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McKINNEY, Texas (AP) — A judge on Thursday will consider whether to grant Texas teenager Karmelo Anthony a new trial following his murder conviction earlier this summer in the stabbing death of a 17-year-old athlete at a high school track meet. In a legal victory for Anthony, the judge who presided over his trial was removed from the case Wednesday. Judge Michael Chitty was then assigned to consider the motion […]

WASHINGTON (AP) — Prince Harry urged communities to better apply service members’ skills when they return to the workforce during an intimate gathering with U.S. veterans Wednesday night. “The world needs more heroes,” he told the roundtable. “And it’s not about creating more heroes because they already live among us. It’s about being able to really value their expertise, their experiences.” The Duke of Sussex, who served 10 years in […]

By Michael S. Derby and Ann Saphir Aug 20 (Reuters) – Federal Reserve Chairman Kevin Warsh has promised that the U.S. central bank will deliver price stability, but Treasury Secretary Scott Bessent’s decision on Wednesday to double buybacks of longer-dated U.S. debt may complicate any effort to do so.  On Wednesday, the Treasury Department announced that it was doubling the size of its effort to buy back Treasury securities with […]

HONG KONG, Aug 20 (Reuters) – The billionaire founder of China Evergrande Group, the world’s most-indebted property developer, was sentenced to life in prison on Thursday by a Chinese court, which ordered all his personal property confiscated. Hui Ka Yan pleaded guilty in April to eight charges, including misuse of funds, fundraising fraud and illegally taking public deposits. Evergrande, once China’s premier developer, has defaulted since 2021 on most of […]

TAIPEI, Aug 20 (Reuters) – Taiwan’s government on Thursday formally proposed an 18% rise in defence spending for next year, taking it above T$1 trillion ($31.41 billion) for the first time as Taipei continues to bolster its military in the face of China. The budget details come as China, which views democratically governed Taiwan as its own territory, has ramped up military and political pressure over the past few years […]

By Rae Wee SINGAPORE, Aug 20 (Reuters) – Standard Chartered is helping its wealth management clients deploy a portion of their assets to hedge funds to better cushion the impact of heightened market volatility, a top executive said. The Asia-focused bank’s move comes as global allocations to hedge funds have gathered pace with investors increasingly looking beyond traditional stocks and bonds into alternative assets, and as StanChart leverages the region’s […]

CLEVELAND (AP) — Peyton Watson is heading from Denver to Cleveland as part of a four-team trade that will also have the Cavaliers sending Max Strus to the Los Angeles Clippers. A person familiar with the trade said Wednesday night that Watson, a restricted free agent who spent his first four NBA seasons with the Nuggets, will sign a four-year contract with the Cavaliers worth $88 million that includes a […]

BALTIMORE (AP) — Major League Baseball now uses technology to confirm or overturn balls and strikes. Is it time for something similar around the foul poles? The Baltimore Orioles certainly felt aggrieved Wednesday night against the New York Yankees after Pete Alonso’s deep fly to left field in the seventh inning was ruled foul — and the call was upheld on a review. The play occurred with the game tied […]

TOKYO (AP) — Japan’s imports and exports set records in July and soaring energy costs and a weak yen helped extend a trade deficit for a third month, government data showed. Japan’s trade deficit totaled 634.5 billion yen ($4 billion) last month, marking the third straight month of red ink, the Finance Ministry said in a preliminary report Thursday. Imports surged 27.8% from the same month a year ago to […]