Business

SoftBank’s LY, Bain raise Kakaku bid again, widen lead over rival EQT offer

Thursday, July 2 by SRN News

TOKYO, July 2 (Reuters) - SoftBank's LY Corp and Bain Capital have raised their bid for Kakaku.com again, valuing the Japanese price-comparison website operator at 670 billion yen ($4.12 billion) and widening their lead over a rival offer from Sweden's EQT. In the legally binding... Read More.

US job growth likely cooled in June after recent string of big gains

Thursday, July 2 by SRN News

By Lucia Mutikani WASHINGTON, July 2 (Reuters) - U.S. job growth likely slowed to a still-solid clip in June, with the unemployment rate expected to hold steady at 4.3% for a fourth straight month, consistent with a stable labor market. The anticipated moderation would follow three... Read More.

Exclusive-Japan shifts to ambush intervention tactics against yen short sellers, sources say

Thursday, July 2 by SRN News

By Makiko Yamazaki, Tamiyuki Kihara and Leika Kihara TOKYO, July 2 (Reuters) - Japanese officials are abandoning their habit of telegraphing intervention risks, instead signalling a more targeted campaign to squeeze speculators and raise the cost of betting against the battered yen, two sources... Read More.

Is hiring picking up in the US? Thursday’s report will help illustrate trends

Wednesday, July 1 by SRN News

WASHINGTON (AP) - Is the U.S. economy emerging from a period of sluggish hiring to something more dynamic? Thursday's report from the Labor Department on June job changes will provide some important clues. The report could show that 100,000 new jobs were added last... Read More.

Chinese and US risks mean EU chip sector faces a ‘bleak future,’ report says

Wednesday, July 1 by SRN News

By Toby Sterling AMSTERDAM, July 2 (Reuters) - Chinese export controls, dependence on the U.S. for technology and the structural weakness of Europe's domestic chip industry mean it faces a "bleak future," an EU-funded report found on Thursday. The independent report by the European Union's Institute... Read More.

Bayer shifts US glyphosate business to Ruveon after seeking tariffs on Chinese imports

Wednesday, July 1 by SRN News

July 1 (Reuters) - Bayer said on Wednesday it is consolidating its U.S. glyphosate business into its Ruveon unit, a day after it asked Washington to impose duties on Chinese imports of the chemical used in the company's weedkiller Roundup. • Bayer, the only U.S.... Read More.

China restricts some Fortescue iron ore cargoes as talks drag, sources say

Wednesday, July 1 by SRN News

July 1 (Reuters) - China's state iron ore buyer has asked some domestic steel mills not to take delivery of certain portside iron ore products from Fortescue, industry sources said, the latest Australian miner to fall foul of Beijing's push to increase control over... Read More.

Dollar steady as focus turns to US payrolls, yen intervention jitters persist

Wednesday, July 1 by SRN News

By Satoshi Sugiyama TOKYO, July 2 (Reuters) - The dollar held steady on Thursday as markets awaited key U.S. non-farm payrolls data, while the yen's slide to 40-year lows against the greenback and thin trading ahead of a U.S. holiday kept traders on high alert... Read More.

Oil falls after US, Iran talks conclude in Doha

Wednesday, July 1 by SRN News

By Sam Li and Lewis Jackson BEIJING, July 2 (Reuters) - Oil prices dropped in early trade on Thursday after Qatar said Iran and the U.S. had made "positive progress" in indirect talks that concluded on Wednesday, focused on the Strait of Hormuz, which handled... Read More.

China’s Inner Mongolia bets on solar and wind but coal stays close

Wednesday, July 1 by SRN News

ORDOS, China (AP) - Seen from the air, the arrays of more than 3 million solar panels shimmering in the desert sun at the Dalad Banner solar farm are arranged in the shape of a galloping horse - a symbol of Inner Mongolia's nomadic... Read More.

Current Weather

SoftBank’s LY, Bain raise Kakaku bid again, widen lead over rival EQT offer

US job growth likely cooled in June after recent string of big gains

Exclusive-Japan shifts to ambush intervention tactics against yen short sellers, sources say

Is hiring picking up in the US? Thursday’s report will help illustrate trends

Chinese and US risks mean EU chip sector faces a ‘bleak future,’ report says

Bayer shifts US glyphosate business to Ruveon after seeking tariffs on Chinese imports

China restricts some Fortescue iron ore cargoes as talks drag, sources say

Dollar steady as focus turns to US payrolls, yen intervention jitters persist

Oil falls after US, Iran talks conclude in Doha

China’s Inner Mongolia bets on solar and wind but coal stays close

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