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Stock market today: World shares climb after China announces market-boosting measures

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — World shares advanced Wednesday after China’s central bank announced fresh measures to boost its slowing economy and stabilize financial markets. The announcement late Wednesday pushed Hong Kong’s benchmark up 3.6%. Shares fell in Tokyo but rose in most other major markets. Oil prices advanced. In early

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Civil war turned Somalia’s main soccer stadium into an army camp. Now it’s hosting games again

By OMAR FARUK Associated Press MOGADISHU, Somalia (AP) — A stadium in Somalia’s violence-prone capital is hosting its first soccer tournament in three decades, drawing thousands of people to a facility that had been abandoned for years and later became a base for military — and even extremists — amid civil war. The competition is

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China says it’s working to de-escalate tensions in the Red Sea that have upended global trade

BEIJING (AP) — China, the world’s biggest exporter, says it is deeply concerned about tensions in the Red Sea that have upended global trade by forcing many shippers to avoid the Suez Canal. Foreign Ministry spokesperson Wang Wenbin said Wednesday that China has been in “close communication with all parties concerned and making positive efforts

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Russia accuses Ukraine of shooting down military plane, killing all 74 on board

By Andrew Carey, Radina Gigova, Katharina Krebs, Yulia Kesaieva, Anna Chernova, Olga Voitovych and Sophie Tanno, CNN (CNN) — Russia accused Ukraine of downing a Russian military plane near the Ukrainian border Wednesday, saying all 74 people on board were killed including dozens of Ukrainian servicemen being transported for a prisoner swap. The Ilyushin-76 cargo

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Russian transport plane crashes near Ukraine with 65 Ukrainian POWs on board

By The Associated Press A Russian military transport plane carrying 65 Ukrainian prisoners of war, six crew and three people accompanying them crashed on Wednesday morning in Russia’s Belgorod region near Ukraine, Russia’s Defense Ministry said. It wasn’t immediately clear what caused the crash, which occurred around 11 a.m. It was also not known if

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Heavy fighting in Gaza’s second-largest city leaves hundreds of patients stranded in main hospital

By NAJIB JOBAIN and MELANIE LIDMAN Associated Press RAFAH, Gaza Strip (AP) — Israeli forces battled Palestinian militants Wednesday near the main hospital in Gaza’s second-largest city, where medics said hundreds of patients and thousands of displaced people were trapped by the fighting. Israel has ordered residents to leave a swath of downtown Khan Younis

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German train drivers go on strike for 6 days, bringing railway traffic to a near-standstill – again

BERLIN (AP) — Germany’s train drivers have brought rail traffic to a standstill again when they began a six-day strike to push their demands in a rancorous dispute with the country’s main railway operator over working hours and pay. The strike by the GDL union, which began early Wednesday, will affect passenger services and freight

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Thai court says popular politician Pita Limjaroenrat didn’t violate law, can remain a lawmaker

By JUTARAT SKULPICHETRAT Associated Press BANGKOK (AP) — Thailand’s Constitutional Court has ruled that popular progressive politician Pita Limjaroenrat, who was blocked from becoming prime minister even though his party placed first in last year’s election, did not violate the election law and can retain his seat in Parliament. Pita had been suspended from the

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Thai court dismisses media shares case against popular progressive politician – but party’s future still in doubt

By Helen Regan and Wasu Vipoosanapat, CNN Bangkok, Thailand (CNN) — A Thai political leader who led his party to a stunning electoral victory on a campaign that threatened to shake up the country’s powerful conservative establishment has escaped being disqualified from politics but his — and his party’s — political future remains in question. Thailand’s

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Stock market today: Asian shares are mixed as Chinese shares resume their upward climb

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares were mixed on Wednesday after Japan reported its exports jumped nearly 10% in December, though shares in Tokyo declined. U.S. futures and oil prices edged higher. Chinese shares resumed their upward climb after the vice chairman of the China Securities Regulatory Commission, Wang Jiangjun,

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Coroner’s service says there are fatalities after charter plane crashes in northwest Canada

FORT SMITH, Northwest Territories (AP) — A coroner’s service in Canada’s Northwest Territories said there are fatalities from a plane crash near community of Fort Smith. The Northwest Territories Coroner’s Service did not say how many have died or give further details, saying it must first notify next of kin. There was no word yet

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Rare footage shows North Korean teens punished for watching South Korean dramas, research group claims

By Yoonjung Seo and Lucas Lilieholm, CNN Seoul, South Korea (CNN) — A South Korean research group has released rare footage that it claims shows North Korean teenagers sentenced to hard labor for watching and distributing K-dramas – which are banned in the hermit nation. The narrated footage released last Friday shows the two teens

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