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The West Bank, among territories where Palestinians seek statehood, has seen a surge of violence.
"An IDF (army) officer was killed overnight during operational activity adjacent to the Gilboa Crossing during an exchange of fire with Palestinian terrorists," an army statement said.
The Palestinian health ministry confirmed "the martyrdom of the two young men" near the checkpoint, north of Jenin.
There were no immediate reports of casualties in the airstrikes that targeted what the military said was a weapons production facility and a rocket launch site belonging to Hamas, that rules Gaza.
Police spokesman Micky Rosenfeld said an unidentified "terrorist" had approached security forces at the vehicle passage of the checkpoint, ignoring calls to stop and pulling a knife before being shot in the leg.
Tuesday's raid was aimed at arresting four Palestinians wanted for stone-throwing at Israeli vehicles and other recent attacks. It comes a day after Israeli forces demolished the home of a Palestinian accused of being behind a deadly blast in the West Bank last year.
The internationally-backed Palestinian Authority (PA) coordinates security with Israel in the West Bank despite long-stalled diplomatic talks. PA personnel seldom clash with Israeli counterparts and usually keep clear of Israel's West Bank raids
Later, Islamabad judicial magistrate Umar Shabbir grated the police two-day physical remand of Rashid, who was presented before him handcuffed amid high security.
Images captured by Mauna Kea Observatory showed a mysterious "whirlpool" in the night sky.
The Abu Dhabi Court for Family and Civil and Administrative Cases obligated an employee to return to his company Dhs431,000 which he had embezzled through invoices.
Muhammad Saeed Al Mulla contributed to the establishment of a number of non-oil Emirati institutions that have become the pillars of the diversified national economy.