Stories By 'Reuters'
India on Wednesday prescribed arrests and jail terms for offenders in a campaign to stamp out instant Muslim divorce, or “triple talaq”, as Prime Minister Narendra Modi looks to woo women voters of the South Asian nation’s minority community.
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Global tech companies plan to oppose new legislation in India that would require Facebook, PayPal and others to store user data in the country, arguing it will hurt investment and the business models of foreign and domestic firms.In July, a government panel recommended that all “critical personal data” should be processed in India, and presented a draft bill that could affect how global firms store customer data.
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Business and political leaders are increasing the pressure on Canadian Prime Minister Justin Trudeau to agree on a deal to renew NAFTA and drop his insistence that no deal is better than a bad deal.
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The Lord of the Rings director Peter Jackson has spoken with actor Ashley Judd’s legal team and could furnish “powerful” testimony supporting her defamation and sexual harassment suit against film producer Harvey Weinstein, her attorney said.
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North Korean leader Kim Jong-un said on Tuesday his “historic” summit with US President Donald Trump in Singapore stabilised regional security, and that he expected further progress at an inter-Korean summit aimed at reviving stalled nuclear diplomacy.
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Argentina’s battered peso currency inched higher and the risk of its bonds defaulting declined on Monday after the government unveiled its budget plan and the IMF said “important progress” had been made on revamping the country’s standby loan agreement.
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A victory for President Abdulla Yameen in a Sunday election in the Maldives could ramp up pressure on its finances, as the government stays the course on a Chinese-backed infrastructure boom that is in danger of swamping the economy.
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Struggling national carrier Thai Airways International PCL is pinning hopes of a revival to its 1990s heyday on a new leadership team, jet purchases and improving its brand as tourism booms in the region.
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A unit of Malaysian telecoms firm Axiata Group has called off a $940 million deal to buy 13,000 telecoms towers in Pakistan after regulators there failed to provide all approvals for the transaction announced a year ago.
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Investors have increased bets that India’s central bank will need to raise interest rates at least two more times this year to shore up the battered rupee after authorities’ previous efforts to defend the currency failed to sway markets.The government’s latest measures to support the rupee announced last week were particularly underwhelming for market participants, who have since increased bearish positioning on the currency.
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