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Asian shares trade mixed and gold jumps more than 4% after the Fed keeps rates unchanged

TOKYO (AP) — Asian shares were mixed Thursday as a wait-and-see attitude dominated in regional markets following the Federal Reserve's decision to keep its key interest rate unchanged.

That was expected, and Fed Chair Jerome Powell said interest rates look to be “in a good place” for now.

Gold jumped another 4.6%, trading at $5,545 per ounce and silver was up 4.1%. The dollar weakened against the Japanese yen and oil prices rose.

Gains for some technology companies reporting strong earnings failed to give shares in Tokyo much of a lift as the Nikkei 225... Read More

EU appears poised to sanction Iran's Revolutionary Guard over protest crackdown

BRUSSELS (AP) — The European Union appeared poised Thursday to sanction Iran’s paramilitary Revolutionary Guard over Tehran’s deadly crackdown on nationwide protests, further squeezing the Islamic Republic as it worries over a threat by U.S. President Donald Trump to potentially launch a military strike against it.

America has moved the USS Abraham Lincoln and several guided-missile destroyers into the Mideast, which can be used to launch attacks from the sea. Iran has kept up its own threats as well, saying it could launch a preemptive strike or broadly target the Mideast,... Read More

Car rams into Chabad headquarters in New York City, damaging doors

A man was arrested after repeatedly crashing his car into the Chabad Lubavitch world headquarters in New York City on Wednesday night while people were gathered for prayer at the deeply revered Hasidic Jewish site.

No one was injured when the driver struck a door of a building in the complex before reversing and striking it several more times. Police Commissioner Jessica Tisch said that while it was too early in the investigation to speculate on the driver's motives, the incident was being investigated as a possible hate crime.

“This is deeply alarming, especially... Read More

Vietnam and the EU upgrade ties as US tariffs reshape global trade

HANOI, Vietnam (AP) — Vietnam and the European Union on Thursday upgraded ties to a comprehensive strategic partnership, Vietnam’s highest diplomatic level, as both recalibrate trade amid disruptions to global finance driven by U.S. tariff pressure.

The upgrade places the EU on the same diplomatic footing as the United States, China and Russia and was announced during a visit to Hanoi by European Council President António Costa.

“At a moment when the international rules-based order is under threat from multiple sides, we need to stand side by side as reliable and... Read More

US appeals court says Noem's decision to end protections for Venezuelans in US was illegal

A federal appeals court ruled late Wednesday that the Trump administration acted illegally when it ended legal protections that gave hundreds of thousands of people from Venezuela permission to live and work in the United States.

A three-judge panel of the 9th U.S. Circuit Court of Appeals upheld a lower court ruling that found Homeland Security Secretary Kristi Noem exceeded her authority when she ended temporary protected status for Venezuelans.

The decision, however, will not have any immediate practical effect after the U.S. Supreme Court in October allowed Noem's... Read More

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Asian shares trade mixed and gold jumps more than 4% after the Fed keeps rates unchanged

EU appears poised to sanction Iran's Revolutionary Guard over protest crackdown

Car rams into Chabad headquarters in New York City, damaging doors

Vietnam and the EU upgrade ties as US tariffs reshape global trade

US appeals court says Noem's decision to end protections for Venezuelans in US was illegal

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