China’s Q2 growth slows, likely to spur reform effort
BEIJING (Reuters) – China’s annual GDP growth slowed to 7.5 percent in April to June – the ninth quarter in the last 10 that expansion has weakened – putting pressure on Beijing to quicken reforms rather than slow them to take up the economic slack.
Asian stocks, Aussie dollar show relief over China data
SYDNEY (Reuters) – Asian stocks rose on Monday, while the Australian dollar popped higher as investors heaved a sigh of relief after a batch of Chinese data showed the slowdown in the region’s economic powerhouse was not as bad as feared.
ISS urges vote against four McKesson directors over CEO pay
NEW YORK (Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) is urging shareholders of McKesson Corp to vote against the re-election of four directors, citing the firm’s persistent problems in addressing shareholders’ concerns abou…
Boeing’s latest 787 fire poses major test of jet’s carbon skin
SEATTLE/PARIS (Reuters) – Boeing faces a public and revealing test of the carbon-composite technology used in the 787 Dreamliner following a fire that broke out aboard one of its planes at London’s Heathrow airport.
Proxy adviser ISS urges vote against four McKesson directors: WSJ
NEW YORK (Reuters) – Proxy advisory firm Institutional Shareholder Services is urging shareholders of McKesson Corp to vote against the re-election of four directors, citing the firm’s persistent problems in addressing shareholders’ concerns about exec…
Analysis: Even as election spells Japan PM win, big reform may lose out
TOKYO (Reuters) – Prime Minister Shinzo Abe is likely to win a mandate on Sunday for his three-part recipe to end stagnation in the world’s third-biggest economy, but anyone expecting him to use it to push a “Big Bang” reform agenda may need a reality …
Small is big for Japanese automakers eyeing Indonesia and India
TOKYO (Reuters) – Japanese automakers like Honda Motor Co and the Toyota-Daihatsu group have a problem: the smallest cars they make are very big in Japan – and only Japan.
China economic slowdown seen deepening as Beijing pushes reform
BEIJING (Reuters) – China’s GDP growth is expected to have slowed down in the second quarter as weak overseas demand weighs on output and investment, providing a test for Beijing’s resolve to revamp the world’s second-biggest economy in the face of det…
Insight: Smuggling rice to Thailand – like coals to Newcastle
SA KAEO, Thailand/SINGAPORE (Reuters) – Hidden in 18-wheeler trucks, carts and pick-up vans, hundreds of thousands of tonnes of rice are being smuggled from Cambodia and Myanmar into Thailand, although the country holds enough stocks to meet half the w…
Analysis: As China’s economic pain increases, so does reform effort
BEIJING (Reuters) – China’s reform-minded leaders are more willing than ever to raise the pain threshold for the economy to push through long-term reforms, despite a protracted slowdown that has sparked calls for looser monetary policy.
