Dollar drops, yen surges as consumer prices fall in June
Local Japanese television station Asahi, citing government sources, said officials intervened. Read more
Local Japanese television station Asahi, citing government sources, said officials intervened. Read more
The second straight month of benign consumer price readings reported by the Labor Department today should help to bolster confidence among officials at the U.S. central bank that inflation is cooling after surging in the first quarter. Read more
The United States informed Germany, the report said, adding that German security services were able to protect Papperger. Read more
The group said in its complaint filed on Wednesday that Brinker unlawfully used “Sabotage” in Chili’s social-media ads, falsely implying that the Beastie Boys endorsed the casual-dining restaurants. Read more
So far, 13 of the 213 Democrats in the House and one of the Senate’s 51 Democrats have appealed publicly to the president to withdraw from the race. Read more
Uniqlo is renowned for its quality and affordable basics, and Fast Retailing is benefiting from a slide in the yen that has boosted the value of its sales abroad. Read more
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Customers have booked out South Korean cosmetics giant AmorePacific’s new artificial intelligence (AI) beauty lab, where robots custom mix face products and the latest technology recommends the most suitable lipstick colours. Read more
While most 2024 Olympians will be battling for glory in Paris, the world’s best surfers will be going for gold some 16,000km away on the island of Tahiti, where the spinning blue barrels of Teahupo’o might be the real star of the show. Read more
Japan’s Fast Retailing, the owner of clothing brand Uniqlo, said on Thursday its third-quarter operating profit surged 31%, buoyed by strong sales at home. Read more
The yen has been sliding to fresh 38-year lows day by day, with market participants on alert for Japanese authorities to step in again, as they did in March, to defend the currency. Read more
Montana’s top court on Wednesday appeared open to upholding a landmark ruling that found the state violated the rights of young people to a healthy environment by barring regulators from considering how new fossil fuel projects could affect climate change. Read more
Boeing CEO Dave Calhoun apologized and vowed the planemaker would follow government rules after the National Transportation Safety Board said the company provided non-public information speculating about possible causes on a 737 MAX mid-air emergency, the safety panel’s top official said today. Read more
The 66-year-old Baldwin, on trial in Hollywood’s first on-set shooting fatality in three decades, took notes at the defense table and listened calmly to opening statements in his involuntary manslaughter trial. The trial is largely unprecedented in U.S. history, holding an actor criminally responsible for a gun death during filming. Read more
Zelensky, who is in Washington for this week’s NATO summit, was due to meet with leaders of the Senate and House of Representatives and members of committees involved in defense, spending, diplomacy and national security. Read more
The storm made landfall as a Category 1 hurricane on Monday near the coastal town of Matagorda, about 100 miles (160 km) from Houston, lashing Texas with heavy winds that knocked down power lines and damaged property. Read more
The hike will affect around 52 million members, a little over half of them being of the executive category, the membership-only retailer said. Read more
Canada updated its defense policy this year with a focus on protecting the Arctic and dealing with challenges from Russia and China. The procurement of submarines is a critical step in implementing that strategy, the defense ministry said in a statement. Read more
It subpoenaed first lady Jill Biden’s top aide Anthony Bernal, deputy chief of staff Annie Tomasini, and senior adviser Ashley Williams. The development was reported earlier by Axios. Read more
The 66-year-old Baldwin, on trial in Hollywood’s first on-set shooting fatality in three decades, took notes at the defense table and listened calmly in his involuntary manslaughter trial. Read more
Finkel said Guo ultimately raised more than $1 billion through a series of bogus investment and cryptocurrency schemes from followers, some of which Guo claimed would help people oppressed by China’s communist government. Read more
Porter entered his plea to a wire fraud conspiracy charge at a hearing in Brooklyn federal court before U.S. Magistrate Judge James Cho. Read more