NEWS

• Japan MOF panel urges wise spending, budget balance as focus shifts to post-COVID

• Asian shares rise as investors count on vaccine relief

• Brexit to blow £50bn hole in UK’s economic recovery from coronavirus pandemic, says KPMG

• BP files notices of possible worker layoffs in Chicago area

• UK tries to reassure business leaders over Brexit with new task force

• Coalition rejects changes to prevent older workers being sacked under jobmaker subsidies

• SoftBank says H1 net profit surges more than four-fold to $18 bn

• Amid U.S. election uncertainty, Fed likely to lay low this week

• Ryanair records 197 million euro loss and expects higher deficits

• China to set detailed economic targets for 2021-2025 - state planner