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Trump blames Ukraine’s Zelenskiy for starting war with Russia

(This Oct. 17 story has been corrected to say Russia instead of Ukraine in paragraph 1) By Gram Slattery WASHINGTON (Reuters) – Donald Trump on Thursday blamed Ukrainian President Volodymyr Zelenskiy for helping start that nation’s war with Russia, a comment that further suggests Trump is likely to radically shift U.S. policy toward Russia if …

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Indonesia ramps up security ahead of Prabowo’s inauguration

JAKARTA (Reuters) – Indonesian police and military started deploying at least 100,000 personnel across the capital Jakarta on Friday, officials said, as the country prepares for the inauguration of President-elect Prabowo Subianto this weekend. Former General Prabowo will be sworn in as Indonesia’s president on Sunday with Vice President-elect, Gibran Rakabuming Raka, the son of …

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China’s Q3 GDP hits weakest pace since early 2023, backs calls for more stimulus

By Kevin Yao BEIJING (Reuters) – China’s economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise growth. Authorities have sharply ramped up policy stimulus since …

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For markets, AI efficiency may bring volatility: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) -Technology has been the main driving force behind the evolution of financial markets in recent decades, with the explosion of automated and algorithmic trading fostering the eye-popping speed, efficiency, and liquidity that traders and investors enjoy today. Artificial intelligence is likely to accelerate these positive changes and revolutionize financial …

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North Korea’s Kim Jong Un calls South Korea a foreign, hostile country

By Joyce Lee and Jack Kim SEOUL (Reuters) -North Korean leader Kim Jong Un said South Korea is a foreign and hostile nation, state media KCNA reported on Friday, with photos showing Kim conferring with high-ranking soldiers and poring over a map labelled “Seoul” at a command post. Kim discussed the use of “offensive forces” …

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The UK’s budget – it’s all about the ‘working people’

By William Schomberg LONDON (Reuters) – Speculation is swirling about what new British finance minister Rachel Reeves might announce in her first tax and spending plan this month, but one thing she seems certain to say is that she is doing it for the “working people.” The term “working people” has been used repeatedly by …

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Indian shares caught between Infosys-led IT slide and Axis Bank’s boost

By Hritam Mukherjee (Reuters) -Indian shares inched lower on Friday as a drop in IT stocks after bellwether Infosys’s disappointing forecast was nearly offset by an Axis Bank-led rise in financials following the lender’s strong results. The Nifty 50 index dipped 0.2% to 24,702 points as of 11:23 a.m. IST, while the S&P BSE Sensex …

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Netflix tops subscriber targets as ad-tier signups grow

By Lisa Richwine, Dawn Chmielewski, Harshita Mary Varghese LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million, and said it expected higher customer growth around the holidays when Korean drama “Squid Game” returns.  Shares of Netflix rose 4.8% in after-hours trading …

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Japan’s core inflation slows on fuel subsidies, demand-driven pressure intact

By Leika Kihara TOKYO (Reuters) -Japan’s core inflation slowed in September due to the rollout of energy subsidies but an index excluding the effect of fuel held steady, a sign that broadening price pressure will keep the central bank on track to raise interest rates further. A Reuters poll, however, showed inflation in Tokyo – …

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