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By Stella Qiu SYDNEY, May 20 (Reuters) – Asian stocks extended a losing streak on Wednesday as war-driven inflation fears hammered bonds, while investors awaited earnings from Nvidia to see whether the world’s most valuable company might be able to help markets navigate higher borrowing costs. The sell-off in global bond markets persisted as investors ramped up bets that the Federal Reserve may need to increase interest rates this year. […]

If the NBA had screenwriters, not even they could come up with a start this good to the conference finals. Victor Wembanyama has 41 points and 24 rebounds. San Antonio goes into Oklahoma City and beats the defending champion Thunder. New York trails by 22 points with about eight minutes left in regulation, then beats Cleveland. Both games go to overtime, a conference finals first. And the score at the […]

Major League Baseball is experiencing an epidemic of (mostly) guys being dudes. At ballparks all across the country, groups consisting of mostly young men are joining in on the “Tarps Off” trend that’s loud, goofy, infectious and new to the baseball world. Joining in on the fun is simple: Go to the section where the party is happening, take off your shirt and start twirling it above your head. Soccer-like […]

SEOUL, South Korea (AP) — Management and union leaders at Samsung Electronics failed to reach a last-minute deal over wages Wednesday, raising prospects for a strike at the South Korean electronics giant that could rattle global semiconductor supplies and the country’s trade-dependent economy. Government officials have threatened to invoke rarely used emergency powers to force a settlement at Samsung, where the union, which represents about 74,000 workers, says the company […]

BEIJING (AP) — Chinese leader Xi Jinping welcomed Russian President Vladimir Putin in Beijing on Wednesday in a meeting meant to reaffirm ties and that takes place only days after a visit by U.S. President Donald Trump to China. Xi welcomed Putin with a ceremony at the Great Hall of the People. The two delegations later held bilateral talks, to be followed by a ceremony for signing cooperation agreements. Putin’s […]

By David Morgan May 19 (Reuters) – A hardline Republican congressman and a former college football coach who has never held elective office advanced to a runoff on Tuesday in Georgia’s U.S. Senate Republican primary election, extending a messy intra-party battle to determine who will face Democratic Senator Jon Ossoff in the November general election. • U.S. Representative Mike Collins led former University of Tennessee football coach Derek Dooley 40.5%-30% […]

May 20 (Reuters) – Ties between Russia and China are at an unprecedented level, President Vladimir Putin told his Chinese counterpart Xi Jinping in Beijing on Wednesday, and invited him to visit Russia next year. (Reporting by Jekaterīna Golubkova in Tokyo; Editing by Jacqueline Wong) Brought to you by www.srnnews.com

BEIJING, May 20 (Reuters) – China will buy 200 Boeing jets and seek an extension of the trade agreement with the United States reached in Kuala Lumpur last year, the Chinese Commerce Ministry said on Wednesday. The U.S. will provide China with supply guarantees for aircraft engine parts and components under the Boeing deal, the ministry said. The ministry also said the two sides will seek reciprocal tariff cuts on […]

By Florence Tan and Humeyra Pamuk SINGAPORE/WASHINGTON, May 20 (Reuters) – Two Chinese tankers laden with oil exited the Strait of Hormuz on Wednesday, shipping data showed, brightening hopes that the U.S.-Israeli conflict with Iran may soon be resolved after positive comments from the U.S. president and his deputy. President Donald Trump said on Tuesday the war would be over “very quickly” while Vice President JD Vance talked up progress […]