Japan final April PMI shows manufacturing activity accelerating, export orders solid Japanese manufacturing activity expanded at a stronger pace in April than the previous month as export orders increased, a revised survey showed on Monday, suggesting firms' output remains on track to rise thanks to overseas demand. The Final Markit/Nikkei […]
UPS air maintenance workers threaten strike ahead of shareholders meeting A union representing 1,200 U.S. air maintenance workers at United Parcel Service Inc (UPS.N) turned up pressure on the company on Sunday to settle a three-year contract dispute, saying it would seek clearance to strike. The union is taking its […]
U.S. to probe Japanese, German automakers over alleged patent violations The United States will begin an investigation into whether thermoplastic components used in some Japanese and German vehicle models sold in the country violate its patent laws, trade authorities said late last week. The U.S. International Trade Commission (USITC) on […]
China April manufacturing growth slows faster than expected Growth in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers' efforts to reduce financial risks in the economy weighed on demand. The National Bureau of Statistics' official Purchasing […]
Off target in 2016, global elite regroup at Milken conference Titans of U.S. industry and Wall Street gather in Beverly Hills this week to discuss how to navigate – and profit from – hot topics such as U.S. tax reform, the upcoming French election and Chinese economic growth. U.S. President […]
French amphibious carrier visits Japan ahead of Pacific show of power As tension spikes on the Korean peninsula, a French amphibious assault carrier sailed into Japan's naval base of Sasebo on Saturday ahead of drills that risk upsetting China, which faces U.S. pressure to rein in North Korea's arms programs. […]
U.S. says time to act on North Korea, China says not up to Beijing alone U.S. Secretary of State Rex Tillerson warned on Friday that failure to curb North Korea's nuclear and ballistic missile programs could lead to 'catastrophic consequences,' while China and Russia rebuked Washington's threat of military force. […]
ASEAN firms up South China Sea stance as Beijing lobbies over statement Southeast Asian countries have altered a statement to be issued at Saturday's ASEAN summit to include references to militarization and island-building in the South China Sea, the latest draft shows, in a move likely to frustrate Beijing. Chinese […]
Brazil protesters, police clash in first general strike in decades Brazilian protesters torched buses, clashed with police in several cities and marched on President Michel Temer's Sao Paulo residence on Friday amid the nation's first general strike in more than two decades. Unions called the strike to voice anger over […]
EU leaders unite on Brexit demands, for now European Union leaders will endorse a stiff set of divorce terms for Britain at a summit on Saturday, rejoicing in a rare show of unity in adversity, but well aware that may start to fray once negotiations begin. Meeting for the first […]
