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China’s home prices rise at faster pace

Bloomberg China’s home prices rose by the most in 19 months in May even as the government pressed ahead with a two-year campaign to curb property speculation. New-home prices in 70 cities tracked by the government gained 0.8 percent from a month earlier, according to Bloomberg calculations based on data from the National Bureau of Statistics. That compared with a ...

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Samsung to pay $400mn in FinFet patent dispute

Bloomberg Samsung Electronics Co. was told to pay $400 million after a federal jury in Texas said it infringed a patent owned by the licensing arm of a South Korean university. Samsung pledged to appeal. Qualcomm Inc. and GlobalFoundries Inc. also were found to have infringed the patent but weren’t told to pay any damages to the licensing arm of ...

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Japan’s new economic plan puts fiscal discipline on back burner

Bloomberg The Japanese Cabinet approved a new mid-term economic plan that further delays efforts to rein in debt and removes an important cap on spending. The plan for economic policy making and fiscal management for the next three years targets a primary balance surplus by fiscal 2025, five years later than the previous goal, and drops $4.5 billion limit on ...

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