Japan’s Prime Minister Fumio Kishida called for a discussion of economic measures next month after ordering the ruling party to present an outline of gasoline and other fuel price relief measures by the end of August.
Ubisoft Entertainment SA shares rose the most since February after Microsoft Corp. offered the French video game publisher some cloud-streaming rights in order to complete its takeover of Activision Blizzard Inc.
Geely Automobile Holdings Ltd., one of China’s largest independent carmakers, posted first-half earnings that beat estimates, weathering a price war that continues to hit the industry.
Record pay rises and the slide in property prices caused the biggest improvement in UK housing affordability in more than a decade, a glimmer of hope for young buyers who have been priced out by stretched valuations.
Chinese investors are gradually returning to Dubai’s real estate market, joining Russian and other international buyers who have already pushed property prices in the emirate to record levels.
Indian cryptocurrency exchange CoinDCX is reducing its staff by 12%, after the platform’s revenues were hit by an ongoing slump in virtual currency trading.
Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail and wildfires linked to climate change become more frequent.
Leaders of the BRICS nations will focus on ways to reduce dependence on the US dollar when they meet starting Tuesday, South Africa said. The rand advanced after the bloc’s bank agreed to lend $1 billion to a state-owned company.
US Commerce Secretary Gina Raimondo will travel to China next week, making her the fourth cabinet-level official to visit since June as the US seeks to sustain high-level contacts despite strains over Taiwan and US plans to limit some exports.
In an era of soaring interest rates and intense competition, fintechs are increasingly deciding they need to become banks to ensure their longterm survival. They’re also finding that doing so isn’t easy.
