By Sakura Murakami
TOKYO (Reuters) - China and Japan have agreed to resume regular talks between their ruling parties for the first time in six years, officials from Japan's coalition government said on Wednesday.
Ties between Asia's top two economies have been strained by issues including Japan's concerns about China's maritime activities in the East and South China Seas, and China's protests against Japan's release of treated water... (continue reading...)
By Ankur Banerjee and Rae Wee
SINGAPORE (Reuters) - Thailand's new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy coordination to support battered markets.
Thailand's economy, the second-largest in Southeast Asia and heavily dependent on tourism, has struggled as China's slowdown has held visitor numbers beneath pre-pandemic peaks, while decade-high... (continue reading...)
BERLIN (Reuters) - Public opinion in Germany has shifted against the European Union in the last year, a survey by insurer Allianz showed on Wednesday, just over a week before elections to the European Parliament.
In a survey of 6,000 people in several large EU members, the Allianz Pulse 2024 found that after years of being "pro-European", only 29% of those asked in Germany saw more advantages than disadvantages to being in the EU.
"The... (continue reading...)
(Reuters) -National Bank of Canada reported a rise in second-quarter net profit on Wednesday, helped by strong performance in its wealth management and financial markets units.
Easing fears of a recession have encouraged investors to venture back into stocks and other fixed-income products, boosting wealth management units and trading desks of lenders.
Profit at the bank's wealth management unit rose 15% in the second quarter to C$205... (continue reading...)
(Reuters) - U.S. stock index futures slipped on Wednesday, as megacap stocks were pressured by rising Treasury yields on concerns around the timing of the Federal Reserve's interest rate cuts.
Megacaps such as Apple, Meta and Nvidia dipped between 0.3% and 1.1% in trading before the bell as the yield on Treasury notes edged higher, with that on the five-year note hovering near four-week highs, following a weak debt auction.
Bond yields... (continue reading...)
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