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TOKYO -- Fifteen Japanese companies including Isuzu Motors and trading house Sojitz will receive government funding to create supply chains in Southeast Asia, Nikkei has learned, part of an initiative with investments estimated at 100 billion yen ($679 million).
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A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve to start lowering interest rates.
It's too early to give the all-clear to the rapid unraveling of "carry trades," strategists have said, warning investors that the unwind may still have further room to run.
Stock futures were mostly flat on Tuesday evening as Wall Street looks to keep a strong start to the week going with a key inflation report on deck.
LONDON — European stocks closed higher on Tuesday, as market participants monitored a fresh batch of economic data following last week's volatility.
Trade groups say Chinese electric vehicles pose an "existential threat" to the U.S. auto industry.
