Aussie tumbles on talk of more interest rate cuts

By Jemia Kelly LONDON, May 24 : The Australian dollar fell to a 2-1/2-month low on Tuesday on talk that the Reserve Bank of Australia RBA might cut interest rates again this year, after its governor said the central bank was committed to inflation-targeting policy. Glenn Stevens was speaking publicly for the first time since […]

EU’s Timmermans to meet Polish PM on governance

By Alastair Macdonald BRUSSELS, May 24 : The deputy head of the European Commission flew to Warsaw today hoping to resolve a confrontation between Poland and the EU over government changes to the constitutional court that have raised concerns about the rule of law. Frans Timmermans, the first vice president of the EU executive, said […]

Cambodia revives Australia refugee deal with planned Nauru visit

By Prak Chan Thul PHNOM PENH, May 24 : Cambodia said today it will send a team to a South Pacific detention centre next month to interview two refugees who have volunteered to be resettled, reviving an agreement with Australia that seemed on the verge of collapse. Australia has vowed to stop asylum seekers sailing […]

Korea’s Jeonbuk play down bribery allegations

By Nataly Pak SEOUL, May 24 : South Korean champions Jeonbuk Motors rejected allegations today that a club scout paid top-flight referees to influence games, saying the payments were made on a personal basis and the sums involved were too small to be considered bribes. Two referees have been charged with accepting bribes totalling 5 […]

Aditya Sachdeva murder: Court refuses to hear bail plea of Bihar MLC

Patna, May 24 : A Bihar court on Tuesday refused to hear the bail plea of JD-U legislator Manorama Devi who has arrested last week for harbouring her son Rocky Yadav after he allegedly killed a teenager in Gaya district. “Gaya district and session judge has refused to hear her bail plea and deferred it […]