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Brexit Exit, How Trade War Gets Ugly, Japan Pay Growth: Eco Day

From the global trade war to Japan’spay growth amid its historic floods, here’s all you need to know this morning. 

Brexit Exit, How Trade War Gets Ugly, Japan Pay Growth: Eco Day
A Union flag, and a European Union (EU) flag fly as protesters march during a Unite for Europe march to protest Brexit in central London, U.K. (Photographer: Luke MacGregor/Bloomberg)

(Bloomberg) -- Welcome to Monday, Asia. Here’s news from Bloomberg Economics to help get your week started:

  • Storms ahead. The first shot of the U.S.-China trade war went off without much of a reaction -- here’s why the calm may be short lived
  • Brexit Secretary David Davis has resigned in what threatens to be a major blow to U.K. Prime Minister Theresa May’s authority
  • Finally. We show how the pace of wage gains in Japan is accelerating markedly, thanks to the exceptionally tight labor market
  • “No Action, Talk Only”: NATO means something very different to business leaders in Myanmar still waiting for investment from the U.S. and Europe
  • Derailment: An economist who fled North Korea says South Korea’s planned rail links through the impoverished nation falls well short of Kim Jong Un’s vision
  • The euro area mustn’t lose its nerve over trade tensions with the U.S., ECB Executive Board member Benoit Coeure said yesterday

To contact the reporter on this story: Chris Bourke in Sydney at cbourke4@bloomberg.net

To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, James Mayger

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