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Asian stocks mostly higher after Wall Street hits record and oil steadies

HONG KONG (AP) - Asian stocks mostly gained while oil prices steadied Thursday over expectations of an extension of a ceasefire in the Iran war and hopes for more talks between the U.S. and Iran. Tokyo's Nikkei 225 jumped 2.4% to 59,549.59. South Korea's Kospi ...
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Live Nation illegally monopolized the market for tickets, jury finds

(NEW YORK) -- Live Nation illegally monopolized the market for tickets, protecting its position through pressure and leverage, jurors in Manhattan federal court found Wednesday.This is a developing story. Check back for updates.Copyright © 2026, ABC Audio. All rights reserved.
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China’s economy grows at 5% in first quarter, shrugging off initial impact of Iran war

HONG KONG (AP) - China's economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far, according to data released Thursday. The January-March data released by the government, covering ...
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The ‘becoming Chinese’ meme shows China’s soft power moment is here

BANGKOK (AP) - Have you "become Chinese"? In recent months, 20-somethings around the world have taken over social media with posts enthusing about how they're embracing Chinese ways of life. Videos proclaiming users are "Chinamaxxing," or "in a very Chinese time of their lives" - ...
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The Media Line: Why Is the Strait of Hormuz Under Pressure, What Is Actually Blocked, and Why Is the Red Sea Back in the Conversation? 

Why Is the Strait of Hormuz Under Pressure, What Is Actually Blocked, and Why Is the Red Sea Back in the Conversation? Pressure on a narrow waterway now threatens global energy flows while the Red Sea remains exposed to renewed disruption By Steven Ganot ...
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Japan, US agree to intensify communication on exchange rates

By Leika Kihara WASHINGTON, April 15 (Reuters) - Japan and the U.S. agreed to intensify communication on exchange rates, Japanese Finance Minister Satsuki Katayama said after her meeting with U.S. Treasury Secretary Scott Bessent on Wednesday. Katayama, who is visiting Washington for the International Monetary Fund ...
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Ford’s advanced EV-and-tech chief to leave the company 

By Nora Eckert April 15 (Reuters) - Doug Field, a Tesla and Apple veteran who has led Ford Motor's electric-vehicle and technology efforts for nearly five years, is leaving the automaker. Ford said Wednesday that Field, who most recently was the chief EV, digital, and ...
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Pentagon approaches automakers, manufacturers to boost weapons production, WSJ reports

April 15 (Reuters) - Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives of companies including General Motors and Ford Motor, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions. The preliminary ...
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BofA’s trading desk avoided a single daily loss in Q1 amid market turmoil

NEW YORK (AP) - The market volatility of the last three months, caused partly by the war in Iran, has been a boon to Wall Street, as another set of banks reported strong profits helped by wild swings in markets and companies looking to ...
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Middle East war damage to energy assets may cost up to $58 billion, research firm Rystad says

April 15 (Reuters) - The Middle East conflict could saddle the region with as much as $58 billion in repair costs for energy-linked infrastructure, with oil and gas facilities alone accounting for up to $50 billion, according to a report by Rystad Energy. The estimate ...
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IMF cautions countries against broad fuel subsidies to deal with war-driven energy shock

By Andrea Shalal WASHINGTON, April 15 (Reuters) - The war in the Middle East has intensified strains on an already fragile global fiscal situation, with higher interest rates and rising energy prices already fueling calls for support from emerging markets and developing economies, the International ...
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As energy costs rise, some states back off ambitious climate goals

ALBANY, N.Y. (AP) - Seven years ago, New York lawmakers set ambitious goals for slashing greenhouse gas emissions with clarion calls about saving the future. Now, with slow progress made and political realities shifting, Gov. Kathy Hochul is seeking a delay, saying she wants ...
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