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Updated: 2 hours 36 min ago

GM says South Korean unit will file for bankruptcy if no union concessions by April 20

Mon, 03/26/2018 - 8:42pm
SEOUL (Reuters) - General Motors said its loss-making South Korean operations would file for bankruptcy if its union did not agree to cut labor costs by April 20, the union said on Tuesday.

Former university boss of convicted ex-USA Gymnastics doctor arrested

Mon, 03/26/2018 - 8:38pm
(Reuters) - Police have arrested a former Michigan State University dean who supervised ex-USA Gymnastics physician Larry Nassar before the sports doctor was convicted of sexually abusing female athletes, the county sheriff said on Monday.

South Korea says watching Beijing 'very closely' amid reports of Kim visit

Mon, 03/26/2018 - 8:36pm
SEOUL (Reuters) - Events are happening quickly on the Korean peninsula with planned summits between North and South Korea and the United States, a presidential official in Seoul said on Tuesday, amid reports that North Korean leader Kim Jong Un is in China.

Asia shares cheered by trade hopes, dollar downcast

Mon, 03/26/2018 - 7:34pm
SYDNEY (Reuters) - Asian share markets rallied on Tuesday as reports of behind-the-scenes talks between the United States and China rekindled hopes a damaging trade war could be averted, in turn sapping the strength of the dollar and yen.

Before expulsions, a brick-by-brick hardening of U.S. stance toward Russia

Mon, 03/26/2018 - 7:08pm
WASHINGTON (Reuters) - America's most sweeping expulsion of Russian diplomats since the Cold War may have seemed like a dramatic escalation in Washington's response to Moscow, but the groundwork for a more confrontational U.S. posture had been taking shape for months -- in plain sight.

Porn star sues Trump's personal lawyer for defamation

Mon, 03/26/2018 - 6:01pm
WASHINGTON (Reuters) - Stormy Daniels sued Donald Trump's lawyer Michael Cohen on Monday for defamation, according to court documents, escalating a legal battle between the American president and the porn star that the White House was struggling to contain.