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Reuters reveals new evidence shows how Myanmar’s military planned the Rohingya purgeon August 4, 2022 at 2:42 pm

Reuters took readers on a deep dive into how senior Burmese military commanders held secret talks about operations against the minority Rohingya Muslim population. In official records seen by Reuters, commanders discussed ways to insert spies into Rohingya villages, resolved to demolish Muslim homes and mosques and laid plans for what they clinically referred to as “area clearance.” While the Burmese military faces grave allegations under international law, there is no easy road to convictions.

The post Reuters reveals new evidence shows how Myanmar’s military planned the Rohingya purge appeared first on Reuters News Agency.

Reuters reveals Samsung workers in Vietnam bear brunt of slowdown in global demand for electronicson August 4, 2022 at 2:50 pm

Reuters was first to report that Samsung Electronics has scaled back production at its massive smartphone plant in Vietnam, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending. The effect is acutely felt in Vietnam’s northern province of Thai Nguyen, one of Samsung’s two mobile manufacturing bases in the country where the world’s largest smartphone vendor churns out half of its phone output. 

The post Reuters reveals Samsung workers in Vietnam bear brunt of slowdown in global demand for electronics appeared first on Reuters News Agency.

Reuters reveals how Holcim units and other Indian cement firms fixed priceson August 5, 2022 at 2:19 pm

Reuters exclusively revealed Swiss giant Holcim’s India units and more than a dozen other cement manufacturers colluded to raise prices and restrict supplies for years, which included regularly inspecting one another to ensure there was no breach of the agreements. The investigations arm of the Competition Commission of India (CCI) has held top leadership  — CEOs or Managing Directors  — of Holcim units ACC and Ambuja, market leader UltraTech and 17 other firms such as Shree Cement and Dalmia Cement liable for antitrust violations.

The post Reuters reveals how Holcim units and other Indian cement firms fixed prices appeared first on Reuters News Agency.

Reuters reveals U.S. readies new $1 billion Ukraine weapons packageon August 6, 2022 at 2:44 pm

Reuters exclusively reported that the Biden administration’s next security assistance package for Ukraine is expected to be $1 billion, one of the largest so far, and includes munitions for long-range weapons and armored medical transport vehicles. Sources said the package would add to about $8.8 billion in aid the United States has given Ukraine since Russia’s invasion.

The post Reuters reveals U.S. readies new $1 billion Ukraine weapons package appeared first on Reuters News Agency.

Reuters reveals Malaysia’s Hong Leong Bank chairman weighs options for stake in bankon August 8, 2022 at 2:47 pm

Reuters exclusively revealed Malaysia’s second-richest man Quek Leng Chan is weighing options for his stake in Hong Leong Bank Bhd, including a merger, in a move that could trigger wider consolidation in the sector. Quek is also exploring the possibility of reducing his stake in the Malaysian lender. 

The post Reuters reveals Malaysia’s Hong Leong Bank chairman weighs options for stake in bank appeared first on Reuters News Agency.

Reuters reveals with massive Polish arms deal, S.Korea steps closer to Ukraine waron July 28, 2022 at 3:06 pm

Reuters provided insight into how South Korea’s biggest-ever arms deal will make it a major supplier of weapons flooding into Europe since the Ukraine war began, with sales to NATO-member Poland involving more than 1,600 tanks and howitzers, and nearly 50 fighter jets. South Korean and Polish officials signed a framework agreement last Wednesday in Warsaw in a deal that Poland says is a key part of their efforts to rearm in the face of the war in Ukraine.

The post Reuters reveals with massive Polish arms deal, S.Korea steps closer to Ukraine war appeared first on Reuters News Agency.

Reuters reveals South Korea’s sudden property slump tests world’s most indebted consumerson July 28, 2022 at 3:12 pm

Reuters exclusively reported South Korea’s property market has abruptly gone from sizzling hot to floundering, piling pressure on some of the world’s most debt-saddled consumers as the sector experiences the fastest interest rate hikes on record. Prices of Seoul apartments last week reported their sharpest decline in 26 months, while transaction volumes in the capital dropped 73% in June from a year earlier.

The post Reuters reveals South Korea’s sudden property slump tests world’s most indebted consumers appeared first on Reuters News Agency.

Reuters reveals U.S. game software developer Unity in talks to spin off China uniton August 2, 2022 at 2:56 pm

Reuters exclusively revealed Unity Software Inc, the U.S. developer best known for software used to design video games, is in talks to spin off its China unit to help it expand in the world’s biggest games market. San Francisco-based Unity has sought strategic investors to join it in a business valued at over $1 billion during talks.

The post Reuters reveals U.S. game software developer Unity in talks to spin off China unit appeared first on Reuters News Agency.

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