ADR Japanese stock sell-off: Japan Post Bank leads declines, Chicago ADRs fall 80 Yen below Osaka
The decline in Japan Post Bank's ADRs reflects broader concerns over the bank’s recent financial performance and market outlook.
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Fed’s Goolsbee emphasizes data-driven decision-making over political or market influences
Goolsbee emphasized that the central bank's primary focus is on key economic metrics such as inflation, employment, and overall economic growth.
United Airlines suspend Tel Aviv flights amid rising regional tensions
Meanwhile, Germany's Lufthansa has expanded its suspension to include not only Tel Aviv but also flights to Tehran, Iran, and Beirut, Lebanon, until August 12.
Port of Virginia expands intermodal rail services to Midwestern markets
The expanded rail service is expected to increase the port’s capacity to handle container traffic, reducing congestion and improving operational efficiency.