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Asian stocks sink as US jobs fail to clear rate outlook, tech hammered

(Corrects typographical error in headline) By Stella Qiu SYDNEY (Reuters) -Asian shares extended a global rout on Friday as the much anticipated U.S. jobs data failed to provide clarity on interest rates, with investors returning to dumping riskier assets even ...
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Treasury plans to change tax credit eligibility in a move critics say will hurt immigrant taxpayers

WASHINGTON (AP) - The U.S. Treasury Department said Thursday it plans to reclassify certain refundable tax credits as "federal public benefits," which will bar some immigrant taxpayers from receiving them, even if they file and pay taxes and would ...
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Samsung Elec names mobile chief co-CEO in return to traditional structure

By Heekyong Yang SEOUL (Reuters) -Samsung Electronics said on Friday it has named its mobile chief TM Roh as a new co-CEO and head of its device experience division, which oversees the company's mobile phone, TV and home appliance businesses. ...
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Japan exports unexpectedly strong in October as US tariff impact slows

By Makiko Yamazaki and Leika Kihara TOKYO (Reuters) -Japan's exports rose more than expected in October for a second straight monthly gain, government data showed on Friday, underpinned by a milder fall in U.S.-bound shipments, resilient demand in other key ...
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What to know about Trump’s draft proposal to curtail state AI regulations

President Donald Trump is considering pressuring states to stop regulating artificial intelligence in a draft executive order obtained Thursday by The Associated Press, as some in Congress also consider whether to temporarily block states from regulating AI. Trump and some ...
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UK’s drug-cost watchdog recommends Alnylam’s heart disease drug

(Reuters) -The UK's drug cost-effectiveness watchdog has recommended Alnylam Pharmaceuticals' heart disease drug, ensuring access for patients through the government health system in England and Wales, the company said on Friday. The country's drug regulator had approved the injectable drug, ...
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Exclusive-Safety lapses, weak oversight: How children die from Indian cough syrup

By Krishna N. Das, Rishika Sadam and Praveen Paramasivam CHENNAI (Reuters) -Indian officials are investigating whether safety lapses in the supply of a pharmaceutical ingredient were responsible for contaminating cough syrup that has killed at least 24 children in recent ...
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EU trade chief eyes investment in Australian resources projects

By Melanie Burton MELBOURNE (Reuters) -EU Trade Commissioner Maros Sefcovic said on Friday he had discussed with Australia's Resources Minister Madeleine King how best to invest in Australian resources projects, through equity stakes, long-term off-take agreements or joint investments. Sefocvic spoke ...
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Federal judges uphold several North Carolina US House districts drawn by Republicans

RALEIGH, N.C. (AP) - Federal judges on Thursday upheld several U.S. House districts that North Carolina Republicans drew in 2023 that helped the GOP gain additional seats the following year. They rejected accusations the lines unlawfully fractured and packed ...
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This is Trump’s plan to end the war in Ukraine

WASHINGTON (AP) - President Donald Trump's 28-point draft proposal to end Russia's war in Ukraine has been presented in Kyiv. Washington and Moscow worked together on the draft, and it offers terms more favorable to Russia by calling for Ukraine ...
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Judge criticizes federal prosecutors for relying on testimony by officer with credibility concerns

WASHINGTON (AP) - A federal judge ruled Thursday that police in the nation's capital illegally seized a gun from a man they stopped outside a laundromat, blasting the officers' account as unreliable and sharply criticizing Justice Department prosecutors for ...
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WA industry, local government organizations reiterate challenges with EV adoption

(The Center Square) - Recent public comments from various industry and local government organizations to the Department of Ecology on a new program intended to help reduce the costs of switching to electric vehicles reiterated prior concerns, including logistical ...
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