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  • Business
    The Canadian Press

    Stock market today: Asian stocks follow Wall St tumble. Most markets in the region close for holiday

    HONG KONG (AP) — Asian stocks fell Wednesday with most of the markets in the region closed for a holiday. Meanwhile, U.S. stocks closed out their worst month since September. Oil prices were lower and U.S. futures were mixed. Tokyo’s Nikkei 225 index lost 0.8%, down to 38,089.09 in early trading after the country’s factory activity experienced a milder shrink in April, as the manufacturing purchasing managers’ index from au Jibun Bank rose to 49.6 in April from 48.2 in March. A PMI reading under

  • Science
    The Canadian Press

    Study says El Nino, not climate change, was key driver of low rainfall that snarled Panama Canal

    WASHINGTON (AP) — The climate phenomenon known as El Nino — and not climate change — was a key driver in low rainfall that disrupted shipping at the Panama Canal last year, scientists said Wednesday. A team of international scientists found that El Nino — a natural warming of the central Pacific that changes weather worldwide — doubled the likelihood of the low precipitation Panama received during last year's rainy season. That dryness reduced water levels at the reservoir that feeds freshwater

  • Politics
    The Canadian Press

    New era for pot regulation leaves old problem: Many cannabis companies can't find a bank

    LOS ANGELES (AP) — The Biden administration's move to reclassify marijuana as a less dangerous but still controlled drug was hailed as a monumental step in reshaping national policy. But it might do little to ease a longstanding problem in the cannabis industry — a lack of loans, checking accounts and banking services that other businesses take for granted. “As far as financial institutions, I don’t necessarily think it’s going to have a demonstrable effect” on how they deal with cannabis operat

  • News
    The Canadian Press

    Portuguese-flagged ship is hit far in Arabian Sea, raising concerns over Houthi rebel capabilities

    JERUSALEM (AP) — A Portuguese-flagged container ship came under attack by a drone in the far reaches of the Arabian Sea, corresponding with a claim by Yemen's Houthi rebels that they assaulted the ship there, authorities said Tuesday. The attack on the MSC Orion, occurring some 600 kilometers (375 miles) off the coast of Yemen, appeared to be the first confirmed deep-sea assault claimed by the Houthis since they began targeting ships in November. It suggests the Houthis — or potentially their ma