Asian markets stagger into weekend as trade rally runs out of legs

INTRO: Most Asian markets were down as investors consolidated gains from the China-US trade war truce, having enjoyed one of their best weeks since Donald Trump unleashed his so-called reciprocal tariffs last month.

Investors are now looking for signals from the US president on the progress of talks with trading partners as governments line up to strike deals to avoid his steep levies as Laura Westbrook reports.

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US judge dismisses charges against migrants caught in military zone

A federal judge has dismissed charges against nearly 100 migrants arrested for trespassing on a newly declared US military zone on the border of the state of New Mexico. 

The ruling adds to the growing legal uncertainty surrounding President Trump's expansion of military authority at the southern border.

Ira Spitzer reports.

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Walmart says prices will rise by the end of the month because of tariffs

Walmart says prices are expected to go up later this month as the world's largest retailer feels the effects of new import tariffs imposed by President Donald Trump.

The White House has put import taxes of at least 10% on goods from around the world, with products from China facing higher duties of at least 30%.

Kate Fisher reports from New York

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Trump's plan to ban automatic right to birthright citizenship lands in the Supreme Court

US President Trump’s attempt to ban the automatic right to US citizenship for children born on US soil is being debated by the Supreme Court (Thursday).

This is the first time the controversial issue is being heard before the country’s top court, as Nina-Maria Potts report:

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TikTok breached EU advertising rules

The European Commission says that TikTok has breached advertising
rules under the Digital Services Act.

If the findings are validated the ByteDance-owned platform could face
fines of up to six percent of its annual global revenue.

William Denselow reports from Brussels.

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Pakistan urges India to enter talks over the Indus Water Treaty

Intro:

Warning of grave consequences, Pakistan's Prime Minister has urged New Delhi to engage in talks over the Indus Water Treaty amid concerns that any disruption to water flow could destabilize last week's ceasefire.

The appeal comes days after Islamabad and New Delhi exchanged strikes on military sites after a terrorist attack.

Hira Mustafa reports from Islamabad.

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EU ministers gather for trade talks

Finance Ministers from across the European Union are gathering to
discuss trade relations with the United States.

Member states will be briefed on the European Commission's efforts to
avert an escalation in tariffs.

William Denselow reports from Brussels.

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APEC warns of tariff impact on trade as China and US trade reps meet

INTRO: The Asia-Pacific Economic Cooperation, or APEC, group warned on Thursday that exports in the region will barely grow this year amid the onset of US tariffs, as trade ministers from top economies begin a two-day meeting in South Korea's Jeju island on Thursday.

US trade representative Jamieson Greer is attending the summit and has held bilateral talks with attendees, including Chinese trade representative Li Chenggang, as Laura Westbrook reports.

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PUTIN TO SKIP ISTANBUL TALKS

The Kremlin has indicated Vladimir Putin will not be travelling to Türkiye for peace talks with Volodymyr Zelesnkyy.

The Russian President doesn't appear on a list of delegates for negotiations in Istanbul on Thursday.

Volodymyr Zelensky is in Ankara - but had said he would attend talks in Istanbul if Vladimir Putin came for a face-to-face meeting.

Russia Analyst at the Institute for the Study of War, Kateryna Stepanenko, says she's not surprised.

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India lobbies UN to get Pahalgam attackers listed as terrorist organization

Intro:

India has reportedly sent a team to the United Nations to get the The Resistance Front, a group that claimed responsibility for the Pahalgam attack, listed as a terrorist entity.

The attack had killed at least 26 civilians in India Administered Kashmir on April 22, which led to armed conflict between India and Pakistan.

Ishan Garg tells us more from New Delhi.

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Putin will not attend peace talks in Turkey on Thursday

The Kremlin has confirmed that President Putin will not be attending the peace talks due to take place in Istanbul on Thursday.

Vladimir Putin proposed May 15 should be the next date for mediation between Ukraine and Russia - and the Ukrainian president then offered to meet for one-on-one talks, which the Russian president has now decided not to attend.

Ross Cullen has more from Istanbul.

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Boeing signs "record" deal with Qatar during Trump Gulf trip

US President Donald Trump has attended a state dinner in Qatar after announcing a series of deals with the Gulf state - including a "record" order of Boeing jets. 

The White House says Boeing and GE Aerospace secured a $96 billion agreement to sell Qatar Airways up to 210 aircraft.

Our US correspondent Kate Fisher reports.

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Menendez brothers eligible for parole following judge's ruling

Erik and Lyle Menendez have moved a step closer to a possible release from prison after a Los Angeles judge ruled they were eligible for parole.

The brothers, now in their fifties, have been incarcerated for more than thirty-five years for murdering their parents in 1989.

Ira Spitzer has more.

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Trump says “possibility” he will attend Ukraine-Russia talks

US President Donald Trump says there is a "possibility" he'll attend
face-to-face peace talks aimed at ending the war in Ukraine.

But he admitted he didn't know if Russian president Vladimir Putin
would show up for the talks scheduled for Thursday.

Nick Harper reports from Washington.

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Grand jury indicts Wisconsin judge for allegedly helping immigrant escape ICE

A federal grand jury has indicted a Wisconsin judge on obstruction charges, after she allegedly helped an undocumented immigrant evade immigration officers.  

Judge Hannah Dugan has called her arrest unnecessary and says she is innocent.

Toni Waterman has more.

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ISRAEL SAY UNDERGROUND HAMAS BUNKER TARGET OF HOSPITAL AIRSTRIKES

The Israeli Military has confirmed it launched airstrikes on a hospital in Gaza - saying it was targeting an underground command bunker used by Hamas. 

Palestinian media report dozens of people have died. 

From Tel Aviv, Trent Murray has more. 

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Commission loses NYT Pfizer legal battle

The European Court of Justice has annulled the European Commission's
decision to withhold exchanges between Pfizer's CEO and President
Ursula von der Leyen.

The case was brought by the New York Times as they sought to obtain
messages relating to the procurement of Covid-19 vaccines.

William Denselow reports from Brussels.


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KEY DETAILS OF POTENTIAL KYIV-MOSCOW TURKEY TALKS REMAIN UNKNOWN

A day before scheduled talks in Turkey, it's still unclear whether the Russian and American presidents will meet Ukrainian president Volodymyr Zelensky for peace talks.

Regardless, Kyiv says Zelenskyy will go - but demands if President Putin fails to appear the 'strongest' package of sanctions yet should follow and so should increase military support.

Stuart Smith has more from Kyiv.

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Hungary-Ukraine Spy Claims Spark Political Clash

Hungary's Prime Minister is accusing Ukraine of launching a secret intelligence operation with help from a local opposition party. The claim comes amid rising tensions between Budapest and Kyiv and a proposed Hungarian referendum on Ukraine's EU membership. Pablo Gutierrez reports from Budapest.

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TRUMP MEETS SYRIAN'S INTERIM PRESIDENT

US President Donald Trump has met Syria's interim President Ahmed al-Sharaa in Saudi Arabia.

It comes as the US announced a lifting of sanctions on Syria.

President Trump says it gives Syria a 'chance at greatness' after Bashar al-Assad's government was ousted.

Former US Deputy Assistant Secretary of Defense Jim Townsend says it's a step forward.

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