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Lawyers for South Korea's Park reject questioning, prosecution says

South Korean President Park Geun-hye speaks during an emergency cabinet meeting at the Presidential Blue House in Seoul, South Korea, December 9, 2016. Yonhap/ via REUTERS (Reuters) - Lawyers for South Korean President Park Geun-hye have rejected a plan by a special prosecutor investigating a graft scandal to question her, citing a media leak, a spokesman for the prosecutor's office said on Thursday. The plan was to question Park on Thursday at an undisclosed location, Lee Kyu-chul, spokesman for the prosecutor's office, told a media briefing. But Park's office had notified the prosecutor that it was scrapping an agreement on the questioning, Lee said. "There is no change to the position that a face-to-face questioning of the president is necessary but there has been no decision specifically on the schedule from this point on," he said. Lee said Park's lawyers had notified the prosecutor's office of the decision after a television station said in a ...

Eight countries sign up to counter Trump's global anti-abortion move

Sweden's Deputy Prime Minister for International Development Cooperation and Climate Isabella Lovin delivers remarks at the ''Our Ocean'' conference at Georgetown University in Washington, U.S., September 16, 2016. REUTERS/GARY CAMERON FILE PHOTO: Swedish Minister for International Development Cooperation and Deputy Prime Minister Isabella Lovin speaks to the media during a news conference in Stockholm, Sweden July 2, 2016. TT News Agency/Johan Jeppsson/via REUTERS/FILE PHOTO (Reuters) - Eight countries have joined an initiative to raise millions of dollars to replace shortfalls caused by President Donald Trump's ban on U.S.-funded groups around the world providing information on abortion, Sweden's deputy prime minister said. Isabella Lovin told Reuters a conference would be held on March 2 in Brussels to kick-start the funding initiative to help non-governmental organizations whose family planning projects could be affected. The Netherlands announce...

Trump ignites political fight over U.S. banking law reforms

U.S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance and squarely aligned him with Wall Street bankers. Though the order was short on specifics, financial markets embraced Trump's signal that looser banking regulation is coming and pushed bank stocks higher. The Dow Jones U.S. Banks stocks index closed up 2.6 percent. [.N] At a White House forum on Friday with U.S. business leaders, including JPMorgan Chase's CEO Jamie Dimon, Trump said his administration expects "to be cutting a lot out of Dodd-Frank." That will involve a lot more than issuing an order, said former Democratic congressman Barney Frank, co-author of the 2010 Dodd-Frank Wall Street reform law that raised capital requirements for banks, restricted their trading by means of the "Volcker Rule," and created the Consumer Financial Protection Bureau to gu...