Bloomberg Business

China cited discrimination by Canada when asked why the North American nation was left off a new list of approved travel destinations for tourists, moves that ramp up a five-year-old feud.

Tencent Holdings Ltd.’s revenue missed estimates, signaling an uneven recovery for the world’s biggest internet arena as it grapples with rising Chinese economic turbulence and anemic consumer sentiment.

Chinese gold consumption is likely to be buttressed by financial investors and the central bank, although retail demand is more uncertain as the economy weakens, according to the producer-funded World Gold Council.

China’s top leaders pledged to expand domestic consumption and support the private sector without detailing any new stimulus measures, the latest in a series of rhetorical attempts to boost confidence in the economy as markets sink and growth disappoints.

The US, Japan and South Korea are aiming to establish a three-way hot line following a summit among the countries’ leaders this week, a senior White House official said.

President Joe Biden’s signature economic legislation promised to create a wave of demand for made-in-America electric vehicles by offering lucrative tax credits. A year later, EV uptake is more of a wavelet as US car buyers and automakers grapple with qualifications that have limited eligibility for many current electrified models.

Japan’s exports dropped for the first time in more than two years as patchy overseas demand weakened, signaling headwinds for an economic recovery that has relied increasingly on external markets as domestic spending sputters.

When Florida Governor Ron DeSantis pushed through an anti-China crackdown in his state earlier this year, he won praise from populist Republicans across the country.

Samsonite International SA is exploring the possibility of a second listing in the US as the luggage maker looks to broaden its investor base, according to people familiar with the matter.

New Zealand’s central bank Governor Adrian Orr said the nation’s economy needs a mild recession at the very least to slow activity before policymakers could consider reducing interest rates.