Top Stories; Asia markets open mixed after Wall Street gains on positive inflation data

Top Stories — Thursday, September 11, 2025

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Asia markets open mixed after Wall Street gains on positive inflation data

Source: CNBC • Published: 9/11/2025, 5:56:03 AM

Asia markets open mixed after Wall Street gains on positive inflation data

 Asia-Pacific markets opened mixed Thursday after Wall Street continued to reach record highs over Fed-rate cut hopes and positive inflation data.

Japan's benchmark Nikkei 225 rose 0.23% in early trade, while the Topix index retreated 0.18%.

South Korea's Kospi advanced 0.67%, and the small-cap Kosdaq was up 0.2%.

Over in Australia, the ASX/S&P 200 declined 0.29%.

Meanwhile, Hong Kong's Hang Seng Index was set to open lower with the futures contract at 25,994, compared with the index's last close at 26,200.26.

U.S. equity futures were little changed in early Asian hours, as Wall Street awaited a key consumer inflation gauge for August due out Thursday morning stateside.

Overnight stateside, most of the key U.S. benchmarks rose to hit new record closing highs after the latest producer price index data showed that inflation was cooling.

The broad market S&P 500 finished up 0.3% at 6,532.04, a record close for the index. It had risen about 0.7% at its peak to 6,555.97, scoring a new all-time intraday high as well. The Nasdaq Composite edged up 0.03% to end at 21,886.06, likewise notching a closing high after hitting an all-time intraday high before its afternoon pullback. The Dow Jones Industrial Average lost 220.42 points, or 0.48%, to finish at 45,490.92, bogged down by a decline in Apple shares as the latest iPhone announcement failed to impress investors.

— CNBC's Sean Conlon and Lisa Kailai Han contributed to this report.

Read the full story at CNBC.


Mexico City Gas Explosion Injures at Least 58, With 19 Badly Burned

Source: nyt News • Published: 9/11/2025, 5:53:27 AM

Mexico City Gas Explosion Injures at Least 58, With 19 Badly Burned

A cloud of gas leaking from a truck caused an enormous explosion under a highway overpass in Mexico City on Wednesday afternoon, injuring at least 58 people, Clara Brugada, the city's mayor, told reporters at the scene.

Many of those hurt when the inferno erupted suffered severe burns, with at least 19 in critical condition, Ms. Brugada said.

"It is a tragic accident. The prosecutor's office is beginning investigations to determine what happened," Ms. Brugada said, adding that no deaths had yet been reported.

The blast engulfed nearby vehicles in flames and created chaos in Iztapalapa, a working-class community and the capital's most populous borough, with 1.8 million people.

Videos of the aftermath showed some people walking in pain with charred clothing.

Firefighters had extinguished the fire but were still trying to control the leakage from the gas tanker, which it was estimated still contained about 20,000 liters of fuel, or about 5,300 gallons, according to Judith Rodríguez Vargas, a spokeswoman with the capital's fire department.

Miriam Castillo contributed reporting from Mexico City.

Emiliano Rodríguez Mega is a reporter and researcher for The Times based in Mexico City, covering Mexico, Central America and the Caribbean.

Read the full story at nyt News.


President Trump orders White House flags at half-staff in honor of Charlie Kirk

Source: Fox News • Published: 9/11/2025, 5:48:57 AM

President Trump orders White House flags at half-staff in honor of Charlie Kirk

American flags outside the White House were seen at half-staff on Wednesday evening after President Donald Trump ordered them to be lowered in honor of Charlie Kirk.

Kirk, a 31-year-old husband, father, conservative activist and Turning Point USA founder, was fatally shot in the neck while speaking during an event at Utah Valley University on Wednesday.

On his Truth Social, Trump posted, "In honor of Charlie Kirk, a truly Great American Patriot, I am ordering all American Flags throughout the United States lowered to Half Mast until Sunday evening at 6 P.M."

Images taken by Fox News Digital on Wednesday showed the massive American flags installed on either side of the White House at Trump's direction were at half-staff.

White House flags at half-staff
Image 1 of 2

President Donald Trump ordered flags lowered to half-mast on Wednesday, Sept. 10, 2025, hours after the assassination of Turning Point USA founder Charlie Kirk. (Peter Pinedo/Fox News Digital)

The flag at the White House flown at half-mast in observation of the death of Charlie Kirk
Image 2 of 2

President Donald Trump ordered flags lowered to half-mast on Wednesday, Sept. 10, 2025, hours after the assassination of Turning Point USA founder Charlie Kirk. (Peter Pinedo / Fox News)

Trump issued an official proclamation on Wednesday, writing, "As a mark of respect for the memory of Charlie Kirk, by the authority vested in me as President of the United States by the Constitution and the laws of the United States of America, I hereby order that the flag of the United States shall be flown at half-staff at the White House and upon all public buildings and grounds, at all military posts and naval stations, and on all naval vessels of the Federal Government in the District of Columbia and throughout the United States and its Territories and possessions until sunset, September 14, 2025."

In the proclamation, he also directed that flags at all U.S. embassies, legations, consular offices, and other facilities abroad, including all military facilities and naval vessels and stations also lower their flags to half-staff in Kirk's honor.

Earlier on Wednesday, Trump announced that Kirk had passed as a result of the shooting on Truth Social, writing, "The Great, and even Legendary, Charlie Kirk, is dead."

A general view of the main scoreboard at Yankee Stadium during a moment of silence for Charlie Kirk before the game between the New York Yankees and the Detroit Tigers. 

A general view of the main scoreboard at Yankee Stadium during a moment of silence for Charlie Kirk before the game between the New York Yankees and the Detroit Tigers.  (Vincent Carchietta/Imagn Images)

"No one understood or had the Heart of the Youth in the United States of America better than Charlie. He was loved and admired by ALL, especially me, and now, he is no longer with us. Melania and my Sympathies go out to his beautiful wife Erika, and family. Charlie, we love you!" wrote Trump.

The U.S. Department of Agriculture also posted footage of an American flag outside its headquarters at half-staff in honor of Kirk.

American flags were also seen at half-staff in Orem, Utah, a suburb of Salt Lake City and home to Utah Valley University.

Utah Gov. Spencer Cox, a Republican, also ordered that U.S. and Utah state flags be lowered on all state facilities "in recognition of the tragic passing of Charlie Kirk."

A U.S. flag flying at half-staff in Orem, Utah

A photo showing a U.S. flag flying at half-staff in Orem, Utah following the assassination of conservative figure Charlie Kirk on Sept. 10, 2025. (Samuel Lino)

Cox also invited all private citizens, businesses, and other organizations to join in honoring Kirk by lowering their flags.

Oklahoma Gov. Kevin Stitt, a Republican, also announced on X that he ordered all flags in Oklahoma to half-staff to "honor the extraordinary life and legacy of Charlie Kirk."

"Charlie's memory, that of a tireless champion for freedom, shall never die," wrote Stitt.

Peter Pinedo is a politics writer for Fox News Digital.

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