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BEIJING (AP) — It is said that Empress Dowager Cixi once dreamed of a pastry during the final decades of imperial China. The same treat was served to her at breakfast the following morning. Delighted, she summoned her chef and rewarded him with a silver ingot. “It was originally called ‘minced pork pancake,’ but because it had fulfilled her dream, it later became known as ‘dream pastry,’” said Zhou Tong, […]

Aug 19 (Reuters) – Australia’s competition regulator has executed a search warrant on WiseTech Global for documents related to the supply of global logistics services and software, the company said on Wednesday. Shares of the logistics software provider tumbled more than 12% to A$38.05 after the news, putting them on course for their steepest one-day drop since late June. WiseTech said it intended to fully cooperate with the investigation conducted […]

By Tom Westbrook SINGAPORE, Aug 19 (Reuters) – Global bond yields hovered near their highest for decades on Wednesday, as fears over swelling sovereign debt pushed borrowing costs higher and rattled stock markets worldwide. The yield on the U.S. long bond hit its highest in nearly 20 years on Tuesday, at 5.3371%, before steadying around 5.28% in Asia on Wednesday. The 10-year and 30-year bund yields hit their highest since […]

GUWAHATI, India (AP) — Rojo Neog left his house in India’s Assam state on the evening of July 19 to buy candles after heavy rain knocked out electricity. As he rode back on his bicycle, the Dikhow River suddenly rose and the current intensified. The floodwaters swept him away, and his body was found three days later, said his niece Priyakshi Gogoi, who lives nearby. Gogoi said floodwaters around her […]

SEOUL, South Korea (AP) — The South Korean and U.S. militaries have agreed to shorten their drills at the U.S.’s request, South Korean officials said Wednesday, days after President Donald Trump ordered cuts to the exercises. The allies’ summertime Ulchi Freedom Shield exercises began Monday morning for an 11-day run, just after Trump ordered his Pentagon chief to “substantially reduce” them. Trump cited what he said was a good relationship […]

Trey Mancini, the 2021 American League Comeback Player of the Year after beating cancer, announced his retirement Tuesday. Mancini, 34, played five games for the Los Angeles Angels this season before being designated for assignment on June 17. Mancini missed the 2020 season while defeating Stage 3 colon cancer before making his return in 2021, hitting 21 homers and driving in 71 runs in 147 games for the Baltimore Orioles. […]

By Jiaxing Li HONG KONG, Aug 19 (Reuters) – The U.S. dollar drifted near multi-month lows against major peers on Wednesday as Treasury yields eased from recent highs, with investors awaiting minutes of the Federal Reserve’s latest policy meeting for clues on the path of interest rates. The euro inched higher to $1.1577, remaining close to the two-month high touched earlier this week. Sterling was little changed at $1.3533, holding […]

GREENBELT, Md. (AP) — A former senior adviser to infectious disease expert Dr. Anthony Fauci pleaded guilty Tuesday to plotting to conceal federal records related to research on the origins of the deadly COVID-19 pandemic. Dr. David Morens is scheduled to be sentenced Nov. 12 by U.S. District Judge Paula Xinis in Greenbelt, Maryland. Morens pleaded guilty to conspiring to defraud the U.S. government, a felony punishable by a maximum […]

Aug 18 (Reuters) – U.S. President Donald Trump has chosen White House policy aide Heidi Overton to lead the Food and Drug Administration, according to a source familiar with the matter. Overton, who is currently deputy director of the White House domestic policy council, previously worked at think tank America First Policy Institute.  She received her medical degree from the University of New Mexico, trained in general surgery at Johns […]