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Stock market today: Asia sinks after survey shows China activity weakening

Published Mon, 03 Mar 2025 04:45:27 GMT

BEIJING (AP) — Asian stock markets sank Wednesday after a survey showed Chinese industrial activity weakening.Shanghai, Tokyo, Hong Kong and Sydney retreated. Oil prices were mixed.U.S. markets were closed Tuesday for a holiday.An index of service industry activity by a leading Chinese business magazine, Caixin, weakened sharply in June, adding to signs China’s recovery following the end of anti-virus controls on business and travel is cooling. Growth in factory activity also slowed.“Without policy support, there’s a risk that weakening growth expectations could become self-fulfilling,” said Stephen Innes of SPI Asset Management in a report.The Shanghai Composite Index fell 0.4% to 3,231.08 and the Hang Seng in Hong Kong sank 1.2% to 19,185.13.Caixin’s purchasing managers’ index for services fell to 53.9 from May’s 57.1 on a 100-point scale on which numbers above 50 show activity increasing. It was the weakest reading this year.Tokyo’s Nikkei 225 lost 0...

4th of July temperatures reach 90s for a sixth time since 2000

Published Mon, 03 Mar 2025 04:45:27 GMT

Area maximum temperatures on July 4th reach as high as 94 degrees—heat indices top out at 98 degrees Wednesday to reach steamy 90s again threatening severe weather in parts of the area from 5 to 11 PM Wednesday; 20+ degree temp pullback hits Thursday; next rains due in clusters Saturday and Monday, ebbing SundayHighs reached 92 degrees at both O’Hare and Midway—2nd warmest day of 2023 to dateWarmest July 4th in five years—93 degrees in 2018“ACTINOFORM” cloudsThe reference to “ACTINOFORM” clouds appeared in a post by meteorological satellite researcher, Scott Bachmeier (https://twitter.com/CIMSS_Satellite) out of CIMSS (the Cooperative Institute for Meteorological Studies) at the University of Wisconsin-Madison.Bachmeier had spotted these “FEATHERY APPEARING” clouds on animated satellite imagery riding the low level easterly trade winds toward the Hawaiian IslandsThe “TRADE WINDS” are the prevailing low-latitude winds for which Hawaii and tropical locations are so well known. These w...

Malibu resident found guilty of over $3 million Alibaba scam

Published Mon, 03 Mar 2025 04:45:27 GMT

A former Malibu resident was found guilty of defrauding investors out of $3 million through false promises of pre-IPO stock shares of Alibaba.Frank Harold Rosenthal, 48, who currently lives in New York City, pleaded guilty to two counts of wire fraud, the U.S., Attorney’s Office announced Monday.Rosenthal is accused of scamming victims out of more than $3 million with “bogus claims he had access to stock shares of Alibaba prior to its initial public offering,” officials said.Rosenthal falsely told victims he had inside connections at Goldman Sachs that would give him special access to purchase discounted shares of Alibaba, a popular Chinese e-commerce company.With the help of a middleman, David Kunkle, Rosenthal made false claims and representations while also pressuring Kunkle to solicit funds from his relatives and acquaintances for the bogus investment opportunity, authorities said.“To lend legitimacy to his fraudulent scheme, Rosenthal negotiated and drafted loan agreements and ...

Palacios delivers a clutch double in the 9th as the Pirates rally past the Dodgers 9-7

Published Mon, 03 Mar 2025 04:45:27 GMT

LOS ANGELES (AP) — Pinch-hitter Josh Palacios came through with a tiebreaking two-run double in a three-run ninth inning that rallied the Pittsburgh Pirates to a 9-7 victory over the Los Angeles Dodgers on Tuesday night to snap a three-game skid.Dodgers reliever Evan Phillips struck out Carlos Santana, then issued consecutive walks to Jack Suwinski and Nick Gonzales. Suwinski scored on Jared Triolo’s single that tied it at 7.Palacios batted for Rodolfo Castro and doubled into left field, scoring Gonzales and Triolo for a 9-7 lead.The Pirates bounced back after pinch-hitter Jonny Deluca’s solo homer in the eighth gave the Dodgers a 7-6 lead. David Bednar (3-0) got five outs for the win after being added to the NL All-Star roster earlier in the day as an injury replacement.James Outman slugged a pair of two-run homers, both times giving Los Angeles the lead, and Mookie Betts added his 23rd homer for the Dodgers. Jason Heyward went 2 for 3 and scored twice.Deluca batted for Heywa...

The Israeli military says its troops have withdrawn from a militant stronghold in the West Bank, ending a 2-day raid

Published Mon, 03 Mar 2025 04:45:27 GMT

JERUSALEM (AP) — The Israeli military says its troops have withdrawn from a militant stronghold in the West Bank, ending a 2-day raid.Source

Le tout sobriété-électricité, c’est pour demain

Published Mon, 03 Mar 2025 04:45:27 GMT

Notre newsletter quotidienne sur les enjeux de lobbying et de transparence en France.Par PAUL DE VILLEPINAvec ALEXANDRE LÉCHENET et LAURA KAYALIInfos, tuyaux et mini-drames à partager à @Heroceane, @DevillepinPaul, @alphoenix ou parisinfluence@politico.eu | Voir dans votre navigateurLE MENU DU JOUR— Les préparatifs autour de la loi de programmation énergie-climat avancent, on vous en donne un petit aperçu.— Coup de ciseaux sur les réseaux : les sénateurs poussent, le gouvernement temporise.— Doctolib sévit un peu contre les patients négligents.Bonjour à toutes et à tous, nombre de lecteurs connaissent sûrement cette librairie germanopratine, L’Ecume des pages. Ouverte jusqu’à minuit, cette excellente adresse lorsqu’on a oublié de se procurer un cadeau pour un dîner rive gauche, est la dernière lubie de Vincent Bolloré. Vivendi, futur propriétaire d’Hachette Livre, est entré en négociations exclusives pour racheter la grande librairie indépendante. Y trouvera-t-on donc bi...

Israel withdraws troops from West Bank militant stronghold and warns 2-day raid is not a one-off

Published Mon, 03 Mar 2025 04:45:27 GMT

By MAJDI MOHAMMED and IMAD ISSEID (Associated Press)JENIN, West Bank (AP) — The Israeli military withdrew its troops from a militant stronghold in the occupied West Bank on Wednesday, ending an intense two-day operation that killed at least 13 Palestinians, drove thousands of people from their homes and left a wide swath of damage in its wake. One Israeli soldier was also killed.The army claimed to have inflicted heavy damage on militant groups in the Jenin refugee camp in an operation that included a series of airstrikes and hundreds of ground troops.But it remained unclear whether there would be any long-lasting effect after nearly a year and a half of heavy fighting in the West Bank.Ahead of the withdrawal, Israeli Prime Minister Benjamin Netanyahu vowed to carry out similar operations if needed.“At these moments we are completing the mission, and I can say that our extensive operation in Jenin is not a one-off,” he said during a visit to a military post on the ...

Big Bay Boom: Rewatch fireworks over San Diego Bay

Published Mon, 03 Mar 2025 04:45:27 GMT

SAN DIEGO -- The Port of San Diego's 22nd Big Bay Boom fireworks celebration lit up the San Diego Bay Tuesday night.As fireworks launched simultaneously from four barges strategically placed across the bay, FOX 5 San Diego brought you all the action live so you could enjoy the largest July 4th fireworks show on the West Coast from home. FOX 5 had cameras around the bay -- on the ground and in the sky -- to give you the best view. Big Bay Boom among top July 4 fireworks in US: Yelp Up to half a million people were expected to take in the show in America's Finest City, gathering at popular vantage points like Shelter Island, Harbor Island, the Embarcadero, Seaport Village and the Coronado Ferry Landing. Fireworks were choreographed to music broadcast on 101.5 KGB.

3rd Marine Aircraft Wing Band performs national anthem for Big Bay Boom

Published Mon, 03 Mar 2025 04:45:27 GMT

SAN DIEGO -- Fifty Marines from the 3rd Marine Aircraft Wing Band performed the national anthem for the 2023 Big Bay Boom.The performance was held at the Epstein Family Amphitheater on the campus of University of California, San Diego. Marines on a mission: Meet the Big Bay Boom national anthem performers The group made Big Bay Boom history, becoming the first non-solo act to sing the national anthem.Watch the performance in the player above.

Armed mobs rampage through villages and push remote Indian region to the brink of civil war

Published Mon, 03 Mar 2025 04:45:27 GMT

KANGVAI, India (AP) — Zuan Vaiphei is armed and prepared to kill. He is also ready to die.Vaiphei spends most of his days behind the sandbag walls of a makeshift bunker, his fingers resting on the trigger of a 12-gauge shotgun. Some 1,000 yards ahead of him, between a field of tall green grass and wildflowers, is the enemy, peering from parapets of similar sandbag fortifications, armed and ready.“The only thing that crosses our mind is will they approach us; will they come and kill us? So, if they happen to come with weapons, we have to forget everything and protect ourselves,” the 32-year-old says, his voice barely audible amid an earsplitting drone of cicadas in Kangvai village that rests along the foothills of India’s remote northeastern Manipur state.Dozens of such sandbag fortifications mark one of the many front lines that don’t exist on any map and yet dissect Manipur in two ethnic zones – between people from hill tribes and those from the plains below. Two months ago, Vaiphe...