The number of Americans filing new applications for jobless benefits fell last week, pointing to steady job growth in July, though some laid off workers are experiencing long spells of unemployment because of a moderation in hiring.
Japan told Group of 20 (G20) countries that tariffs aren’t the right way to fix imbalances, and that countries facing such situations need to address them through domestic efforts, according to Finance Minister Katsunobu Kato.
US ride-hailing company Uber on Thursday said it was planning to deploy at least 20,000 robotaxis over the next six years, German Press Agency (dpa) reported.
A Japanese government official called on China to expand a programme allowing certain mainland investors to put more money abroad, citing “strong enthusiasm” for Japanese stocks.
Asian shares tracked Wall Street higher on Friday as still-strong US economic data and robust corporate earnings offset tariff worries, while the yen headed toward a second successive week of loss ahead of Japan's upper house election.
The European Union has proposed a budget of close to €2 trillion (RM9.87 trillion) for its next seven-year budget, as it seeks to fend off a range of challenges from rising global economic competition to increased defence demands.