
HONG KONG — Asian shares were mostly higher Wednesday despite losses on Wall Street, as investors await the Federal Reserve’s decision on interest rates, with high expectations of a rate hike. U.S. futures also edged higher. There is widespread expectation that the Fed will hike rates Wednesday for the first time in three years as
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WASHINGTON — The Trump administration is planning to deliver powerful 2,000-pound bombs to Israel as part of an upcoming arms deal, weapons that prompted such concerns about the possibility of mass casualties in Gaza that the Biden administration paused their delivery two years ago. The $2.8 billion package includes 40,000 of the bombs, made up
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BANGKOK — Shares were mostly lower in Asia and U.S. futures also declined Monday on expectations that the U.S. Federal Reserve may raise interest rates soon. Oil prices surged about 3% after U.S. forces struck Iranian rocket launchers on the Strait of Hormuz, marking their first military action in a month. The Trump administration just
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BANGKOK — The U.S. aircraft carrier USS Abraham Lincoln will make a stop in Thailand after its grueling deployment in the Middle East, Thai officials said Wednesday. The Lincoln was supporting the U.S. war against Iran, and its deployment included a record-setting uninterrupted time at sea of more than 250 days. Concerns have grown about
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UNITED NATIONS — The United States is urging beefed-up U.N. sanctions against the warring parties in Sudan to build pressure on them to negotiate an end to the fighting that has killed at least 59,000 people, displaced some 13 million and pushed many parts of the African nation into famine. President Donald Trump’s senior adviser
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WASHINGTON — U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from fighting in Iran and the closure of the Strait of Hormuz. The Labor Department said that employers posted 7.36 million vacancies in June, down from 7.54 million in May. The
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