TOKYO, Japan (AFP)–Tokyo stocks opened fractionally higher Tuesday following overnight gains on Wall Street, as investors searched for fresh news to move the market. The benchmark Nikkei 225 index rose 0.06 percent, or 14.27 points, to 22,521.59 in early trade while the broader Topix index was up 0.04 percent, or 0.63 points, at 1,733.53. With a dearth of major incentives, players will likely cherry pick selective shares like companies with strong earnings, before turning their […]
Other News
Former Trump campaign chief’s deputy takes stand in his fraud trial
by Chris Lefkow Agence France-Presse ALEXANDRIA, United States (AFP) — Rick Gates, the prosecution’s star witness in the trial of President Donald Trump’s former campaign chief Paul Manafort, testified Monday that he conspired with his ex-boss to hide millions of dollars in foreign bank accounts from US tax authorities. In riveting testimony before a packed courtroom, the 46-year-old also admitted to stealing hundreds of thousands of dollars from Manafort during the decade the pair worked together […]
Iran, US trade warnings as sanctions on Tehran set to take effect
by Eric Randolph with Thomas Watkins in Washington Agence France-Presse TEHRAN, Iran (AFP) — The leaders of Iran and the United States traded accusations Monday as the clock ticked down to Washington’s reimposition of sweeping sanctions on Tehran, which dismissed Donald Trump’s offer of talks on a new nuclear deal. After Trump told Iran to change its “destabilizing” behavior or risk further economic isolation — while leaving the door open to negotiation — Iranian President […]
Internet giants delete content of US conspiracy theorist Alex Jones
NEW YORK, United States (AFP) — Internet giants launched an offensive Monday against far-right conspiracy theorist Alex Jones, who is now banned from Apple, Facebook, Spotify and YouTube. The move, described by Jones as a “coordinated communist-style crackdown,” came after months of criticism against Facebook, Twitter and YouTube calling for them to do more to combat disinformation and hate discourse. Jones, whose site InfoWars has accused victims of the 2012 Sandy Hook school shooting of […]
Mexico’s new leader: ‘Nobody will threaten us’ with wall
MEXICO CITY, Mexico (AFP) — Mexico’s President-elect Andres Manuel Lopez Obrador vowed Monday his country would not be threatened by a wall, in a thinly veiled rebuke to US President Donald Trump’s jabs across the border. “Mexico is going to become a power — and will change the balance of power. Nobody will threaten us that our borders will be closed or militarized,” warned Lopez Obrador, who takes office December 1. “This will be possible […]
Venezuela vows to eradicate plots after Maduro ‘assassination’ bid
by Alexander Martinez Agence France-Presse CARACAS, Venezuela (AFP) — Venezuelan authorities vowed Monday to “root out” plots against President Nicolas Maduro after what they said was a weekend drone “assassination” bid backed by Colombia. An accusation by Maduro that his Colombian counterpart Juan Manuel Santos was behind the incident has worsened already fraught ties between Caracas and Bogota. Santos, who hands over power to elected successor Ivan Duque on Tuesday, has categorically rejected the accusation. […]
Nearly 250,000 people couldn’t vote ‘for various reasons’: Mali govt
BAMAKO, Mali (AFP) — The Mali government on Monday published a list of 871 polling stations which were unable to operate during last week’s presidential election due to outbreaks of violence, adding that almost a quarter of a million people had been unable to vote. A total of 245,888 voters — mainly in northern Timbuktu region, central Mopti and Segou in the south — “were unable to vote for various reasons” during the July 21 […]
Saudi Arabia, Canada row over jailed activists ramps up
by Anuj Chopra with Eric Thomas in Montreal Agence France-Presse RIYADH, Saudi Arabia (AFP) — Saudi Arabia and Canada on Monday showed no signs of backing down in an escalating row over human rights, after Riyadh abruptly cut ties over Ottawa’s vigorous calls for the release of activists jailed in the kingdom. The Saudi government expelled Canada’s ambassador, giving him 24 hours to leave the country, and recalled its own envoy to Ottawa, while freezing […]
Cancer-causing impurity found in Chinese-made blood pressure medications
SHANGHAI, China (AFP) — Two more Chinese drug makers have announced that a blood-pressure medication they exported to Taiwan contained a potentially cancer-causing impurity, a month after the same problem at another Chinese manufacturer prompted a global recall. Tianyu Pharm and Rundu Pharma said batches of valsartan, an active ingredient widely used in medications for high blood pressure and congestive heart failure, contained N-nitrosodimethylamine (NDMA), which is believed to potentially cause cancer through long-term use. […]
Vietnam court jails 46 bankers, execs for loan scheme
HANOI, Vietnam (AFP) — A court in Vietnam convicted 46 former bankers and businessmen of corruption on Monday over a multi-million-dollar lending scam spearheaded by the once-powerful chairman of Vietnam’s Construction Bank. It is the latest in a series of major banking trials aimed at cleaning up the opaque sector long plagued by bad debts, corruption and nepotism. Vietnam’s communist leaders have vowed to target the banking business as they wage a sweeping anti-graft […]
President Duterte signs National ID Law — PHL ID System Act
(Eagle News) – President Rodrigo Duterte signed the National ID Law or the Philippine Identification System Act on Monday, August 6, which will establish a single national identification card that will dispense with presentation of multiple IDs for government transactions. The signing held in Malacanang was done during the presentation and turn-over of the Bangsamoro Organic Law (BOL) to the Bangsamoro Transition Commission. Duterte said that a single national ID will help in the […]
Greek fire death toll rises to 91: officials
ATHENS, Greece (AFP) — A 95-year-old woman injured in Greece’s deadliest fire last month died early Monday, raising the death toll to 91, state agency ANA reported. The woman succumbed to burn injuries hours after the government, widely criticised for its response to the emergency, replaced the heads of the police and fire brigade. The minister responsible for the police and state security also quit last week. Another 36 people are still hospitalised after the […]