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Trade asian news

Yun Li - Bill Ackman's IPO of Pershing Square closed-end fund is postponed, NYSE says - cnbc.com - Usa - New York - city New York

Bill Ackman's IPO of Pershing Square closed-end fund is postponed, NYSE says

Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the New York Stock Exchange's website.

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ANNA NISHINO - Nikkei staff writer - WTO members reach digital trade deal to ban tariffs on data - asia.nikkei.com - Japan - Singapore - Australia - city Tokyo - city Singapore

WTO members reach digital trade deal to ban tariffs on data

TOKYO -- World Trade Organization members negotiating rules on e-commerce agreed Friday to permanently ban tariffs on cross-border data transmissions.

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Eli Lilly - Alzheimer's drug from Eisai and Biogen rejected in Europe - asia.nikkei.com - Japan - China - Hong Kong - Israel - South Korea - Eu

Alzheimer's drug from Eisai and Biogen rejected in Europe

(Reuters) -- The European Union's drugs regulator has rejected Eisai and Biogen's Leqembi treatment for early Alzheimer's disease, saying the risk of serious brain swelling did not outweigh its small impact on slowing cognitive decline.

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PAK YIU - Nikkei staff writer - China becomes a punching bag for assertive U.S. states - asia.nikkei.com - China - New York - Washington - state Oklahoma

China becomes a punching bag for assertive U.S. states

NEW YORK -- U.S. state-level officials on both sides of the political spectrum have taken an increasingly confrontational stance against China through actions that tighten trade and economic restrictions, complicating Washington's diplomacy with China.

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Narendra Modi - S.Jaishankar - KIRAN SHARMA - Nikkei staff writer - India and U.K. eye early FTA under new Starmer government - asia.nikkei.com - India - Britain - city New Delhi

India and U.K. eye early FTA under new Starmer government

NEW DELHI -- India and the U.K. are working toward concluding a free trade agreement soon with the new British Foreign Secretary David Lammy describing ongoing negotiations as "the floor not the ceiling" of shared ambitions to unlock their bilateral potential and deliver growth.

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Pia Singh - Stock futures rise slightly as investors prepare for Fed’s preferred inflation gauge: Live updates - cnbc.com

Stock futures rise slightly as investors prepare for Fed’s preferred inflation gauge: Live updates

Stock futures rose on Friday morning as the major averages head for weekly losses and investors anticipated a reading of the Federal Reserve's preferred inflation gauge.

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Vladimir Putin - Kim Jong - Bloomberg - North Korea’s economy rebounds as Russia ties fuel arms trade - scmp.com - Usa - Russia - South Korea - North Korea - Ukraine - city Pyongyang - city Moscow

North Korea’s economy rebounds as Russia ties fuel arms trade

North Korea’s economy roared back to life as arms transfers with Russia provided support for Kim Jong-un’s regime, allowing the leader to shun diplomacy as he ramped up his threats against the United States and South Korea.

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TSUBASA SURUGA - Nikkei staff writer - Singapore keeps monetary policy tight, lowers inflation outlook - asia.nikkei.com - Singapore - city Singapore

Singapore keeps monetary policy tight, lowers inflation outlook

SINGAPORE -- Singapore's central bank on Friday kept its monetary policy unchanged for a fifth consecutive meeting, even as the latest inflation figures came in lower than expected.

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