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A currency trader talks near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 27, 2020. Major Asian stock markets have declined as US-Chinese tension over Hong Kong competes with optimism about recovery from the coronavirus pandemic. (AP Photo/Lee Jin-man)

Wall Street opens higher on economic stimulus hopes

May. 27, 2020 9:40 AM EDT

Stocks are opening higher on Wall Street Wednesday, led by financial stocks. Global stock markets are rising after the European Union proposed more economic stimulus. European markets rose Wednesday after the EU commission proposed a new 750 billion-euro ($825 billion) package of financial aid meant to help the...

Workers spray disinfectant in front of the MADE, a major club in the international tourist district of Itaewon, in Seoul, South Korea, on May 12, 2020. As South Korea significantly relaxes its rigid social distancing rules as a result of waning coronavirus cases, the world is paying close attention to whether it can return to something that resembles normal - or face a virus resurgence. Already, a mini-outbreak linked to nightclubs in Seoul has tested South Korea’s widely praised method for dealing with the disease _ essentially a combination of rapid tracing, testing and treatment, along with stringent social distancing practices. (Lim Hun-jung/Yonhap via AP)

Spike in South Korea virus cases shows perils of reopening

May. 27, 2020 9:34 AM EDT

SEOUL, South Korea (AP) — As Mediterranean beaches and Las Vegas casinos laid out plans to welcome tourists again, South Korea announced a spike in new infections Wednesday and considered reimposing social distancing restrictions, revealing the setbacks ahead for other nations on the road to reopening. ...

Women wear face masks amid the new coronavirus pandemic as they wait for a quick test at a COVID-19 testing site set up on a public school's basketball court in the Estrutural neighborhood of Brasilia, Brazil, Tuesday, May 26, 2020. According to officials, the objective is to expand surveillance and the tracking of possible asymptomatic positive cases, especially in poor, remote areas. (AP Photo/Eraldo Peres)

What you need to know today about the virus outbreak

May. 27, 2020 9:29 AM EDT

Las Vegas casinos plan to welcome tourists again on June 4. South Korea on Wednesday announced a spike in new infections and considered reimposing social distancing restrictions, revealing the setbacks ahead for others on the road to reopening. The European Union was unveiling a massive stimulus package for the...

FILE - In this May 22, 2020, file photo, a raindrop falls from an American flag at half-staff at the Washington Monument, in Washington. President Donald Trump ordered American flags to be flown at half-staff for a three day period in remembrance of Americans who have lost their lives due to the coronavirus outbreak. (AP Photo/Patrick Semansky, File)

American virus deaths at 100,000: What does a number mean?

May. 27, 2020 9:25 AM EDT

The fraught, freighted number of this particular American moment is a round one brimming with zeroes: 100,000. A hundred thousands. A thousand hundreds. Five thousand score. More than 8,000 dozen. All dead. This is the week when America's official coronavirus death toll reaches six digits. One hundred thousand...

FILE - In this March 23, 2020 file photo, German Economy Minister, Peter Altmaier, left, tries to shake hands with German Finance Minister Olaf Scholz, right, prior to a press conference in Berlin, Germany. From the U.S. president to the British prime minister's top aide and far beyond, leading officials around the world are refusing to wear masks or breaking confinement rules meant to protect their populations from the coronavirus and slow the pandemic. While some are punished when they're caught, or publicly repent, others shrug off the violations as if the rules don't apply to them. (AP Photo/Michael Sohn, pool, File)

Hypocrisy gone viral? Officials set bad COVID-19 examples

May. 27, 2020 5:03 AM EDT

PARIS (AP) — Few countries seem immune to the perception leaders are bending the rules of their own governments during the coronavirus pandemic. From U.S. President Donald Trump to Israeli Prime Minister Benjamin Netanyahu, global decision-makers have frequently set bad examples, whether it’s...

In this Sunday, April 5, 2020, Lebanese Health Minister Hamad Hassan, center, ignoring social distancing rules and not wearing mask, speaks with journalists during the arrival of Lebanese passengers who were stuck in Saudi Arabia and other countries because of the coronavirus outbreak, outside Rafik Hariri Airport, in Beirut. From the U.S. president to the British prime minister's top aide and far beyond, leading officials around the world are refusing to wear masks or breaking confinement rules meant to protect their populations from the coronavirus and slow the pandemic. While some are punished when they're caught, or publicly repent, others shrug off the violations as if the rules don't apply to them. (AP Photo/Hussein Malla)

Hypocrisy gone viral? Officials set bad COVID-19 examples

May. 27, 2020 5:03 AM EDT

PARIS (AP) — “Do as I say, but not as I do” was the message many British saw in the behavior of Prime Minister Boris Johnson's key aide, who traveled hundreds of miles with coronavirus symptoms during the country's lockdown. While Dominic Cummings has faced calls for his firing but support...

Indians wearing face masks as prevention against the coronavirus walk past a roadside bookshop in Bengaluru, India, Tuesday, May 26, 2020. For a seventh consecutive day India reported a record single-day jump in new virus cases. India has been easing its lockdown, with domestic flights resuming Monday at a fraction of normal. (AP Photo/Aijaz Rahi)

The Latest: India surpasses 150,000 virus cases

May. 27, 2020 2:16 AM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — India surpasses 150,000 coronavirus cases with another...

FILE - In this Jan. 21, 2020, file photo, Huawei chief financial officer Meng Wanzhou, who is out on bail and remains under partial house arrest after she was detained last year at the behest of American authorities, leaves her home to attend a hearing in British Columbia Supreme Court, in Vancouver, British Columbia. Meng is scheduled to learn Wednesday, May 27, 2020 if a U.S extradition case against her can proceed. (Jonathan Hayward/The Canadian Press via AP, File)

Huawei CFO Meng to find out if her fraud case will proceed

May. 27, 2020 1:58 AM EDT

VANCOUVER, British Columbia (AP) — A top executive of Chinese tech giant Huawei is scheduled to learn Wednesday if a U.S extradition case against her can proceed. Canada arrested Meng Wanzhou, the daughter of Huawei’s founder, at Vancouver’s airport in late 2018. The U.S. wants her...

People walk at the Cheonggye Stream during launch time in Seoul, South Korea, on May 22, 2020. People are increasingly dining out and enjoying nighttime strolls in public parks. As South Korea significantly relaxes its rigid social distancing rules as a result of waning coronavirus cases, the world is paying close attention to whether it can return to something that resembles normal or face a virus resurgence. (AP Photo/Ahn Young-joon)

World watches as South Korea cautiously returns to life

May. 27, 2020 12:58 AM EDT

SEOUL, South Korea (AP) — The baseball league is on. Students have begun returning to school. And people are increasingly dining out and enjoying nighttime strolls in public parks. As South Korea significantly relaxes its rigid social distancing rules as a result of waning coronavirus cases, the world is...

President Donald Trump arrives to speak at an event on protecting seniors with diabetes in the Rose Garden White House, Tuesday, May 26, 2020, in Washington. (AP Photo/Evan Vucci)

Can Trump feel your pain? US nears haunting virus milestone

May. 27, 2020 12:18 AM EDT

WASHINGTON (AP) — In the rubble of buildings and lives, modern U.S. presidents have met national trauma with words such as these: “I can hear you.” “You have lost too much, but you have not lost everything.” “We have wept with you; we’ve pulled our children...

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