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Japan’s Nikkei 225 index topped 68,000 for the first time on Wednesday after U.S. stocks pushed further into record territory. The dollar briefly surpassed 160 Japanese yen before slipping back slightly. Oil prices rose more than $1 a barrel. Buying of technology shares linked to the boom in artificial intelligence has been driving rallies worldwide. By midmorning, the Nikkei 225 was up 2.2% at 68,172.89. Shares in computer chip equipment […]

BANGKOK, June 3 (Reuters) – Cambodia is betting on a little-used UN arbitration process known as “compulsory conciliation” to resolve a long-running maritime boundary dispute with Thailand and unlock what it says are billions of dollars in potential oil and gas resources. WHAT IS THE CAMBODIA-THAILAND DISPUTE ABOUT? For more than 25 years, Cambodia and Thailand have both laid claim to about 26,000 sq km of sea in the Gulf […]

TOKYO (AP) — A tropical storm dumped heavy rain and raised flood risks around east-central Japan as it moved into the heavily populated Tokyo region Wednesday. Heavy rain already paralyzed street traffic in the city, hundreds of flights were cancelled and train services were suspended or delayed. More than 5,000 homes lost power, according to Tokyo Electric Power Company Holdings, which serves the capital region. In downtown Tokyo, residents near […]

WASHINGTON (AP) — The Supreme Court on Tuesday allowed Alabama to use a congressional map favoring Republicans in this year’s elections, blocking a lower court ruling that the redistricting plan intentionally discriminates against Black people. The justices granted the state’s emergency appeal to use a map it adopted three years ago that has a majority-Black population in just one of its seven congressional districts. The three liberal justices dissented. The […]

NEW YORK (AP) — Jill Biden says she’s sorry she didn’t talk more about her son Hunter’s drug addiction during her time in the White House, explaining that she now realizes that being open about his substance abuse and his recovery can offer hope to others in the same situation. In a wide-ranging interview with “The View” co-host Whoopi Goldberg to promote her White House memoir, the former first lady […]

By Sudarshan Varadhan and Colleen Howe SHANGHAI, June 3 (Reuters) – Atlas Renewable Energy, one of South America’s largest clean power generators, has put plans for $1 billion in new investments in Brazil on hold as the national grid operator has periodically rejected renewable power, CEO Carlos Barrera said. Atlas – owned by BlackRock unit Global Infrastructure Partners – had planned the projects last year and this year, Barrera said, […]

(AP) – BUSINESS HEADLINES Wall Street inches to more records thanks to booming AI stocks NEW YORK (AP) — The U.S. stock market inched to more records as winners of the artificial-intelligence boom kept driving higher. The S&P 500 rose 0.1% Tuesday. The Dow Jones Industrial Average added 0.4%, and the Nasdaq composite edged up by less than 0.1%. All three indexes set all-time highs. Marvell Technology leaped to its […]

WASHINGTON (AP) — Secretary of State Marco Rubio says he’s optimistic about the potential for a resumption in nuclear talks with Iran despite a shaky ceasefire in the war that’s looking increasingly in doubt. Rubio told lawmakers Tuesday the Iranians have agreed to negotiate on nuclear points they had not been willing to address in the past. Rubio wouldn’t offer an assessment on what those talks might produce and added […]

LOS ANGELES (AP) — For well over a decade now, general manager Les Snead and the Los Angeles Rams have consistently pulled off the aggressive, audacious moves that every NFL fan wishes their team would make. Their latest deal is among the biggest and the riskiest — and it’s totally their style. Myles Garrett walked into the Rams’ training complex in Woodland Hills on Tuesday after LA gave up budding […]