Japan curbs could drag on, hurt global economy: Moon
Japan’s export curbs on key materials used by South Korean tech companies could drag on despite diplomatic efforts to end the dispute, South Korea’s president said on Wednesday, pledging to help firms to reduce their reliance on Japanese suppliers.
China June exports seen falling, adding to fears of global slowdown: Reuters poll
China’s exports likely fell in June as weakening global demand and a sharp hike in U.S. tariffs took a heavier toll on the world’s largest trading nation, a Reuters poll showed.
Oil gains after U.S. stockpiles drop, rigs evacuated
Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm.
Asia shares count on Powell to stay accommodative
Asian shares pulled ahead on Wednesday while rising Treasury yields lifted the dollar as investors waited anxiously to hear if the world’s most powerful central banker would confirm or confound expectations for U.S. easing this month.
British billionaire Dyson snaps up Singapore’s priciest penthouse
British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build an electric car.
Apple starts China app development program in services business push
Apple Inc has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker’s efforts to build out its services business in one of its most critical overseas markets.
Apple starts China app development program in services business push
Apple Inc has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker’s efforts to build out its services business in one of its most critical overseas markets.
Fed chief likely to focus on trade-inspired policy shift in testimony
The U.S. Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers’ gut instincts about where the economy was heading.
Fed chief likely to focus on trade-inspired policy shift in testimony
The U.S. Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers’ gut instincts about where the economy was heading.
Corporate activist Elliott outspending rivals: Lazard data
Elliott Management Corp, Paul Singer’s $35 billion hedge fund, has outspent all rivals in pushing for corporate changes like spin-offs, mergers, and management overhauls this year.
