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World stocks edge higher before Trump speech, China congress

Kelvin Chan, Associated Press  |  Posted   Feb 28th - 2:19am

World stocks eked out modest gains and the dollar weakened against the yen on Tuesday as investors awaited a speech by President Donald Trump to the U.S. Congress.

NKorea official in Beijing after China's ban on coal imports

The Associated Press  |  Posted   Feb 28th - 2:19am

A senior North Korean diplomat arrived in Beijing on Tuesday for talks following China's ban on coal imports from its neighbor and the killing of the exiled half brother of North Korean leader Kim Jong Un.

Saudi Aramco inks $7 billion deal for Malaysian oil venture

Eileen Ng, Associated Press  |  Posted   Feb 28th - 2:19am

Oil major Saudi Aramco has signed a $7 billion deal to take a 50 percent stake in a mega Malaysian oil refinery project, in a pact expected to help Saudi Arabia increase trade in Southeast Asia.

Pakistan deploys extra police ahead of key regional summit

Asif Shahzad, Associated Press  |  Posted   Feb 28th - 2:08am

Pakistan deployed extra police forces and paramilitary units on Tuesday in the country's capital to boost security ahead of a regional summit on economic cooperation, officials said.

Divided Republicans await guidance from Trump

Erica Werner, Associated Press  |  Posted   Feb 28th - 1:52am

Flailing and divided, congressional Republicans are hoping for clarity from President Donald Trump on key issues like health care when he delivers his first speech to a joint meeting of Congress. It comes as Republicans are discovering, a month into Trump's administration, how difficult it will be to make good on their many promises now that they control Washington in full.

Trump looks to refocus his presidency in address to Congress

Julie Pace, Associated Press  |  Posted   Feb 28th - 1:46am

With his first address to Congress, President Donald Trump gets an opportunity to refocus his young administration on the economic issues that helped him get elected. His allies hope it will help him move beyond the distractions and self-inflicted wounds that he's dealt with so far.

ADB says Asia needs to double infrastructure spending

Teresa Cerojano, Associated Press  |  Posted   Feb 28th - 1:15am

Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum, the Asian Development Bank said in a report Tuesday.

5 things analysts and investors want to hear in Trump speech

Christopher S. Rugaber, Associated Press  |  Posted   Feb 28th - 1:04am

Economists and investors will be looking for one thing above all from President Donald Trump's speech to the nation Tuesday night:

Starbucks CEO says chain ready to enter Italy after 35 years

Colleen Barry, Associated Press  |  Posted   Feb 28th - 1:04am

Starbucks CEO Howard Schultz's vision for the chain was largely inspired by the coffee bars he saw on his first trip to Milan more than three decades ago. But it took the company growing to about 26,000 stores in 75 countries to win the credibility he felt necessary to make the leap into the country that gave espresso to the world.

South Korean prosecutors to indict Samsung's de facto chief

Youkyung Lee and Kim Tong-Hyung, Associated Press  |  Posted   Feb 28th - 12:44am

South Korean special prosecutors said they would indict Samsung's de facto chief Tuesday on bribery, embezzlement and other charges linked to a political scandal that has toppled President Park Geun-hye.

Growing problem: Pot lights give ham radio operators a buzz

Marina Villeneuve, Associated Press  |  Posted   Feb 27th - 11:06pm

Retired Coast Guard officer Roger Johnson sometimes notices a harsh buzz when he turns on his amateur radio, and he blames high-powered lighting used to grow pot.

China's coal consumption falls for 3rd year in a row

The Associated Press  |  Posted   Feb 27th - 10:13pm

China's consumption of coal fell in 2016 for a third year in a row, official data showed Tuesday, as the world's top polluter increasingly grapples with its massive pollution challenges.

Utah bill loosens who sees booze poured but keeps barriers

Michelle L. Price, Associated Press  |  Posted   Feb 27th - 9:42pm

In heavily Mormon Utah, a lawmaker introduced a proposal Monday allowing restaurants to stop using walls or backrooms known as "Zion Curtains" that block customers from seeing alcoholic drinks being made. Supporters say the longtime requirement helps curb underage drinking by hiding the glamour of bartending.

ADB says Asia needs to double infrastructure spending

Teresa Cerojano, Associated Press  |  Posted   Feb 27th - 8:20pm

Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum, the Asian Development Bank said in a report Tuesday.

Asia stocks advance ahead of Trump speech, China congress

Kelvin Chan, Associated Press  |  Posted   Feb 27th - 8:02pm

Asian stocks were mostly higher Tuesday after another strong finish on Wall Street as investors awaited a speech by President Donald Trump to the U.S. Congress.

Big surge for military in Trump budget, big cuts elsewhere

Andrew Taylor, Associated Press  |  Posted   Feb 27th - 7:16pm

President Donald Trump is proposing a huge $54 billion surge in U.S. military spending for new aircraft, ships and fighters in his first federal budget while slashing big chunks from domestic programs and foreign aid to make the government "do more with less."

Judge blocks California law protecting officials' privacy

Don Thompson, Associated Press  |  Posted   Feb 27th - 7:16pm

Gun owners' rights advocates are free to publish the home addresses and telephone numbers of California state lawmakers who voted for firearms restrictions, a federal judge decided Monday.

California dam spillway water shut off to clear debris

The Associated Press  |  Posted   Feb 27th - 7:04pm

California water authorities stopped the flow of water down the Oroville Dam's crippled spillway Monday, allowing workers to start clearing out massive debris that's blocking a hydroelectric plant from working.

Iranian baby with heart defect impacted by Trump doing well

Kristena Hansen, Associated Press  |  Posted   Feb 27th - 6:40pm

Physicians say a 4-month-old Iranian girl with a rare heart condition who was affected by President Donald Trump's travel ban is "out of the woods" and making good progress after her life-saving surgery last Friday.

California court expands endangered-species removal powers

Sudhin Thanawala, Associated Press  |  Posted   Feb 27th - 6:14pm

The California Supreme Court on Monday said petitioners seeking to remove a subset of coho salmon from the state's endangered species list could present new evidence to argue the listing was wrong.