BEIJING/SEOUL (Reuters) - Rescue crews scrambled to bring a blaze on an Iranian oil tanker off China’s east coast under control on Monday as fire raged for a second day following a collision with a grain ship, while the U.S. Navy joined the search for 32 missing crew. Concerns were...
Asian stock markets have risen after Wall Street's strong week as investors look ahead to data releases from China, Japan and the Eurozone. Asian stock markets rose Monday following Wall Street's strong week as traders looked ahead to data releases from China, Japan and the Eurozone. KEEPING SCORE: The Shanghai Composite...
NEW YORK/LONDON - Gold extended its rally to a three-month high on Friday, leaping toward its biggest one-year rise in seven years as a wilting U.S. dollar, political tensions and receding concerns over the impact of U.S. interest rate hikes fed into its rally. Gold’s gains coincide with the greenback,...
Visible supermoons—full moons that appear when the moon is at its closest orbital point to Earth—aren’t very rare. Having three in a certainly row is. And that’s exactly what astronomy fans are being treated to this winter. The first supermoon appeared when the moon swung by Earth 26,500 km (approximately 16,500...
People who experience frequent migraines may soon have access to a new class of drugs. In a pair of large studies, two drugs that tweak brain circuits involved in migraine each showed they could reduce the frequency of attacks without causing side effects, researchers report in the New England Journal...
TOKYO - Japan’s economy grew faster than expected in the third quarter due to strong exports, posting the longest period of uninterrupted growth in more than a decade. The economy expanded at a 1.4 percent annualized rate in July-September, slightly above the median estimate for annualized growth of 1.3 percent,...
Bitcoin smashed through the $7,000 mark last week—and the digital currency’s remarkable run, which has seen its value increase seven-fold so far this year, may not be over. According to an analysis by Goldman Sachs, the price of bitcoin could reach “at least $7,941” and hover around that point for a while. The analysis,...
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba (BABA.N) saw its Singles’ Day sales hit $16 billion by mid-morning on Saturday after racing to a billion dollars in just two minutes after the world’s biggest shopping spree opened at midnight. Once a celebration for China’s lonely hearts, Singles’ Day has become...
As widely anticipated, President Trump nominated Jerome “Jay” Powell to a four-year term as chairman of the Federal Reserve’s Board of Governors on Thursday, succeeding Janet Yellen. Although Powell currently is a member of the board, serving a term that expires in 2028, he must separately be confirmed by the...
WASHINGTON — The ozone hole over Antarctica shrank to its smallest peak since 1988, NASA said Thursday. The huge hole in Earth’s protective ozone layer reached its maximum this year in September, and this year NASA said it was 7.6 million square miles wide (19.6 million square kilometers). The hole...
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