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China’s slowdown is as important as US jobs

If you can tear yourself away from the disappointing US jobs numbers and what that means for the Federal Reserve’s prospective reduction in stimulus, signals from China offer an equally sobering view of the global recovery. Economists are wringing their hands over employment growth in August, which was weaker than even the most pessimistic estimate. Tapering of the Fed’s quantitative ...

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Toshiba warns power-chip supply to stay tight for now

Bloomberg Toshiba Corp said it won’t be able to meet demand for power-regulating chips for another year and, in certain cases, through the end of 2022, offering a fresh warning for makers of cars, consumer electronics and industrial machines struggling with component shortages. “The supply of chips will remain very tight until at least September next year,” said Takeshi Kamebuchi, ...

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Grab’s online supermarket takes off in Philippines

Bloomberg Grab Holdings Inc, set to go public in the US through a deal with a blank-check company, is launching an online supermarket in the Philippines as it tries to move beyond meal deliveries and ride-hailing to boost revenue. Consumers in Metro Manila area, with a population of more than 13 million, will be able to order vegetables, meat, seafood ...

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