Asian Shares Trade Mixed and Kospi Falls Nearly 4% as Oil Prices Keep Swinging

TOKYO (AP) — Asian shares were mixed Tuesday as uncertainty about what will happen with the Iran war roiled global markets. Japan’s benchmark Nikkei 225 lost 0.6% in morning trading to 60,433.79, erasing initial gains after the government reported that the economy grew for the second straight quarter in January-March, mainly due to better than …

Read more

Russia Attacks Ukraine’s Danube Port City, Ukraine Launches Drones Towards Moscow

May 19 (Reuters) – A Russian air attack damaged ⁠port ⁠infrastructure in Ukraine’s Izmail city ⁠in the early hours of Tuesday, while Russian authorities said they had ​downed four drones launched by Ukraine that were headed towards Moscow. Izmail, home to the largest Ukrainian port on ‌the Danube River, is a ‌frequently hit strategic location. …

Read more

Starbucks Korea Head Fired After Promotion Sparks Public Uproar

SEOUL, May 19 (Reuters) – South Korea’s ⁠food ⁠conglomerate Shinsegae Group ⁠has fired the head of Starbucks Korea ​after a promotion campaign sparked public uproar on the ‌anniversary of pro-democracy protests. • ‌Shinsegae, the South Korean licensee of the ⁠U.S. ⁠coffee chain, said in statement on Monday that Chairman ​Chung Yong-jin sacked Sohn Jeong-hyun, the …

Read more

Workers on New York Commuter Rail End Their Strike After Wage Deal

NEW YORK, May 18 (Reuters) – Some ⁠3,500 ⁠workers on New ⁠York’s Long Island Rail Road will ​end their strike, the first in more than three ‌decades which had brought ‌disruption to the U.S.’s busiest commuter line, ⁠after ⁠a wage deal was reached, New York Governor Kathy ​Hochul said. Rail service will resume at noon …

Read more