News
India, China troops clash at Himalayan border, 'casualties on both sides'
India's army said on Tuesday 20 of its soldiers had been killed in clashes with Chinese troops at a disputed border site, in a major escalation of a weeks-long standoff between the two Asian giants in the western Himalayas.
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Asia stocks turn cautious on virus surge, geopolitics
Asian share markets took a cautious turn on Wednesday as a resurgence of global coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in U.S. retail sales in May broke all records.
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Japanese researchers confirm coronavirus testing in sewers as possible outbreak warning system
Japanese researchers confirmed the presence of the coronavirus in wastewater plants, a finding that could serve as a signal for future outbreaks.
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South Korea says will no longer accept unreasonable behavior by North Korea
South Korea's presidential Blue House said on Wednesday that recent North Korean criticism of President Moon Jae-in was senseless and that it will no longer accept unreasonable behavior by the North.
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U.S. sues ex-Trump adviser Bolton to block book publication
The United States on Tuesday sued former national security adviser John Bolton, seeking to block him from publishing a book about his time in the White House that it said contained classified information and would compromise national security.
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U.S. posts rule allowing U.S. companies to work with Huawei on 5G and other standards
The U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China's Huawei to develop standards for 5G and other cutting-edge technologies, despite restrictions on doing business with the telecommunications equipment maker.
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U.S. calls bid by men to avoid extradition over ex-Nissan boss Ghosn's escape 'flawed'
U.S. prosecutors on Tuesday said a former Green Beret and his son, wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country, were advancing a "flawed" interpretation of Japanese law to fight their extradition.
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PG&E pleads guilty to 84 counts of involuntary manslaughter in California wildfire
Pacific Gas & Electric pleaded guilty on Tuesday to 84 counts of involuntary manslaughter stemming from a devastating 2018 wildfire in Northern California touched off by the utility company's power lines.
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Asian stocks set to rise as drug trials, data push Wall Street higher
Asian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and data showing U.S. consumers spent big in May.
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Trump signs order on police reform after weeks of protests about racial injustice
President Donald Trump, facing criticism that his policies and inflammatory rhetoric have aggravated a racial divide in the United States, signed an order on Tuesday that he said would reform police practices even as he pressed for "law and order" nationwide.
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Wall Street closes higher on signs of economic recovery
Wall Street advanced on Tuesday as the prospect of additional stimulus and a record jump in retail sales suggested the U.S. economy could bounce back sooner than expected, five months into its pandemic-inflicted recession.
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Steroid drug hailed as 'breakthrough' for seriously ill COVID-19 patients
A cheap and widely used steroid called dexamethasone has become the first drug shown to be able to save the lives of COVID-19 patients in what scientists said is a "major breakthrough" in the coronavirus pandemic.
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Explainer: The coronavirus risks of everyday activities as economies reopen
Americans have started returning to more normal lifestyles with the end of coronavirus lockdowns. But what activities are safe?
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U.S. sues former Trump adviser Bolton to block book publication
The United States on Tuesday sued former national security advisor John Bolton, seeking to block him from publishing a book about his time in the White House that it said contained classified information and would compromise national security.
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Why some black-owned U.S. businesses are hardest hit by coronavirus shutdowns
After 15 years working as a hair stylist in other people's salons, Gary Connell opened his "Healthy Hair" studio in Montgomery County, Maryland in early March, sinking his savings into a two-chair shop in a busy mall.
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Stocks and dollar gain on U.S. retail sales, drug trial
Risk appetite found new life on Tuesday on a record rebound in U.S. retail sales, fresh support from the Federal Reserve and Bank of Japan, and upbeat trial results for a COVID-19 treatment, driving global equity markets higher and boosting the dollar.
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U.S. wants face-to-face meeting with Iran on prisoners
The United States would like a face-to-face meeting with Iran to discuss prisoner releases and it wants the U.N. Security Council to impose an indefinite arms embargo on the Islamic Republic, a senior U.S. diplomat said on Tuesday.
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U.S. thinks any extension of Iran arms embargo should be open-ended: U.S. envoy for Iran
The United States believes an extension of an arms embargo on Iran, currently due to expire in October under a 2015 nuclear deal, should be done so indefinitely without a fixed date, a top U.S. official overseeing diplomacy with Tehran said on Tuesday.
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Timeline: From historic summit to building destruction, North Korea unsettles U.S.
North Korea on Tuesday blew up a building set up in 2018 in a border town as a joint liaison office to foster better ties with South Korea, the latest in a series of actions by Pyongyang that have increased concerns in Washington.
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Did elite David Boies law firm get a pandemic bailout? It's a secret
When the U.S. government announced a multibillion-dollar bailout of struggling small businesses amid the coronavirus pandemic, one of the top U.S. law firms sensed an opportunity.
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