Kim Jong Un met Russia’s defense minister in the first high-level talks for North Korea since the start of the Covid pandemic, using the 70th anniversary of the end of Korean War fighting to signal fresh engagement with key partners.
Some Indonesian rice farmers are planting corn and other crops that require less water as the country braces for its most severe dry season since 2019, partly due to the return of the El Niño weather pattern.
Hong Kongers are set to get longer visa-free stays in Malaysia, according to people with direct knowledge of the matter, as the city’s leader seeks to forge closer ties with its Southeast Asian neighbors.
Dollar weakness looks to have room to run after the Federal Reserve said further interest rate hikes would be data dependent, bolstering traders’ confidence that the US tightening cycle is near an end.
China’s industrial profits dropped at a slower pace in June, though worsening factory-gate deflation and slowing consumer spending continued to squeeze business’s margins.
Macquarie Group Ltd. said weak trading conditions in the first quarter will mean profit is “substantially down” from the same period last year, sending its shares lower.
The Japanese car manufacturer is banking on Americans still rollin’ to the oldies—and printing profits, as Ford and Land Rover have done with flagship SUVs.
Singaporean sovereign wealth fund GIC Pte is shifting money toward private credit, betting tighter lending from banks will convince companies to pay more for the capital they need to run their businesses.
Guangdong Ubridge New Material Technology Co., a refiner of minerals including titanium and zirconium, is considering a Hong Kong initial public offering that could raise about $300 million, according to people familiar with the matter.
Niger’s presidency said the army is on standby to strike back against members of the Presidential Guard who seized control of President Mohamed Bazoum’s official residence and the presidential palace.
