South Korea's parliament on Tuesday approved the appointment of Han Seong-sook as prime minister, elevating the former chief executive of South Korean internet giant Naver KRX:035420 to the post.Han has been serving as cabinet minister for small and medium enterprises under President Lee Jae Myung.
Inflation in India may remain relatively contained in the coming months as global commodity prices ease, the monthly economic report published by the Ministry of Finance said on Tuesday.Here are some details from the report:
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Chile's unemployment rate hit 9.4% in the quarter through May, statistics agency INE said on Tuesday, above the 9.2% expected by economists polled by Reuters.The Andean country's jobless rate also increased from 9.1% registered in the previous rolling quarter.
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Copper output in Chile, the world's largest producer of the metal, fell 12.9% year-on-year in May to 423,623 metric tons, statistics agency INE said on Tuesday.Manufacturing production in the Andean nation was also down 7.2% in the month on a yearly basis, the agency added. The data declined more t…
The Polish finance ministry estimates that at the end of June, the financing of 2026 gross borrowing needs of the state budget stood at about 63%, Deputy Finance Minister Jurand Drop said in a comment to the debt supply for June."We estimate that the balance of funds in budget accounts at the end o…
The United States' regulation of artificial intelligence is problematic and inconsistent, Martin Chavez, vice chairman at investment firm Sixth Street, told Reuters on Tuesday.Speaking at the Reuters Momentum AI London event, Chavez criticised the current U.S. approach of regulating each new AI mod…
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The BlackRock Investment Institute (BII) said on Tuesday it had become less bullish on the outlook for emerging market stocks and hard-currency debt, but more upbeat on the outlook for euro zone government bonds.Here are the main points from the mid-year outlook of the BII, an arm of U.S.-based inv…
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By Niket Nishant and Avinash PWall Street's main indexes were on course for a muted open on the final trading day of a quarter that saw equities post the biggest gains in years.A slew of economic data, including the JOLTS job openings report and the Conference Board's consumer confidence index, wi…
U.S. single-family house prices eased on a monthly basis in April, but remained supported by a shortage of homes for sale.House prices dipped 0.1% after an upwardly revised 0.2% rise in March, the Federal Housing Finance Agency said on Tuesday. Prices were previously reported to have edged up 0.1…
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