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By Jiaxing Li HONG KONG, Aug 25 (Reuters) – The U.S. dollar struggled to hold onto gains against major peers on Tuesday, as investors parsed Washington’s expanded Iran-related sanctions and renewed efforts to ease pressure on longer-dated Treasury yields. The euro was a shade higher at $1.1668, hovering near a three-month peak hit last week, while sterling was 0.1% stronger at $1.3639, near its six-month peak. U.S. Treasury Secretary Scott […]

By Rae Wee SINGAPORE, Aug 25 (Reuters) – Asia shares slipped on Tuesday while oil prices extended losses, after threats from the U.S. for an “economic D-Day” of sanctions on Iran turned out to be a damp squib. U.S. Treasury yields were off their recent highs following a report that the Treasury Department might tap into its cash account to finance increased debt buybacks, which could reduce the need for […]

BUFFALO, N.Y. (AP) — A police investigation into the death of Buffalo Bills defensive tackle Ed Oliver’s 1-year-old son has resulted in no criminal findings and the case is now considered closed, the Harris County Sheriff’s Office in Texas announced on Monday. The closing of the case comes after the child’s death on June 28 was first confirmed on Saturday in a statement from Bills GM Brandon Beane expressing condolences […]

PHOENIX (AP) — The Arizona Diamondbacks hope three-time All-Star Ketel Marte will return to their lineup next week, roughly two weeks after his unexpected disappearance from the team before a game in Boston. Diamondbacks manager Torey Lovullo said Monday the team’s plan is for the second baseman to return for a home series against the Philadelphia Phillies, which starts on Aug. 31. Marte was initially put on the restricted list […]

SACRAMENTO, Calif. (AP) — The California Senate passed a bill Monday that would fine content creators who don’t disclose they were paid to post in support of a political candidate or issue on the ballot. California, along with Texas, already requires content creators to include payment disclaimers on their political posts. The goal of this year’s bill is to better enforce the law. The legislation, which was authored by Democratic […]

WASHINGTON (AP) — The Trump administration is preparing to revoke the business and tourism visas of up to 200,000 foreigners who have applied for or are currently seeking asylum status in the United States. If it happens, the move would be the largest single mass revocation of visas in U.S. history and would likely face legal challenges. Unless challenged or revised, the State Department is expected to announce in the […]

By Yasmine Ghania and David Lawder CAIRO/WASHINGTON, Aug 25 (Reuters) – Iran promised to retaliate against expanded U.S. economic sanctions that the Americans said would cut off Iran’s economic lifeline, with Tehran expressing confidence that major trading partners would resist Washington’s pressure campaign. U.S. Treasury Secretary Scott Bessent unveiled the measures on Monday but stopped short of the most punishing sanctions, saying countries that continued trading with Iran risked being […]

Aug 24 (Reuters) – Alabama’s attorney general said on Monday the state had opened an investigation into OpenAI after its models hacked technology company Hugging Face last month, raising concerns about how artificial intelligence firms control their powerful systems. Here are a few details: • Last week, IPO-bound OpenAI said it would slow the pace of model development while overhauling its research and training systems after company officials were caught […]

SEOUL, Aug 25 (Reuters) – South Korean chipmaker SK Hynix’s union members on Tuesday rejected a tentative wage agreement, with just over 50% voting against the deal, according to a source familiar with the matter. A total of 50.08% of the 15,045 workers who cast ballots voted against the agreement, the source said. The agreement, reached last week, included a 6.3% wage increase and a revision to SK Hynix’s profit-sharing […]