Bloomberg Japan’s Rohm Co. says that vital semiconductors for automobiles and industrial machinery will likely remain in short supply at least throughout next year, adding to ominous warnings about further fallout from the global chip crisis. The Kyoto-based chipmaker, whose customers include Toyota Motor Corp, Ford Motor Co and Honda Motor Co., has been hampered by a severe shortage of …

Bloomberg Sales of previously owned US homes rise in July for a second month, indicating firmer housing demand as inventory constraints showed signs of easing. Contract closings increased 2% from prior month to an annualised 5.99 million, a four-month high, according to National Association of Realtors. The median forecast in a Bloomberg survey of economists called for a 5.83 million …

Bloomberg Stocks and US futures were steady as a rebound in Chinese technology shares stalled and markets settled into a holding pattern ahead of the Federal Reserve’s Jackson Hole policy symposium later this week. The Stoxx Europe 600 index posted a modest gain at the open, while contracts on the S&P 500 and Nasdaq 100 fluctuated after the indexes reached …