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Ship attacked during Strait of Hormuz transit and other news from the Middle East
A ship was hit by a projectile early Tuesday as it was sailing out of the Strait of Hormuz, according to the British military's UK Maritime Trade Operations center.There was no immediate claim of responsibility but the attack highlights the ongoing danger of attempting to transit the waterway as Iran continues to throttle shipping traffic, even as it finalizes negotiations with Oman on a plan to manage the critical passage.
Here’s a look at the latest developments Monday in the Iran war and the wider Middle East. Full coverage can be found here.
Ship hit... Read More
Asian shares slip as worries about rising oil prices offset boost from strong earnings
TOKYO (AP) — Asian shares were mostly lower on Tuesday, as rising oil prices and worries about inflation countered the boost to sentiment from robust corporate earnings reports.Japan's benchmark Nikkei 225 sank 2.5% to 67,460.73.
South Korea's Kospi lost 1.6% to 6,869.83. The index has been sliding recently as investors have sold shares in the local market and invested in U.S. stocks to escape wild swings in the Kospi linked to the boom in artificial intelligence, analysts said.
Australia's S&P/ASX 200 was little changed, inching down less than 0.1% to... Read More
South Korea president stresses US alliance as many baffled by Trump order to cut exercises
SEOUL, South Korea (AP) — South Korea's president said Tuesday a solid alliance with the U.S. strengthens the foundation of national security, as many South Koreans were baffled and concerned about U.S. President Donald Trump's abrupt order to “substantially reduce” joint military exercises.Trump made the surprise announcement in a social media post just before U.S. and South Korean soldiers began Monday's annual Ulchi Freedom Shield exercises, which are largely designed to sharpen readiness against North Korean threats.
Trump cited what he said was good... Read More
A Chinese animated film mocked as âterribleâ becomes a box-office hit
The new sensation among some Chinese moviegoers is an animated film whose characters appear to have been created with rudimentary 3D animation and have been described as “ugly” and “eerie.”But it is the scathing online reviews that seem to have prompted interest in “Niu Lai,” an animated film about a calf who had a dream about himself growing up with the help of his family, driving a surprising surge at the box office.
The film earned only about 10,000 yuan ($1,480) at the box office in the first 10 days after its Aug. 5 release. On some days, the film took... Read More
Student kills schoolmate and himself in livestreamed Philippine school attack, official says
MANILA, Philippines (AP) — A high school student carrying two pistols shot to death a fellow student before killing himself Tuesday in an attack in a southern Philippine high school campus that he livestreamed using a body-worn camera, police and other officials said. It was the second fatal school shooting in the country in just two months.Hundreds of students were evacuated after shots rang out in the high school building of the Ateneo de Zamboanga university campus in the southern port city of Zamboanga. Two other people were injured, police and city officials said.
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