SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Trump's relationships with Deutsche Bank have drawn scrutiny in Congress and elsewhere. Trump sued the bank last month to prevent it from complying with Congressional...Financeread more
The 2019 PGA Championship wraps up on Sunday, May 19. Here's how much money the champion will earn.Earnread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
The move comes after star runner Alysia Montaño's May 12 op-ed in the New York Times in which she detailed her experiences with Nike.Retailread more
The outrage has even inspired a Change.org petition called "Remake Game of Thrones Season 8 with competent writers," with over half-a-million signatories and climbing.Entertainmentread more
While the prolonged fight has been devastating to an already-struggling agriculture industry, there's little indication Trump is paying a political price.Traderead more
Japan's exports fell in September for the first time since 2016 as shipments to the United States and China declined, adding to concerns about the broadening impact of an escalating Sino-U.S. trade war.
The data comes days after a Reuters poll showed a third of Japanese companies have been affected by the trade conflict between the world's two biggest economies with firms fretting about slower Chinese demand.
Japanese policymakers also worry about the overall economic impact of the international trade tensions. A powerful typhoon that hit Japan last month has added to the strain on factories, disrupting output and physical distribution.
Ministry of Finance (MOF) data out on Thursday showed Japanese exports fell 1.2 percent in September from a year earlier, against a 1.9 percent increase expected by economists in a Reuters poll, following a 6.6 percent gain in August.
It was the first decline since November 2016.
"The continued weakness in exports in September suggests that economic activity may have stagnated in Q3," Marcel Thieliant, senior Japan economist at Capital Economics, said in a note to clients.
Japan's exports to the United States declined 0.2 percent in the year to September, dragged down by falling shipments of construction and mining machinery, auto parts and medicines.
U.S.-bound auto exports amounted to some 143,000 cars, down 7.0 percent in a snapback from the previous year's brisk shipments.
Imports from the United States rose 3.1 percent in September, led by crude oil, liquefied petroleum gas, helping reduce Japan's trade surplus with the United States by 4.0 percent year-on-year to 590 billion yen ($5.24 billion).
The U.S. Trade Representative's office told Congress on Tuesday it would open trade talks with Japan, describing the country as an important yet underperforming market for U.S. exports.
Tokyo and Washington last month agreed to start trade talks in an arrangement that, for now, avoids the worst-case scenario of an imminent 25 percent tariff on cars.
Trump has made clear he is unhappy with Japan's $69 billion trade surplus with the United States - nearly two-thirds of it from auto exports - and wants a two-way agreement to address it.
Tokyo pushed back on a straight bilateral Free Trade Agreement (FTA) that Washington had sought, fearing it could put Japan under pressure to open politically sensitive sectors such as agriculture.
Thursday's trade data showed exports to China, Japan's biggest trading partner, fell 1.7 percent in the year to September, the first decline in seven months, dragged down by semiconductor production equipment.
Shipments to Asia, which account for more than half of Japan's overall exports, rose 0.9 percent.
Overall imports rose 7.0 percent in the year to September, versus the median estimate for a 13.7 percent annual increase.
The trade balance was surplus of 139.6 billion yen, compared with the median estimate for a shortfall of 50.0 billion yen.