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Stock market today: Asian markets edge lower as China reports slower growth in the last quarter

Published Sun, 29 Dec 2024 12:46:50 GMT

BANGKOK (AP) — Shares have fallen in Asia after China reported that its economy grew at a 4.9% annual pace in July-September, down from 6.3% in the previous quarter. U.S. futures also fell, while oil prices jumped $2.China’s National Bureau of Statistics said the world’s second-largest economy slowed in the summer as global demand for exports faltered and the ailing property sector sank deeper into crisis.The Chinese government has acted to help the economy with various policies, raising spending on building ports and other infrastructure, cutting interest rates and easing curbs on home-buying. But economists say wider reforms are needed to address longer-term problems, such as a fast-aging population and falling productivity, that are hindering growth. The weak global demand and the property industry remain the biggest shadows overhanging the economy in the near term, economists said.“The wider data on the property sector remained weak, although green shoots are appeari...

Europe is looking to fight the flood of Chinese electric vehicles. But Europeans love them

Published Sun, 29 Dec 2024 12:46:50 GMT

LONDON (AP) — When Laima Springe-Janssen was looking to replace her French-made gasoline-powered SUV with an electric car, she considered models from Volvo and Nissan.The Volvo extras she wanted would have busted her budget, while the Nissan lacked the “wow factor.” The Copenhagen, Denmark, resident ended up buying a compact SUV from China’s BYD. “I really, really love the car,” Springe-Janssen said. For the equivalent of about $50,000, the Atto 3 SUV came with “all these goodies” like a 360-degree dash cam, two years of free charging and an extra set of winter tires.Her husband likes it so much he’s considering buying another BYD to replace their other car, from Volkswagen’s Skoda brand.“I’m sorry, Europe. Go home,” she said. “China has a better offer.”Her enthusiasm underscores how Chinese automakers are winning over drivers as they make major inroads into Europe’s electric vehicle market, challenging long-established homegrown brands in an industry that’s key to the continent’s g...

Takeaways from Nuggets’ preseason loss to Clippers: Reggie Jackson looks more comfortable on offense

Published Sun, 29 Dec 2024 12:46:50 GMT

LOS ANGELES — The Nuggets lost 116-103 to the Clippers on Tuesday night in their fourth preseason game, the first in which Denver has rested its starters. The Clippers, meanwhile, played theirs.Here are our three takeaways from the loss.Mixed results for backup bigsWithout Nikola Jokic in the lineup, DeAndre Jordan struggled to contain Clippers center Ivica Zubac early in the game, as Zubac compiled eight points in the first seven minutes including an easy second-chance tip. Jordan’s night featured highs and lows: He turned the ball over five times, but he also shot 4 for 5, pulled in nine rebounds and amassed four assists in 21 minutes.Zeke Nnaji, still adjusting to the responsibilities of a full-time five, only grabbed five rebounds in 22 minutes. He tested his offensive game in his earlier minutes, putting the ball on the floor and driving at one point (he got by his defender but couldn’t finish in traffic) and taking an open three when Los Angeles invited him to. The...

Alexandar Georgiev helps Avalanche remain perfect with another stellar outing in Seattle

Published Sun, 29 Dec 2024 12:46:50 GMT

The Seattle Kraken upset the Colorado Avalanche in the 2023 Stanley Cup Playoffs with a heavy dose of depth scoring and excellent goaltending.Colorado went to Seattle on Tuesday night and beat the Kraken with the same script. Alexandar Georgiev made 37 saves, including several critical ones in the first 40 minutes, and the critical goal came shorthanded from a fourth-line forward in a 4-1 victory.Seattle controlled play for large parts of the first two periods, but Colorado – much like it did in Los Angeles at the start of this trip – was much better defensively in the final period. The end result was a perfect three-for-three start on the road for the Avalanche, including wins against two Pacific Division clubs that expect to make the playoffs this season.The Avalanche has also now won 14 consecutive road games in the regular season, which ties an NHL record. The Avs will have a chance to set a new mark a week from Tuesday on Long Island.Here are some observations from the end of a...

Sakharov Prize 2023: The finalists 

Published Sun, 29 Dec 2024 12:46:50 GMT

The finalists for the 2023 Sakharov Prize are women in Iran fighting for their rights, human rights defenders from Nicaragua and legal abortion activists, EU affairs.This year’s finalists for the European Parliament's Sakharov Prize for Freedom of Thought were chosen in a vote by the foreign affairs and development committees on 12 October.The 2023 Sakharov Prize finalists Jina Mahsa Amini and the Woman, Life Freedom Movement in Iran Vilma Núñez de Escorcia and Bishop Rolando José Álvarez Lagos from Nicaragua Women fighting for a free, safe and legal abortion in Poland, El Salvador and the US Jina Mahsa Amini and the Woman, Life and Freedom Movement in IranJina Mahsa Amini, a 22-year-old Kurdish woman, was visiting Tehran in September 2022, when she was arrested and beaten by the so-called moral police for wearing a hijab the “wrong” way.Her death a few days later sparked massive protests in Iran, with women at the forefront. Under the slogan “Woman, Life, Freedo...

Video appears to shows L.A. police cruiser hit another officer during chase 

Published Sun, 29 Dec 2024 12:46:50 GMT

Video obtained by KTLA appears to show the moment a Los Angeles Police Department cruiser rushing to the end of a stolen vehicle pursuit in Sun Valley strikes a fellow officer running across the street. As the dash-cam video unfolds, it sounds like someone inside the police cruiser yells “heads up” just before the collision.  The officer running across the street is thrown forward into the air from the impact, lands on the wet pavement and slides several feet.  “I just hear helicopters then sirens,” Hector Morales said.  Morales, who witnessed the chaos, but did not see the officer go down said LAPD officers at the scene confirmed that it was one of their own vehicles that hit a fellow officer.  “I didn’t see that, but I hear that one of the fellow cops hit him,” Morales said.  The incident occurred on Oct. 13 just after 5 p.m. on Covello Street and Hollywood Way as police were in pursuit of a stolen black pickup truck.   Almost immediately af...

Bicyclist arrested on suspicion of brandishing weapon at driver in San Mateo

Published Sun, 29 Dec 2024 12:46:50 GMT

SAN MATEO – A bicyclist was arrested on suspicion of brandishing a weapon at a driver last week in San Mateo, police said.Related ArticlesCrime and Public Safety | Fire destroys three vehicles, damages home in Daly City Crime and Public Safety | San Mateo: Baseball bat attack sends man to hospital Crime and Public Safety | San Jose man escapes from custody in San Mateo County; later found and arrested Crime and Public Safety | Half Moon Bay man arrested on suspicion of molesting child Crime and Public Safety | Redwood City: Case of mistaken identity ends in assault, four arrests The incident happened around 9:55 p.m. Friday, when the driver tried to pass a large group of bicyclists in the downtown area, the San Mateo Police Department said in a news release. The bicyclists surrounded the driver and started hitting her car.Police said one of the bicyclists walked up to the car yelling and lifted up his sh...

Single family residence sells for $1.6 million in Dublin

Published Sun, 29 Dec 2024 12:46:50 GMT

11586 Alegre Drive – Google Street ViewA house located in the 11500 block of Alegre Drive in Dublin has a new owner. The 1,734-square-foot property, built in 1987, was sold on Sept. 15, 2023, for $1,600,000, or $923 per square foot. This single-story house offers a capacious living environment with its four bedrooms and two bathrooms. Outside, the home presents roofing composed of tiles materials. Inside, there is a fireplace. The property is equipped with forced air heating and central A/C. In addition, the home provides a three-car garage, granting ample space for parking and storage purposes.Additional houses have recently been purchased nearby:On Estrella Court, Dublin, in June 2022, a 2,472-square-foot home was sold for $1,686,000, a price per square foot of $682. The home has 5 bedrooms and 3 bathrooms.A 2,020-square-foot home on the 11500 block of Rolling Hills Drive in Dublin sold in May 2023, for $1,630,000, a price per square foot of $807. The home has 4 bedrooms and 2 bat...

San Jose Sharks’ parade to penalty box proves costly vs. Carolina Hurricanes

Published Sun, 29 Dec 2024 12:46:50 GMT

SAN JOSE – The San Jose Sharks couldn’t protect a third-period lead or stay out of the penalty box Tuesday in a 6-3 loss to the Carolina Hurricanes before an announced crowd of 10,378  at SAP Center.Leading by a goal midway through the third period, the Sharks allowed Stefan Noesen’s game-tying goal at the 9:08 mark and a go-ahead goal by Seth Jarvis with 8:09 left in regulation time.Martin Necas and Jesperi Kotkaniemi also scored for Carolina 16 seconds apart later in the third period, sealing Carolina’s victory and spoiling what had otherwise been a solid night for Sharks goalie Mackenzie Blackwood.San Jose Sharks goaltender MacKenzie Blackwood (29) blocks a shot against the Carolina Hurricanes in the second period at the SAP Center in San Jose, Calif., on Tuesday, Oct. 17, 2023. (Nhat V. Meyer/Bay Area News Group) Blackwood stopped 28 of the first 30 shots he faced, but the Sharks took seven minor penalties and allowed three power play goals.Second period power play goals by...

Man killed by speeding car avoiding Vallejo police

Published Sun, 29 Dec 2024 12:46:50 GMT

(KRON) -- A Vallejo man was killed in a car crash on Tuesday after a reckless driving suspect attempted to evade police and smashed into parked cars, the Vallejo Police Department said. An officer attempted to stop a red Ford Fusion that was driving recklessly in the area of Sonoma Boulevard and Carolina Street at about 2:27 p.m., police said. After noticing the lights and siren, the suspect vehicle sped off westbound on Carolina Street. 2 Napa bicyclists hit, killed by lumber from flatbed truck on Silverado Trail The car blew through two stop signs before crashing in the 300 block of Carolina Street, hitting several parked cars, according to VPD. A 76-year-old man was standing between two of the cars and was crushed when the crash pushed the cars into each other, per police. The victim died at a hospital. In a press release Tuesday night, police did not confirm whether the suspect had been apprehended. Anyone with information about the crash is asked to call VPD at (707) 648-432...