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Global stocks rebound as China eases up on currency

By Pan Pylas, Associated Press

The more buoyant tone follows a big sell-off Monday, when stocks were hammered after the Chinese government allowed its currency to depreciate against the dollar and was accused by the U.S. Treasury Department of being a currency manipulator.

China stabilizes currency but tensions with US remain high

By Joe McDonald, Associated Press

The move came a day after Beijing sent financial markets tumbling by allowing the currency to fall to an 11-year low.

China warns Hong Kong protesters that punishment is coming

By Yanan Wang, Christopher Bodeen, Associated Press

China warned Tuesday that it will be "only a matter of time" before it punishes those behind two months of pro-democracy protests in Hong Kong.

Trump freezes Venezuelan government assets amid tensions

By Joshua Goodman, Deb Reichmann, Associated Press

The Trump administration froze all Venezuelan government assets in a dramatic escalation of tensions with Nicolás Maduro that places his socialist administration alongside a short list of adversaries from Cuba, North Korea, Syria and Iran.

News Wrap: Police and protesters clash again in Hong Kong

In our news wrap Monday, more violence erupted in Hong Kong after a strike by pro-democracy forces disrupted commuter traffic. Police fired tear gas to disperse the crowds, while Chief Executive Carrie Lam urged restraint by the protesters. Meanwhile, stocks…

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North Korea fires projectiles twice into sea, South Korea says

By Associated Press

South Korea's military says North Korea fired unidentified projectiles twice into the sea as it continues to ramp up weapons tests amid stalemated nuclear negotiations with the United States.

Lashing back, China lets yuan drop and halts U.S. farm purchases

By Paul Wiseman, Joe McDonald, Associated Press

The moves, which came four days after President Donald Trump threatened more taxes on Chinese imports, knocked stock markets worldwide into a tailspin.

Priests accused of abusing deaf students go on trial in Argentina

By Almudena Calatrava, Associated Press

Former students at an institute for the deaf say Rev. Nicola Corradi was the force behind years of "indescribable" torment through alleged sexual abuse. Two others are also on trial.

Stocks plunge on Wall Street over escalating trade war

By Stan Choe, Damian J. Troise, Associated Press

The escalations in the trade war between the world's largest economies are rattling investors already unnerved about a slowing global economy, falling U.S. corporate profits and possibly too-weak inflation.

Mexico: Texas shooting 'act of terrorism' against Mexicans

By Amy Guthrie, Associated Press

Mexico's government said it considers a shooting at a crowded department store in El Paso, Texas that left seven of its citizens dead an "act of terrorism" against Mexicans and hopes it will lead to changes in U.S. gun laws.