Town Hall News

By Renju Jose SYDNEY (Reuters) -Australian Prime Minister Anthony Albanese fought back tears on Thursday as he revealed the question the government wants to ask in a referendum on whether to recognise Aboriginal and Torres Strait Islanders in the country’s constitution. “If not now, when?,” Albanese asked, choking up during a televised media conference, standing alongside several Indigenous leaders supporting the proposal. “For many … this moment has been a […]

By Ben Blanchard and Gustavo Palencia TAIPEI/TEGUCIGALPA (Reuters) -The Honduran foreign minister is travelling to China to “promote” the establishment of diplomatic ties, an official said, signalling the end is most likely near for the country’s decades-long relations with Taiwan. At stake is China’s growing footprint in Central America, once a steadfast base for Taiwan and where the United States is worried about Beijing’s expanding influence in its backyard. Honduran […]

(Reuters) – Ryanair Holdings Plc is optimistic on striking a major new aircraft order after the Irish airline restarted talks with Boeing Co, its top boss said in an interview with the Financial Times on Thursday. Chief Executive Officer Michael O’Leary said there was a ‘deal to be done’ with negotiations between the Irish airline and Boeing in “the early stages” for a new order of Boeing 737 jets, according […]

By Chen Lin SINGAPORE (Reuters) – Singapore’s key consumer price gauge rose 5.5% in February, unchanged from the previous month and lower than forecast, official data showed on Thursday. The core inflation rate – which excludes private road transport and accommodation costs – compared with a forecast in a Reuters poll of economists for a 5.8% increase in February. Lower prices for services were broadly offset in the core inflation […]

By Lananh Nguyen and Saeed Azhar (Reuters) -Citigroup Inc CEO Jane Fraser on Wednesday expressed confidence in U.S. banks after a series of closures rattled investors and fueled turmoil in global financial markets. “The banking system is pretty sound,” and large and regional banks are well-capitalized, Fraser told the Economic Club of Washington D.C. on Wednesday. “This is not a credit crisis. This is a situation where it’s a few […]

By Lewis Krauskopf NEW YORK (Reuters) – The end of the Federal Reserve’s bruising rate hiking cycle may be in sight, yet investors are finding plenty to worry about when it comes to the U.S. stock market. In its first meeting since the collapse of two U.S. banks this month and the downfall of ailing European lender Credit Suisse, the Fed on Wednesday raised interest rates by a quarter of […]

By Ben Blanchard and Gustavo Palencia TAIPEI/TEGUCIGALPA (Reuters) -The Honduran foreign minister is travelling to China to “promote” the establishment of diplomatic ties, an official said, signalling the end is most likely near for the country’s decades-long relations with Taiwan. At stake is China’s growing footprint in Central America, once a steadfast base for Taiwan and where the United States is worried about Beijing’s expanding influence in its backyard. Honduran […]

A look at the day ahead in European and global markets from Tom Westbrook Markets reckon the Fed is pretty much done now with rate hikes, but see a different story in Europe. The European Central Bank set the tone last week by sticking with a 50 basis point hike. Today, it’s over to Norges Bank, the Bank of England and the Swiss National Bank to see whether the gap […]

By Ben Blanchard and Gustavo Palencia TAIPEI/TEGUCIGALPA (Reuters) -The Honduran foreign minister is travelling to China to “promote” the establishment of diplomatic ties, an official said, signalling the end is most likely near for the country’s decades-long relations with Taiwan. At stake is China’s growing footprint in Central America, once a steadfast base for Taiwan and where the United States is worried about Beijing’s expanding influence in its backyard. Honduran […]