Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. The Nikkei 225 in Tokyo nosedived 7.3 percent to close at 14,483.98.
A day after admitting the killing of four Americans in drone strikes, the president will announce new limits on the program of targeted attacks. Mr. Obama also plans to renew his effort to close Guantánamo prison.
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