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Asian shares track Wall Street lower, dollar rangebound
By Stella Qiu SYDNEY (Reuters) -Asian shares slipped along with Wall Street on Wednesday, after weak U.S. data highlighted the damage tariffs were having on economic activity and earnings, while the d...
Thomson Reuters Aug 05, 2025
Seven & i's North American business IPO to fund more aggressive growth, says CEO
TOKYO (Reuters) -Japanese convenience store giant Seven & i Holdings' planned listing of its North American operations would provide additional debt capacity for more aggressive growth than currently ...
Thomson Reuters Aug 05, 2025
OpenAI eyes $500 billion valuation in potential employee share sale, source says
(Reuters) -ChatGPT maker OpenAI is in early talks for a potential secondary stock sale that would allow current and former employees to sell shares, valuing the company at around $500 billion, a sourc...
Thomson Reuters Aug 05, 2025
Oil prices rebound from 5-week low on Trump threats on Russian crude buyers
By Yuka Obayashi TOKYO (Reuters) -Oil prices climbed on Wednesday, rebounding from a five-week low in the previous day, on concerns of supply disruptions after U.S. President Donald Trump's threats of...
Thomson Reuters Aug 05, 2025
Monsoon peaks in south China, unleashing landslides and a surge in virus cases
BEIJING (Reuters) -Rescue crews across south China braced for a final onslaught of extreme rainfall on Wednesday, racing between heavy downpours to clear mudslide debris and drain waterlogged roads su...
Thomson Reuters Aug 05, 2025
Stanford University lays off over 360 employees, citing Trump policies
By Kanishka Singh WASHINGTON (Reuters) -Stanford University said on Tuesday it has laid off over 360 employees, citing budget constraints that it attributed to the federal funding policies of U.S. Pre...
Thomson Reuters Aug 05, 2025
Dollar drifts as investors await Fed governor replacement
By Rae Wee SINGAPORE (Reuters) -The dollar was rangebound on Wednesday, with investors choosing to stay on the sidelines ahead of U.S. President Donald Trump's pick to fill a coming vacancy on the Fed...
Thomson Reuters Aug 05, 2025
TPG to acquire Australian automotive software firm Infomedia for over $420 million
(Reuters) -Australia's Infomedia said on Wednesday it has agreed to be acquired by the Asia-focused private equity arm of asset manager TPG for an equity value of A$651 million ($421.33 million). Unde...
Thomson Reuters Aug 05, 2025
Disney's ESPN to acquire NFL media assets in major deal
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney's ESPN has reached a landmark deal with the National Football League to acquire NFL Network and other media assets from the lea...
Thomson Reuters Aug 05, 2025
Japan's real wage falls for sixth straight month in June
By Satoshi Sugiyama TOKYO (Reuters) -Japan's real wages fell in June for the sixth consecutive month as inflation continued to outpace pay growth, government data showed on Wednesday, raising concerns...
Thomson Reuters Aug 05, 2025

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