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Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady

TOKYO, May 8, 2025 (AP) — Asian shares rose moderately Thursday after a lackluster finish on Wall Street, with most shares ticking higher after the Federal Reserve left its main interest rate unchanged, as was widely expected. Japan’s benchmark Nikkei 225 edged up 0.2% in morning trading to 36,863.15. Australia’s S&P/ASX 200 added 0.2% to 8,190.40. South Korea’s Kospi rose 0.3% to 2,581.62. Hong Kong’s Hang Seng surged 0.8% to 22,864.74, while the Shanghai Composite gained 0.8% to 3,342.66. Investors continue to watch with trepidation President Donald Trump ‘s comments about the trade imbalance, as well as the reactions from

Over 30 per cent of girls, 13 per cent boys in India sexually violated before age 18: Lancet

New Delhi, May 8 (PTI) (May 8) Over 30 per cent of girls and 13 per cent of boys in India experienced sexual violence before turning 18 years old in 2023, according to an analysis published in The Lancet journal. Estimating the prevalence of sexual violence against children in over 200 countries between 1990 and 2023, the study found that the highest rates were recorded in south Asia for girls — ranging from 9.3 per cent in Bangladesh to 30.8 per cent in India. Around the world, about one in five girls and one in seven boys are estimated to

India strikes Pakistan over tourist killings, Pakistan says it will retaliate

MUZAFFARABAD, Pakistan/NEW DELHI, May 7 (Reuters) – India hit Pakistan and Pakistani Kashmir with missiles on Wednesday and Pakistan said it had shot down five Indian aircraft and vowed to retaliate, in the worst fighting in more than two decades between the nuclear-armed neighbours. India said it struck nine “terrorist infrastructure” sites, some of them linked to an attack by Islamist militants on Hindu tourists that killed 26 people in Indian Kashmir last month. Pakistan said at least 26 people had been killed on Wednesday and that India “had ignited an inferno in the region”. Islamabad pledged to respond “at

Rupee falls 45 paise to close at 84.80 against US dollar on heightened cross-border tensions

Mumbai, May 7 (PTI) The rupee depreciated 45 paise to close at 84.80 (provisional) against the US dollar on Wednesday, as heightened cross-border tensions following India’s military strikes against terrorist camps in Pakistan and Pakistan-Occupied Kashmir weighed on the domestic currency. Indian armed forces on early Wednesday carried out missile strikes on nine terror targets in Pakistan and Pakistan-Occupied Kashmir including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba’s base in Muridke. The military strikes were conducted under Operation Sindoor two weeks after the Pahalgam attack that killed 26 civilians. Forex traders said the Indian rupee declined on Wednesday after the

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