Welcome to Wednesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
New Zealand employment fell less than forecast in the second quarter and the jobless rate unexpectedly declined even as the economy slumped.
Autonomous driving engineer Anthony Levandowski was ordered to spend 18 months prison for stealing trade secrets from Google as he defected to Uber Technologies Inc., in one of the highest-profile criminal cases to hit Silicon Valley.
Hard-hit U.S. states including California and Arizona reported slowing new virus cases. A bipartisan group of governors formed a pact to buy millions of antigen tests, sidestepping the federal government.
The world gawked two years ago when Apple Inc.’s market value crossed $1 trillion for the first time. But the feat was less noteworthy when viewed from another perspective: relative size.
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