Tehran / AFP Iran conducted multiple ballistic missile tests on Tuesday in an exercise to demonstrate “deterrent power,” a move that comes in defiance of US sanctions imposed over its missile programme in January. The announcement by the official IRNA said the tests showed the country’s “all-out readiness to confront threats” against its territorial integrity. State television a short time …

Kuala Lumpur / AFP Investigators probing what happened to flight MH370 said Tuesday the cause of the plane’s disappearance remained a mystery as the second anniversary passed with devastated next-of-kin still grasping for answers. The Malaysia-led international team of aviation experts set up to investigate issued an annual progress report but the brief statement had no new insights on what …

BLOOMBERG Global stocks dropped as a slump in Chinese exports dragged metals lower and brought equities’ five-day winning streak to a halt. Japanese government bonds surged in a haven-asset rally that also lifted the yen, gold and Treasuries. The Stoxx Europe 600 Index extended its decline from a five-week high as investors sold equities that had led the recent rebound, …