South Korea’s Kospi has soared nearly 7%, topping 7,000 for the first time, as Samsung Electronics' stock jumped nearly 13% in a rally driven by expectations of strong growth in artificial intelligence. Shares in SK Hynix, another major Korean computer chipmaker, shot up 10% early Wednesday. Shares mostly rose in other Asian markets. On Wall Street, stock prices rose to records Tuesday after oil prices eased and companies kept reporting bigger profits than analysts expected. The S&P 500 climbed 0.8% to top its prior all-time high set at the end of last week. The Dow Jones Industrial Average added 356 points, or 0.7%, and the tech-heavy Nasdaq composite set its own record after rallying 1%.
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NEW YORK (AP) — A federal civil rights agency filed a discrimination lawsuit Tuesday against the New York Times, claiming that the new organiz…
GUATEMALA CITY (AP) — Guatemalan President Bernardo Arévalo on Tuesday appointed a new attorney general and head of the prosecutor's office, p…
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President Donald Trump says he is pausing the U.S. effort to guide stranded vessels out of the Strait of Hormuz to allow time for a deal to end the Iran war, but that the American forces’ blockade of Iranian ports would remain in place. Meanwhile, Chinese state media say Foreign Minister Wang Yi met with Iran’s Foreign Minister Abbas Araghchi in Beijing on Wednesday morning. Details of the meeting weren't disclosed. But it was the first time since the start of the war that Araghchi has traveled to China, whose close economic and political ties to Tehran give it a unique position of influence.
A man with multiple aliases used the name of the famed Astor family to dupe a Mexican billionaire out of around $450 million in a bogus stock-…
A former FedEx driver has been sentenced to death after he pleaded guilty to killing a 7-year-old girl he took from her Texas home while delivering a Christmas gift. Jurors decided Tuesday on the sentence for 34-year-old Tanner Horner. He had pleaded guilty to capital murder just as his trial began in Fort Worth in the 2022 killing of Athena Strand. Her body was found two days after she was reported missing in the rural town of Paradise, near Fort Worth. Horner's attorney had asked jurors to sentence Horner to life in prison and said Horner suffered from "various mental illnesses."
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KYIV, Ukraine (AP) — Russian drone and missile strikes carried out overnight and later on Tuesday killed at least 22 people and wounded more t…
AP
BUCHAREST, Romania (AP) — Romania’s pro-European coalition collapsed Tuesday after lawmakers voted against Prime Minister Ilie Bolojan, less t…
Employees of Hana Bank celebrate in a photo opportunity to mark the Korea Composite Stock Price Index (KOSPI) of over 7,000 points at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 6, 2026. (AP Photo/Lee Jin-man)
A dealer walks past near the screen showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 6, 2026. (AP Photo/Lee Jin-man)