New York

USA: Stocks edge higher following signs of wage growth cooling

NEW YORK (AP) — Stocks are opening mostly higher on Wall Street and Treasury yields are falling on hopes that the nation’s high inflation will keep cooling after a mixed report on the job market showed that gains for workers’ pay unexpectedly slowed last month. The S&P 500 rose 0.2% early Friday, the Dow Jones Industrial Average rose 0.3% and the Nasdaq slipped 0.2%. The government reported wages for workers across the country rose 4.6% in December from a year earlier, the smallest increase since two summers ago.

UN Security Council to discuss Israeli MK Ben-Gvir's 'storming' of Al-Aqsa Mosque

04 Jan 2023; MEMO: The UN Security Council is to hold an emergency session to discuss the desecration of Al-Aqsa Mosque by far-right Israeli National Security Minister Itamar Ben-Gvir. The session was called for by the UAE and China on behalf of the Palestinian and Jordanian UN missions, and could take place tomorrow, a diplomat told the Times of Israel.

UN calls for upholding status quo in Jerusalem holy sites

UNITED NATIONS, Jan. 3 (Xinhua) -- A spokesman for the United Nations on Tuesday underscored the importance of upholding the status quo in the holy sites, in reaction to the controversial visit by Israeli National Security Minister Itamar Ben-Gvir to the flashpoint Al-Aqsa Mosque compound in East Jerusalem.

UN Secretary-General Antonio Guterres has always stressed the importance of upholding the status quo in the holy sites, "in line with the special role of the Hashemite Kingdom of Jordan," Farhan Haq, deputy spokesman for Guterres, told a regular press briefing.

USA: Dollar jumps, euro dips before Fed minutes

NEW YORK, Jan 3 (Reuters) - The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes from its December meeting, while the euro was dented by moderating inflation data.

The U.S. central bank slowed its pace of interest rate hikes to 50 basis points last month after delivering four consecutive 75-basis point hikes but stressed the need to hold rates in restrictive territory to bring down inflation.

USA: Southwest Airlines is sued for not providing refunds after meltdown

NEW YORK, Jan 3 (Reuters) - Southwest Airlines (LUV.N) has been sued by a passenger who said it failed to provide refunds to passengers left stranded when an operational meltdown led the carrier to cancel more than 15,000 flights late last month.

In a proposed class action filed on Dec. 30 in New Orleans federal court, Eric Capdeville accused Southwest of breach of contract after a fierce winter storm that swept across the United States shortly before Christmas upended the carrier's schedule.

EU imported six times energy from Russia than has India since February 2022: Indian EAM

New York, Jan 2 (PTI) External Affairs Minister S Jaishankar has said that Europe has imported six times the fossil fuel energy from Russia than India has done since February 2022 and if a USD 60,000-per-capita society feels it needs to look after itself, “they should not expect a USD 2,000-per-capita society to take a hit.”

India’s abstention on UNGA’s referral of Israeli occupation to world court exposes its ‘culpability’ in Kashmir: Pakistan

UNITED NATIONS, Jan 02 (APP):India’s abstention on a UN General Assembly’s landmark resolution calling on the International Court of Justice (ICJ) to give an opinion on the legal consequences of Israel’s illegal occupation of Palestinian territories, reflected New Delhi’s drive to pursue Israeli model of demographic engineering in Indian Illegal Occupied Jammu and Kashmir (IIOJK) to turn Muslim majority into a minority, diplomats said.

USA: General Assembly approves UN regular budget for 2023

UNITED NATIONS, Jan 1 (NNN-XINHUA) – The General Assembly on Friday approved an annual regular budget for the United Nations of about 3.396 billion U.S. dollars.
 
   The 2023 budget is higher than that of 2022, which stood at 3.122 billion dollars.
 
   The regular budget covers UN activities across a range of areas, including political affairs, international justice and law, regional cooperation for development, human rights and humanitarian affairs, and public information.
 

U.S.-listed Chinese firms trade mostly lower

NEW YORK, Dec. 30 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Friday, with nine of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Shares of NIO and Yum China Holdings dipped 2.4 percent and 2.24 percent, respectively, leading the laggards in the top 10 stocks.

Shares of Li Auto went up 4.67 percent, the lone advancer in the top 10 stocks.

Wall Street's major indexes dropped on Friday to finish the worst year since 2008.

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