BEIJING (AP) – Heavy flooding from torrential rain left cars submerged and forced the evacuation of more than 200 residents in a southern Chinese city, state media reported Tuesday.
NEW YORK (AP) - More jumps for oil prices sent tremors through the bond market. The S&P 500 edged down by less than 0.1%, a day after slipping from its latest all-time high. The Dow dropped 0.6%, while the Nasdaq composite inched up less than 0.1%. The price for a barrel of Brent crude jumped nearly 6%.
NEW DELHI (AP) – For about eight weeks, Indian Capt. Rahul Dhar and his crew have been stranded on their tanker in the Persian Gulf, sometimes watching drones and missiles explode as the Strait of Hormuz remained effectively shut while the Iran war dragged on.
HONG KONG (AP) – China’s factory activity expanded for a second straight month in April, according to an official survey on Thursday, as its economy remained resilient despite higher energy prices due to the Iran war.
JAKARTA, Indonesia (AP) – One train slammed into another at a station outside Indonesia’s capital on Monday, killing at least four people, injuring dozens and leaving several trapped in a badly damaged car, officials said.
DUBAI, United Arab Emirates (AP) – Even as Iran squeezes world energy supplies with its chokehold on the Strait of Hormuz, its own oil industry is increasingly being threatened by an American blockade. With no way to export the oil it is pumping, Iran may be forced to dramatically reduce or cease production.
HONG KONG (AP) – China on Monday blocked U.S. tech giant Meta’s acquisition of the artificial intelligence startup Manus, in an unexpected move to reverse a deal that apparently aroused Beijing’s concerns about the transfer of advanced technology.
Excerpts from recent editorials in the United States and abroad:
TOKYO (AP) – Japan ‘s prime minister inaugurated a panel on Monday tasked with reviewing her country’s security and defense policies as tensions escalate with China, North Korea and Russia ramping up their military footprint in the region.