New York

NEW YORK (AP) — For 40 years, former President Donald Trump has navigated countless legal investigations without ever facing criminal charges. That record may soon come to an end.

Trump could be indicted by a Manhattan grand jury as soon as this week, potentially charged with falsifying business records connected to hush money payments during his 2016 campaign to women who accused him of sexual encounters.

NEW YORK (AP) — Donald Trump claimed on Saturday that his arrest is imminent and issued an extraordinary call for his supporters to protest as a New York grand jury investigates hush money payments to women who alleged sexual encounters with the former president.

Even as Trump’s lawyer and spokesperson said there had been no communication from prosecutors, Trump declared in a post on his social media platform that he expects to be taken into custody on Tuesday.

March 17 (Reuters) - European Central Bank supervisors see no contagion for euro zone banks from recent sector turmoil, a source said on Friday, after U.S. lenders threw First Republic Bank (FRC.N) a $30 billion lifeline and tapped record amounts from the Federal Reserve.

Large U.S. banks on Thursday swooped in to rescue the San Francisco-based lender, which was caught up in market volatility triggered by the collapse of two other mid-size U.S. banks.

NEW YORK, March 16 (Xinhua) -- Wall Street's major averages advanced on Thursday, bolstered by solid gains in tech-related stocks and bank shares.

The Dow Jones Industrial Average rose 371.98 points, or 1.17 percent, to 32,246.55. The S&P 500 added 68.35 points, or 1.76 percent, to 3,960.28. The Nasdaq Composite Index increased 283.23 points, or 2.48 percent, to 11,717.28.

UNITED NATIONS, Mar 16 (APP): United Nations Secretary-General Antonio Guterres has praised the “exemplary” service of Major General Zia Ur Rehman of Pakistan who has completed his assignment as Force Commander of the UN Mission for the Referendum in Western Sahara (MINURSO), a world body’s spokesman said Thursday.

Gen Reman has been replaced by Major General Md Fakhrul Ahsan of Bangladesh, Spokesman Stephane Dujarric said at the regular noon brief at UN Headquarters in New York.

NEW YORK, March 15 (Xinhua) -- Oil prices suffered steep losses on Wednesday, pressured by mounting fears of a banking crisis.

The West Texas Intermediate (WTI) for April delivery dropped 3.72 U.S. dollars, or 5.22 percent, to settle at 67.61 dollars a barrel on the New York Mercantile Exchange, reaching its lowest level since December 2021.

Brent crude for May delivery lost 3.76 dollars, or 4.85 percent, to close at 73.69 dollars a barrel on the London ICE Futures Exchange.

UNITED NATIONS, March 15 (Xinhua) -- The China-brokered agreement between Saudi Arabia and Iran on the restoration of diplomatic relations represents an opportunity for the resolution of the conflict in Yemen, said a UN spokesman on Wednesday.

Asked how optimistic UN Secretary-General Antonio Guterres is about the possibility of the Saudi-Iran agreement leading to a breakthrough in Yemen, Stephane Dujarric, his spokesman, said the agreement "is clearly an opportunity."

NEW YORK, March 13 (Xinhua) -- Wall Street's major averages finished mixed on Monday as investors dumped financial shares after recent bank failures in the United States.

The Dow Jones Industrial Average fell 90.5 points, or 0.28 percent, to 31,819.14. The S&P 500 decreased 5.83 points, or 0.15 percent, to 3,855.76. The Nasdaq Composite Index rose 49.95 points, or 0.45 percent, to 11,188.84.

NEW YORK, March 13 (Xinhua) -- New York-based Signature Bank, a key lender in the crypto industry, was shut down Sunday by state regulators over a "similar systemic risk exception," the U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) said in a joint statement.

The move came two days after California's Silicon Valley Bank (SVB) collapsed as depositors rushed to withdraw funds.

13 Mar 2023; MEMO: More than 250 US-based financial investors warned Prime Minister, Benjamin Netanyahu, that Israel's judicial overhaul could prevent further investments into the country.

In an open letter addressed to the Prime Minister, published yesterday, the 255 investors expressed "deepest dismay" regarding the planned legislation, which they described as a "judicial coup".