U.S. alliances with South Korea and Japan have been the bedrock for peace and stability in the region, former U.S. Secretary of State James Baker said, rejecting Donald Trump‘s suggestion the U.S. should end its defense support unless the allies pay more.　Baker, who served as top U.S. diplomat from 1989 to 1992, made the remark during a Senate Foreign Relations Committee hearing Thursday in response to a question from Sen. Marco Rubio why the U.S. still provides defense assistance to the countri

Oil prices rose Tuesday, rebounding slightly from sharp losses sparked by a report that Saudi Arabia was close to completing an oilfield expansion.Analysts said the gains, partly prompted by a slightly weaker dollar, would likely be short-lived due to lingering worries about a global supply glut.At around 11:00 GMT, New York's benchmark West Texas Intermediate (WTI) for delivery in June was up 41 cents at $43.05 a barrel.Brent North Sea crude for June delivery gained 66 cents to $45.14 a barrel