03 September – 07 September
Turkey’s central bank signalled it might be unable to maintain its much-criticised policy of keeping interest rates on hold after new data showed inflation rising to 17.9 per cent.
At the annual meeting of the World Nuclear Association this week in London, the mood will be mixed at best. There is some good news. Although the pace of development has slowed, the Chinese nuclear construction programme continues. Of the 53 nuclear new reactors under construction in 2017 globally, 20 were in China. Beijing’s commitment to building an industry with international reach is as strong as ever.
After years of struggling to stay afloat, the South Korean shipbuilding industry is preparing for the return of growth. As signs of a global recovery emerge, the country’s big three shipbuilders — Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries — have also cleaned up their balance sheets through tough restructuring.
Indonesia’s currency continued its weakening trend on Monday, hitting its lowest against the dollar in two decades and prompting the country’s central bank to intervene in the market.
Business confidence among manufacturers in Vietnam has fallen to its lowest in at least six years as fears of global trade flows, according to an industry survey.
Deutsche Bank is to drop out of Europe’s leading index of blue-chip companies this month, the latest setback for the group that before the financial crisis was one of the world’s largest lenders by assets.
Lego’s sales and profits continued to slide as a new chief executive at the world’s most profitable toymaker seeks to stabilise the privately owned company.
US stock futures drifted lower ahead of Tuesday’s open as traders return from the Labor Day holiday with an eye on the volatile global backdrop marked by trade tensions and market turmoil in Argentina and Turkey.
South African factories reported the sharpest decline in output in more than two years in August, adding further fuel to a sell-off in the rand a day after official data showed the country had slipped into recession.
Shares in UK bookmaker William Hill rose as much as 5 per cent in early trade on Wednesday after the group announced a nationwide partnership with US-based casino operator Eldorado Resorts, accelerating its push into the newly liberalised market.
Singapore and Malaysia on Wednesday signed an agreement to defer the high speed rail link connecting the two countries for almost two years, in what is a sharp reversal from Kuala Lumpur’s initial plans to cancel the project altogether.
China’s biggest bitcoin mining company Bitmain Technologies is hoping to raise up to $1bn in pre-IPO private funding even as the falling value of bitcoin has hit demand for its products and brought down prices.
Sweden’s central bank said on Thursday it plans to raise its main lending rate in either December or February, but said that core inflationary pressures remain “moderate”.
Taxify, a ride-hailing app backed by Daimler and Didi Chuxing, has become the third company to launch electric scooters in Paris, after US start-ups Bird and Lime entered the market earlier this summer.
Brussels has approved Apple’s purchase of music-recognition app Shazam without conditions, after an in-depth investigation.
Russia’s rouble joined the ranks of emerging market currencies descending to multiyear lows, with the currency hitting its weakest level since 2016.
The Australian dollar took a fall on Friday in the face of building downward pressure from concerns over the next round of escalation in the US-China trade war.
Activist investor Elliott Management has reignited a campaign to force Hyundai Motor, South Korea’s second largest conglomerate, to overhaul its corporate structure, paving the way for another showdown between the two adversaries.
Gambling software developer Playtech has sold its near 10 per cent holding in online trading site Plus500 a day after the site’s five founders disclosed plans for a share sale worth £145m at the same price.
Asia-Pacific stocks fared poorly on Friday amid persistent concerns about tariffs and emerging markets.