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Asian shares are mostly higher after Wall Street breaks its winning streak

May 6, 2025 (AP) Shares were mostly higher early Tuesday in Asia after benchmarks fell on Wall Street, snapping a nine-day winning streak. Oil prices bounced back slightly from a 4-year low and U.S. stock futures slipped. A monthly survey measuring future activity in China’s services sector fell to its lowest level ever, excluding the pandemic, in a further sign the escalation of U.S. President Donald Trump’s trade war is hitting the world’s second-largest economy. A drastic increase in tariffs on U.S. imports of Chinese products, to 145%, has caused a sharp drop in shipping and other logistics. “Overall optimism

India’s leader Modi touted all was well in Kashmir. A massacre of tourists shattered that claim

SRINAGAR, India, May 6, 2025 (AP) — Hundreds of Indian tourists, families and honeymooners, drawn by the breathtaking Himalayan beauty, were enjoying a picture-perfect meadow in Kashmir. They didn’t know gunmen in army fatigues were lurking in the woods. When the attackers got their chance, they shot mostly Indian Hindu men, many of them at close-range, leaving behind bodies strewn across the Baisaran meadow and survivors screaming for help. The gunmen quickly vanished into thick forests. By the time Indian authorities arrived, 26 people were dead and 17 others were wounded. India has described the April 22 massacre as a

Trump within his rights to negotiate on tariff, India capable of working out decent deal: Rahul Gandhi

New Delhi, May 5 (PTI) Congress leader Rahul Gandhi has said that US President Donald Trump is well within his rights to state that he wants to change the tariff structure, and India must negotiate right back as it is more than capable enough of working out a decent deal. Gandhi made these remarks on April 21 during an interactive session at the Watson Institute for International and Public Affairs at Brown University in the US. The video of the interaction was uploaded on the YouTube channel of the Watson Institute for International and Public Affairs on Saturday. Gandhi shared

Next Chief Justice Gavai to hear pleas challenging Waqf Act on May 15

New Delhi, May 5 (PTI) The Supreme Court on Monday said the pleas challenging the Waqf (Amendment) Act’s constitutional validity will now be taken up by a bench headed by Chief Justice of India-designate Justice B R Gavai on May 15 as the incumbent CJI will be demitting office on May 13. As soon as a bench comprising Chief Justice Sanjiv Khanna and Justices Sanjay Kumar and K V Viswanathan assembled for the hearing, the CJI said, “There are certain aspects which you (Centre) dealt with, but that require clarification. I do not want to reserve any judgment or order

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