US: Wall St opens lower on tariff jitters; Tesla down on Musk's political plans
The Dow Jones Industrial Average fell 25.2 points, or 0.06 per cent, at the open to 44,803.36.
The S&P 500 fell 20.3 points, or 0.32 per cent, at the open to 6,259.04, while the Nasdaq Composite dropped 110.6 points, or 0.54 per cent, to 20,490.55 at the opening bell. REUTERS
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Straits Times
18 minutes ago
- Straits Times
Hamas says no interim truce possible without work toward permanent ceasefire deal
FILE PHOTO: Explosions send smoke into the air in Gaza, as seen from the Israeli side of the border, July 17, 2025. REUTERS/Amir Cohen/File Photo CAIRO - Hamas' armed wing spokesperson said on Friday that while the group favours reaching an interim truce in the Gaza war, if such an agreement is not reached in current negotiations it could revert to insisting on a full package deal to end the conflict. Hamas has repeatedly offered to release all the hostages held in Gaza and conclude a permanent ceasefire agreement, and Israel has refused, Abu Ubaida added in a televised speech. Arab mediators Qatar and Egypt, backed by the United States, have hosted more than 10 days of talks on a U.S.-backed proposal for a 60-day truce in the war that has laid waste to the Palestinian enclave. As part of the potential deal, 10 hostages held in Gaza would be returned along with the bodies of 18 others, spread out over 60 days. In exchange, Israel would release a number of detained Palestinians. "If the enemy remains obstinate and evades this round as it has done every time before, we cannot guarantee a return to partial deals or the proposal of the 10 captives," said Abu Ubaida. Disputes remain over maps of Israeli army withdrawals, aid delivery mechanisms into Gaza, and guarantees that any eventual truce would lead to ending the war, said two Hamas officials who spoke to Reuters on Friday. The officials said the talks have not reached a breakthrough on the issues under discussion. Top stories Swipe. Select. Stay informed. Singapore Critical infrastructure in S'pore under attack by cyber espionage group: Shanmugam Singapore What is UNC3886, the group that attacked Singapore's critical information infrastructure? Singapore Alleged Kpod peddler filmed trying to flee raid in Bishan charged with 6 offences Asia Indonesia court jails former trade minister for 4½ years in sugar graft case Singapore Singapore police in contact with Indonesian authorities over baby trafficking allegations Singapore NTU upholds zero grade for student accused of using AI in essay; panel found 14 false citations or data Singapore 7-year-old girl, cabby taken to hospital after vehicle pile-up in City Hall area Singapore Former NUH male nurse charged after he allegedly molested man at hospital Hamas says any agreement must lead to ending the war, while Israeli Prime Minister Benjamin Netanyahu says the war will only end once Hamas is disarmed and its leaders expelled from Gaza. REUTERS

Straits Times
an hour ago
- Straits Times
El Salvador to send detained Venezuelans to Caracas in prison swap for Americans, sources say
Find out what's new on ST website and app. FILE PHOTO: Family members of Venezuelan migrants, who the U.S. alleged were members of the Tren de Aragua gang and sent to the Terrorism Confinement Center (CECOT) prison in El Salvador, hold signs and pictures of their loved ones, during a protest outside the United Nations building, in Caracas, Venezuela April 22, 2025. REUTERS/Leonardo Fernandez Viloria/File Photo WASHINGTON - El Salvador's government will send detained Venezuelans to Caracas in exchange for Americans held in Venezuela, two U.S. government officials told Reuters on Friday. One of the officials said El Salvador would send 238 Venezuelans held in its maximum security CECOT prison to Caracas and that the Venezuelan government would release five U.S. citizens and five U.S. permanent residents to American custody. The second official confirmed the exchange was taking place and said the figures appeared to be close to what was expected. Venezuela's Communications Ministry and El Salvador's presidency did not immediately respond to requests for comment. The U.S. State Department declined to comment. The White House and the U.S. Department of Homeland Security did not immediately respond to requests for comment. The Venezuelans were sent to El Salvador in March after President Donald Trump invoked the 1798 Alien Enemies Act to swiftly deport alleged members of the Tren de Aragua gang without going through normal immigration procedures. Family members of many of the Venezuelans and their lawyers deny they had gang ties, and say they were not given a chance to contest the Trump administration's allegations in court. Top stories Swipe. Select. Stay informed. Singapore Critical infrastructure in S'pore under attack by cyber espionage group: Shanmugam Singapore What is UNC3886, the group that attacked Singapore's critical information infrastructure? Singapore Alleged Kpod peddler filmed trying to flee raid in Bishan charged with 6 offences Asia Indonesia court jails former trade minister for 4½ years in sugar graft case Singapore Singapore police in contact with Indonesian authorities over baby trafficking allegations Singapore NTU upholds zero grade for student accused of using AI in essay; panel found 14 false citations or data Singapore 7-year-old girl, cabby taken to hospital after vehicle pile-up in City Hall area Singapore Former NUH male nurse charged after he allegedly molested man at hospital Venezuela's government has always decried the CECOT detention of its citizens as a violation of human rights and international law. But the government's critics say the country holds activists and opposition figures in similar conditions in Venezuela. REUTERS

Straits Times
an hour ago
- Straits Times
El Salvador to send detained Venezuelans to Caracas in exchange for Americans held in Venezuela, sources say
Find out what's new on ST website and app. WASHINGTON - El Salvador's government will send detained Venezuelans to Caracas in exchange for Americans held in Venezuela, two U.S. government officials told Reuters on Friday. One of the officials said El Salvador would send 238 Venezuelans held in its maximum security CECOT prison to Caracas and that the Venezuelan government would release five U.S. citizens and five permanent residents to U.S. custody. The second official confirmed the exchange was taking place and said the figures appeared to be close to what was expected. The Venezuelan communications ministry did not immediately respond to a request for comment. The U.S. State Department declined to comment. The White House and the U.S. Department of Homeland Security did not immediately respond to a request for comment. REUTERS