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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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New York Port Authority attack: Man held after Manhattan blast.

A man is being held after an attempted terror attack at New York City's main bus terminal.
"Terrorists won't win," Mayor Bill de Blasio said after a blast at the Port Authority terminal in Manhattan during the morning rush hour on Monday.
The suspect, Akayed Ullah, a 27-year-old Bangladeshi immigrant, was injured by a "low-tech explosive device" strapped to his body, officials say.
Four other people suffered minor wounds when it blew up in an underpass.
A photo circulating on social media shows a man, said to be Akayed Ullah, lying on the ground with his clothes ripped and lacerations on his upper body.
Mayor De Blasio said he was believed to have acted alone.
Who is the attacker?

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NYC police commissioner: 'Suspect has burns and wounds to body'

Media captionNYC police commissioner: 'Suspect has burns and wounds to body'
New York Governor Andrew Cuomo said: "This is New York. The reality is that we are a target by many who would like to make a statement against democracy, against freedom.
"We have the Statue of Liberty in our harbour and that makes us an international target."
Akayed Ullah, a 27-year-old Bangladeshi immigrant.Image copyright CBS
Image caption Akayed Ullah is a 27-year-old Bangladeshi immigrant
The explosion occurred at about 07:30 (12:30 GMT). Andre Rodriguez, 62, told the New York Times: "I was going through the turnstile. It sounded like an explosion, and everybody started running."
Another eyewitness, Alicja Wlodkowski, told Reuters news agency that she had seen a group of about 60 people running. "A woman fell. And nobody even went to stop and help her because the panic was so scary," she said.
Nearby subway stations were evacuated, and the Port Authority Bus Terminal temporarily shut.
It is the biggest and busiest bus terminal in the world, serving more than 65 million people a year.
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Recent New York terrorist incidents

  • October 2017: An Uzbek immigrant drove a truck into pedestrians, killing eight people. He is facing murder and terror charges. It was the deadliest attack in the city since 11 September 2001.
  • March 2017: A white US Army veteran killed a black man with a sword in Manhattan, saying he harboured hatred towards African Americans. He was charged with murder as an act of terrorism
  • September 2016: An Afghan-American man planted pressure cooker bombs in New York and New Jersey. He was shot by police but survived to face court.
  • October 2014: A Muslim convert was shot dead by police after attacking two officers with a hatchet. Police said he had become radicalised and the case was "a terrorist act".
  • May 2010: A car bomb was found in Times Square, the city's busiest tourist area, and defused by police. A Pakistan-born US citizen was arrested and sentenced to life in prison in 2010.

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