News

Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury auctions that harmed both investors and borrowers.

China is likely to host a second round of peace talks between the Afghan government and Taliban representatives next week, an Afghan official said on Friday, raising hopes for progress toward a political settlement to end years of bloodshed.

The Supreme Court has said a group seeking to lower drug prices should be allowed to petition the country's government to review its pricing policy for medicines deemed essential, according to a court order published this week.