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TAIPEI, May 11 (Reuters) – Taiwan is “confident” in the stable development of its ties with the U.S. and Washington has repeatedly said its policy towards the island will not change, Foreign Minister Lin Chia-lung said on Monday of U.S. President Donald Trump’s upcoming China trip. Trump will be in Beijing from Wednesday to Friday for a summit with Chinese President Xi Jinping where the issue of democratically governed Taiwan, […]

By Nayera Abdallah, Elwely Elwelly and Idrees Ali DUBAI/WASHINGTON, May 11 (Reuters) – President Donald Trump’s swift rejection of Iran’s response to a U.S. peace proposal sent oil prices surging higher on Monday amid concerns the 10-week-old conflict will drag on, keeping shipping through the Strait of Hormuz paralyzed. Days after the U.S. floated an offer in the hopes of re-opening negotiations, Iran on Sunday released a response focused on […]

MONTEVIDEO, Uruguay (AP) — With just under a month until the FIFA World Cup kicks off, thousands of people are filling Argentine plazas strategizing to win a different game that has become a beloved part of the quadrennial competition: collecting and trading stickers to complete the official World Cup stickerbook. For more than half a century, Panini stickerbooks have been a treasured part of the World Cup experience, with schools, […]

The Detroit Tigers placed outfielder Kerry Carpenter on the 10-day injured list on Sunday with a left shoulder sprain. Carpenter was injured crashing into the sidewall in right field on Bobby Witt Jr.’s inside-the-park home run on Saturday night in the host Royals’ 5-1 victory. In a corresponding move, the Tigers selected the contract of third baseman Gage Workman from Triple-A Toledo. Detroit made room on the 40-man roster by […]

TOKYO, May 11 (Reuters) – Countries must keep fiscal spending targeted and temporary as broad-based, persistent stimulus could increase inflationary risks and compel central banks to raise interest rates, the head of the Bank for International Settlements (BIS) said in an interview with Japan’s Nikkei newspaper. Prolonged disruptions in the Middle East could also pose risks to global financial stability with rising public debt in the last 15 years increasingly […]

San Antonio Spurs star center Victor Wembanyama was ejected from Sunday night’s playoff game against the Timberwolves in the second quarter after throwing an elbow into the face of Minnesota’s Naz Reid. Wembanyama grabbed a rebound and was trying to protect the ball from two Timberwolves during Game 4 of the Western Conference second-round series. Then he turned and unleashed a vicious right elbow into the chin of Reid and […]

TOKYO, May 11 (Reuters) – Nintendo’s shares fell 8% in Tokyo on Monday after the company hiked Switch 2 prices and as the market frets over a lack of high-profile games to build momentum. Nintendo posted robust hardware sales for the financial year ended March but, while the company is known for its conservative forecasts, its outlook for this year underwhelmed the market. The Kyoto-based firm extended the life of […]

By Antoni Slodkowski BEIJING, May 11 (Reuters) – The families of two Americans imprisoned in China for more than a decade are urging President Donald Trump to seek their release during his summit with Chinese leader Xi Jinping this week. The cases involve Dawn Michelle Hunt, 54, a Chicago-area artist and former flight attendant, and Nelson Wells Jr., 52, a Louisiana native and father of three, who were convicted on […]

May 10 (Reuters) – Apollo Global Management has held talks to sell MidCap Financial Investment, its publicly listed business development company focused on private-credit fund, the Wall Street Journal reported on Sunday, citing people familiar with the matter. Apollo values the fund, known as MFIC, and its portfolio at about $3 billion, the report added. (Reporting by Akanksha Khushi in Bengaluru; Editing by Sumana Nandy) Brought to you by www.srnnews.com