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US forces to join combat drills in Philippines to show commitment to Asia while fighting Iran

MANILA, Philippines (AP) - More than 17,000 American and Filipino military personnel will participate in one of their largest annual combat exercises in the Philippines that underscore the United States' staunch commitment to Asia despite its preoccupation with the ...
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Trump promised tax relief, but polling shows most Americans still think they’re overpaying

WASHINGTON (AP) - Most Americans still think their taxes are too high, according to recent polls, even after last year's tax law fulfilled several of President Donald Trump's tax-related campaign promises. In fact, a new Fox News poll indicates ...
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China Evergrande founder Hui Ka Yan pleads guilty to a set of charges including fraud and bribery

HONG KONG (AP) - The founder of the debt-ridden real estate developer China Evergrande pleaded guilty to a series of charges, including illegal absorption of public deposits, fraud and corporate bribery, according to a mainland Chinese court statement Tuesday. ...
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Australia Inc starts to feel Iran war fallout, raising stagflation risk

By Christine Chen SYDNEY, April 14 (Reuters) - Australia's corporates are starting to count the cost of the war in the Middle East, with profit warnings from two top companies and a crash in business sentiment pointing to pain from ...
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Under pressure: Tracking the pain in G7 government debt

By Yoruk Bahceli, Ben Welsh, Dhara Ranasinghe and Rocky Swift LONDON/NEW YORK/TOKYO, April 14 (Reuters) - The world's major economies have seen their debt levels surge in recent years, while ever-increasing spending demands - from ageing populations to climate change ...
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War in Iran intensifies a time of uncertainty for makers of the ultimate in bling, luxury watches

GENEVA (AP) - The bling is back, but the war in the Persian Gulf has tarnished the outlook for the luxury watch industry - the ultimate in bling. Starting Tuesday, Geneva hosts the annual "Watches and Wonders" fair, a ...
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Analysis-Seeking shelter from war and stagflation? Take a look at China’s bond market

By Li Gu, Samuel Shen and Summer Zhen SHANGHAI/HONG KONG, April 14 (Reuters) - Investors are scooping up Chinese debt, which has stood tall in sliding bond markets globally, betting that China's low inflation and preparedness for an oil shock ...
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Citigroup upgrades US equities as tech strength and earnings outlook soothe Mideast war woes

April 14 (Reuters) - Citigroup has turned bullish on U.S. equities, joining a flurry of brokerages betting on resilient corporate earnings, attractive valuations following recent pullbacks, and the rising contribution of U.S. technology stocks to global earnings growth. ...
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Efforts underway for second round of US-Iran talks as Strait of Hormuz showdown endures

ISLAMABAD (AP) - The standoff between the United States and Iran deepened Tuesday as the U.S. declared it had blockaded Iran's ports, Tehran threatened to strike targets across the region, and Pakistan said it was racing to bring the ...
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United, American Airlines climb after news of Kirby floating merger with Trump

April 14 (Reuters) - United Airlines and American Airlines shares rose in premarket trading on Tuesday after United CEO Scott Kirby, sources said, pitched the potential for a merger of the two carriers to U.S. President Donald Trump in ...
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US Representative Swalwell to quit Congress amid sexual misconduct allegations

WASHINGTON, April 13 (Reuters) - Democratic U.S. Representative Eric Swalwell of California said on Monday will resign from his seat in Congress amid sexual misconduct allegations that also upended his campaign for governor. (Reporting by Kanishka Singh in Washington; ...
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Republican Rep. Tony Gonzales of Texas says he will retire after bipartisan calls for expulsion

WASHINGTON (AP) - Republican Rep. Tony Gonzales of Texas said Monday he will retire from Congress after bipartisan calls to expel him. Gonzales had already said he would not seek reelection after admitting to an affair with a staff member ...
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