• UK Prime Minister Faces Leadership Challenge
  • UK Health Secretary Resigns, Setting up Challenge
  • Xi's Warning to Trump Over Taiwan
  • Russia Hits Kyiv with Drones and Missiles
  • Senators Approve Withholding Their Own Pay
Cisco leads Wall Street and the Dow back to 50,000

NEW YORK (AP) - The U.S. stock market rose to more records after Cisco Systems joined the parade of companies reporting fatter profits. The S&P 500 climbed 0.8% Thursday to set an all-time high for a second straight day. The Dow Jones rose 0.7% and finished a day above the 50,000 level. The Nasdaq composite added 0.9% to its own record.

Top Asia Pacific Breaking News: Latest Updates

BEIJING (AP) – China’s Xi Jinping warned President Donald Trump on Thursday that their two countries could clash over Taiwan if the issue is not handled properly, an unusually harsh admonition that stood in contrast to the American leader’s praise for his counterpart.

Tensions flare near Strait of Hormuz as ship is seized and another sunk

DUBAI, United Arab Emirates (AP) – A ship anchored off the United Arab Emirates was seized and taken toward Iran and another – a cargo ship near Oman – sank after being attacked, authorities said Thursday, as tensions escalated near the Strait of Hormuz.

Politics
US Retail sales growth slowed in April from March wth higher gas cost

NEW YORK (AP) – Shoppers tempered their spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture. But they’re still buying, thanks to more generous government tax refunds.

Politics
As Trump targets offshore wind, a look at the global industry

President Donald Trump is stopping offshore wind projects in the United States, just as the industry was poised to grow significantly. Offshore wind energy has the potential to deliver large amounts of clean energy along U.S. coastlines. Three offshore wind farms are open in the United States and three more have begun delivering power.

Politics
Honda records its first-ever annual loss on costly EV strategy

TOKYO (AP) – Honda racked up a 423.9 billion yen ($2.7 billion) loss Thursday, the first-ever full year loss for the Japanese automaker, acknowledging heavy costs for its electric-vehicle plans, stemming from President Donald Trump’s pro-U.S. policies.

Politics
Prime Minister Keir Starmer faces Labour Party leadership challenge

LONDON (AP) – Prime Minister Keir Starmer’s future is uncertain as key Labour Party members prepare to challenge his leadership. Health Secretary Wes Streeting quit embattled Starmer’s Cabinet Thursday in what is expected to be a precursor to challenging his leadership. Streeting is the first Cabinet member to resign.

Politics
UK health secretary resigns, setting up a potential Labour leadership challenge

LONDON (AP) – Efforts to unseat British Prime Minister Keir Starmer from within his party broke into open rebellion Thursday, with one potential rival resigning from the Cabinet and two others positioning themselves for a future leadership challenge.

Politics
Senators approve withholding their own pay during government shutdowns

WASHINGTON (AP) – Senators unanimously approved a resolution Thursday to withhold their pay during government shutdowns, an attempt to make federal closures financially painful for lawmakers after a string of record-breaking impasses in the past year.