Japan's manufacturing activity grew at the weakest pace in three months in May, as China's heavy-handed coronavirus curbs aggravated supply disruptions and raised risks for the economic outlook.

U.S. President Joe Biden and Federal Reserve Chair Jerome Powell met on Tuesday to discuss historic inflation that is draining Americans' pocketbooks.

Japanese firms raised capital spending for the fourth straight quarter in January-March, underscoring the resilience of business investment led by manufacturers despite uncertainty over the COVID pandemic and the war in Ukraine.

WASHINGTON (Reuters) -The head of the U.S. Senate Banking Committee on Tuesday called on Wells Fargo & Co Chief Executive Charles Scharf to "finally" address weaknesses at the bank, including "governance, risk management, and hiring practices."

U.S. President Joe Biden on Tuesday met with Federal Reserve Chair Jerome Powell to discuss historic inflation that's draining American wallets, even as he assured the central bank chief he would have freedom from political interference.

(Reuters) -U.S. President Joe Biden will meet Federal Reserve Chair Jerome Powell on Tuesday as historic inflation drains Americans' pocketbooks.