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Stock market today: Asian shares trade mixed as investors look ahead to economic data

Published Wed, 26 Feb 2025 18:43:26 GMT

TOKYO (AP) — Asian shares were trading mixed Tuesday as investors looked ahead to a week that could see more swings in financial markets, including key reports on U.S. consumer confidence and the job market. Japan’s benchmark Nikkei 225 reversed course and added 0.3% in afternoon trading to 30,796.81. Australia’s S&P/ASX 200 gained 0.1% to 6,780.70. South Korea’s Kospi lost 1.3% to 2,280.48. Hong Kong’s Hang Seng shed 1.0% to 17,059.78, while the Shanghai Composite declined 0.4% to 3,008.37.Japan’s central bank changed its language on yields Tuesday, allowing the yields on its 10-year government bonds to increase above 1%, calling it “a reference point” instead of a more rigidly set cap. “The Bank judges that it is appropriate to increase the flexibility in the conduct of yield curve control so that long-term interest rates will be formed smoothly in financial markets in response to future developments,” the Bank of Japan said in a statement.At the end of...

Cutting-edge AI raises fears about risks to humanity. Are tech and political leaders doing enough?

Published Wed, 26 Feb 2025 18:43:26 GMT

LONDON (AP) — Chatbots like ChatGPT wowed the world with their ability to write speeches, plan vacations or hold a conversation as good as or arguably even better than humans do, thanks to cutting-edge artificial intelligence systems. Now, frontier AI has become the latest buzzword as concerns grow that the emerging technology has capabilities that could endanger humanity. Everyone from the British government to top researchers and even major AI companies themselves are raising the alarm about frontier AI’s as-yet-unknown dangers and calling for safeguards to protect people from its existential threats.The debate comes to a head Wednesday, when British Prime Minister Rishi Sunak hosts a two-day summit focused on frontier AI. It’s reportedly expected to draw a group of about 100 officials from 28 countries, including U.S. Vice President Kamala Harris, European Commission President Ursula von der Leyen and executives from key U.S. artificial intelligence companies including OpenAI, Go...

Kazakhstan urges prompt establishment of European Investment Bank office in Astana

Published Wed, 26 Feb 2025 18:43:26 GMT

Kazakh Deputy Prime Minister and Foreign Minister Murat Nurtleu expressed the country’s interest in attracting investment from the European Investment Bank (EIB) and prompt opening of an office in Astana at an Oct. 23 meeting with EIB Vice President Teresa Czerwińska in Luxembourg, reported the ministry’s press service, writes Saniya Sakenova in Business, International.This office can significantly expand the EIB’s investment portfolio and its presence in the region, Nurtleu said, urging the bank to consider the possibilities for closer cooperation in green financing and the exchange of innovations with the Astana International Financial Centre.The EIB regards Kazakhstan as a key partner in Central Asia, Czerwińska said, mentioning four loans worth €269.5 million ($284.2m) issued to date to support the development of the local private sector by providing financial access to small and medium-sized enterprises, while incentivizing them to implement more sustainable and environmentally...

Garoppolo accepts blame for poor performance in Las Vegas loss to Detroit

Published Wed, 26 Feb 2025 18:43:26 GMT

DETROIT (AP) — Jimmy Garappolo didn’t try to dodge the blame Monday night.He knew that his poor performance was the biggest reason the Las Vegas Raiders couldn’t pull off an upset on the road against the Detroit Lions.In his return from a back injury, Garappolo only completed 10 passes for 126 yards and threw a key first-half interception. “There are good days and bad days in this league, and that was definitely a bad one,” he said after the Raiders’ 26-14 loss. “There is no sugarcoating it — I needed to be better to give my teammates a chance.”In the first quarter, with the Lions leading 3-0, Las Vegas linebacker Josh Masterson stripped receiver Josh Reynolds, giving the Raiders the ball at the Detroit 26.On the next play, Garoppolo looked for Davante Adams down the right sideline, but the pass floated into the arms of Lions safety Kerby Joseph in the end zone.Despite missing time, Garoppolo leads the NFL with nine interceptions.“There are a lot of things that go ...

D’Angelo Russell comes up big with 12 points in 4th quarter of Lakers’ 106-103 win over Orlando

Published Wed, 26 Feb 2025 18:43:26 GMT

LOS ANGELES (AP) — D’Angelo Russell scored 12 of his 28 points in the fourth quarter, LeBron James added nine of his 19 in the final period, and the Los Angeles Lakers rallied for a 106-103 victory over the Orlando Magic on Monday night.Anthony Davis had 26 points and 19 rebounds for the Lakers, who handed Orlando its first loss of the season by finishing on a 12-5 run in the final four minutes.“What you guys see is a team figuring it out,” Russell said. “This isn’t the product that it will be in a month or two from now. Every game matters. Every clutch situation matters. Every practice matters. So we’re figuring it out.”The Magic nursed a lead throughout the fourth quarter until James put the Lakers ahead by one on a 3-pointer with 2:27 to play. Jalen Suggs replied with his third 3-pointer of the night, but Russell hit another 3-pointer with 1:43 to go.Both teams missed two shots apiece before Suggs’ shot in the lane was smothered by Davis and rebounded by Christian Wood with 13 se...

Congreso de Perú aprueba el viaje de la presidenta Boluarte a Estados Unidos

Published Wed, 26 Feb 2025 18:43:26 GMT

(CNN Español) — Este lunes, con 65 votos a favor, 42 en contra y cinco abstenciones el Congreso de Perú aprobó el viaje de la presidenta Dina Boluarte a Estados Unidos. La visita será del 1 al 4 de noviembre para asistir a la Cumbre inaugural de líderes de la Alianza de las Américas para la Prosperidad Económica (APEP).Tras la autorización, Boluarte agradeció al Congreso por haberle dado el permiso.¿Reunión con Joe Biden?Durante su conversación con la prensa local este lunes, Boluarte dijo que le habían informado que tenía una reunión confirmada con el presidente Joe Biden. “Trabajaremos y conversaremos sobre el plan Perú para esa lucha frontal contra el narcotráfico, por ejemplo, entre otros intereses que el país tienen para buscar mayor y mejores inversiones”, adelantó la mandataria.Juan Sebastián Gonzalez, director senior para el hemisferio occidental del Consejo de Seguridad Nacional de EE.UU. y asesor de Biden para asuntos de América Latina, señaló a RPP que “el president...

Zibanejad scores in OT as Rangers beat Jets 3-2 for 5th straight win

Published Wed, 26 Feb 2025 18:43:26 GMT

WINNIPEG, Manitoba (AP) — Mika Zibanejad scored 4:34 into overtime, and the New York Rangers beat the Winnipeg Jets 3-2 on Monday night for their fifth straight win.Rangers forward Artemi Panarin celebrated his 32nd birthday with a goal and two assists, stretching his season-opening point streak to nine games. Chris Kreider scored his sixth goal for New York, and Igor Shesterkin stopped 27 shots.The Rangers closed out a 5-0 road trip. It was the first time in franchise history that the team had a perfect trip of at least five games.David Gustaffson and Nikolaj Ehlers scored for the Jets in front of 11,898 fans at Canada Life Centre, the second-highest attendance of the season.Cole Perfetti had two assists and Connor Hellebuyck made 23 saves for Winnipeg, which is riding a five-game point streak (3-0-2).BRUINS 3, PANTHERS 2, OTBOSTON (AP) — Pavel Zacha scored with 84 seconds left on the clock in overtime and Boston rallied from two goals to beat Florida.Brad Marchand and Charlie McAv...

Raymond scores in overtime to lift Red Wings to 4-3 win over Islanders

Published Wed, 26 Feb 2025 18:43:26 GMT

NEW YORK (AP) — Lucas Raymond scored 1:25 into overtime to give the Detroit Red Wings a 4-3 victory over the New York Islanders on Monday night.Daniel Sprong, Jake Walman and J.T. Compher also scored for the Red Wings, who trailed 2-0 in the third period and snapped a three-game skid (0-2-1). Ville Husso stopped 37 shots.“Overall it was a good game, You have to be happy with the win,” Raymond said. ”This shows a lot about our team.”Casey Cizikas, Brock Nelson and Bo Horvat had goals for the Islanders, who had won two straight. Sorokin finished with 32 saves.In the extra period, after the Islanders failed to clear the puck in their end of the ice, Raymond got a return pass from Compher and beat Sorokin from the right side for his third goal of the season. “It’s a big win for us,” Red Wings coach Derek Lalonde said. ”You’ve got to keep playing and trying and pushing the right way. And for the most part throughout tonight, we did. I thought we got what we ...

Marchessault, Theodore lift Golden Knights to 3-2 shootout win over Canadiens

Published Wed, 26 Feb 2025 18:43:26 GMT

LAS VEGAS (AP) — Jonathan Marchessault and Shea Theordore scored in the shootout and the Vegas Golden Knights beat the Montreal Canadiens 3-2 Monday night.Paul Cotter and William Carrier scored in regulation, and Adin Hill made 37 saves as the Golden Knights improved to a league-best 9-0-1.Sean Monahan and Nick Suzuki scored for Montreal. Sam Montembeault made 24 saves.The Golden Knights went to overtime for the third game in four nights, after losing to the Blackhawks in the extra period on Friday and winning a shootout in Los Angeles on Saturday.“They took it to us, they came to play their game,” Cotter said about the Candiens, who finished October 5-2-1. “We got to remember that as reigning champs we got something to prove every night and every team’s going to give us their best. They came out strong and I think we took a while to bounce back.”Jack Eichel had a chance to win the game for Vegas in the extra period with a penalty shot after Suzuki tried to stop him on a breakaway, ...

Michael Carcone scores 3 times as Arizona Coyotes pound Chicago Blackhawks 8-1

Published Wed, 26 Feb 2025 18:43:26 GMT

TEMPE, Ariz. (AP) — Michael Carcone had three goals and an assist in his first career hat trick, and the Arizona Coyotes pounded Connor Bedard and the Chicago Blackhawks 8-1 on Monday night.Bedard scored 28 seconds into the game, and then it was all Arizona. “It’s pretty crazy, I’m not going to lie,” Carcone said about his hat trick. “It’s definitely emotional for me. I’m proud of myself and proud of my linemates. Wake up tomorrow and move on. You can’t sit on this kind of stuff.” Jack McBain had two goals and two assists for the Coyotes, who were coming off consecutive losses to the Los Angeles Kings in which they gave up 11 goals and failed to protect a 4-1 lead in a 5-4 loss Friday.Carcone scored 2:23 into the first on a shot from a severe angle near the goal line, starting a three-goal period for Arizona.“You could see that game against LA left a few scars,” Coyotes coach Andre Tourigny said. “They scored on the first shift, but then we got a fortunate stick to score a a big goa...