Forbes

China's foreign trade rose 3.7% year-on-year to $4 trillion (¥25.6 trillion) in the first eight months of 2024, spurred by a jump in the exports of mechanical and electrical products, official data showed.

Takaya Awata, founder and CEO of Tokyo-listed Toridoll Holdings, best known for its popular udon noodle restaurants, has joined the ranks of billionaires. Shares of Toridoll, which operates nearly 1,900 eateries around the world, jumped by more than a third over the past year as people, constrained during the pandemic, resumed eating out once again. Awata’s 48% stake in Toridoll is now worth $1.1 billion, based on last Friday’s closing price of ¥3,930 ($26.8).

A not so encouraging jobs report put the cherry on top of a brutal opening week to September for investors Friday, as stocks stumbled to easily their worst week of an otherwise green 2024.

President Joe Biden will soon block Japan-based Nippon Steel’s planned $14.9 billion takeover of U.S. Steel, according to multiple outlets, sending the 123-year-old American company’s stock reeling more than 20% to a low not seen since last year.

Pixar’s “Inside Out 2”—the top-grossing movie of 2024—continues to break records: In its eleventh weekend in theaters it became the first animated movie ever to gross more than $1 billion at the international box office alone, multiple outlets reported.

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