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Japan government upgrades economic assessment for first time in two months
Japan government upgrades economic assessment for first time in two months
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TOKYO (Reuters) - Japan's government upgraded its assessment of the economy in May for the first time in two months, in a sign growth is accelerating as exports and factory output pick up.
Created 39 minutes ago


Yen edges up from lows, Asian shares firmer
Yen edges up from lows, Asian shares firmer
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SINGAPORE (Reuters) - The yen pulled up from a 4-1/2 year low against the dollar on Monday after Japan's economics minister said a further steady drop in the yen could have negative effects on households, pushing the dollar to a low of 102.00.

Created 52 minutes ago


Rays' Moore stops Orioles for 8-0 start
Rays' Moore stops Orioles for 8-0 start
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(Reuters) - Tampa Bay's Matt Moore matched a 1917 start by Babe Ruth as he improved to a Major League-leading 8-0 in the Rays' 3-1 victory over the Baltimore Orioles on Sunday.

Created about an hour ago


At least one reported dead as tornadoes hammer Oklahoma, Kansas and Iowa
At least one reported dead as tornadoes hammer Oklahoma, Kansas and Iowa
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NEW YORK (Reuters) - A tornado half a mile wide struck near Oklahoma City on Sunday, part of a massive storm front that hammered the central United States. News reports said at least one person had died.
Created about an hour ago


On fleeting Hong Kong trips, Chinese make frugal fashionable
On fleeting Hong Kong trips, Chinese make frugal fashionable
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HONG KONG (Reuters) - Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favor.
Created 2 hours ago


Women grab race spots on Bump Day at Indy
Women grab race spots on Bump Day at Indy
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(Reuters) - The 33 car field for the Indianapolis 500 was set on Sunday with women drivers claiming three of the nine spots on offer on Bump Day.
Created 2 hours ago


Officials warn of commuter chaos from Connecticut derailment
Officials warn of commuter chaos from Connecticut derailment
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BRIDGEPORT, Connecticut (Reuters) - Thousands of Connecticut commuters should brace for travel chaos on Monday as Metro-North workers repair damage on the United States' busiest rail line caused by the collision of two trains, officials warned on Sunday.

Created 2 hours ago


British PM urges more action on tax from UK territories
British PM urges more action on tax from UK territories
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LONDON (Reuters) - Britain called upon its overseas territories to "get their house in order" over the sharing of tax information on Monday as the UK looks to lead a global fight against tax evasion ahead of a meeting of the world's wealthiest states.
Created 3 hours ago


Obama walks a fine line with Myanmar president's landmark visit
Obama walks a fine line with Myanmar president's landmark visit
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WASHINGTON (Reuters) - President Barack Obama will walk a fine line between fostering a U.S. ally in China's backyard and trying to defend human rights when the president of Myanmar becomes the first head of his country to visit the White House in 47 years on Monday.
Created 3 hours ago


Spurs cruise to opening win over Grizzlies
Spurs cruise to opening win over Grizzlies
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(Reuters) - The San Antonio Spurs blew away Memphis 105-83 on Sunday to open the Western Conference finals with a convincing victory.
Created 3 hours ago


Severe Kansas tornado prompts stark National Weather Service warning
Severe Kansas tornado prompts stark National Weather Service warning
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NEW YORK (Reuters) - A dangerous, half mile-wide hurricane struck near Oklahoma City Sunday afternoon, part of an extreme weather system moving through the central U.S. and stretching from north Texas to Minnesota.
Created 3 hours ago


Bae wins first PGA Tour title at Byron Nelson
Bae wins first PGA Tour title at Byron Nelson
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(Reuters) - South Korean Bae Sang-moon made a fast start, then overcame strong winds and a mid-round wobble to clinch his maiden PGA Tour title by two shots at the Byron Nelson Championship in Irving, Texas on Sunday.
Created 3 hours ago


Militants kill 10 Iraq policemen in checkpoint attacks
Militants kill 10 Iraq policemen in checkpoint attacks
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RAMADI, Iraq (Reuters) - - Militants killed at least 10 Iraqi policemen in a series of attacks on checkpoints in the West of the country on Sunday, police and local officials said.
Created 4 hours ago


Bruins maul Rangers to claim 2-0 series lead
Bruins maul Rangers to claim 2-0 series lead
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(Reuters) - The Boston Bruins took control midway through the second period to claim a 5-2 win over the New York Rangers and gain a commanding 2-0 lead in their Eastern Conference semi-final on Sunday.

Created 4 hours ago


Korean Bae wins maiden PGA Tour title at Byron Nelson
Korean Bae wins maiden PGA Tour title at Byron Nelson
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(Reuters) - South Korean Bae Sang-moon made a fast start, then overcame strong winds and a mid-round wobble to clinch his maiden PGA Tour title by two shots at the Byron Nelson Championship in Irving, Texas on Sunday.
Created 4 hours ago


Pakistan army will be watching Sharif's cozying up to India
Pakistan army will be watching Sharif's cozying up to India
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ISLAMABAD (Reuters) - Pakistan's all-powerful military overthrew Nawaz Sharif 14 years ago and hustled him off into exile in handcuffs. Now he's back as prime minister-elect, with the army watching his every move, especially steps planned to ease tension with arch-rival India.
Created 4 hours ago


Shooting death of gay man rocks New York's cradle of gay rights
Shooting death of gay man rocks New York's cradle of gay rights
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NEW YORK (Reuters) - Greenwich Village, the birthplace of the U.S. gay rights movement, remained in shock on Sunday over the shooting death of a gay man by a gunman who police said uttered anti-gay slurs before targeting the victim.
Created 4 hours ago


Analysis: High speed trading a stiff challenge for U.S. regulators
Analysis: High speed trading a stiff challenge for U.S. regulators
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CHICAGO (Reuters) - Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes.
Created 4 hours ago


Cannes: where celebrity sells and celebrities sell
Cannes: where celebrity sells and celebrities sell
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CANNES (Reuters) - Film stars come to Cannes to promote themselves and their projects - so where better to launch a wry documentary bemoaning the seeming dominance of celebrity pulling-power over content?

Created 5 hours ago


Orb leaves Preakness in excellent shape
Orb leaves Preakness in excellent shape
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BALTIMORE (Reuters) - Orb trainer Shug McGaughey said on his colt emerged from the Preakness Stakes in excellent shape and remained at a loss to explain the colt's puzzling performance.
Created 5 hours ago