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Asia markets suffer fresh rout as Hong Kong, dollar dive

Wednesday, February 10, 2016 11:45pm

Hong Kong riot police walk along a cordoned-off street on February 9, 2016 following overnight clashes between protesters and police in the Mongkok areaAsian markets extended their rout and the dollar hit 15-month lows against the yen Thursday after Federal Reserve boss Janet Yellen raised concerns about the global economy, essentially quashing the chances of another US rate hike any time soon. Hong Kong led a broad sell-off across the region, while an ongoing supply glut and production splurge saw oil prices sink below $27 a barrel. Dealers continued their flight to safe investments that has played out across trading floors from Asia to the Americas this week as they fret about a possible global recession.


On The Tee: Spieth wants a trophy for himself

Wednesday, February 10, 2016 11:43pm

FILE- In this Feb. 2, 2015, file photo, country music star Jake Owen, left, talks with his playing partner Jordan Spieth, right, on the third tee of the Monterey Peninsula Country Club Shore Course during the first round of the AT&T Pebble Beach National Pro-Am golf tournament in Pebble Beach, Calif. Some see this tournament as a burden. The rounds can approach six hours because they are played in foursomes with amateurs. Spieth, who has played the last two times with Owen, says "This week, it's so unique and it's so much fun." (AP Photo/Eric Risberg, File)PEBBLE BEACH, Calif. (AP) — If his match earlier this week was any indication, Jordan Spieth could be in trouble at the AT&T Pebble Beach Pro-Am.


AP news guide: A look at the turmoil in Ferguson

Wednesday, February 10, 2016 11:43pm

Attorney General Loretta Lynch pauses as she speaks during a news conference at the Justice Department in Washington, Wednesday, Feb. 10, 2016, about Ferguson, Missouri. The federal government sued Ferguson on Wednesday, one day after the city council voted to revise an agreement aimed at improving the way police and courts treat poor people and minorities in the St. Louis suburb. (AP Photo/Carolyn Kaster)FERGUSON, Mo. (AP) — The U.S. Department of Justice is suing the city of Ferguson after the City Council failed to approve an agreement that sought to address concerns about police and municipal court practices in the St. Louis suburb.


Kurdish fighters capture military air base in northern Syria

Wednesday, February 10, 2016 11:42pm

In this photo released by the Syrian official news agency SANA, Syrians gather in a street that was hit by shelling, in the predominantly Christian and Armenian neighborhood of Suleimaniyeh, Aleppo, Syria, April 11, 2015. Russia has proposed a March 1, 2016, ceasefire in Syria, U.S. officials said Feb. 10, but Washington believes Moscow is giving itself and the Syrian government three weeks to try to crush moderate rebel groups. The U.S. has countered with demands for the fighting to stop immediately, the officials said. Peace talks are supposed to resume by Feb. 25. The conflict has killed more than a quarter-million people, created Europe’s biggest refugee crisis since World War II and allowed the Islamic State to carve out its own territory across parts of Syria and neighboring Iraq. (AP Photo/SANA)BEIRUT (AP) — An opposition activist group and a rebel say Kurdish fighters and their allies have captured a military air base in northern Syria.


Nokia Q2 profit surges to $560 million buoyed by licenses

Wednesday, February 10, 2016 11:41pm

HELSINKI (AP) — Telecommunications and wireless equipment maker Nokia Corp. says fourth-quarter profit grew more than 50 percent on a slight increase in sales, buoyed by income from licensing fees.

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