News

Airbnb beats forecasts as travellers accommodate higher prices

Japan abuse probe: A UN working group is to publish findings on Friday of an investigation into human rights abuses in Japanese workplaces. It is to include sexual harassment claims against the late Johnny Kitagawa, founder of country’s largest male talent agency, who denied such allegations. Julie Fujishima, president of the company and Kitigawa’s niece, has apologised to accusers but also said that since his death in 2019, it has been difficult to confirm if harassment took place.

Economic data: China is to release second-quarter balance of payments data on Friday. Meanwhile, Australia’s central bank is to issue its quarterly statement on monetary policy and Singapore releases retail sales data for June. 

Results: Softbank Corp, Marubeni, Itochu, Orix, Oversea-Chinese Banking Corporation and State Bank of India report earnings on Friday.

Hiroshima remembered: Sunday will be the 78th anniversary of the atomic bomb being dropped on the Japanese city at the end of the second world war.

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