published Jul 30th 2017, 3:00 pm, by Yoshiaki Nohara (Bloomberg) —Economic theory suggests that the tightest labor market in more than 40 forty years ought to be more than enough to push wages and inflation higher in Japan. Reality is proving different. A sector-by-sector look at the job-to-applicant ratio released

published Jul 30th 2017, 3:01 pm, by Henry Meyer, Stepan Kravchenko and Ilya Arkhipov (Bloomberg) —Vladimir Putin said he hoped there wouldn’t be a need for further retaliation against Washington after his government ordered the U.S. to slash staff at its diplomatic missions in Russia by 755, or nearly two

published Jul 27th 2017, 8:46 pm, by Kyungji Cho (Bloomberg) —South Korea’s deployment of a U.S. missile-defense system has come at the worst possible time for Hotel Lotte Co., threatening a decline in Chinese business just as the firm boosts debt issuance. China restricted tour packages to South Korea from

published Jul 27th 2017, 11:01 pm, by Alex Nussbaum (Bloomberg) —Caution lights are flashing for the oil industry. Facing lower-than-expected commodity prices, drillers from ConocoPhillips to Hess Corp. to Statoil ASA have slashed their capital spending plans in recent days, as companies lay out their plans to cope with oil

published Jul 26th 2017, 4:45 pm, by Elizabeth Dexheimer and Jesse Hamilton (Bloomberg) —President Donald Trump’s pick to be the Federal Reserves top Wall Street watchdog said it’s time to reconsider the restrictions imposed on banks in recent years, even as he credited regulations with helping stabilize the financial system

published Jul 26th 2017, 8:14 pm, by Jiyeun Lee (Bloomberg) —South Kora’s economic growth slowed in the second quarter as expansion in construction investment eased and export volumes fell from the previous three months. Economists said the slowdown is mostly due to a base effect from a solid first-quarter performance

published Jul 26th 2017, 3:00 am, by Katie Robertson (Bloomberg) —The first time Amelia Howells ever wrote a check, she was 28 years old and standing in a Connecticut apartment leasing office, with no idea what to do. The British expat had just moved to the U.S.; she’d never had

published Jul 25th 2017, 4:57 pm, by David Wainer and Fadwa Hodali (Bloomberg) —Israel took down metal detectors from an embattled hilltop shrine in Jerusalem’s Old City in a bid to quell violent Palestinian opposition to their presence, helping to end a diplomatic standoff with Jordan. The removal began after

published Jul 25th 2017, 7:29 pm, by Steven T. Dennis and Shannon Pettypiece (Bloomberg) —A Senate committee has reached an agreement to receive testimony from President Donald Trump’s former campaign manager Paul Manafort and is dropping a subpoena. Judiciary Committee Chairman Chuck Grassley of Iowa and ranking Democrat Dianne Feinstein

published Jul 18th 2017, 11:01 pm, by Suzanne Woolley (Bloomberg) —Retirement security in the U.S. took a significant hit in a global ranking, falling three notches to No. 17 among 43 developed countries. The fifth annual Global Retirement Index ranking from Natixis Global Asset Management has Norway, Switzerland, and Iceland holding