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Stock market today: Asian shares slip after Wall Street ends its best month of ’23 with big gains

Published Wed, 26 Feb 2025 05:29:13 GMT

HONG KONG (AP) — Asian shares declined on Friday even after Wall Street closed out its best month of the year with big gains in November. U.S. futures rose while oil prices continued to drop despite the latest extension of OPEC’s production cuts. Even with continued cuts to output, other producers such as the U.S. are expected to be able to make up the difference, relieving pressure on prices. U.S. benchmark crude oil was down 10 cents at $75.86 a barrel in electronic trading on the New York Mercantile Exchange. It lost $1.90 on Thursday to $75.96 a barrel.Brent crude, the international standard, dropped 22 cents to $80.64 a barrel.Hong Kong’s Hang Seng dropped 0.5% to 16,952.14, hovering around a one-year low, while the Shanghai Composite index edged down 0.1% to 3,027.38.A private sector survey released Friday showed Chinese manufacturing activity unexpectedly expanded in November, marking the fastest growth in three months. That report by Caixin contradicted one released the day ...

Palestinians say Israel is warning them to leave areas in southern Gaza

Published Wed, 26 Feb 2025 05:29:13 GMT

DEIR AL-BALAH, Gaza Strip (AP) — Residents say Israel has dropped leaflets over parts of southern Gaza, urging people to leave homes east of the town of Khan Younis. The leaflets also warned that Khan Younis was now a “dangerous battle zone.”The leaflets signaled that Israel was preparing to widen its offensive, which has so far focused largely on the northern part of the Gaza Strip.Hundreds of thousands of people fled northern Gaza earlier in the war, with many taking shelter in Khan Younis and other cities in the south.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.DEIR AL-BALAH, Gaza Strip (AP) — Israeli fighter jets hit Hamas targets in the Gaza Strip on Friday shortly after a weeklong truce expired, the military said, as the war resumed in full force. Airstrikes hit southern Gaza, including the community of Abassan east of the town of Khan Younis, the Interior Ministry in the Hamas-run territory said. Another strike hit a home northwest of Gaza City.Loud, cont...

EU calls for higher ambition at COP28 with accelerated emissions reductions and clean energy transition

Published Wed, 26 Feb 2025 05:29:13 GMT

Today (1 December), President von der Leyen (pictured) will attend the World Climate Action Summit officially opening the COP28 UN Climate Change Conference in Dubai. The EU will call on all Parties to take urgent action to bring down greenhouse gas emissions this decade and respect the commitments they made under the Paris Agreement to limit global warming to below 2°C, and to aim for 1.5°C.On 1 December, in the EU Pavilion, President von der Leyen will host a high-level event on promoting Paris-aligned carbon markets, as well as a launch event for EU-Catalyst breakthrough energy projects, and an event on the Just Energy Transition Partnership with Vietnam. On 2 December, the President will launch the Global Pledge on Renewables and Energy Efficiency, together with the COP28 Presidency, aiming to triple installed renewables capacity and double energy efficiency measures by 2030. She will also speak at the Super-Pollutants Summit, attend the Coal Transition ...

Second man charged in shooting death of San Leandro barber

Published Wed, 26 Feb 2025 05:29:13 GMT

SAN LEANDRO — East Bay prosecutors on Wednesday charged a second man with robbing and fatally shooting a San Leandro barber inside his shop in late October, police said.Related ArticlesCrime and Public Safety | Alameda County to pay $7 million, reform jail training after settlement with family of Maurice Monk Crime and Public Safety | UPS employee charged in recent Oakland homicide Crime and Public Safety | Vehicular manslaughter, other charges filed in hit-and-run death of 86-year-old East Bay man Crime and Public Safety | East Bay businessmen sentenced to prison for tax fraud Crime and Public Safety | Man fatally shot in East Oakland Guillermo Camacho, 26, of Oakland, was arrested Monday in Oakland, according to the San Leandro Police Department. He was driving a stolen car, police said, adding that a loaded 9mm handgun with an extended magazine was found inside the vehicle.In addition to robbery and m...

Pittsburg family searching for answers after teen's shooting death

Published Wed, 26 Feb 2025 05:29:13 GMT

PITTSBURG, Calif. (KRON) – An East Bay family is looking for answers after a teen was killed in Lodi. The boy’s mother says the teen was visiting his dad for Thanksgiving when he was shot last weekend. The shooter is still on the loose.Lodi police say the shooting appeared to be targeted, but the 15-year-old’s mother and aunt find it hard to believe. They say Alan Ruiz was a good kid who stayed out of trouble, and now they’re left trying to figure out why he was killed. Second suspect arrested in connection to fatal Oakley house party shooting “I still can’t believe my baby is gone. I can’t believe it. I can’t believe it,” said Alan’s mother Monique Ruiz. “He was a good kid. He didn’t deserve that. I feel like I deserve the truth. What really happened.” Monique Ruiz says details around her son’s killing have been spotty at best. The teen was staying at his dad’s apartment on Hale Road in Lodi Saturday night.His aunt, Maria Majaro says late that night Alan was lured outside by a fr...

ANÁLISIS | Elon Musk, el hombre más rico del mundo, sigue desesperado por llamar nuestra atención

Published Wed, 26 Feb 2025 05:29:13 GMT

(CNN) — Elon Musk quiere desesperadamente caer bien, a pesar de su declaración de este miércoles de que no le importa que lo odien. “Que me odien”, dijo a Andrew Ross Sorkin en la cumbre DealBook de The New York Times.Esta afirmación es, como gran parte de la imagen pública de Musk, una mentira diseñada para mantener la atención del público centrada en él.A riesgo de patologizar en exceso a una de las figuras públicas más patologizadas del planeta, algo que la entrevista de Musk dejó claro es que parece adicto a la atención. Y cuando la adoración no está disponible, se toma la condena como una inyección de metadona.Por eso compró un megáfono personal de US$ 44.000 millones. Por eso, en la cumbre de este miércoles, dijo a los anunciantes que abandonan X (antes Twitter) que “se vayan a la m****”, saboreando cada palabra mientras parecía darse una palmadita en la espalda por utilizar un lenguaje tan picante delante de un periodista de The New York Times.Al...

Asamblea Legislativa de El Salvador aprueba plan de Bukele para presentarse a la reelección

Published Wed, 26 Feb 2025 05:29:13 GMT

(CNN) — La Asamblea Legislativa de El Salvador aprobó la solicitud del presidente Nayib Bukele de un permiso para dejar el cargo durante seis meses para centrarse en su campaña para la reelección el próximo año.Bukele se postulará para un segundo mandato como presidente a pesar de que, según los críticos, la Constitución del país prohíbe los mandatos presidenciales consecutivos.En 2021, el máximo tribunal del país dictaminó que Bukele podía presentarse a un segundo mandato, pero que debía dejar su cargo seis meses antes de que comenzara un nuevo periodo.Bukele podría ganar las elecciones de 2024 dados sus altos índices de aprobación. Su dura represión de las bandas violentas le ha hecho popular en el país, azotado por la delincuencia, a pesar de que ha sido ampliamente condenada por los activistas en favor de los derechos humanos.The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.Source

Israel recalls envoy in Madrid over Spanish PM’s comments

Published Wed, 26 Feb 2025 05:29:13 GMT

Israel recalled its ambassador to Spain on Thursday, deepening the rift between the two countries amid Spanish Prime Minister Pedro Sánchez’s ongoing criticism of Israel.“Following the outrageous remarks by the Spanish Prime Minister, who once again repeated baseless accusations, I decided to recall our ambassador to Spain for consultations in Jerusalem,” Israeli Foreign Minister Eli Cohen announced.Earlier, Sánchez told Spanish public broadcaster RTVE he has “serious doubts that [Israel] is complying with international humanitarian law” in its military response in Gaza, an operation which has killed more than 13,000 people, according to the Hamas-run health ministry, in the aftermath of the militant group’s violent attack on October 7 which killed 1,200 people in Israel.Following the remarks, Prime Minister Benjamin Netanyahu also asked Cohen to summon the Spanish ambassador to Israel “for a reprimand” over the “shameful comments by the Spanish Prime ...

Gaza truce crumbles as Israel and Hamas resume war

Published Wed, 26 Feb 2025 05:29:13 GMT

Israel announced it restarted its military campaign in Gaza early Friday, just as its extended truce with Hamas was due to expire.“The IDF has resumed combat against the Hamas terrorist organization in Gaza,” the Israel Defense Forces (IDF) said in a statement on X.The IDF claimed that “Hamas violated the operational pause, and in addition, fired toward Israeli territory.”Earlier, the Israeli military said that it had “successfully intercepted a launch from Gaza,” an hour before the truce was set to expire.Hamas officials said Israeli airstrikes hit southern Gaza Friday morning, including the city of Rafah, near the border with Egypt, killing three people. Israeli military vehicles were also firing in northwest Gaza, the Hamas-controlled Ministry of Interior said in a statement.Israeli Prime Minister Benjamin Netanyahu said that Hamas broke the truce by not releasing “all of the women hostages today and has launched rockets at Israeli citizens.”&#...

Philippines opens a coast guard surveillance base in the South China Sea to watch Chinese vessels

Published Wed, 26 Feb 2025 05:29:13 GMT

THITU ISLAND, South China Sea (AP) — The Philippine coast guard inaugurated a new monitoring base Friday on a remote island occupied by Filipino forces in the disputed South China Sea as Manila ramps up efforts to counter China’s increasingly aggressive actions in the strategic waterway.Confrontations between Chinese and Philippine ships have intensified this year in the contested waters, resulting in minor but alarming collisions near the disputed Second Thomas Shoal occupied by a Filipino marine contingent in October.The high-seas faceoffs have fueled fears of a larger conflict that could involve the United States, which has repeatedly warned that it’s obligated to defend the Philippines, its oldest treaty ally in Asia, if Filipino forces, ships and aircraft come under an armed attack, including in the South China Sea.China has accused the U.S. of meddling in an Asian dispute and sowing discord in the region.National Security Adviser Eduardo Ano and other Philippine officials flew...