New US ambassador to India pushes for deeper trade ties

NEW DELHI (AP) – The U.S. and India are actively engaged on a bilateral trade agreement to deepen economic and strategic partnership, the U.S. ambassador-designate to New Delhi said Monday. Since Russia’s full-scale invasion of Ukraine in February 2022, India has emerged as the second biggest buyer of Russian crude after China.

Wall Street edges back from its records as JPMorgan reports

NEW YORK (AP) - Wall Street edged back from its records following a mixed start to the latest profit reporting season for big U.S. companies. The S&P 500 fell 0.2% Tuesday after drifting earlier between small gains and losses. The Dow Jones Industrial Average dropped 0.8%, and the Nasdaq composite fell 0.1%.

Stocks of credit card companies slump

NEW YORK (AP) – Stocks of credit card companies are dropping Monday after President Donald Trump threatened moves that could eat into their profits. The rest of Wall Street, meanwhile, is showing only modest signs of concern after tensions ramped to a much higher degree between the White House and the Federal Reserve.

Wall Street CEOs warn Trump: Stop attacking the Fed and credit card industry

NEW YORK (AP) – Up until this week, Wall Street has generally benefited from the Trump administration’s policies and has been supportive of the president. When President Donald Trump signed the One Big Beautiful Bill into law in July, it also cut the budget of the Consumer Financial Protection Bureau, at times the banking industry’s nemesis, by nearly half.

Top Asia Pacific Breaking News: Morning Edition

YANGON, Myanmar (AP) – Myanmar began a second round of voting Sunday in its first general election since the military takeover five years ago. Voting expanded to additional townships including some areas affected by the civil war between the military government and its armed opponents. Critics say the polls organized by the military government are neither free nor fair.

China urges Canada to break from US influence as PM Carney visits Beijing

BEIJING (AP) – As Canadian leader Mark Carney arrives in China on Wednesday, his hosts see an opportunity to peel the longtime U.S. ally away from their rival, at least a bit.  China’s state media is calling on the Canadian government to set a foreign policy path independent of the United States – what it calls “strategic autonomy.”

 

UN hearings on whether Myanmar committed genocide against the Rohingya

THE HAGUE, Netherlands (AP) – Myanmar will face accusations Monday it is responsible for genocide against the Rohingya ethnic minority at the top court of the United Nations, as long-awaited hearings are set to begin.

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

Excerpts from recent editorials in the United States and abroad:

Malaysia, Indonesia become first to block Musk's Grok over AI deepfakes

KUALA LUMPUR, Malaysia (AP) – Malaysia and Indonesia have become the first countries to block Grok, the artificial intelligence chatbot developed by Elon Musk’s xAI, after authorities said it was being misused to generate sexually explicit and non-consensual images.