28 August – 01 September

28 August

Donald Trump has revived his threat to pull the US out of the North American Free Trade Agreement in recent days and as officials get ready to gather in Mexico City later this week for round two of the renegotiations now under way, that raises three questions.

AstraZeneca, the UK drugmaker, is set to proceed with improvements at its Cheshire manufacturing facility, having said a month ago that Brexit meant it had to pause before undertaking new investment.

CBS Corporation has agreed to buy Australia’s Ten Network, establishing a beachhead Down Under for the US broadcaster.

European stocks drifted lower as the euro hovered around fresh highs against the dollar on a quiet morning of trading on Monday, after central bank chiefs at last week’s Jackson Hole symposium did little to reverse the currency’s recent momentum.

29 August

US home prices rose at a steady clip in June, according to a closely watched report, highlighting how a strong labour market and a low supply of homes for sale has put pressure on pricing.

A record 74 per cent of Japanese are satisfied with their lives, and, for the first time in two decades, a majority are content with their income, says a Cabinet Office survey.

Indonesia has reached an agreement with US copper miner Freeport-McMoran to allow the company to keep operating its giant Grasberg mine in the country.

The Renault-Nissan Alliance has announced a new joint venture with Dongfeng Motor to develop and sell electric vehicles in China in the latest tie-up between western and Chinese carmakers to tap China’s electric car market.

30 August

The UK’s annual growth rate of consumer credit dropped below double-digits for the first time since April 2016 during July, according to the latest money and debt statistics published by the Bank of England on Wednesday.

The dollar is heading for its longest monthly losing streak in 14 years despite staging a recovery late on Tuesday, as concerns about tropical storm Harvey’s impact on the US economy combined with fresh tensions over North Korea to push bond yields lower.

European equities opened higher and government bond yields edged up as markets rediscovered their appetite for risk, despite lingering concerns over North Korea’s missile launch yesterday.

Hyundai Motor has resumed production at its China factories, days after it was halted over a payment dispute.

31 August

The number of employed Italians has risen above 23m for the first time since 2008, boosting hopes that the recovery in the eurozone’s third-largest economy is gathering pace.

Equities markets were mixed in Asia Pacific trading, with Hong Kong breaking form from recent gains as shares in Tokyo and Sydney climbed.

Two explosions and black smoke emanated from a flooded chemicals plant near Houston, its operator disclosed early on Thursday.

Shares in Alfa Financial surged 7.6 per cent to £4.65 after the specialist software company beat expectations to post sparkling maiden results on Thursday.

01 September

South Korea’s manufacturing sector declined for a second straight month in August – albeit barely – as foreign exchange movements drove a sharp increase in input costs, according to an industry gauge.

Taiwan’s manufacturing sector expanded at its fastest rate in five months in August as new orders were boosted by sharp increase in new export business.

Shares UK pharmaceuticals group Indivior dropped more by more than a third on Friday morning, after the company warned that a ruling by a US court had cleared the way for new competitors to its main product that could wipe out the majority of its market share.

When hurricanes Katrina and Rita tore into the Gulf of Mexico coast in 2005, the US was importing the most foreign oil in its history. Petrol prices soared, allies released emergency fuel stocks and President George W Bush urged Americans to drive less.