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World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...
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At least 19 dead in central Nepal bus accident: police.



At least 19 people were killed when an overcrowded bus swerved off the road and plunged into a river in central Nepal on Saturday, police said.
The bus skidded off the road in Dhading district, approximately 80 kilometres (50 miles) west of the capital Kathmandu, early morning and fell into the Trishuli River.
“We have recovered the bodies of 19 people from the place of the accident and number of missing is still unknown as the bus had no record of the total number of passengers,” district police chief Dhruba Raj Raut told AFP.
Local TV footage showed rescue workers pulling the dead and injured from the water, while soldiers in boats scoured the river for the missing.
At least 16 injured passengers were recovered from the river and taken to local hospitals, police said.
Authorities are yet to confirm the cause of the crash, but local media quoted passengers saying that the driver may have been drunk.
Police Inspector Barun Bahadur Singh, at the scene of the accident, told AFP that the driver was injured in the accident and is thought to have fled after freeing himself from the wreckage of the bus.
“The driver of the bus is suspected of running away right after the incident and we have expedited the search operation in the nearby areas,” he said.
Deadly crashes are relatively common in the impoverished Himalayan nation because of poor roads, badly maintained vehicles and reckless driving.

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