Town Hall News

TORONTO (AP) — Two top Canadian Cabinet ministers are visiting Palm Beach to talk border security and trade with the incoming Donald Trump administration as Trump threatens tariffs on all Canadian products. New Finance Minister Dominic LeBlanc and Foreign Minister Mélanie Joly will be in Palm Beach, Florida on Thursday for the talks this week, said Jean-Sébastien Comeau, a spokesman for LeBlanc. LeBlanc said last week he would meet with […]

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month lows in thin year-end trading as investors looked ahead to 2025, when the Federal Reserve is expected to be measured in its interest rate cuts. The Bank of Japan on the other hand could raise rates in the near-term, with the summary of opinions at the bank’s December […]

BEIJING (Reuters) – China’s industrial profits fell at a slower clip in November, official data showed on Friday, as policymakers pledged stronger support to prop up a faltering economic recovery. The world’s second-largest economy has been struggling to mount a strong post-pandemic revival, as business and household appetites for spending and investment remain subdued amid a prolonged housing downturn and fresh trade risks from the incoming U.S. administration of President-elect […]

SEOUL (Reuters) – South Korea’s spy agency said it has confirmed that an injured North Korean soldier was captured alive, the Yonhap news agency reported on Friday. The confirmation followed reports that a North Korean soldier dispatched to fight for Russia was possibly captured by Ukrainian forces. (Reporting by Hyunsu Yim; Editing by Jamie Freed) Brought to you by www.srnnews.com

By Kevin Buckland TOKYO (Reuters) – The yen hovered near a five-month low to the dollar on Friday as the U.S. Federal Reserve’s hawkish messaging contrasted with the Bank of Japan’s cautious approach to further policy tightening. The yen traded at 157.725 per dollar as of 0030 GMT, edging up 0.1% from Thursday, but still close to the low of that session at 158.09 per dollar, the yen’s weakest level […]

GUAYAQUIL, Ecuador (AP) — A probe into the military’s role in the disappearance of four children in Ecuador this month was delayed for almost two weeks, even though police had access to surveillance videos showing soldiers taking two of the children, The Associated Press has learned. The case of the children, aged 11 to 15, who went missing on Dec. 8 in the coastal city of Guayaquil after playing a […]

By Ron Bousso LONDON (Reuters) – Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down – and at times reversing – climate commitments in a shift that they are likely to stick with in 2025. The retrenchment by oil majors comes after governments around the world slowed the rollout of clean energy policies and delayed targets as energy costs soared […]

SAO PAULO/BRASILIA (Reuters) – A justice on Brazil’s top court on Thursday suspended a law from the country’s top soy-producing state that would end tax breaks for firms following an agreement to not purchase soy from deforested areas of the Amazon rainforest. Justice Flavio Dino suspended the law from the western state of Mato Grosso from going into effect on Jan. 1 until a final decision is made by the […]

By Kantaro Komiya and Rocky Swift TOKYO (Reuters) -Japanese manufacturing giant Nidec said on Friday it planned to launch a tender offer for Makino Milling Machine at a 42% premium to Thursday’s closing share price, with or without the target company’s approval. Nidec said it would spend about 257 billion yen ($1.6 billion) on the bid to take Makino private, but the target’s board had not agreed to the offer […]