Switzerland and Norway hike LONDON, Sept 22 (Reuters) – World stocks were close to a two-year low and Japan was forced to intervene to prop up the yen for the first time since 1998 on Thursday … Read more

Stocks fall, bonds and gold gain as Russia threats add to Fed jitters

Stocks fall, bonds and gold gain as Russia threats add to Fed jitters

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Stocks fell, while safe havens such as government bonds and the dollar rose, as anxious investors fled risk assets after Russian President Vladimir Putin on Wednesday ordered a mobilisation over Ukraine and accused the West of “nuclear blackmail”. European currencies came … Read more

U.S., Canadian warships sail through Taiwan Strait for 2nd time in a year

U.S., Canadian warships sail through Taiwan Strait for 2nd time in a year

The USS Higgins is docked in the northern Israeli city of Haifa September 6, 2009. The destroyer is one of 18 American ships deployed globally with Aegis interceptor systems capable of blowing up ballistic missiles above the atmosphere. REUTERS/Baz Ratner/File Photo Register now for FREE unlimited access to Reuters.com Register Second joint transit by the … Read more

China lodges complaint after Biden says U.S. would defend Taiwan in a Chinese invasion

China lodges complaint after Biden says U.S. would defend Taiwan in a Chinese invasion

Register now for FREE unlimited access to Reuters.com Register BEIJING, Sept 19 (Reuters) – The Chinese foreign ministry said on Monday that China has lodged “stern representations” with the United States, after U.S. President Joe Biden said U.S. forces would defend Taiwan in the event of a Chinese invasion. China reserves the right to take … Read more

Stocks tense, dollar bullish for central bank binge

Stocks tense, dollar bullish for central bank binge

Passersby wearing protective face masks walk past a stock quotation board in Tokyo, Japan February 24, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 S&P 500 futures slip, Nikkei futures down Fed leads pack of central bank meetings Market leaning toward 75 bp from Fed, PBOC eases Dollar firm near … Read more

Strong earthquake hits southeastern Taiwan, building collapses

Strong earthquake hits southeastern Taiwan, building collapses

Register now for FREE unlimited access to Reuters.com Register Train carriages derailed, four rescued from collapsed building Tsunami warnings cancelled, chip foundries unaffected More than 600 trapped by blocked mountain roads Quake follows 6.4 magnitude tremor on Saturday TAIPEI, Sept 18 (Reuters) – A 6.8 magnitude earthquake hit the sparsely populated southeastern part of Taiwan … Read more