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A major gearbox failure caused the crash of a US military Osprey aircraft off the coast of Japan last year that killed eight airmen, the US Air Force said, a cause similar to some previous incidents with the tilt-rotor aircraft.
SEOUL, South Korea (AP) — South Korea on Thursday offered to send aid supplies to North Korea to help the country recover from heavy rains and floods that submerged thousands of homes and huge swaths of farmland.
In India and China, torrential rains have killed more than 200 people in the past week. Three others died in Pakistan. Widespread flooding has been reported in North Korea near the border with China with no word on whether anyone died.
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China is expected to appoint a senior securities official to head its second-largest bourse, four sources said, filling a role that has been vacant for the unusually long period of seven months as the securities regulator reshuffled its leadership.
Amazon said Thursday that revenue in its cloud division increased 19% in the second quarter, beating analysts' estimates.
The topic of greatest interest to analysts on Apple's quarterly earnings call on Thursday was a product that's not even available to the general public yet.
BEIJING — China is not planning additional stimulus for the second half of the year, according to officials from the economic planning agency and finance ministry.