Global stocks mixed after US retail data offset rate fears | Health, Medicine and Fitness

By JOE McDONALD – AP Business Writer BEIJING (AP) — Global stock markets were mixed and Wall Street futures were down on Wednesday after positive U.S. retail sales data helped offset concerns the Federal Reserve may be considering new rate hikes to calm inflation. London and Frankfurt opened lower. Tokyo and Seoul advanced, while Shanghai … Read more

China Fights Economic Crisis, Sticks to Costly ‘Zero COVID’ | Health, Medicine and Fitness

By JOE McDONALD – AP Business Writer BEIJING (AP) — Chinese leaders are struggling to reverse an economic recession without giving up anti-virus tactics that have shut down Shanghai and other cities, adding to challenges for President Xi Jinping as he tries to extend his term in power. The ruling Communist Party has said its … Read more

China Fights Economic Crisis, Sticks to Costly ‘Zero COVID’ | Health, Medicine and Fitness

By JOE McDONALD – AP Business Writer BEIJING (AP) — Chinese leaders are struggling to reverse an economic recession without giving up anti-virus tactics that have shut down Shanghai and other cities, adding to challenges for President Xi Jinping as he tries to extend his term in power. The ruling Communist Party has said its … Read more

South Korea’s new leader offers support if North denuclearizes | Health, Medicine and Fitness

By HYUNG-JIN KIM and KIM TONG-HYUNG – Associated Press SEOUL, South Korea (AP) — Yoon Suk Yeol, a conservative political neophyte, took office as South Korea’s new president on Tuesday with a vow to pursue a negotiated settlement of North Korea’s threatening nuclear program and a offer of a “bold plan” to improve Pyongyang’s economy … Read more

New SKorea leader offers support if North Korea denuclearizes | Health, Medicine and Fitness

By HYUNG-JIN KIM – Associated Press SEOUL, South Korea (AP) — South Korea’s new president has said he will lay out “a bold plan” to improve North Korea’s economy if denuclearized. Yoon Suk Yeol made the offer during a speech at his inauguration ceremony in Seoul on Tuesday. Yoon says the door of dialogue will … Read more

Live Updates | EU chief calls for Russian oil ban | Health, Medicine and Fitness

By The Associated Press BRUSSELS — The European Union’s chief executive proposes that the bloc ban oil imports from Russia over its war on Ukraine and target the country’s biggest bank and major broadcasters in a new round of sanctions . European Commission President Ursula von der Leyen told European lawmakers on Wednesday that the … Read more