China’s economy slowdown deepens in August with retail sales, industrial output missing expectations

Shanghai Bund skyline panorama Yangna | E+ | Getty Images China’s economic slowdown deepened in August with a raft of key indicators missing expectations, as weak domestic demand persisted and Beijing’s campaign against industrial overcapacity curbed output. Retail sales last month rose 3.4% from a year earlier, data from the National Bureau of Statistics showed…

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Japan Prime Minister Ishiba Shigeru announces resignation

Japan’s prime minister, Shigeru Ishiba. Bloomberg | Bloomberg | Getty Images Japan’s Prime Minister Shigeru Ishiba announced Sunday he will step down from his post after weeks of mounting pressure for his resignation. “I made a difficult decision to step down,” Ishiba said during a press briefing, in comments translated by Japan’s public broadcaster NHK….

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