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Asian stock markets rally on US recovery hopes

A currency trader watches computer monitors near screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rates between the U.S. dollar and South Korean won, right at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 25, 2016. Asian stock markets rallied Wednesday as solid U.S. housing sales data and overnight gains on Wall Street raised expectations for a strong recovery in the world's largest economy. (AP Photo/Lee Jin-man)SEOUL, South Korea (AP) — Asian stock markets rallied Wednesday as solid U.S. housing sales data and overnight gains on Wall Street raised expectations for a strong recovery in the world's largest economy.



Israeli official: Deal reached to expand government, Lieberman to become defense minister

JERUSALEM (AP) — Israeli official: Deal reached to expand government, Lieberman to become defense minister.
Obama urges Vietnam youth to tackle climate change

Obama urges Vietnam youth to tackle climate changeHO CHI MINH CITY, Vietnam (AP) — Wrapping up a historic visit to Vietnam, U.S. President Barack Obama on Wednesday praised the country's next generation of leaders for being more conscious of the environment than previous generations and urged them to "do something about" climate change.



From hinterland to wonderland: China's 'teapot' refinery boomtowns

A staff walks in a museum of Chambroad Petrochemicals in BoxingBOXING, China/BEIJING (Reuters) - For Zheng Ruifeng, the 25-year-old son of a wheat farmer from eastern China, acceptance at a technical school specializing in petrochemical engineering was a life-changing event. Zheng, who grew up expecting to spend a lifetime toiling on the family farm, instead works as a technician monitoring control panels for Chambroad Petrochemical, one of China's largest independent refineries. Zheng's story offers a vivid example of the new wealth created by China's so-called "teapots" - independent oil refineries that have become a new force in global energy markets since Beijing allowed them to start importing crude last year.



Ten killed in suicide attack near Afghan capital

Afghan policemen keep watch near the site of a suicide bomb attack in KabulKABUL (Reuters) - A suicide attack on a bus carrying staff from an appeal court killed 10 people and wounded four on Wednesday west of the Afghan capital, Kabul, an interior ministry spokesman said. There was no immediate claim of responsibility for the attack, which came as the Taliban confirmed their former leader Mullah Akhtar Mansour had been killed in a U.S. drone strike and would be succeeded by his deputy, Haibatullah Akhunzada. (Reporting by Mirwais Harooni; Editing by Nick Macfie)





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