EXPLN

What to know about North Korea’s spy satellite launch

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What to know about North Korea’s spy satellite launch

SEOUL, Nov 22 (Reuters) – Officials and experts around the world are seeking to determine whether North Korea’s first spy satellite is operational as it orbits the earth after being launched on Tuesday, an effort that South Korea asserts was likely to have included Russian aid. North Korea appears to have overcome the technical problems … Read more

Analysis: When, not if, Europe copies Wall Street share trading reform

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Analysis: When, not if, Europe copies Wall Street share trading reform

Wall Street due to change to one day settlement in May Shorter time could increase competitiveness of EU markets Could be complex due to numbers of institutions involved LONDON, Oct 5 (Reuters) – The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share trading, though it will … Read more

Why a rout in government bonds is worrying

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Why a rout in government bonds is worrying

LONDON, Oct 3 (Reuters) – The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold. In the U.S. Treasury market, the bedrock of the global financial system, 10-year bond yields have shot up to 16-year highs. In Germany, they touched their … Read more

Is India changing its name to Bharat? G20 invite controversy explained

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Is India changing its name to Bharat? G20 invite controversy explained

NEW DELHI, Sept 6 (Reuters) – Invites sent by Indian President Droupadi Murmu calling herself “President of Bharat” for a dinner on the sidelines of the G20 summit have stirred speculation that the government may be about to change the country’s name. WHAT IS THE CONTROVERSY ABOUT INDIA’S NAME? By convention, invitations issued by Indian … Read more

Has Huawei overcome U.S. sanctions by developing its own 5G chip?

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Has Huawei overcome U.S. sanctions by developing its own 5G chip?

A staff member introduces the new Huawei Mate 60 smartphone to customers at the Huawei flagship store in Shenzhen, Guangdong province, China August 30, 2023. REUTERS/David Kirton/File Photo Acquire Licensing Rights SHENZHEN, China, Sept 1 (Reuters) – The surprise launch of the latest high-end smartphone from Chinese tech giant Huawei Technologies (HWT.UL) has triggered an … Read more

What is a BRICS currency and is the U.S. dollar in trouble?

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What is a BRICS currency and is the U.S. dollar in trouble?

Delegates walk past the logos of the BRICS summit during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa on August 23, 2023. GIANLUIGI GUERCIA/Pool via REUTERS Acquire Licensing Rights JOHANNESBURG, Aug 23 (Reuters) – Brazil’s President called on Wednesday for the BRICS nations to create a common currency for trade … Read more