Bloomberg Markets
Philippine inflation eased for the fourth straight month in August while staying above the central bank’s target, on slower increases in utility rates and food prices.
Bloomberg Markets
A rush to unwind yen-funded carry trades helped send the currency to a one-month high against the dollar as traders ramped up bets on further Bank of Japan rate hikes.
NY Times Business
The network sued the agency last month to stop it from taking steps that could force ABC stations off the air. The F.C.C. said the lawsuit was premature.
Bloomberg Markets
Toyota's Koji Sato says AI in mobility must be judged on two fronts: accelerating autonomous driving and boosting manufacturing productivity. He speaks exclusively with Bloomberg TV. (Source: Bloomberg)
Bloomberg Markets
Nomura’s Yujiro Goto sees a 25-basis-point BOJ hike in September as reasonable, potentially followed by additional tightening. He adds that external pressure from the US could further influence decision makers. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
Australia's Bathla Group remains in discussions over a short-term funding deal that would avert the collapse of one of Sydney’s largest residential property developers. Bloomberg's Paul Allen reports. (Source: Bloomberg)
Bloomberg Markets
The dollar slumped to start September as traders cut bets on a Federal Reserve rate hike this month and a surging yen rippled across global currency markets.
Bloomberg Markets
Gold steadied — after rising more than 2% on Thursday — after a Federal Reserve official’s comments on inflation helped to lower the odds of an interest-rate hike.
Yahoo Finance
Yahoo Finance
Bloomberg Markets
The financial strain facing some of Indonesia’s biggest state-owned construction firms, rooted in former President Joko Widodo’s infrastructure drive, risks forcing current leader Prabowo Subianto’s sovereign wealth fund Danantara to spend more to overhaul them, potentially limiting its ability to pursue new investments.
Bloomberg Markets
Malaysian palm oil exports likely fell last month on weaker-than-usual festival demand in major buyer India.
Bloomberg Markets
A further unwind of sizable short positions could accelerate the yen’s gains if it strengthens past 155 per dollar, according to JPMorgan Chase & Co. strategists.