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Factory explosion in China’s Inner Mongolia region kills 2 and hospitalizes 66

BEIJING (AP) — An explosion at a factory in China’s Inner Mongolia region killed two people and left 66 others hospitalized on Sunday.

China’s official news agency Xinhua said the blast, which sent heavy plumes of smoke into the sky, occurred at a plant of Baogang United Steel in the city of Baotou at around 3 p.m local time and caused tremors in the surrounding areas. The report also said three of those hospitalized suffered serious injuries, and five people remained missing.

Rescue crews rushed to the scene and authorities are still investigating the cause of the blast, the agency said.

Asian shares mostly fall and US futures are little changed after US inflation data improves

BANGKOK (AP) — Shares mostly declined Friday in Asia and U.S. futures were little changed after U.S. inflation data showed a better-than-expected improvement in July. Oil prices were holding steady after slipping in recent days. Tokyo's Nikkei 225 index gained 0.3% to 68,533.85, while the Kospi in South Korea rose 1.3%, to 6,924.74. In Hong Kong, the Hang Seng lost 1% to 25,137.87. The Shanghai Composite index was 0.5% lower at 3,908.05.
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