AP National Business

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly higher in muted trading Tuesday, as investors tried to digest a slew of economic data and awaited moves by the U.S. Federal Reserve. Japan’s benchmark Nikkei 225 rose 0.4% to 28,336.98. Australia’s S&P/ASX 200 gained 0.5% to 7,366.90. South Korea’s Kospi added

By KIM TONG-HYUNG and HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — South Korea took a step toward improving ties with its traditional rival Japan on Monday, announcing a plan to compensate Koreans who performed forced labor during Tokyo’s colonial rule that doesn’t require Japanese companies to contribute to the reparations. The plan reflects

By YURI KAGEYAMA Associated Press TOKYO (AP) — Hit Japanese manga “One Piece” is coming to Netflix as a live-action series — a development that’s both exciting and worrisome for fans who have seen mixed success in a growing list of Hollywood adaptations. Chronicling the coming-of-age adventures of Monkey D. Luffy, a young pirate with

BEIJING (AP) — After a decade in Chinese President Xi Jinping’s shadow, Li Keqiang is taking his final bow as the country’s premier, marking a shift away from the skilled technocrats who have helped steer the world’s second-biggest economy in favor of officials known mainly for their unquestioned loyalty to China’s most powerful leader in

By SAMY MAGDY Associated Press CAIRO (AP) — Egyptian authorities say a cargo vessel ran aground in the Suez Canal but traffic through the global waterway was not impacted. The Liberia-flagged MSC Istanbul, heading to Portugal from Malaysia, got stuck in a two-lane part of the Suez Canal on Sunday. The head of the Suez

By JARI TANNER Associated Press TALLINN, Estonia (AP) — Voters in Estonia elected a new parliament Sunday with initial results suggesting the center-right Reform Party of Prime Minister Kaja Kallas. one of Europe’s most outspoken supporters of Ukraine, had won overwhelmingly with nearly all votes counted. Kallas faced a challenge from the far-right populist EKRE

BEIJING (AP) — BGI Group, one of the world’s biggest genetics analysis companies, has said it never would be involved in human rights abuses after the U.S. government said there was a danger some of its units might contribute to Chinese surveillance. Three BGI units were among Chinese companies added to an “entity list” last

By JOE McDONALD Associated Press BEIJING (AP) — China’s government announced plans for a consumer-led revival of the struggling economy as its legislature opened a session Sunday that will tighten President Xi Jinping’s control over business and society. Premier Li Keqiang, the top economic official, set this year’s growth target at “around 5%” following the

The Associated Press Prosecutors and attorneys for FTX founder Sam Bankman-Fried are requesting the disgraced cryptocurrency entrepreneur be allowed a flip-phone or another device that’s not a smartphone while on bail. The proposal was submitted Friday to the judge overseeing the case. Prosecutors alleged last month that Bankman-Fried used electronic devices in ways that can’t

By AAMER MADHANI and FATIMA HUSSEIN Associated Press WILMINGTON, Del. (AP) — The Biden administration is close to tightening rules on some overseas investments by U.S. companies in an effort to limit China’s ability to acquire technologies that could improve its military prowess, according to a U.S. official familiar with the deliberations. The soon-to-be-issued executive

COLUMBIA, S.C. (AP) — A Volkswagen Group-backed automotive company announced plans this week to open a $2 billion electric truck and SUV manufacturing plant just outside of Columbia, South Carolina. Scout Motors Inc. and South Carolina officials said Friday that the company would be establishing its first manufacturing plant in Blythewood at an industrial site.

By JILL LAWLESS Associated Press STRATFORD-UPON-AVON, England (AP) — Thousands of warm hubs have sprouted across Britain as high energy bills fuel a cost-of-living crisis. One of them is in the foyer of the Other Place theater in Shakespeare’s birthplace of Stratford-upon-Avon, offering a cozy refuge from winter. The Royal Shakespeare Company set up the

By TOM KRISHER AP Auto Writer CHICAGO (AP) — The No. 66 bus rattles just like a regular diesel bus on Chicago’s west side, but no one seems to notice the high-pitched whine of the electric motor that makes it go. That’s just what Chicago Transit Authority wants. Buses that don’t pollute the air yet

By JARI TANNER Associated Press TALLINN, Estonia (AP) — Estonia is preparing to hold a general election that will determine whether it can sustain its high level of support for Ukraine. The small Baltic nation has provided Ukraine with more weapons than any other country relative to the size of its economy. Prime Minister Kaja

By TOM KRISHER and MARK THIESSEN Associated Press TOK, Alaska (AP) — Alaska’s rugged and frigid interior, where it can get as cold as minus 50 Fahrenheit (minus 46 Celsius), is not the place you’d expect to find an electric school bus. But here is Bus No. 50, with a cartoon horse decal on its

By JEFF McMURRAY Associated Press Trucker Tim Chelette has been making the same twice-daily drive for 16 years hauling empty whiskey barrels from Louisville, Kentucky, to the Jack Daniels distillery in Tennessee, yet his workday keeps getting longer due to time lost in Nashville traffic. Although trucks wouldn’t be eligible for the pay-to-use express lanes

ARLINGTON, Va. (AP) — Boeing rewarded CEO David Calhoun with compensation valued at $22.5 million for 2022 but won’t pay him a $7 million bonus because the company will fail to get its new 777X jetliner in service by the end of this year. The company said in a regulatory filing Friday that the 777X