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Singapore March core inflation rises 5%, slightly less than forecast

By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5% in March, slightly lower than forecast, official data showed on Monday. The core inflation rate – which excludes private road transport and accommodation costs – rose 5% year-on-year in March, lower than the 5.5% rise seen in February. A Reuters poll of …

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Analysis-China rebound buoys hopes for stronger-than-expected US, Europe earnings

By Joice Alves LONDON (Reuters) – A big splurge in spending in China after Beijing lifted COVID-19 lockdowns will help cushion quarterly results of the world’s biggest companies, investors say, even as forecasts suggest the United States and Europe are heading into a corporate recession.     Concerns are growing that tightening credit will dent the …

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Tensions over Karabakh rise after Azerbaijan blocks land route from Armenia

MOSCOW (Reuters) -Azerbaijan said on Sunday it had established a checkpoint on the only land route to the contested region of Nagorno-Karabakh, a step that was followed by claims of border shootings by both Azeri and Armenian forces. Nagorno-Karabakh is internationally recognised as part of Azerbaijan, but its 120,000 inhabitants are predominantly ethnic Armenians and …

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US ‘deeply concerned’ by Azerbaijan’s checkpoint on Lachin corridor bridge

By Kanishka Singh WASHINGTON (Reuters) – The U.S. government said it is “deeply concerned” by Azerbaijan establishing a checkpoint on the only land route to the contested region of Nagorno-Karabakh, saying it undermines efforts toward peace in the region. “The United States is deeply concerned that Azerbaijan’s establishment of a checkpoint on the Lachin corridor …

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Japan ruling party candidates to win four of five by-elections – NHK

TOKYO (Reuters) -Candidates of Japanese Prime Minister Fumio Kishida’s ruling party were projected to win four of five parliamentary seats up for grabs on Sunday, domestic media said, in what is likely to be seen as a sign of growing support for the premier. The closely watched contests came eight days after Kishida escaped an …

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Indian climber rescued from depths of Annapurna crevasse in Nepal

By Gopal Sharma KATHMANDU (Reuters) – Rescuers hauled an Indian mountaineer up 200 metres (656 feet) from the depths of a crevasse three days after he plunged into it on Mount Annapurna in west Nepal, hiking officials said on Thursday, in a rare example of a successful high-altitude rescue operation. The climber, 34-year-old Anurag Maloo, …

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Paris, Kyiv, Baltic states dismayed after China envoy questions Ukraine sovereignty

PARIS (Reuters) -France, Ukraine and the Baltic states of Estonia, Latvia and Lithuania expressed dismay after China’s ambassador in Paris questioned the sovereignty of former Soviet countries like Ukraine. Asked about his position on whether Crimea is part of Ukraine or not, Chinese ambassador Lu Shaye said in an interview aired on French television on …

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China lodges complaint over South Korean president’s ‘erroneous’ Taiwan remarks

BEIJING (Reuters) – China’s Vice Foreign Minister Sun Weidong has lodged solemn representations with the South Korean ambassador over “erroneous” remarks by the South Korean president about Taiwan, China’s foreign ministry said on Sunday. In an exclusive interview with Reuters, South Korean President Yoon Suk Yeol said increased tensions around Taiwan were due to attempts …

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Philippines, China to set up more lines of communication to resolve maritime issues

By Neil Jerome Morales MANILA (Reuters) -Philippines President Ferdinand Marcos Jr and his foreign secretary met Chinese Foreign Minister Qin Gang on Saturday with Manila and Beijing pledging to work together to resolve their maritime differences in the South China Sea. Talks between the countries’ key officials in Manila mark the latest in a series …

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Two earthquakes strike Kepulauan Batu, Indonesia -EMSC

(Reuters) -Two earthquakes measuring nearly magnitude 6 struck Kepulauan Batu, Indonesia, in the morning hours on Sunday, according to the European Mediterranean Seismological Centre (EMSC). The first earthquake, pegged by the EMSC at a magnitude 6.1 struck Kepulauan Batu early Sunday, followed by another 5.8 magnitude quake just hours later. The first earthquake was at …

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