Hyundai Motor Group to invest more than $10 billion in U.S. up to 2025

SEOUL, May 22 (Reuters) – Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with US firms in advanced technology. The investments, announced during a visit to Seoul by President Joe Biden, are for robotics, urban air mobility, autonomous driving and artificial … Read more

Biden says ‘hello’ to North Korea’s Kim amid tensions over weapons tests

SEOUL, May 22 (Reuters) – US President Joe Biden, in Seoul before heading to Japan as part of his first Asia trip as president, had a simple message for North Korea’s Kim Jong Un: “Hello… period,” he told reporters on the last day of his visit to South Korea on Sunday. Biden said he was … Read more

WHO expects more cases of monkeypox to emerge globally

A section of skin tissue, harvested from a lesion on the skin of a monkey, that had been infected with monkeypox virus, is seen at 50X magnification on day four of rash development in 1968. CDC/Handout via REUTERS Register now for FREE unlimited access to Reuters.com register LONDON, May 21 (Reuters) – The World Health … Read more

Biden, South Korea’s Yoon vow to deter North Korea but offer COVID aid

SEOUL, May 21 (Reuters) – President Joe Biden and his new South Korean counterpart agreed on Saturday to hold bigger military drills and deploy more US weapons if necessary to deter North Korea, while offering to send COVID-19 vaccines and potentially meet Kim Jong Un. Biden and Yoon Suk-yeol said their countries’ decades-old alliance needed … Read more

U.S., others walk out of APEC talks over Russia’s Ukraine invasion

BANGKOK, May 21 (Reuters) – Representatives of the United States and several other nations walked out of an Asia-Pacific trade ministers meeting in Bangkok on Saturday to protest Russia’s invasion of Ukraine, officials walked out. The walkout was “an expression of disapproval at Russia’s illegal war of aggression in Ukraine and its economic impact in … Read more

U.S. slams China, U.N. rights chief, ahead of Xinjiang visit

UN High Commissioner for Human Rights Michelle Bachelet attends an event at the United Nations in Geneva, Switzerland, November 3, 2021. REUTERS/Denis Balibouse/File Photo Register now for FREE unlimited access to Reuters.com register WASHINGTON, May 20 (Reuters) – The United States is “deeply concerned” that China will restrict access on a visit by UN human … Read more

Global markets in “unambiguous contrarian buy territory,” Bank of America says

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com register LONDON, May 20 (Reuters) – The trillions wiped off global markets in … Read more

Asian shares bounce as China moves to boost housing

FILE PHOTO – An investor stands in front of an electronic board showing stock information at a brokerage house in Shanghai, China, August 24, 2015. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com register MSCI Asia ex-Japan +1.8%, Nikkei +1.3% European shares set to follow Asia’s lead Equities rally after China cuts loan … Read more

Musk says ‘Tesla is on my mind 24/7’ amid concerns about Twitter distraction

SAN FRANCISCO, May 19 (Reuters) – Tesla (TSLA.O) CEO Elon Musk said on Thursday that “Tesla is on my mind 24/7,” trying to soothe investor worries about him being distracted by a Twitter (TWTR.N) deal that has depressed stocks at the electric car company. Posting a picture showing a woman (Tesla) who is upset by … Read more

Shares slide as global growth fears mount

FILE PHOTO – An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Peter Register now for FREE unlimited access to Reuters.com register BEIJING/HONG KONG, May 19 (Reuters) – Asian stocks slid on Thursday, tracking a steep Wall Street selloff, as investors worried … Read more