Energy shares lead Asian stocks higher on OPEC output deal
Energy companies led a rally in Asian stock markets Thursday as investors welcomed news that OPEC nations planned to cut oil production for the first time in eight years in an effort to reduce a global ...
Authorities: School shooter killed father before rampage
TOWNVILLE, S.C. (AP) ? A teenager who killed his father at their home Wednesday was stopped by a volunteer firefighter as he opened fire outside a South Carolina elementary school, wounding two students and a teacher, authorities said.
The military's ritual of saluting for the national anthem
HONOLULU (AP) ? The Navy has investigated the case of a sailor who didn't salute as the national anthem played at Pearl Harbor, in a protest that echoes recent moves by professional athletes to kneel during the anthem. The U.S. Pacific Fleet referred her case to her commander, who has the authority to punish the sailor, a Navy reservist. Saluting during the national anthem is a daily ritual for men and women in the military. Here's a look at the protocol behind it.
Three hurt in US school shooting after teen suspect kills father
A teenage gunman, who injured three people at a South Carolina elementary school before being arrested, carried out the attack after killing his father, local officials said. The teen, whom the authorities did not identify, shot two boys -- one in the leg, the other in the foot -- as well as a teacher in the shoulder at Townville Elementary in the west of the southeastern US state, area officials told reporters. "The investigation is in initial stages... it's going to be a very slow, methodical and meticulous investigation," Captain Garland Major of the Anderson County Sheriff's Office said.
California officer guns down refugee in 'shooting stance'
The fatal police shooting of a Ugandan refugee who drew something from his pocket and extended his hands in a "shooting stance" happened about a minute after officers in a San Diego suburb arrived ...
Peres to lie in state as Israel honours last founding father
The body of Shimon Peres is to lie in state outside Israel's parliament on Thursday as the world pays tribute to a statesman whose funeral is expected to draw leaders from around the globe. The ex-president and Nobel Peace Prize winner died on Wednesday at the age of 93 after suffering a stroke. US President Barack Obama, one of many world leaders expected to attend Peres's funeral on Friday, paid tribute to a friend who "never gave up on the possibility of peace".
Oil prices surge after OPEC's surprise output cut deal
Oil prices surged Thursday after the OPEC producers' group surprised the market with a deal to slash output. At the end of six hours of negotiations and weeks of horse trading, OPEC announced the plan to cut production to a level of 32.5-33 million barrels per day (bpd) from 33.47 billion, bpd in August, the International Energy Agency (IEA) said. The informal meeting was held on the sidelines of an IEA meeting in a bid to stabilise prices that have been battered by a stubborn supply glut since 2014.
The underground pipeline shaping North Korea's new capitalists
By Ju-min Park SEOUL (Reuters) - As the United States and other nations grasp for new ways to sanction Pyongyang in response to its latest nuclear test, some North Korean defectors see investment in its rudimentary market economy as a way to foment gradual change from within. One defector living in South Korea uses a clandestine funding channel to send hundreds of thousands of dollars to help dozens of North Koreans open small businesses, such as noodle shops and grocery stores. Last year, he shipped more than 3,000 Chinese LED desk lamps, chargeable with 12-volt solar panels, to three North Korean entrepreneurs. The defector, who escaped through China in the early 2000s, has also sent acupuncture needles, handbags, hair dye, vitamins and lingerie procured cheaply or through donations.
Congress passes funding bill averting government shutdown
By David Morgan and Richard Cowan WASHINGTON (Reuters) - The U.S. Congress approved a stop-gap funding bill on Wednesday that averts a looming federal government shutdown and provides urgently needed money to help battle an outbreak of the Zika virus. Passage of the bipartisan legislation came shortly after Republicans and Democrats ended a months-long fight over whether Washington should provide aid to the city of Flint, Michigan, as it struggles with a crisis over contaminated drinking water. Separate legislation was approved by the House of Representatives earlier in the day setting aid for Flint.
32 people missing in China landslides following typhoon