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HONG KONG (AP) — Japanese stocks posted their biggest gain in nearly seven years, leading an international stock market surge. Asian markets were up and European markets rose strongly in early trading. Futures point to a higher opening on Wall Street. U.S. benchmark crude oil slipped to remain just under $46 a barrel. The dollar gained against the yen and the euro.
WASHINGTON (AP) — Just one big economic report is due out today. The Labor Department will release its job openings and labor turnover survey for July around 10 a.m.
HONG KONG (AP) — Netflix is growing. The company announced plans today to enter four more Asian markets next year as the Internet video streaming service steps up its international expansion. People in South Korea, Singapore, Hong Kong and Taiwan will be able to watch the company's films and TV shows on Internet-connected devices starting in early 2016.
SEOUL, South Korea (AP) — The inaugural president of a Chinese-led Asian regional bank says the United States and Japan are still welcome. The U.S. had complained that the AIIB would undercut existing institutions and might allow looser lending standards. But the bank won wide support from U.S. allies. Beijing is the biggest contributor to its planned capital of $100 billion. Its 57 founding members include Britain, France, Australia and South Korea.
TOKYO (AP) — Japan's ambitions for a trouble-free 2020 Tokyo Olympics to showcase the country's economic revival are facing an unexpected obstacle course as planners lurch from one fiasco to the next. Last week, organizers scrapped their Olympics logo, saying it was withdrawn by the designer due to allegations of plagiarism. That followed Abe's decision in July to drop a gargantuan, and expensive new national stadium design. Some say the embarrassments show Japan has yet to adapt its idiosyncratic, opaque ways of decision-making and planning to 21st century expectations for transparency and accountability.
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