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BusinessBloombergYen Climbs on Hawkish Comments, Asian Stocks Fall: Markets Wrap
(Bloomberg) -- The yen rose after Bank of Japan Governor Kazuo Ueda signaled it’s still on the path to raise interest rates. Asian equities followed Wall Street lower, as traders wait on Federal Reserve Chair Jerome Powell’s Jackson Hole speech later Friday.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That
BusinessBloombergAlibaba to Upgrade Hong Kong Listing to Tap Chinese Traders
(Bloomberg) -- Alibaba Group Holding Ltd. shareholders have approved a plan to upgrade its Hong Kong listing to primary status on Aug. 28, a maneuver expected to attract billions of dollars in investment from mainland China.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CityUK Transport Minister Clears Path for More 20mph Speed ZonesWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkThe Serious Work That Free Play Can DoShareholders rati