News Headlines - 15 August 2016

U.S. stocks hit record highs on easing central bank outlook, oil rise | Reuters

Wall Street stocks closed at record highs on Monday, boosted by expectations for continued monetary policy easing around the globe and a jump in oil prices to nearly five-week highs on speculation top producers may be open to cutting output.

Brexit ‘will be delayed until end of 2019’ | The Times & The Sunday Times

Britain could remain in the EU until late 2019, almost a year later than predicted, ministers have privately warned senior figures in the City of London.
Theresa May has been expected to enact article 50 in January, setting in train the formal two years of negotiations before Brexit.

Syria: Aleppo “One of the most devastating urban conflicts in modern times" | International Committee of the Red Cross

The president of the International Committee of the Red Cross, Peter Maurer, has described the fight for the Syrian city of Aleppo as one of the most devastating conflicts in modern times. Fighting has been intensifying during the past weeks with hundreds of people killed and untold numbers injured.

Tokyo angered as S. Korean politicians visit disputed islets:The Asahi Shimbun

Japan lodged a protest on Aug. 15 after 10 members of South Korea’s national assembly landed on the long-disputed Takeshima islets in the Sea of Japan.

Japan’s new defence minister swerves Yasukuni visit — FT.com

Two weeks after being appointed defence minister, Tomomi Inada — the woman dubbed Japan’s Joan of Arc — is expected to skip a visit to the Yasukuni shrine honouring the country’s war dead as she tries to present a more moderate image.