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Japan's Nikkei 225 share index falls more than 7% as oil soars to $114 a barrel

BANGKOK (AP) — Japan’s benchmark Nikkei 225 index plunged more than 7% early Monday and other Asian markets also tumbled after oil prices soared to about $114 a barrel due to disruptions from the war in the Middle East, casting a shadow over economies heavily dependent on imported crude and gas from the region.

The Nikkei was down just over 7% at 51,740.46 and South Korea's Kospi sank 7.6% to 5,161.26.

Hong Kong's Hang Seng lost 2.5% and the Shanghai Composite index was down 1.1%.

Taiwan's benchmark dived 5% and other regional markets also swooned. Read More

Japan rallies late to beat Australia 4-3, clinches first place in group at World Baseball Classic

Defending champion Japan became the first nation to clinch a quarterfinal berth in the World Baseball Classic, then rallied on Masataka Yoshida's two-run homer in the seventh inning to beat Australia 4-3 on Sunday night in Tokyo and assure first place in its first-round group.

Japan advanced earlier Sunday when South Korea lost to Taiwan 5-4 in 10 innings, also at Tokyo Dome. Japan's win clinched first place in Pool C for Shohei Ohtani and the Samurai Warriors (3-0).

After completing the group Tuesday with a game against the Czech Republic (0-3), Japan will travel to... Read More

Urban salsa music pioneer Willie ColÃ³n to be remembered at New York funeral

NEW YORK (AP) — Family, friends and fans will gather Monday morning in New York to pay tribute to Willie Colón, the Grammy-nominated architect of urban salsa music and social activist who died last month at 75.

A public funeral Mass will be held at St. Patrick's Cathedral in midtown Manhattan, following a weekend of private and public visitations. His burial will be private.

The trombonist, composer, arranger and singer died on Feb. 21. The cause was not publicly announced. His family said on social media that he passed away peacefully surrounded by relatives at a... Read More

Jury selection to begin in South Florida for 5 charged in 2021 assassination of Haitian president

MIAMI (AP) — Jury selection is scheduled to begin Monday in the U.S. federal trial of five men charged in the 2021 assassination of Haitian President Jovenel Moïse.

Arcangel Pretel Ortiz, Antonio Intriago, Walter Veintemilla, Christian Sanon and James Solages are charged with conspiring in South Florida to kidnap or kill Haiti’s former leader, plus related charges. They face possible life sentences. They all pleaded not guilty.

The trial was previously set for last year, but U.S. District Judge Jacqueline Becerra in Miami agreed to delay the case because of... Read More

Iran war sends shockwaves through African fuel market and economies

NAIROBI, Kenya (AP) — Surging oil prices triggered by the war with Iran are rippling across African economies, threatening higher fuel costs, rising inflation and renewed pressure on currencies across the continent.

Africa imports most of the petroleum products it consumes, leaving many economies highly vulnerable to supply disruptions tied to tensions in the Middle East, a region central to global oil flows.

“Africa is a net importer of oil products, meaning it is heavily exposed to shocks like these,” said Nick Hedley, an energy transition research analyst at... Read More

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Japan's Nikkei 225 share index falls more than 7% as oil soars to $114 a barrel

Japan rallies late to beat Australia 4-3, clinches first place in group at World Baseball Classic

Urban salsa music pioneer Willie ColÃ³n to be remembered at New York funeral

Jury selection to begin in South Florida for 5 charged in 2021 assassination of Haitian president

Iran war sends shockwaves through African fuel market and economies

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