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Stocks Drop After Fed Comments As Mideast Fears Lift Crude

Equities fell Thursday after the Federal Reserve warned Donald Trump's trade war could reignite US inflation and dampen economic growth, while oil rose on Middle East concerns as investors awaited developments in the Israel-Iran conflict.

China Downplayed Nuclear-capable Missile Test: Classified NZ Govt Papers

China tried to mislead foreign governments in 2024 by playing down the importance of a nuclear-capable missile test over the Pacific Ocean, New Zealand diplomats privately warned in documents obtained by AFP. Beijing sent shivers through the South Pacific in September 2024, when its elite Rocket Force fired a dummy warhead into the high seas near French Polynesia.

G7 Leaders Urge Trump To Ease Off Trade War

World leaders at the Group of Seven summit in Canada on Monday pushed US President Donald Trump to back away from his punishing trade war, arguing that it poses a risk to global economic stability.

France Shuts Israeli Weapons Booths At Paris Air Show

Geopolitical tensions roiled the opening of the Paris Air Show on Monday as French authorities sealed off Israeli weapons industry booths amid the conflicts in Iran and Gaza, a move that Israel condemned as "outrageous".

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