By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense…
Capping rocky 2022, EU agrees more Russia sanctions, funds for Ukraine
By Sabine Siebold and Bart H. Meijer BRUSSELS (Reuters) -European Union leaders wrapped up their last summit of 2022 with…
Biden blacklists China’s YMTC, crackdowns on AI chip sector
By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players…
As Kuroda bows out, Bank of Japan’s rising hawks eye end to unloved yield cap
By Leika Kihara TOKYO (Reuters) – As Haruhiko Kuroda’s decade helming Japan’s central bank nears an end, more of his…
Foreign investors cut Chinese bonds for 10th straight month in Nov
SHANGHAI (Reuters) – Foreign investors continued to offload holdings in China’s onshore bonds for a 10th straight month in November,…
Toshiba says aims to reach deal with potential partners soon as possible
TOKYO (Reuters) – Japan’s Toshiba Corp, which is in talks about a buyout, said in a letter to shareholders on…
Panama tells First Quantum to halt flagship mine after talks fail; shares sink
By Elida Moreno and Kylie Madry PANAMA CITY (Reuters) -Panama’s government ordered Canada’s First Quantum Minerals on Thursday to pause…
Japan Dec factory activity contracts at fastest pace in 26 months
TOKYO (Reuters) – Japan’s manufacturing activity shrank at the fastest pace in more than two years in December on soft…
Chinese firms avert delisting as U.S. audit watchdog gets full inspection access
By Chris Prentice, Xie Yu and Susan Heavey NEW YORK/HONG KONG/WASHINGTON (Reuters) -The U.S. accounting watchdog on Thursday said it…
Wall Street slumps as Fed heightens recession fears
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes closed sharply lower on Thursday, with each of the major…