Asian markets plunge after Trump threatens China tariff hike

BANGKOK (AP) — Shares tumbled in Asia early Monday after President Donald Trump threatened to impose more tariffs on China, spooking investors who had been expecting good news this week on trade.

The Shanghai Composite index plunged 5.2% to 2,918.65, and the Hang Seng in Hong Kong sank 3.4% to 29,060.87. The future contract for the Dow Jones Industrial Average fell 1.9% to 26,003.00, while that for the S&P 500 also shed 1.9%, to 2,892.20.

Pakistan analyst calls for developing barter trade with Iran

Islamabad, May 6, IRNA -- A senior Pakistani columnist has stressed upon the need for developing effective barter trade system between Iran and Pakistan.

Ayub Malik in his article published in Urdu daily ‘Jang’ said that many countries in the world are doing trade with Iran through barter system so Pakistan should also use that link to boost bilateral trade ties.

He said recent visit of Prime Minister Imran Khan to Iran has paved the way for durable peace in the region and enhances trade and political ties between the two countries.

Indian Polls: Mayawati, Akhilesh accuse PM of trying to create rift in alliance

Lucknow, May 5; PTI/GANASHAKTI: A day after Prime Minister Narendra Modi charged the SP with going soft on the Congress as part of a "big game" against the BSP, the two "mahagathbandhan" partners blamed the PM on Sunday for trying to create a rift in the alliance.

Bahujan Samaj Party (BSP) supremo Mayawati said the alliance "will continue in the future as well", while Samajwadi Party (SP) chief Akhilesh Yadav said the prime minister was "misleading" people.

French telecom giant Orange on trial over staff suicides

PARIS (AP) — French telecom giant Orange and seven former or current managers are going on trial accused of moral harassment over a wave of employee suicides a decade ago.

France’s main phone and internet company saw 19 suicides, 12 suicide attempts and eight cases of serious depression among employees from 2007-2010. The company, then called France Telecom, was undergoing job cuts and restructuring.

Pakistan PM's tweet on Tipu Sultan sparks war of words in India

Bengaluru, May 5 (PTI) A tweet by Pakistan Prime Minister Imran Khan on Tipu Sultan triggered a war of words between senior Congress leader Siddaramaiah and BJP's Rajeev Chandrasekhar on Sunday, with the former saying he was not the one to "eat biryani" with the premier of an enemy country.

Siddaramaiah's comment came in the wake of Khan's tweet on Tipu Sultan, the 18th-century ruler of the erstwhile Mysore kingdom.

India: VHP to hold yearly programme in June at Kanpur

Kanpur: It is after the year 2015, the Vishwa Hindu Parishad is going to hold its annual programme at Saraswati Vidya Mandir Inter College from June 7 to 11 at Jajmau here. Every year the Shiksha Varg Manthan is organized in one Prant. 

The Parishad has divided eastern Uttar Pradesh into four different regions like, Awadh, Goraksh, Kashi and Kanpur. This year the Shiksha Varg of all the regions will gather here. 

Deendayal Gaur said as many as 300 workers from 80 districts would get ample training in the 11-day long programmer. 

Mercedes-Benz to recall 1,600 S-class sedans in Russia, says watchdog

MOSCOW, March 6. /TASS/: AO Mercedes-Benz RUS, the Russian dealer of Mercedes-Benz, will recall 1,600 S-class sedans in Russia due to problems with functioning of the driver assistance package, the Federal Agency for Technical Regulation and Metrology (Rosstandart) reports on Monday.

The recall will cover automobiles sold from March 2017 to June 2018, the regulator says.

"The function of detecting absence of hands on the steering wheel may not conform to the specification in certain vehicles with the Ditronic Plus and the driver assistant," the federal agency reports.

Indian Polls: SP to support AAP in 2 Delhi seats & BSP in rest

New Delhi, May 6 (PTI) The Samajwadi Party said on Monday it would support the Bahujan Samaj Party in Delhi and also the Aam Aadmi Party in two seats.

As per directions of the top leadership, the SP workers in Delhi will work for the BSP candidates, the spokesperson of the Samajwadi Party's Delhi unit, R S Yadav, said in a statement.

"We will also support New Delhi and North West Delhi(reserved) candidates of the AAP as the BSP has not fielded its candidates there," Yadav added.

Russian plane delivers 8 tonnes of humanitarian aid from Mongolia to Syria

DAMASCUS, May 6. /TASS/: A Russian plane has delivered 8 tonnes of humanitarian aid from Mongolia to the Khmeimim Air Base in Syria, Sergei Smolinsky, representative of the Russian Center for Reconciliation of the warring parties, told reporters.

He said that the distribution of the cargo among the most needy groups of Syrian population has already begun.

"This assistance is very much needed by the Syrian people today," said Smolinsky.

10,000 fireworks burst to illuminate Moscow sky marking Victory Day

MOSCOW, May 6. /TASS/: Artillery Marshal Vladimir Mikhalkin firework division is in the final stages of prepping to launch fireworks, which will be fired in Moscow to mark Victory Day on May 9.

The Western Military District’s press service told reporters on Monday that this year the fireworks will go on for 10 minutes and 10,000 bursts will be fired. "72 firework launchers and 18 artillery pieces will fire 30 rounds of fireworks over 10 minutes according to a specially devised automated system," the District said.

Aeroflot shares down over 3% following plane crash at Moscow airport

MOSCOW, May 6. /TASS/: Aeroflot shares dropped 3.3% as trading opened on the Moscow Exchange on Monday to 93.5 rubles per share following the plane crash at Moscow’s Sheremetyevo airport claiming the lives of 41 people.

On Sunday, the Sukhoi Superjet 100 passenger plane operated by Aeroflot carrying 73 passengers and five crewmembers bound for Murmansk caught fire after emergency landing at Sheremetyevo shortly after the takeoff.

As of 10:07 a.m. Moscow time, the company’s shares were down 1.7% to 95.06 rubles, according to the trading data.

Putin offers his condolences over plane fire incident

MOSCOW, May 6. /TASS/: Russian President Vladimir Putin has offered his condolences over the deadly plane fire incident at Moscow’s Sheremetyevo airport and ordered to investigate its causes, Putin’s press secretary Dmitry Peskov said on Sunday.

"The president was informed about the crash," he said.

"The president extends his deep condolences to those who lost their near and dear in this incident," Peskov said, adding that the president ordered to conduct the most thorough investigation to find out the causes of it.

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