Equity analysts have been lowering their earnings predictions for Asian companies due to apprehensions about the worldwide economic deceleration and the lack of a significant rebound from China's reopening following COVID.
A congressional committee investigating the deadly Jan. 6 assault on the U.S. Capitol received thousands of documents before Thursday's deadline for U.S. companies and government agencies to submit them, a committee spokesperson said.
Democrats and Republicans will start what could become a monumental game of chicken this month over raising the limit on U.S. government borrowing, as Congress attempts to avert an historic debt default.
Toyota Motor Corp cut its annual production target by 300,000 vehicles on Friday as rising COVID-19 infections slowed output at parts factories in Vietnam and Malaysia, compounding a global shortage of auto chips.