Business Highlights

___ S&P 500 notches 3rd straight weekly gain after wobbly day Wall Street finished a milestone-setting week on a downbeat note Friday after a late flurry of sel...

CORRECTS: Revolutionary Guard general tells state TV Iran warned US military drone several times before firing missile

TEHRAN, Iran (AP) — CORRECTS: Revolutionary Guard general tells state TV Iran warned US military drone several times before firing missile. (Corrects APNewsAlert that referred to drones instead of one...

Iranian state TV's website publishes images it says show debris from US military surveillance drone that Iran shot down

TEHRAN, Iran (AP) — Iranian state TV's website publishes images it says show debris from US military surveillance drone that Iran shot down.

Australia's Qantas reroutes flights away from Strait of Hormuz, Gulf of Oman after Iran shot down US military drone

DUBAI, United Arab Emirates (AP) — Australia's Qantas reroutes flights away from Strait of Hormuz, Gulf of Oman after Iran shot down US military drone.

US military says Iran sought to disrupt American ability to monitor Persian Gulf region when it shot down drone

WASHINGTON (AP) — US military says Iran sought to disrupt American ability to monitor Persian Gulf region when it shot down drone.

Iran state news agency says Revolutionary Guard shoots down US drone; US military declines to immediately comment

TEHRAN, Iran (AP) — Iran state news agency says Revolutionary Guard shoots down US drone; US military declines to immediately comment.

Trump to honor US military during Fourth of July address

WASHINGTON (AP) — President Donald Trump's Fourth of July address to the nation will honor America's armed forces. Federal lawmakers, local officials and others have expressed concer...

Ecuador: US military could use Galápagos island for flights

QUITO, Ecuador (AP) — Ecuador's government says it may let the U.S. military use a Galápagos island for aircraft on anti-drug trafficking flights, drawing criticism that the agreement would damage the...

After China tariffs, Trump should recognize Taiwan, the Pentagon likely agrees

TAIPEI (Taiwan News) – The Trump administration is turning up the pressure on China, with a not-so-subtle threat that if Chinese leader Xi Jinping refuses to meet with Trump during the upcoming ...

Niger: US military vehicle hits roadside bomb, no casualties

NIAMEY, Niger (AP) — Authorities in Niger say an American military vehicle struck a roadside bomb in the troubled West African country but no one was killed. The prime minister's pre...

Delegation of US military and FBI officials arrives in Taiwan: Stratfor

TAIPEI (Taiwan News) – In line with the Taiwan Travel Act (TTA) implemented in 2018, the U.S. has sent a large number of military and law enforcement officials to Taiwan to engage in bilateral t...

US Secretary of Defense backs Trump on banning China's Huawei

TAIPEI (Taiwan News) – Speaking at the annual Shangri-La Dialogue and security summit in Singapore, U.S. Secretary of Defense, Patrick Shanahan, declared that Huawei’s close relationship w...

Turkey to produce new S-500 missile system with Russia

Russia and Turkey will jointly produce the next generation S-500 aerial missile defense system, Turkish President Recep Tayyip Erdogan said on Saturday. The United States, a military ally in the NATO...

How powerful is China's military?

For the first time since 2015, China held a live-fire military exercise in the Taiwan Strait on April 18, aiming to intimidate self-governing Taiwan while showcasing its much-improved military strengt...

Afghanistan: President Ghani seeks to restore his legitimacy with a Loya Jirga

On Monday, Afghan President Ashraf Ghani opened a Loya Jirga, a grand assembly of tribal elders, to discuss the ongoing peace talks between the Taliban and the United States. "It is a proud mome...