BEIJING (AP) — China’s envoy to trade war talks with Washington expressed concern about U.S. tariffs on Chinese imports during a phone call Tuesday with Treasury Secretary Janet Yellen, the Ministry of Commerce announced, but it gave no indication of progress toward resolving an array of conflicts. Vice Premier Liu He and Yellen also discussed…
TOKYO (AP) — Asian shares were mostly lower Wednesday after tepid trading on Wall Street amid worries about a global recession. Major benchmarks fell across Asia. Oil prices recouped some lost ground after plunging on Monday. Analysts said markets were focusing on a variety of risks, including inflation, oil prices, moves by the U.S. Federal…
CANBERRA, Australia (AP) — Australia’s central bank on Tuesday lifted its benchmark interest rate for a third time in three straight months, changing the cash rate to 1.35% from 0.85%. The Reserve Bank of Australia’s half a percentage point rise was the same size as its June increase. When the bank lifted the rate by…
BEIJING (AP) — Chinese authorities refused to let Canadian diplomats attend the trial of a Chinese-born Canadian tycoon who disappeared from Hong Kong five years ago, Canada’s government said Tuesday. Xiao Jianhua was last seen at a Hong Kong hotel in January 2017 and was believed to have been taken to the mainland by Chinese…
TOKYO (AP) — Asian shares advanced Monday across the board as buying set in after the lull of a U.S. national holiday. Analysts said the optimism may be driven by expectations the U.S. may decide to cut Chinese tariffs, a welcome move that would also help tame inflation. China’s Commerce Ministry said Tuesday that Vice…
DALLAS (AP) — Travelers flying home from July Fourth getaways faced flight delays Monday, but airlines were canceling fewer flights than in the days leading up to the holiday weekend. Since holiday weekend travel picked up on Thursday, airlines have canceled more than 2,200 U.S. flights, and another 25,000 were delayed. Airports were packed. More…
KIGALI, Rwanda (AP) — Rwandan President Paul Kagame on Monday accused Congo of supporting rebels opposed to his government, escalating tensions with a neighbor who in turn accuses Rwanda of supporting violent rebels who recently captured a town in eastern Congo. Kagame said in a televised address that his country is concerned by alleged Congolese…
LUGANO, Switzerland (AP) — Ukrainian President Volodymyr Zelenskyy said Monday the reconstruction of his war-battered country is the “common task of the entire democratic world,” as his prime minister laid out a $750 billion recovery plan once the guns of Russia’s invaders fall silent one day. As Russian forces continued their crushing advance in Ukraine’s…
POKROVSK, Ukraine (AP) — Russian President Vladimir Putin on Monday declared victory in the eastern Ukrainian region of Luhansk, one day after Ukrainian forces withdrew from their last remaining bulwark of resistance in the province. Russia’s Defense Minister Sergei Shoigu reported to Putin in a televised meeting Monday that Russian forces had taken control of…
LONDON (AP) — Breakfast food giant Kellogg Co. lost a legal bid Monday to block new anti-obesity measures in England banning the promotion of sugary cereals. The U.S. company that makes Coco Pops, Frosted Flakes, Frosties and Rice Krispies had challenged the U.K. government over regulations taking effect in October restricting the promotion of foods…
