World shares mostly higher after China cuts key rate | Ap | thederrick.com

2022-08-19 19:55:47 By : Ms. Selina Tang

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A person wearing a protective mask walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

A person wearing a protective mask rides a bicycle along an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

People wearing protective mask walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

A staff wearing a protective mask cleans an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

A person wearing a protective mask walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

A person wearing a protective mask walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

A person wearing a protective mask rides a bicycle along an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

People wearing protective mask walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

A staff wearing a protective mask cleans an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

A person wearing a protective mask walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Aug. 15, 2022, in Tokyo. Shares were mixed in Asia on Monday after China's central bank cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.

BANGKOK (AP) — World shares were mostly higher early Monday after China's central bank cut a key interest rate and Japan reported its economy picked up momentum in the last quarter.

U.S. futures edged lower and oil prices fell more than $2. Paris, Frankfurt, Tokyo and Sydney advanced while Hong Kong and Shanghai fell.

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Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

LOS ANGELES — Drummer Travis Barker has COVID-19, contracting the virus nearly two months after he was hospitalized for pancreatitis.

Alaskans went to the polls this week for the first time using a new ranked choice system that’s already under attack by a number of the politicians competing within it, and voters, in interviews, offered wide-ranging reviews.

Abortion opponents and abortion rights advocates together spent more than $22 million on a ballot question this month in Kansas, and famed film director and producer Steven Spielberg contributed to the successful effort to affirm abortion rights. The campaign was over a proposed amendment to the Kansas Constitution that would have allowed the Republican-controlled Legislature to further restrict or ban abortion. Finance reports filed by 40 groups and individuals with the state showed that abortion rights supporters spent $11.3 million on their campaign to defeat the measure. Abortion opponents who pushed the measure spent nearly $11.1 million. Spielberg and his actress wife Kate Capshaw each contributed $25,000 to the no campaign.

The operators of a Tucson nightclub have won a $1.6 million settlement against the landlord who locked them out of their business during the pandemic. The Arizona Daily Star reported Thursday that a jury in Pima County Superior Court sided earlier this month with Congress Street Clubs, the owners of Zen Rock nightclub. They awarded money to cover value of the terms left on the lease and for renovations and equipment costs. An attorney for the landlord declined to comment. In the lawsuit, the owners say they closed in March 2020 per Gov. Doug Ducey’s executive order. They could not pay rent for several months because of pandemic restrictions.

A divided Louisiana Supreme Court says a north Louisiana mayor can run for reelection, despite providing incorrect information about his voting address in his qualifying papers. Friday's 4-3 ruling reverses two lower courts that had ruled against Shreveport Mayor Adrian Perkins, who owns two residences in the city. A Shreveport resident had sued to knock Perkins off the Nov. 8 ballot because his qualifying papers falsely indicated that he is registered to vote at the address where he claims a homestead tax exemption. The majority held that state law does not provide for disqualification of a candidate under that circumstance.

Charlene Curtis, the first Black women’s head basketball coach in the ACC, has died. She was 67, and died after a battle with cancer, the conference announced. Curtis was the head coach at Wake Forest from 1997-2004, after head coaching stops at Radford and Temple, where she also was the first African-American head women’s basketball coach. She worked in the ACC league offices for 11 years, retiring in 2019 as the supervisor of officials for women’s basketball. Curtis played basketball at Radford shortly after the passage of Title IX in 1972 and become that school’s first 1,000-point scorer and a member of its Hall of Fame.

Helio Castroneves will return next year for a 26th full season in IndyCar. He has signed a one-year contract extension with Meyer Shank Racing. The additional season was announced ahead of Saturday night's race outside of St. Louis on the final oval on this year's IndyCar schedule. Castroneves has been outstanding at World Wide Technology Raceway and is hoping for a big finish to mark what has been an inconsistent season with MSR. But the results haven't mattered so much as Castroneves has proven to be a sponsor's dream and gives the team an automatic shot to win the Indianapolis 500.

Singer Loudon Wainwright III has been writing about aging before he had any real concept of what that meant. Now he's turned 75, and the songwriter's first collection of new compositions in eight years is loosely themed on hitting that milestone and the wisdom the years offer. Of course, the man Rolling Stone magazine once called the “poet laureate of family dysfunction” can't resist writing about family, too. He does so most prominently in a laugh-out-loud funny song about a man who craves a vacation from, not with, his family. The folk patriarch, looking back on a half-century of making music, says "it’s been great.''

A Florida grand jury empaneled after a deadly mass shooting at a Parkland high school has recommended that four members of that school board be fired. The grand jury in a report released Friday called on Gov. Ron DeSantis to suspend Broward County school board members Patricia Good, Donna Korn, Ann Murray and Laurie Rich Levinson. It also criticized former Superintendent Robert Runcie and former board member Rosalind Osgood, who is now a state senator. The grand jury has been investigating circumstances surrounding the 2018 shooting at Parkland's Marjory Stoneman Douglas High School that left 17 dead. The board members did not immediately respond to requests for comment nor did DeSantis.

The New York Giants have had a rash of injuries at center in training camp. Since camp opened in late July, New York has seen five centers hurt at some point. Coach Brian Daboll says the Giants will not have starter Jon Feliciano and backups Ben Bredeson, Garrett McGhin, Jamil Douglas and Shane Lemieux for Sunday's preseason game against Cincinnati. The injuries will force Max Garcia, who had been running with the first team at left guard, to move to center.

Transportation Secretary Pete Buttigieg is telling airlines to do a better job of helping stranded travelers or they will face new regulations. Buttigieg wants airlines to provide lodging for passengers stranded overnight. He also says they should give out meal vouchers when flights are delayed three hours or longer. That's if the disruption is caused by something in the airline’s control. Buttigieg wrote to the CEOs of most leading U.S. airlines in letters that the Transportation Department released Friday. Airline trade groups did not comment immediately. Buttigieg has been sparring with the airlines since late spring over high numbers of canceled and delayed flights. The airlines and federal agencies have blamed each other for the flight disruptions.

Walmart, the nation’s largest employer, is expanding its abortion coverage for employees after staying largely mum on the issue for months following the Supreme Court ruling that scrapped a nationwide right to abortion. In a memo sent to employees on Friday, the company said its health care plans will now cover abortion for employees “when there is a health risk to the mother, rape or incest, ectopic pregnancy, miscarriage or lack of fetal viability.” In Arkansas, where Walmart is based, abortion is banned under all circumstances unless the procedure is needed to protect the life of the mother in a medical emergency. There are no exceptions for rape or incest.

Authorities say three people were killed after two small planes collided in Northern California while trying to land at a rural airport. The Santa Cruz County Sheriff’s Office said in a statement Friday that the names of those killed Thursday at the Watsonville Municipal Airport will be released once their families have been notified. Federal Aviation Administration officials said that there were two people aboard a twin-engine Cessna 340 and only the pilot aboard a single-engine Cessna 152 during the crash. The city-owned airport does not have a control tower to direct aircraft landing and taking off. The airport accounts for about 40% of all general aviation activities in the Monterey Bay area, according to the City of Watsonville’s website.

“Quiet quitting” has struck a nerve. It means more time for friends, family and personal pursuits, not to mention a side hustle. But the latest workplace trend has drawbacks.

A candidate who narrowly lost a Republican congressional primary by 74 votes has filed for a recount. Charity Barry said Thursday she was pursuing a recount after running second to attorney Erik Olson in the 2nd District primary Aug. 9. The liberal-leaning 2nd District covers a swath of southern Wisconsin. The GOP winner will face Democratic Rep. Mark Pocan in November. Meanwhile, Republican Adam Steen said he would mount a write-in challenge to Assembly Speaker Robin Vos. Steen, a political newcomer, narrowly lost to Vos after Steen was endorsed by Donald Trump over Vos’ refusal to pursue decertification of the 2020 election.

Jacksonville Jaguars receiver Laviska Shenault is scheduled to make his preseason debut against Pittsburgh Saturday night. It might also serve as an audition for the rest of league. That’s because Shenault is fighting for a roster spot. A second-round draft pick in 2020, Shenault has 121 receptions for 1,219 yards and five touchdowns in two seasons. But the Colorado standout nicknamed “Hulk Viska” is in a position battle that’s down to four guys vying for two spots. Shenault, Jeff Cotton, Tim Jones and Laquon Treadwell are trying to make the team behind Christian Kirk, Zay Jones and Marvin Jones.

A Florida utility has been fined $500,000 and placed on three years’ probation for a 2017 deadly explosion at a coal-fired power plant that killed five workers. The U.S. Justice Department said in a news release Friday that Tampa Electric Co. also must adhere to a new safety compliance plan. The fine is the maximum allowed for such violations. The explosion at TECO’s Big Bend plant near Tampa happened when an effort was made using high-pressure water to clear a slag byproduct that accumulates in tanks under the coal-fired furnaces. The workers died and several more were injured when they were sprayed with molten slag.

The home of the Air Force Falcons turns 60 this season. Falcon Stadium has provided quite an advantage given its higher elevation. That’s especially true in the 15 seasons under coach Troy Calhoun as his teams have gone 66-23 inside the picturesque stadium. The Falcons and their option offense boast a strong returning nucleus. The list includes fullback Brad Roberts, linebacker Vince Sanford and offensive lineman Isaac Cochran. They each earned a spot on the preseason All-Mountain West team. Air Force is predicted to finish second behind Boise State in the Mountain Division of the conference. The Falcons open by hosting Northern Iowa on Sept. 3.

This week’s new entertainment releases include fresh music from DJ Khaled and his celebrity pals, an HBO documentary about the unending toll Hurricane Katrina had on New Orleans' children and a film starring Sylvester Stallone as an aged superhero. The quirkily titled BritBox miniseries “The Thief, His Wife & The Canoe” is based on the real-life story of a former prison officer whose get-rich scheme went far afield of what he promised his spouse. And in “Samaritan,” the 76-year-old Stallone pays a man with superhuman strength living anonymously as a garbage collector.

Sex toys and shoes? Try, sex toys IN shoes. A little streetwear label has partnered with a giant in the adult toy industry to create a shoe derived in part from unused and defective amusements that might otherwise go to the landfill. Plastic Soul is about 15% sex toy. The rest is non-bleach EVA. The shoe is the brainchild of David Teitelbaum, founder of Rose in Good Faith, and Chad Braverman, chief operating officer for Doc Johnson, a granddaddy in adult toys. The shoes were introduced last month but have not been one of those sold-out-in-seconds phenoms like the titans of sneaker culture.

NEW YORK — All I want for Christmas is you — to call me the “Queen of Christmas.”

A high-ranking representative from the Biden administration is set next week to make his first official trip to India since the start of Russia’s invasion of Ukraine. Amid tensions over India’s neutral stance on the invasion that began in late February, the U.S. wants the meetings to focus on how to deepen ties with the South Asian nation. Treasury Deputy Secretary Wally Adeyemo will travel to Mumbai and New Delhi for meetings with Prime Minister Narendra Modi’s office, the finance ministry, the Reserve Bank of India, and the Ministry of Petroleum and Natural Gas, among others.

CHICAGO — R. Kelly’s attorney on Friday began to cross-examine the key witness in his Chicago federal trial, a woman who now says she was the young teenager seen on an infamous sex tape that led to Kelly’s indictment on child pornography charges two decades ago.

Former Olympic diver Jan Hempel has accused the German swimming federation of failing to heed his complaints of being sexually abused for years by former coach Werner Langer. Hempel represented Germany at four Olympic Games. He says Langer repeatedly abused him for 14 years starting in 1982, when he was 11 years old. Hempel tells news agency DPA that “the federation suggested to me that if I spread that around, it would put our sport in danger and then you can’t take part in your sport anymore." Hempel first made his allegations against Langer on Thursday in a documentary by public broadcaster ARD, which also documented other former swimmers’ allegations of abuse by unnamed coaches across the sport.

Chelsea manager Thomas Tuchel has been fined 35,000 pounds  ($41,000) and given a one-match touchline ban over his scuffle with Tottenham counterpart Antonio Conte after Sunday’s Premier League derby. Conte was fined 15,000 pounds ($18,000) but avoided a touchline ban after both managers admitted improper conduct in the 2-2 draw at Stamford Bridge. Tuchel’s touchline ban has been suspended temporarily, though, pending the full written reasons for the decision. That allows the Chelsea manager to take his place in the dugout for Sunday’s Premier League game at Leeds.

New coach John Wroblewski is itching to leave his hotel room in Buffalo, New York, and finally rejoin the U.S. women's hockey team in Denmark. The team is preparing to compete at the world championships next week. Wroblewski is in isolation after testing positive for COVID-19, and says he's aiming to leave on Monday. Wroblewski was hired in May. He has been tasked with shaping a team that's settled for silver in its past two international competitions. The Americans open the 10-nation tournament against Japan on Thursday.

Gavin Green hit a couple of eagles to break the course record with a 9-under 63 Friday and take a three-shot lead after the second round of the Czech Masters. Green eagled the par-5 first and 10th holes and added five birdies in his flawless round for a 14-under total of 130 at the Albatross Golf Resort near Prague. He also made a couple of eagles in the opening round on Thursday but they were accompanied by three bogeys as well four birdies. Two-time champion Thomas Pieters, England’s Richard Mansell and Germany’s Marcel Schneider are all tied for second.

Russia’s state-owned energy company Gazprom says a key pipeline conveying natural gas to Europe will shut down for three days at the end of this month to undergo “routine maintenance.” In a statement posted online on Friday, Gazprom said that the only operational turbine at a key compressor station along the Nord Stream 1 pipeline, which links Western Russia and Germany, will shut down for routine maintenance from August 31 to September 2. Gazprom said that once work is completed, the flow of gas through Nord Stream 1 will resume at its prior level of 33 million cubic meters, or just 20% of the pipeline’s nominal capacity.

Algerian firefighters have extinguished all but one of over 50 wildfires that ravaged the country this week. The fires in the North African nation left at least 37 people dead and consumed crops and cork forests. The state news agency says Friday that four people have been arrested on suspicion of setting fire to crops in the El Tarf region, the epicenter of the fires. Algeria’s prime minister says the larger problem was the exceptional heat and winds that fanned the flames across the region. Similar extreme weather and fires have hit countries around Europe this summer.

The armorer who was on the New Mexico set of the movie “Rust” when cinematographer Halyna Hutchins died after being struck by a gunshot last year is blasting the Santa Fe Sheriff’s Office for what she sees as a faulty investigation.

Russia's Gazprom says key pipeline conveying natural gas to Europe will shut down 3 days for 'routine maintenance.'

Social media users shared a range of false claims this week. Here are the facts: An IRS job posting for an armed special agent position does not apply to most potential new employees that the IRS will hire in the coming years. The virus that causes polio has been detected in New York sewage samples, not tap water. Los Angeles County disqualified signatures on petitions calling for a vote to recall its district attorney, not ballots or ballot signatures. Denmark hasn't banned COVID-19 vaccines for children.

A judge has declined to block a section of a Georgia election law that bans handing out food and water to voters waiting in line. The provision is part of a sweeping elections overhaul passed by Georgia lawmakers last year. Voting rights groups argued that the provision infringes their free speech rights and should be immediately blocked while a legal challenge is pending. U.S. District Judge J.P. Boulee said the voting rights groups may ultimately prevail on part of their challenge, but he said it’s too close to the election to block any part of the provision. The 74-page order issued Thursday means that the provision will remain in effect for the closely watched November general election.

North Carolina’s highest court found problems Friday with the way that legislators advanced a voter identification mandate that was subsequently approved by citizens on the 2018 ballot, but the justices stopped short of striking it down.  The North Carolina Supreme Court ruled Friday that a lower court should hold more hearings to consider whether the voter ID mandate and a second constitutional amendment should be nullified because the lawmakers who put them on the ballot were elected from districts tainted by illegal racial bias. The other amendment limited income tax rates. The ruling is a victory for the state NAACP, which sued Republican legislative leaders.

TAMPA, Fla. — It has been well over a month since the Atlantic Ocean has had any rumblings of tropical storm activity.

Pakistani police say a remotely detonated roadside bomb killed two policemen in a former militant stronghold in the country's northwest. A district police chief says that Friday’s attack took place in Bajur, a district in Khyber Pakhtunkhwa province that borders Afghanistan. No one immediately claimed responsibility for the bombing; a search for the perpetrators is underway. Bajur served as a sanctuary for the Pakistani Taliban until the military declared the region was cleared of local and foreign militants following a series of military operations in 2010. However, isolated militant attacks have continued there in the past several years.

An Arizona voter initiative expanding voting access and rolling back election laws that were tightened by the Republican-controlled Legislature and Gov. Doug Ducey is teetering on the edge of failure. That's because a judge disqualified tens of thousands of signatures that backers turned in to qualify the Democrat-backed Free and Fair Elections measure for the November ballot. An attorney representing the measure's opponents says his analysis shows the measure falling about 10,000 signatures short. But the lawyer for the measure's backers said his team was still analyzing the complicated ruling and the secretary of state was awaiting final verification of signatures. Two other initiatives survived legal challenges but appeals are pending. Thursday's ruling could also be appealed.

New Texas Tech coach Joey McGuire says his job is to accelerate the process to win a Big 12 title. Tech finished 7-6 overall last year. McGuire is already building a solid foundation in his first college head coaching job. The Texas native won three high school championships before his transition to college coaching the past five years at Baylor. The season opener Sept. 3 against Murray State is the first of seven home games for the Red Raiders. Texas Tech will face No. 9 Oklahoma, No. 10 Baylor and Texas all at home.

The Justice Department under Attorney General William Barr improperly withheld portions of an internal memorandum Barr cited in publicly announcing that then-President Donald Trump had not committed obstruction of justice in the Russia investigation. That's the ruling by a federal appeals panel Friday. The department had argued the 2019 memo represented the private deliberations of its own lawyers before any decision had been formalized, and was therefore exempt from disclosure. A federal judge disagreed, ordering the Justice Department to provide it to a government transparency group that had sued for it. Last year, the Biden administration appealed that ruling. Appellate judges said Friday their ruling should be interpreted as a “narrow” one.

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