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Gains for Asian shares capped by fresh trade jitters, China stocks fall
Asian shares inched up on Friday, helped by Wall Street’s rally, but fresh concerns about Sino-U.S. trade ties capped gains in the region.
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Business News
Malaysia files charges against current, former directors of Goldman Sachs units
Malaysia has filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc in a multi-billion-dollar corruption investigation at state fund 1MDB, the attorney general said on Friday.
Business News
Malaysia files charges against 17 current, former directors of Goldman Sachs units
Malaysia filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc over the multi-billion dollar corruption probe at state fund 1MDB, the attorney general said on Friday.
Business News
Asian shares edge up, but renewed trade jitters cap gains
Asian shares on Friday caught the tail of a Wall Street rally aided by China’s solid export figures and a stabilization in the yuan, but fresh concerns about Sino-U.S. trade ties capped the region’s gains.
Business News
South Korea boycott hitting sales of Japan’s Uniqlo, company says
A boycott on Japanese goods in South Korea has had an impact on casual clothing chain Uniqlo’s sales in the country, the company said on Friday, highlighting the widening economic hit from a diplomatic row over Tokyo’s wartime role.
Business News
Asia stocks inch up but gains capped by fresh Sino-U.S. trade worries
Asian shares caught the tail of a Wall Street rally on Friday, helped by China’s better-than-expected export figures but fresh concerns about Sino-U.S. trade ties are likely to limit gains in the region.
Business News
Trade war escalation nudges U.S. closer to recession: Reuters poll
The recent escalation in the U.S.-China trade war has brought forward the next U.S. recession, according to a majority of economists polled by Reuters who now expect the Federal Reserve to cut rates again in September and once more next year.
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Hemp Farming Close to Home With Monarch Botanicals
The world is embracing cannabis.
For nearly half a century, marijuana enthusiasts and activists have celebrated the international weed smoking holiday, 4/20, on April 20.
And for almost a decade, July 10 has become known as OIL day – a celebration of cannabis oils and extracts.
But even more recently, August 8 has emerged as National CBD Day.
Now, last year, CBD was one of the most searched-for terms on Google.
And its popularity hasn’t decreased.
It’s grown only larger as CBD has expanded to countless facets of our lives. All of which are driving the forecasts that the CBD market will be worth more than …read more […]
Business News
Sarepta says adverse event report for DMD gene therapy erroneously submitted
Sarepta Therapeutics Inc said on Thursday it was informed that an adverse event report was erroneously submitted to the U.S. health regulator regarding an ongoing study of the company’s gene therapy for Duchenne muscular dystrophy (DMD).
Business News
Tesla owner lawsuit claims software update fraudulently cut battery capacity
A Tesla Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what plaintiffs allege are defective batteries.
Business News
Uniqlo to close a Seoul store on anti-Japan boycotts: report
Japanese casual clothing chain Uniqlo plans to close a store in central Seoul, hurt by South Korean consumer boycotts amid a mounting dispute between the two countries, the Yomiuri newspaper reported on Friday.
Business News
Smart home tech makes inroads into China’s emerging elderly care market
Charging elderly clients just 1 yuan or about 15 cents a day, little-known Lanchuang Network Technology Corp has embarked on one of the most ambitious undertakings in aged care by a private sector firm in China.
Business News
Pork producers win dismissal of price-fixing lawsuits – U.S. judge
A federal judge on Thursday dismissed antitrust lawsuits accusing several U.S. pork companies of conspiring to limit supply in the $20 billion-a-year market, in order to inflate prices and their own profits at the expense of consumers and other purchasers.
Business News
Tesla hit by lawsuit claiming thousands of owners lost battery capacity after software update
A Tesla Inc owner has filed a lawsuit against the electric vehicle maker, claiming the company limited the battery range of older vehicles via a software update to avoid a costly recall to fix what plaintiffs allege are defective batteries.
Business News
SEC proposes rule changes to ease company disclosure compliance
The U.S. Securities and Exchange Commission on Thursday proposed changing the rules governing how publicly-traded companies disclose business, legal, and risk factors in regulatory filings in a bid to ease their compliance burden.