- Japanese inflation paused for the first time in more than two years and household spending fell unexpectedly in July, putting more pressure on politicians to offer fresh stimulus to the economy. The core consumer price index (CPI), which includes oil products but excludes volatile fresh food prices, was unchanged in July from a year earlier, posting the slowest pace of growth since May 2013.
- Chinese officials promised that China's pension fund will start investing 2 trillion yuan ($313 billion) as soon as possible in stocks and other assets. China said last weekend that it would let pension funds under local government units to invest in the stock market for the first time, a move that many Chinese investors hope will boost the ailing stock market.
- Activist investor Carl Icahn disclosed he has a stake of 8.5% in Freeport-McMoRan (FCX), the Financial Times reports. Icahn plans to raise issues around capital expenditure, executive pay, capital structure and curtailing "high cost production."
- Greece's left-leaning Syriza, the party of former Greek Prime Minister Alexis Tsipras, is likely to win next month's elections but it may not get the wide margin Tsipras had hoped for when he called early elections, the first major poll since he resigned shows. Syriza was supported by 23% of those polled, followed by the conservative New Democracy with 19.5%.
- U.K. services companies' growth surged in August, adding to evidence of an upturn in the second half of the year, data from the Confederation of British industries show. A CBI survey showed the biggest influx of work for business and professional services companies since records started in 1998. Conditions for consumer services companies also improved.
More from China
Expensive mutual travel was set to start Sunday, and will be a deal watched by the travel industry worldwide if it does indeed begin.
A coal miner owned by a Chinese province defaulted on a billion-yuan bond a month after it won government backing. That spells trouble.
The RCEP, which covers one-third of the world's population and economy, agreed on terms that China helped design.
Many CEOs disagreed with a number of Trump's positions and are looking forward to a new, more predictable regime.