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Stock market today: Asian shares fall as Wall Street retreats, ending record-setting rally

Published Wed, 26 Feb 2025 21:22:22 GMT

Asian shares fell Thursday after Wall Street hit the brakes on its big rally following disappointing corporate profit reports and warnings that the market had surged too far, too fast.U.S. futures rose while oil prices dipped as data showed an unexpected increase in U.S. inventories.Tokyo’s Nikkei 225 index fell 1.5% to 33,171.43, with Japanese automaker Toyota leading losses on the benchmark, falling as much as 3.9%. The company said Wednesday it is recalling 1 million vehicles over a defect that could cause airbags not to deploy, increasing the risk of injury.That came on top of news that Toyota small-car subsidiary Daihatsu had suspended shipments of all its vehicles in Japan and abroad after an investigation found improper safety testing involving 64 models, including some made for Toyota, Mazda and Subaru. Japanese transport ministry officials raided Daihatsu’s offices on Thursday. Australia’s S&P/ASX 200 slipped 0.4% to 7,056.30. South Korea’s Kospi shed 0.7% to 2,59...

Celtics bounce back from a tough loss to beat Kings 144-119

Published Wed, 26 Feb 2025 21:22:22 GMT

SACRAMENTO, Calif. (AP) — Jaylen Brown and Derrick White each scored 28 points to help the short-handed Boston Celtics bounce back from a disappointing loss at Golden State with a 144-119 victory over the Sacramento Kings on Wednesday night.Boston blew a 17-point lead before losing to the Warriors in overtime Tuesday night and played without leading scorer Jayson Tatum (ankle) and big man Al Horford (rest) against the rested Kings.But the Celtics looked like the far fresher team and rolled to their sixth win in seven games. Kristaps Porzingis, who missed the game against Golden State because of a calf injury, dominated the interior for Boston with 24 points, nine rebounds and six blocked shots. The shooters led by White did the rest as the Celtics made 22 of 42 3-pointers after missing 41 of 58 attempts from long range in the loss to the Warriors. De’Aaron Fox scored 29 points on his 26th birthday to lead the Kings, who had won three straight games. The teams got off to a fast...

Leonard, Clippers extend win streak to 9 by holding off Mavs rally in 120-111 victory

Published Wed, 26 Feb 2025 21:22:22 GMT

DALLAS (AP) — Kawhi Leonard and the Los Angeles Clippers are in a far better place than they were for their previous trip to Dallas last month, just after James Harden had joined their lineup.On the best run in the NBA at the moment.Leonard scored 30 points, and the Clippers held on after leading by 22, extending their win streak to nine games with a 120-111 victory over the Mavericks on Wednesday night.Norman Powell scored 21 points off the bench with Paul George sidelined by an illness, and Harden had 17 points and 11 assists. The Clippers have the NBA’s longest active win streak, tied for the league high this season, and the franchise’s longest streak since a 10-game run in 2015-16.Dallas star Luka Doncic’s franchise record of 11 consecutive games with at least 30 points ended with 28 in a sixth straight game without All-Star guard Kyrie Irving, who has a bruised right heel.Doncic recorded his sixth triple-double by getting 10 rebounds and 10 assists.When they lost 14...

Denver doctors on the ground in Israel, helping save lives with ambulance crew

Published Wed, 26 Feb 2025 21:22:22 GMT

DENVER (KDVR) — The working conditions are cramped, the threat of danger is real, and they’re half a world away from their family, friends and careers in Denver. But there’s nowhere Hanah and Alex Polotsky would rather be.“And I’m with an amazing crew. We just had a shift from 3 p.m. to 11 p.m. Just getting general calls. I am on the ICU ambulance,” Hanah Polotsky told FOX31 early Wednesday morning, via FaceTime, from her ambulance just outside Tel Aviv, Israel.FOX31 first introduced you to the married Denver doctors last week. Both signed up to volunteer with first responders in war-town Israel because they wanted to help out in the best way they knew how. Their mission is to assist with the healthcare worker shortage in that country during the Israel-Hamas war.“We saw a Russian patient with a failing heart. We saw a woman in labor,” Hanah Polotsky said.At times as close as 35 miles from Gaza City, she knows there is an ever-present threat of danger. She showed screenshots from an ...

String of Carlsbad burglaries rally slew of residents, local leaders to talk solutions

Published Wed, 26 Feb 2025 21:22:22 GMT

CARLSBAD, Calif. - Residents in the North County are raising concerns about a string of burglaries at multi-million-dollar homes. People from Encinitas to Carlsbad came together to meet with law enforcement after several break-ins were reported in the area; all of them happened in a matter of weeks. “They went through every single room in the house," shared one resident who helped organized the safety meeting while showing FOX 5 several photos of her post break-in home. The resident asked our team to withhold her name. The story behind those photos is what brought a slew of residents together Wednesday as several homes, privacy, and families lie under close surveillance. “We know they were in our house for about 35 minutes,” the resident said. Her home is just one out of five home thefts taking place in the month of December along Acuna Ct., Marmol Ct., and La Costa Avenue. "They ransacked the office, and they ransacked the master bedroom and the bath and the closet,” she said....

India’s opposition lawmakers protest their suspension from Parliament by the government

Published Wed, 26 Feb 2025 21:22:22 GMT

NEW DELHI (AP) — Dozens of opposition lawmakers suspended from Parliament by Indian Prime Minister Narendra Modi’s government for obstructing proceedings held a street protest on Thursday accusing the government of throttling democracy in the country. They briefly marched outside the Parliament building in New Delhi behind a huge “Save Democracy” banner and carried placards reading “Democracy is in danger.” The suspensions came as legislators were due to debate a contentious criminal reform bill.More than 140 opposition lawmakers were suspended from the two houses of Parliament over the past week for demanding a statement from Home Minister Amit Shah about a Dec. 13 security breach when two intruders stormed the chamber by jumping from the visitors’ gallery and releasing yellow smoke canisters. They created panic among lawmakers and disrupted parliamentary proceedings.One of the intruders jumped from seat to seat before he was overpowered by some lawmakers and security s...

China vows to keep up military pressure on the Philippines as territorial dispute grows tenser

Published Wed, 26 Feb 2025 21:22:22 GMT

BEIJING (AP) — China’s Foreign Minister Wang Yi says the country will maintain military pressure on the Philippines amid a dispute over sovereignty in the South China Sea that could involve U.S. forces defending their treaty partner.In a phone conversation Wednesday with his Philippine counterpart, Enrique A. Manalo, Wang “warned that if the Philippine side misjudges the situation, goes its own way, or even colludes with ill-intentioned external forces to continue to stir up troubles, China will defend its rights in accordance with law and respond resolutely,” the official Xinhua News Agency reported.Wang’s comments follow China’s mobilization of its coast guard and maritime militia to block Philippine supply missions to support its soldiers and fishermen. China claims sovereignty over virtually the entire South China Sea, one of the world’s most crucial waterways for shipping, putting it at odds with the Philippines, Vietnam, Malaysia, Taiwan and Brunei, who all maintain clai...

Coal mine cart runs off the tracks in northeastern China, killing 12 workers

Published Wed, 26 Feb 2025 21:22:22 GMT

BEIJING (AP) — An accident in a coal mine in China’s northeastern Heilongjiang province left 12 people dead and 13 injured, state broadcaster CCTV reported Thursday.The coal workers were in a mining cart underground that ran off the tracks, according to state media reports. The accident occurred Wednesday afternoon in Jixi city in Heilongjiang province at the Kunyuan mine and was reported by Chinese media on Thursday.China has been working to improve mine safety to combat accidents, which happen with some frequency. Last Thursday, three people died in an accident in China’s coal-producing province Shanxi. A coal mine explosion killed 11 people in Shanxi in August, and a coal mine fire in southern China’s Guizhou province killed 16 people in September.Last month, a major fire at a coal mining company building in Shanxi killed 26 people and injured dozens of others, but the blaze was not in the mine itself.The Associated Press

Uvalde school shooting evidence won’t go before grand jury this year, prosecutor says

Published Wed, 26 Feb 2025 21:22:22 GMT

DALLAS (AP) — A Texas prosecutor says a criminal investigation into police failures during the Uvalde school shooting will continue into 2024, pushing back expectations that a grand jury would convene before the end of the year. Uvalde County District Attorney Christina Mitchell said earlier this week that her staff are still examining the halting and haphazard police response to the May 2022 shooting that left 19 students and two teachers dead. Investigators sent Mitchell their preliminary findings in January and she previously said prosecutors would present evidence related to the massacre to a grand jury this year.The possibility of criminal charges against some of the nearly 400 officers who rushed to Robb Elementary School but waited more than an hour to confront and kill the shooter has hung over Uvalde since state lawmakers faulted law enforcement at every level with failing “to prioritize saving innocent lives over their own safety.” The issue has divided the close-knit comm...

EU adopts 12th package of sanctions against Russia for its continued illegal war against Ukraine

Published Wed, 26 Feb 2025 21:22:22 GMT

The Commission welcomes the Council's adoption of a 12th package of sanctions against Russia. The focus of this package is to impose additional import and export bans on Russia, combat sanctions circumvention and close loopholes.In particular, this package includes additional listings of Russian individuals and companies and new import and export bans – such as banning the export of Russian diamonds to Europe – in very close cooperation with our G7 partners. Moreover, the package tightens the implementation of the oil price cap by monitoring more closely how tankers may be used to circumvent the cap. It also includes stricter asset tracing obligations and tough measures on third-country companies circumventing sanctions.  The 12th package has these key elements:ADDITIONAL LISTINGSOver 140 additional individuals and entities subject to asset freezes. This covers actors in the Russian military and defence, including military industry companies and Private Military Companies. This...