By Leika Kihara and Makiko Yamazaki TOKYO (Reuters) -The possible appointment of Satsuki Katayama as Japan’s next finance minister could give markets cause to rethink pushing the yen too low but might also help the country’s new leader find fresh ways to fund bold economic stimulus plans. Japan’s next likely prime minister Sanae Takaichi has…
(Bloomberg) — China’s budget deficit climbed to a fresh record in the first half, highlighting intensified government efforts to shore up domestic demand as Donald Trump’s tariffs reduce exports to the US. Most Read from Bloomberg The broad fiscal gap reached 5.25 trillion yuan ($733 billion) in January-June, according to Bloomberg calculations based on data…
HONG KONG (Reuters) -China’s finance ministry said on Sunday it was restricting government purchases of medical devices from the European Union that exceed 45 million yuan ($6.3 million) in value, in retaliation to Brussels’ own curbs last month. Tensions between Beijing and Brussels have been rising, with the European Union imposing tariffs on China-built electric…
PARIS (Reuters) -French investigators on Tuesday ordered Tesla to stop what they called “deceptive business practices” or face thousands of euros in fines. Investigators at the finance ministry’s Competition, Consumer Affairs and Fraud Control office said the automaker had engaged in deceptive commercial practices over the fully autonomous driving capabilities of its cars, had issued…