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December, 11, 2016

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Business
Japan ratifies trade pact that US plans to dump
Japanese Prime Minister Shinzo Abe won parliamentary approval Friday for ratification of the Trans-Pacific Partnership, despite U.S. President-elect Donald Trump's plan to withdraw from the 12-nation trade pact.
 > Japan
 
Technology startups target financial services
It may not be much longer before bank branches join video-rental stores and record shops as relics of a bygone era.
 
Coke attempts to win over 'foodies'
What beverage goes best with lobster rolls, a bagel sandwich stuffed with whitefish, or a bowl of ramen? Coke wants you to think of soda.
 
Mainland China to halve cash withdrawals in Macau: report
China is to halve the cash machine limit for certain cardholders visiting the gambling enclave of Macau, in its latest effort to curb massive capital outflows caused by the falling yuan, Hong Kong media reported Friday.
 > China
 
European stock markets squeezed out further gains on Friday after a strong trading week for the region that saw the main Paris index hit one-year highs.
 
France's central bank trimmed its growth forecasts for 2016 and 2017 on Friday, citing a deterioration in the global economy and Britain's decision to leave the European Union.
 
Australian mining magnate Gina Rinehart and a Chinese consortium won final approval Friday to buy one of the world's biggest cattle estates, ending a lengthy and fraught sale process.
 
U.S. manufacturing and services firms expect to see rising revenues and profits next year, amid a stronger economy and only modest increases in costs, the Institute of Supply Management said Thursday.
 
Christmas spending
People enjoy a stroll at the traditional Christmas market in Frankfurt, Germany, Thursday, Dec. 8
 
Fewer Americans signed up for unemployment benefits last week, another sign the U.S. job market remains healthy.
 
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