Latest News
Japan's August Trade Gap Quadruples as Oil Costs Outpace Chip Boom
Japan's August trade deficit quadrupled to ¥1.106 trillion as energy import costs soared, while chip exports surged 52.3%. The BOJ meets next week.
James Hardie Boosts Cash Flow Goal, Stock Still Slips 5%
James Hardie ups FY27 cash flow target to $600M, but shares slide 5% as earnings forecasts hold, with investors wary of growth assumptions.
Trip.com's $5.18B Fine and 50% International Growth: What's Next?
Trip.com's Q2 results were overshadowed by a $5.18B antitrust fine, but international growth of 50% offers a bright spot. The real question is whether regulatory changes will weigh on future margins.
Pokémon 30th Anniversary Box Sells at 236% Premium on Secondary Market; Nintendo Not Beneficiary
Pokémon's 30th Anniversary Elite Trainer Box, retailing at $49.99, is already trading at a 236% premium on secondary markets ahead of its Sept. 16 launch, yet Nintendo won't directly profit from the resale.
Bybit Launches Five-Minute Binary-Style Crypto Contracts
Bybit's new Odds product offers short-term binary-style contracts on Bitcoin and Ether, with payouts settled in as little as five minutes.
CoinEx Winds Down: Trading to Halt Sept. 29, Withdrawals End Dec. 22
CoinEx will cease spot trading on Sept. 29 and halt withdrawals on Dec. 22, converting assets to USDT and charging a 5% monthly custody fee after that date.
Quebec Election: PQ's $6.6B Savings Plan Faces Bond Market Scrutiny
The Parti Québécois aims to balance Quebec's budget a year early via C$6.6B in savings, but bond investors demand details.
Belgium Curbs Live Nation's Pukkelpop Control in Decade-Long Remedy
Belgium's competition authority lets Live Nation keep Pukkelpop but forces a 10-year separation, with an independent operator controlling lineup, pricing, and operations.
Reliance Worldwide's Brookfield Deal Now Tied to USD, Not Fixed A$4.75
Reliance Worldwide converts Brookfield's takeover into a binding scheme at US$3.38/share, so the Australian-dollar value will fluctuate with exchange rates until closing.
WTO: Trade Reform Could Boost GDP 2.9%, Inaction Risks 10% Loss
WTO models show stronger trade cooperation could boost global GDP 2.9% by 2050, while fragmentation could cost up to 10% of output.
Kennedy Center Main Building to Close for Two-Year $257M Renovation
The Kennedy Center will close its main building for two years starting immediately, using $256.657 million in federal funds, while facing a projected $23 million operating shortfall.