South Korea to strengthen supervision of bank governance practices

SEOUL (Reuters) – South Korea’s financial regulator said on Tuesday it would focus its supervisory activity over banks on improving their corporate governance and internal control practices, which it said fell short of global standards. The Financial Supervisory Service (FSS) said in a statement that the country’s banks were perceived to be lagging behind global …

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Republican presidential hopeful Hutchinson says Trump should exit race over Jan. 6 attack

By Nathan Layne (Reuters) – Former Arkansas Governor Asa Hutchinson, a Republican running for U.S. president, said he would not have pursued the hush-money case against former President Donald Trump, but said his 2024 rival bore “significant responsibility” for the Jan. 6 attack on the U.S. Capitol and should exit the race. In an interview …

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Analysis-China’s intensifying nuclear-armed submarine patrols add complexity for U.S., allies

By Greg Torode and Eduardo Baptista HONG KONG (Reuters) – China is for the first time keeping at least one nuclear-armed ballistic missile submarine constantly at sea, according to a Pentagon report – adding pressure on the United States and its allies as they try to counter Beijing’s growing military. The assessment of China’s military …

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Disney CEO Iger calls DeSantis retaliation ‘anti-business’

By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney Co Chief Executive Bob Iger fired back at Florida Republican Governor Ron DeSantis on Monday, saying his apparent retaliation against Disney for taking a position on legislation was “anti-business.” After initially trying to stay neutral, Disney opposed Florida’s Parental Rights in Education Act – …

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UK says Lockheed Martin, BAE Systems win nearly $200 million contract, to create 140 jobs

(Reuters) – Lockheed Martin Corp and BAE Systems Plc won a F-35 jet maintenance support contract worth 161 million pounds ($200 million), creating 140 jobs in Britain, the country’s Ministry of Defence said on Tuesday. The contract was signed by the U.S. Joint Program Office and Lockheed Martin as F-35 prime contractor, with BAE Systems …

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Britain uses cyber capabilities to counter enemies online – GCHQ

By James Pearson LONDON (Reuters) – British government hackers have launched operations against militants, state-backed disinformation campaigns and attempts to interfere in elections, the GCHQ spy agency said on Tuesday, in a rare statement on its offensive cyber work. The attacks were carried out over the last three years by the secretive National Cyber Force …

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Recaudación tributaria de Argentina crece 88,3% interanual en marzo: Gobierno

BUENOS AIRES, 3 abr (Reuters) – La recaudación de impuestos de Argentina se incrementó un 88,3% interanual en marzo al totalizar 2,34 billones de pesos (unos 11.181 millones de dólares), reportó el lunes el Ministerio de Economía. La sequía histórica que sufre el país afecta lo recaudado en tributos relacionados con el comercio exterior, luego …

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China’s reopening brightens developing Asia’s 2023 growth outlook – ADB

By Karen Lema MANILA (Reuters) – Developing Asia will grow faster than previously thought this year, underpinned by a stronger-than-projected rebound in China, but risks from global banking turmoil could weigh on the outlook, the Asian Development Bank (ADB) said on Tuesday. Developing Asia, which groups together 46 economies in the Asia-Pacific, is forecast to …

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