U.S. stocks close lower amid rising tensions in the Middle East
Published ・ Source Taiwan | 中央社 CNA
U.S. stocks closed lower on May 4, with all major indexes—including the Dow, S&P 500, Nasdaq and Philadelphia Semiconductor Index—falling amid escalating tensions in the Middle East and investor positioning ahead of corporate earnings reports. Geopolitical factors and concerns about economic indicators weighed on the market.
Taiwan becomes Chinese Taipei at World Coffee Championships; California lawmaker criticizes Chinese Communist Party pressure
Published ・ Source Taiwan | 中央社 CNA
California Assemblymember 謝德智 criticized the change of Taiwan’s designation to “Chinese Taipei” at the World Coffee Championships, calling it political interference by the Chinese Communist Party. 謝 said the decision undermines Taiwan’s sovereignty and dignity and stressed that interference by any communist regime would not be tolerated.
International oil prices surge as tensions in the Middle East escalate
Published ・ Source Taiwan | 中央社 CNA
International oil prices surged on May 4 after attacks on key energy infrastructure and tankers in the Middle East sharply escalated hostilities between the United States and Iran and put a 4-week ceasefire at risk. Both West Texas Intermediate and North Sea Brent crude rose substantially.
Tensions rise in the Strait of Hormuz; Trump says U.S. sank 7 Iranian speedboats
Published ・ Source Taiwan | 中央社 CNA
U.S. President Donald Trump announced that the United States had sunk 7 Iranian speedboats after Iran fired on vessels in the Strait of Hormuz. The incident highlights the further escalation of tensions between the United States and Iran.
Car-ramming incident in Leipzig, Germany, leaves 2 dead and more than 20 injured; authorities launch investigation
Published ・ Source Taiwan | 中央社 CNA
A car drove into a crowd in central Leipzig, Germany, killing 2 people and injuring more than 20. A 33-year-old German driver was arrested, but the motive is unknown and authorities are investigating.