Bloomberg Flooding in China’s northern Hebei province has killed 105 people and led to direct losses of 15.4 billion yuan (US$2.3 billion) to the economy, the local government said on Saturday. About 307,300 people were evacuated and 104 are missing, according to a statement from Hebei’s government. Water supply in the provincial capital Shijiazhuang has been disrupted due to ...

  Bloomberg The yen fell, headed for a second weekly decline, amid speculation that further monetary stimulus to boost Japan’s struggling economy is now inevitable — whether or not it comes at next week central-bank meeting. The Bank of Japan’s next monetary policy statement is due July 29, though Mizuho Bank Ltd says officials may well refrain from cutting their ...

  AFP China said on Sunday it has started imposing anti-dumping tariffs on certain steel imports from the European Union, Japan and South Korea, as Beijing itself comes under fire for similar trade practices. Duties on the materials, used in power transformers and electric motors, will range from around 37 to as high as 46.3 percent, the commerce ministry said ...