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Trade War Bites, Malaysia Pushes Back China, Japan Risk: Eco Day
From trade war to Asia’s shifting markets, here’s a Bloomberg summary to get you abreast with the economy.
26 Jul 2018, 09:30 AM IST 
A worker picks cherries during harvest in Lodi, California, U.S., (Photographer: David Paul Morris/Bloomberg)
(Bloomberg) -- Welcome to Wednesday, Asia. Here’s news from Bloomberg Economics to help get your day started:
- Trade war starts to bite. From demand at factories to company profits, protectionism is starting to show up in numbers; while the IMF notes that global trade imbalances are showing little sign of narrowing
- Meantime, this firm survived the Great Depression but might not make it through President Trump’s tariff fight
- The warrior returns. Malaysian Prime Minister Mahathir Mohamad is pushing back against China’s dominance of his country’s economy
- Renewed talk that the Bank of Japan is poised to adjust monetary policy has jolted financial markets -- here’s what’s fueling the speculation
- Southeast Asia’s swelling budget deficits join currency and trade as cause for regional jitters
- Trump’s decision to aid farmers hit by the trade war was panned by Republicans as not fixing the underlying problem -- his own policies. Meanwhile, the president said he is “very concerned” that Russia will interfere in the upcoming congressional elections -- to help the Democrats
To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net
To contact the editors responsible for this story: Nasreen Seria at nseria@bloomberg.net, Chris Bourke
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