Britain’s tax backdown bounces stocks and sterling

Britain's tax backdown bounces stocks and sterling

Britain scraps small part of tax plan; markets relieved Reserve Bank of Australia surprises with a small hike HighVIX; Credit Suisse stock slide point to nerves beneath SYDNEY, Oct 4 (Reuters) – Asian stocks bounced on Tuesday after Britain scrapped bits of a controversial tax cut plan, attemptedly improving global market sentiment and rallying bonds … Read more

N. Korea fires missile over Japan, some residents warned to take cover

N. Korea fires missile over Japan, some residents warned to take cover

SEOUL/TOKYO, Oct 4 (Reuters) – Nuclear-armed North Korea fired a ballistic missile over Japan for the first time in five years on Tuesday, prompting a warning for residents to take cover and a temporary suspension of train operations in northern Japan. The Japanese government warned citizens to take cover as the missile appeared to have … Read more

Indonesia presses for answers after deadly soccer stampede

Indonesia presses for answers after deadly soccer stampede

“Culprits” to be revealed in coming days – minister Ten police removed from their posts, 28 under investigation 32 minors among dead Rights body says tear gas caused chaos MALANG, Indonesia, Oct 3 (Reuters) – Dozens of Indonesian police were placed under investigation on Monday over a stampede at a soccer match that killed 125 … Read more

Swedish geneticist wins Nobel medicine prize for decoding ancient DNA

Swedish geneticist wins Nobel medicine prize for decoding ancient DNA

Paabo ‘very happy’ when told of prize His findings crucial to understanding human evolution Sequenced Neaderthal genome to show modern human link Discoveries relevant today, for example for immune system Medicine is first of this year’s prizes to be awarded STOCKHOLM/LONDON, Oct 3 (Reuters) – Swedish geneticist Svante Paabo won the 2022 Nobel Prize in … Read more

Iran’s Khamenei backs police over Mahsa Amini protests, may signal tougher crackdown

Iran's Khamenei backs police over Mahsa Amini protests, may signal tougher crackdown

Growing public fury over woman’s death in police custody Khamenei says Amini’s death ‘deeply broke my heart’ Supreme leader blames foreign foes for ‘riots’ Anti-government protests spread to universities DUBAI, Oct 3 (Reuters) – Iran’s supreme leader on Monday gave his full backing to security forces confronting protests ignited by the death of Mahsa Amini … Read more

Pakistani hospital overwhelmed as water-borne illnesses spread

Pakistani hospital overwhelmed as water-borne illnesses spread

Hospital in Sehwan, southern Pakistan, is overwhelmed Patients for in from flood-affected areas Thousands are suffering from water-borne illnesses WHO warns of ‘second disaster’ after catastrophic floods SEHWAN, Pakistan, Oct 3 (Reuters) – The emergency ward at the main government hospital in Sehwan, a small town in southern Pakistan, is overwhelmed. On a recent visit, … Read more

UK’s Truss forced into humiliating tax U-turn

UK's Truss forced into humiliating tax U-turn

Truss had defended the policy on Sunday Kwarteng now says it was a distraction Cut in highest tax rate was small part of overall plan Markets concerned about how plan was to be financed BIRMINGHAM, England, Oct 3 (Reuters) – British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn, reversing plans … Read more

Brazil election enters runoff as Bolsonaro dashes Lula’s hope of quick win

Brazil election enters runoff as Bolsonaro dashes Lula's hope of quick win

SAO PAULO/BRASILIA, Oct 3 (Reuters) – The second round of Brazil’s presidential campaign kicked off Monday after right-wing President Jair Bolsonaro outperformed polling and robbed leftist former President Luiz Inacio Lula da Silva of an outright victory in the first round of voting . The unexpectedly strong showing by Bolsonaro on Sunday dashed hopes for … Read more

UK’s Truss tries to reassure on economic plan

UK's Truss tries to reassure on economic plan

Defends economic plan, saying it is right Also tries to reassure Says Kwarteng made decision on high tax rate BIRMINGHAM, England, Oct 2 (Reuters) – British Prime Minister Liz Truss tried to reassure her party and the public on Sunday by saying she should have done more to “lay the ground” for an economic plan … Read more

Lula may clinch Brazil election on Sunday, final polls show

Lula may clinch Brazil election on Sunday, final polls show

BRASILIA, Oct 1 (Reuters) – Former Brazilian President Luiz Inacio Lula da Silva holds a solid polling lead going into Sunday’s election against incumbent Jair Bolsonaro, with a chance of clinching the race in the first round, fresh surveys showed on Saturday. Brazil’s most polarized election in decades will decide whether to return to power … Read more