Trump weighing a currency swap with UAE to help bolster finances

WASHINGTON (AP) – Trump says administration is weighing a currency swap with UAE to help bolster finances of Mideast ally rattled by war. When Trump suggested he backs the possibility of a currency swap with the United Arab Emirates, it's a sign that he is looking to help stabilize that country's economy.

US stocks rally to records, but Brent oil also tops $100

NEW YORK (AP) - The U.S. stock market set more records but caution still hung over Wall Street. The S&P 500 rallied 1%. The Dow Jones Industrial Average added 0.7%, and the Nasdaq composite set its own record after climbing 1.6%. The price for a barrel of Brent crude oil briefly topped $102.

Petroleum infuses a multitude of everyday items that could be more expensive

NEW YORK (AP) – It might be hard to imagine the Iran war weighing on stuffed toys with names like Snuggle Glove, Bizzikins and Wobblies, but even plush playthings are not immune when oil shipments from the Middle East are constrained.

Top Asia Pacific Breaking News: Latest Updates

HONG KONG (AP) – The Hong Kong government is seeking to confiscate millions of dollars in funds and corporate shares it says are linked to crimes committed by jailed former media tycoon Jimmy Lai, according to a court document seen by The Associated Press on Tuesday.

Iran says "no final decision" on whether to attend ceasefire talks

DUBAI, United Arab Emirates (AP) – Iranian Foreign Ministry spokesman says “no final decision” on whether to attend ceasefire talks. Last-minute ceasefire talks between the U.S. and Iran look increasingly uncertain on Tuesdayas a two-week truce is set to expire. Iran hasn't yet decided whether to join the talks, its Foreign Ministry spokesman said.

Iran fires on container ship in Strait of Hormuz

DUBAI, United Arab Emirates (AP) – Iran’s paramilitary Revolutionary Guard opened fire Wednesday on a container ship in the Strait of Hormuz, damaging the ship and further raising the stakes as planned ceasefire talks in Pakistan failed to materialize.

Myanmar proposes new peace talks with armed resistance groups

BANGKOK (AP) – The leader of Myanmar ‘s military-backed government has invited the country’s armed resistance groups to fresh peace talks, state-run newspapers reported Tuesday, marking the first such call from President Min Aung Hlaing since he took office earlier this month.

Editorials from The Wall Street Journal, The New York Times, The Washington Post and others

Excerpts from recent editorials in the United States and abroad:

Hong Kong seeks to seize millions from jailed activist Jimmy Lai

HONG KONG (AP) – The Hong Kong government is seeking to confiscate millions of dollars in funds and corporate shares it says are linked to crimes committed by jailed former media tycoon Jimmy Lai, according to a court document seen by The Associated Press on Tuesday.