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Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt

A group of Credit Suisse bondholders filed a lawsuit against the Swiss government, seeking full compensation over the contentious decision…

U.S. economic engagement in Indo-Pacific ‘isn’t about China,’ Commerce Secretary Raimondo says

America’s economic engagement in Indo-Pacific “isn’t about China” but for strengthening U.S. presence in the region, Commerce Secretary Gina Raimondo…

War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine

Russia’s annual economic forum in St. Petersburg used to be known as the country’s “Davos” in a nod to the…

Cash for trash: How activists are responding to Pyongyang’s rubbish-filled balloons into South Korea

The battle of the balloons continues. North Korean defectors, part of an activist group in Seoul, are fighting back —…

Chinese electric car company Nio to enter Middle East this year amid global expansion by peers

BEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William Li said…

Trump suggests tariffs against nations including China over illegal immigration

Republican presidential candidate Donald Trump said on Thursday he may impose tariffs on countries, including China, that do not curb the flow of undocumented immigrants…

China’s Alibaba is courting European and U.S. small businesses as it goes global

BEIJING — Chinese e-commerce giant Alibaba is ramping up its global expansion with new services aimed at attracting small businesses…

Supreme Court Justice Clarence Thomas accepted gifts worth millions of dollars over 20 years, analysis finds

Supreme Court Justice Clarence Thomas accepted millions of dollars’ worth of gifts over the past two decades on the bench,…

Milwaukee-based retail giant Kohl’s says ‘No’ to sponsoring Republican convention events

Milwaukee-based department store giant Kohl’s says it will not sponsor any events related to the Republican National Convention in that…

Stock market today: US stocks trade mixed ahead of key May jobs report

The stock market rally wobbled on Thursday as indexes traded mixed ahead of the May nonfarm payroll report.  Shares of…