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Investor frenzy in S. Korea over Russia treasure ship rumors

Kim Tong-Hyung and Tong-Hin Kim, Associated Press  |  Posted Jul 19th - 5:11am

A South Korean company's claim to have found a sunken Russian warship has triggered investor frenzy amid speculation the ship was carrying an enormous amount of gold when it sank 113 years ago. South Korea's financial regulator subsequently issued a warning against possible investment losses.

Global report singles out North Korea on slavery

The Associated Press  |  Posted Jul 19th - 5:03am

A new report has singled out North Korea as the country with the highest prevalence of modern slavery.

UK pound falls to lowest in 10 months as retail sales drop

The Associated Press  |  Posted Jul 19th - 4:57am

The British pound has fallen below $1.30 for the first time in ten months after disappointing retail sales news raised further questions over whether the Bank of England will raise interest rates next month.

Japan prosecutors charge Kobe Steel in fake data scandal

Yuri Kageyama, Associated Press  |  Posted Jul 19th - 4:47am

Japanese prosecutors charged major steelmaker Kobe Steel Thursday with violating laws overseeing competition in a massive faking of product quality data.

Rivers dry and fields dust, Iranian farmers turn to protest

Nasser Karimi and Mohammed Nasiri, Associated Press  |  Posted Jul 19th - 4:43am

The small group of Iranian farmers gathered around their tractors — long idle, parked at the town entrance next to a canal that once irrigated their fields but has been dry for years — and they protested, pleading for help from the government.

Jailed Audi chief seeks release pending German fraud probe

The Associated Press  |  Posted Jul 19th - 4:37am

Audi's chief executive is seeking his release from jail during an ongoing investigation of suspected fraud as part of parent company Volkswagen's diesel emissions scandal.

Zuckerberg: Holocaust deniers won't be banned from Facebook

The Associated Press  |  Posted Jul 19th - 4:13am

Facebook CEO Mark Zuckerberg says while he finds Holocaust denial "deeply offensive," he doesn't believe that such content should be banned from Facebook.

Radio Free Europe to resume broadcasts in Romania, Bulgaria

The Associated Press  |  Posted Jul 19th - 4:11am

Radio Free Europe said Thursday that it will resume news services in Romania and Bulgaria in a bid to debunk fake news and combat poor-quality journalism.

EU to hit back if US imposes tariffs on car imports

The Associated Press  |  Posted Jul 19th - 4:05am

The European Union says it is already preparing measures to retaliate against the U.S. if President Donald Trump imposes tariffs on imported cars and auto parts.

Global stocks drift lower as investors await news on trade

Youkyung Lee, Associated Press  |  Posted Jul 19th - 3:55am

Global stock markets were drifting lower Thursday as investors awaited further moves in global trade disputes with the U.S. mulling whether to impose new tariffs on autos and auto parts. Its trading partners in Europe and Asia could retaliate in kind, denting one of the key drivers of global growth.

Yemen rebels claim to target Saudi oil refinery in Riyadh

The Associated Press  |  Posted Jul 19th - 3:05am

Yemen's Shiite rebels at war with a Saudi-led coalition say they have attacked a Saudi Aramco refinery in Riyadh but the oil company said a "minor fire" that erupted there was "due to an operational incident."

Local councils go to court to stop London Heathrow expansion

The Associated Press  |  Posted Jul 19th - 3:00am

Five local government councils are going to court to stop the expansion of London's Heathrow Airport.

Tractor operator dies trying to suppress Oregon wildfire

Gillian Flaccus, Associated Press  |  Posted Jul 19th - 2:49am

A tractor operator who was killed in a wildfire that scorched 70 square miles (181 kilometers) in little more than 24 hours in the Pacific Northwest appears to have died trying to restrain it, police said.

Saudi Aramco evaluating stake in SABIC chemical firm

The Associated Press  |  Posted Jul 19th - 2:47am

Saudi Arabia's state-owned oil company Saudi Aramco says it is evaluating whether to purchase a stake in the Saudi petrochemical maker SABIC, a move that could increase its value ahead of an initial public offering.

Russians protest retirement age rise, in challenge for Putin

The Associated Press  |  Posted Jul 19th - 2:34am

Russians are protesting government plans to hike the retirement age, in a rare challenge to President Vladimir Putin's leadership.

Chinese president visits UAE amid push to increase influence

David Rising, Associated Press  |  Posted Jul 19th - 2:29am

Chinese President Xi Jinping was to arrive Thursday in Abu Dhabi on his first trip to the United Arab Emirates as the leader of China at a time when the two countries look to strengthen trade ties and expand investment.

Top German court rejects bid to block gas pipeline

The Associated Press  |  Posted Jul 19th - 2:17am

Germany's highest court has rejected a bid by an environmentalist group to block construction of the planned Nord Stream 2 pipeline, which would pump Russian gas to Germany under the Baltic Sea.

Loon's first commercial internet balloon deal is in Kenya

The Associated Press  |  Posted Jul 19th - 1:03am

Loon, the internet-delivering-balloon unit of Google-parent Alphabet, is announcing its first commercial deal.

Didi, SoftBank set up taxi-hailing joint venture in Japan

Yuri Kageyama, Associated Press  |  Posted Jul 19th - 12:29am

Chinese mobile service giant Didi Chuxing and Tokyo-based SoftBank Corp. have set up a joint venture for taxi-hailing in Japan.

Japan's June trade surplus jumps, while US dealings slip

The Associated Press  |  Posted Jul 18th - 10:53pm

Japan's trade surplus jumped 66 percent year-on-year in June on strong growth in shipments to China and other Asian countries, though exports and imports with the U.S. weakened.