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SEOUL, July 28 (Reuters) – South Korea’s top financial regulator said on Tuesday that authorities would consider a cap on single-stock leveraged exchange-traded funds (ETF) investments for retail investors if needed, local media reports said. Lee Eog-weon, chairman of the Financial Services Commission, told a meeting with local brokerages and asset managers in Seoul that the regulator would review and prepare additional measures to curb the demand for the ETF […]

SANTIAGO, Chile (AP) — More than half a century passed before some measure of justice was served over the weekend for the murder of popular Chilean singer-songwriter Víctor Jara. Chilean police on Saturday arrested a retired military colonel who had been a fugitive for three years after being convicted of kidnapping and murdering Jara during Chile’s military dictatorship and sentenced to 25 years in prison. Despite the arrest, the musician’s […]

WASHINGTON (AP) — The Trump administration is preparing to ramp up funding by hundreds of millions of dollars for programs designed to counter China’s growing influence around the world, after it had put a halt to many of those initiatives last year during a flurry of budget and personnel cuts. The administration notified Congress late last week that it intends to spend $175.8 million to replace outdated and aging undersea […]

WASHINGTON (AP) — A former Olympian charged with deliberately damaging the the Lincoln Memorial Reflecting Pool is seeking access to all of the closed-door testimony that led to his indictment, pointing to “irregularities” in those grand jury proceedings. In a court filing Monday, David Hearn’s attorneys requested an order for the government to turn over a complete transcript of all grand jury proceedings. They also want prosecutors to disclose the […]

PORTLAND, Ore. (AP) — Part of a major interstate highway in Oregon was closed Monday due to a wildfire that forced a small town to evacuate, one of dozens of blazes burning across the state. The Fox Fire forced the closure of Interstate 84 for some 70 miles (113 kilometers) between Baker City and Ontario near the Idaho state line before reopening later in the day, the Oregon Department of […]

By Ishaan Arora July 28 (Reuters) – Oil prices fell 1% on Tuesday as market participants continued to weigh a pause in U.S. strikes on Iran, which has raised hope of a diplomatic solution to their conflict and the normalisation of Middle East energy flows. Brent crude futures were down $0.54, or 0.6%, at $87.82 by 0046 GMT. U.S. West Texas Intermediate crude was at $81.95 a barrel, down $0.66, […]

By Heekyong Yang SEOUL, July 28 (Reuters) – South Korean chip stocks slumped on Tuesday, with Samsung Electronics and SK Hynix falling as much as 9.5% and 10.9%, respectively, as investors dumped AI-related bets amid mounting concerns over financing risks tied to AI infrastructure spending and intensifying competition from China. SK Hynix’s U.S.-listed shares had already slumped overnight, closing at $143.02, below their initial public offering price of $149. The […]

CHICAGO (AP) — New York Yankees outfielder Cody Bellinger will be sidelined for four to six weeks with a Grade 2 left hamstring strain. Bellinger was placed on the 10-day injured list on Sunday, a day after he got hurt running the bases during a 3-1 win at Philadelphia. He had more tests on Monday in New York that revealed the extent of the injury. “So the good thing is […]

Artist Betye Saar, whose work reflected Black identity, culture and spirituality, died Sunday morning in Los Angeles at 99. Saar’s death was confirmed Monday by relatives. She would have turned 100 this week. A central figure of the 1960’s Black Art Movement, Saar pioneered assemblage, or sculptures made of found objects, and reclaimed Jim Crow-era memorabilia as powerful totems of Black liberation. “Her symbolically rich body of work has evolved […]