Reuters

By Jamie McGeever

(Reuters) - A look at the day ahead in Asian markets.

The dovish waves from Fed Chair Jerome Powell's press conference on Wednesday continue to wash over world markets, putting Asian stocks on the cusp of a second straight weekly gain and highs not seen in well over a year.

Investor sentiment is positive and risk appetite looks strong going into the Asian open on Friday, after world stocks rose and U.S.... (continue reading...)

By Humeyra Pamuk, Alexander Cornwell and Matt Spetalnick

WASHINGTON/DUBAI (Reuters) - The Biden administration and Saudi Arabia are finalizing an agreement for U.S. security guarantees and civilian nuclear assistance, even as an Israel-Saudi normalization deal envisioned as part of a Middle East “grand bargain” remains elusive, according to seven people familiar with the matter.

A working draft lays out principles and proposals aimed... (continue reading...)

LOS ANGELES (Reuters) -The captain of a dive boat that caught fire and sank off the California coast in 2019, killing 34 people in one of the state's deadliest maritime disasters, was sentenced on Thursday to four years in prison for his conviction on a federal charge of seaman's manslaughter.

Jerry Boylan was found guilty by a U.S. District Court jury in November on a single count of "misconduct or neglect of a ship officer" under a federal homicide... (continue reading...)

(Reuters) - The Islamic resistance in an Iraq militant group launched attacks on targets in Israel with cruise missiles from Iraqi territory, a source in the group said.

(Reporting by Timour Azhari; Editing by Chris Reese)

(Reuters) - The U.S. Department of Justice is seeking more details and documentary materials as part of an antitrust review of Nippon Steel's proposed $15 billion takeover of U.S. Steel, the American firm said on Thursday.

Commonly known as a "second request," it can mark the start of a lengthy legal process from which few mergers emerge successful.

The DoJ's request comes after the Japanese firm's proposed bid drew sharp criticism in... (continue reading...)