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Asian shares mostly gain while oil prices keep rising

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Asian shares mostly gain while oil prices keep rising

Asian markets that were open for trading mostly rose Monday, as investors continued to closely watch the war in Iran, soaring oil prices and what President Donald Trump might say next.

Japan‘s benchmark Nikkei 225 rose nearly 1.1% to 53,692.42 in morning trading. South Korea’s Kospi gained 1.5% to 5,460.24. Trading was closed in Australia for Easter, and in Hong Kong and Shanghai for a traditional Chinese holiday.

The Tuesday deadline Trump has given for Iran to open the Strait of Hormuz is looming. Some analyst fear the war may escalate after that. Over the weekend Trump made more threats against Iran, even as the bombing continued in the region. The United States rescued two aviators whose fighter jet was shot down by Iran.

The key market focus continues to be on oil prices.

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Benchmark U.S. crude gained 38 cents to $111.92 a barrel. Brent crude, the international standard, added $1.71 to $110.74 a barrel. Energy markets were closed Friday, but the prices have been surging lately on fears that the Iran war will drag on longer than expected.

The U.S. relies on the Persian Gulf for only a fraction of the oil it imports, but oil is a commodity and prices are set in a global market. Some nations, like resource-poor Japan, import a large portion of their energy needs and rely heavily on access to the Strait of Hormuz.

“As we kick off the first full trading week of April, the word uncertainty is paramount. Last year it was centered on the impact of ‘Liberation Day’ tariffs, this year it’s uncertainty surrounding the ongoing Iranian War,” said Jay Woods, analyst at Freedom Capital Markets in New York.

U.S. markets were closed for Good Friday and will reopen Monday. Some markets in Europe also did not trade on Friday.

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In currency trading, the U.S. dollar inched up to 159.65 Japanese yen Monday from 159.63. The euro cost $1.1509, down from $1.1517.

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AP Business Writer Matt Ott in Washington contributed.

Yuri Kageyama is on Threads: https://www.threads.com/@yurikageyama

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The White House Easter Egg Roll explained

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The White House Easter Egg Roll explained

Last year’s activities included a Best Hopscotch competition, play garden, a reading nook, Best Military Card Writing Station and more.

But the crown jewel of the event every year in the White House Easter Egg Roll and Egg Hunt. First Lady Melania Trump announced the details for the 148th White House Easter Egg Roll which is set to take place on Monday, April 6 in Washington.

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The supplements to take this spring (and the ones to ditch)

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The supplements to take this spring (and the ones to ditch)

Just when you thought you’d nailed your supplement routine, we’re here to tell you that you might need to shake things up for spring.

After what feels like the longest winter, the days are finally getting lighter and brighter, and with the change in weather comes the perfect time to kickstart a path to a healthier life. You might already feel like you’re striving to do everything right — racking up your plant points each week, working out consistently, getting your sleep hygiene in place and trying your best to keep a lid on stress, but taking a seasonal approach to wellness can give your efforts an extra boost.

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Former North Yorkshire foster child praises Harrogate family

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Former North Yorkshire foster child praises Harrogate family

Ashley Smith, 23, spent 13 years in care from age eight, alongside his twin brother Nathan, for nine of those years.

Mr Smith is one of four siblings and lived with three different foster families during his time in care.

He said: “I would ask more local families to think about fostering and offering a safe and loving home to a child who needs one, and I would especially ask for brothers and sisters to be kept together whenever possible.”

He credits his progress to his final foster carers, Diane and Stuart Kelly from Harrogate.

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Ashley with his final foster parents Diane and Stuart Kelly from Harrogate (Image: North Yorkshire Council)

He added: “They offered a warm and loving home where I felt I belonged.

“Diane and Stuart have done a lot for me emotionally and financially too.

“Truly caring and treating a young person as part of the family makes all the difference.”

Ashley now lives in York and is studying children, young people, and society at university, where he then hopes to become a social worker.

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Cllr Janet Sanderson, executive member for children and families at North Yorkshire Council, said: “We are incredibly proud of Ashley and everything he has achieved.”

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The healing power of a multi-generational stay at Lakes by Yoo

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The healing power of a multi-generational stay at Lakes by Yoo

Hotel rooms, cabins and apartments are all available for rent and included in the price are the endless lakes, woodlands and meadows to romp in. It would be impossible to get bored here, with paddleboarding, fresh-water wild swimming, cycling, kayaking, zip wire, archery, bushcraft and tennis all on the menu.

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York Green Party activist recognised for Ukraine work

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York Green Party activist recognised for Ukraine work

Mike Kearney, a National Education Union (NEU) representative, received the award at the NEU’s national conference in Brighton for his solidarity work supporting teachers in Ukraine.

Daniel Kebede, president of the union, said: “Congratulations to Michael for his exemplary international solidarity work.

“Michael’s commitments to Ukraine’s teachers and pupils have been unwavering.”

Mr Kearney is travelling with support from the NEU Ukraine Solidarity Network (Image: York Green Party)

Mr Kearney was honoured for his ongoing efforts to support Ukrainian teachers and students, and is travelling with support from the NEU Ukraine Solidarity Network.

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On April 2, he set off from Brighton in a van delivering aid to Ukraine.

The van included educational materials donated by York schools, along with Easter eggs for children and families.

He will leave the van in Ukraine to assist with ongoing aid delivery.

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UK state pension triple lock rise: Everything you need to know

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Manchester Evening News
UK state pension triple lock rise: Everything you need to know – Manchester Evening News