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Germany Aug Ifo business climate index 88.8; consensus 87.2; prior 86.6.

2026-08-25

Germany Aug Ifo business climate index 88.8; consensus 87.2; prior 86.6.

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2026-08-24

Market reports said Fidelity International planned to exit its wholly owned mainland China mutual fund business, citing intense local competition, frequent leadership turnover and long-term difficulty scaling; any such arrangement was described as un

Market reports said Fidelity International planned to exit its wholly owned mainland China mutual fund business, citing intense local competition, frequent leadership turnover and long-term difficulty scaling; any such arrangement was described as under discussion and would require regulatory approval. On Aug. 21 Fidelity International said it continues to view China as an important, attractive long-term market and has no reportable changes to its strategy or market footprint.
2026-08-25

Japan will propose about JPY100bn (≈$628m) in the FY2027 budget to help domestic firms buy submarine cable‑laying vessels, the Ministry of Internal Affairs and Communications plans to include in a budget request scheduled for end‑August. The ministry

Japan will propose about JPY100bn (≈$628m) in the FY2027 budget to help domestic firms buy submarine cable‑laying vessels, the Ministry of Internal Affairs and Communications plans to include in a budget request scheduled for end‑August. The ministry would cover roughly half of procurement costs; each ship could cost more than JPY40bn. The proposal targets purchase of 3–5 vessels in FY2027, citing rising procurement costs driven by yen weakness and higher raw‑material prices. It would be Japan’s first direct government support for hull purchases and is aimed at encouraging private‑sector investment.
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