Exclusive – Japan seeks to win Thai air defense radar contract: sources

FILE PHOTO: A F-16 fighter jet from the Thai Royal Air Force performs during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, November 24, 2015. Japan is seeking to win a contract to supply Thailand with an air defense radar system built by Mitsubishi Electric Corp, as it looks to counter growing Chinese influence in the Southeast Asian nation, according to four Japanese government officials and one industry source.

Investor Warren Buffett promises to support President Trump

Billionaire Warren Buffett was disappointed when Democrat Hillary Clinton lost the election last week, but he will support Republican Donald Trump as president. Buffett says he supports every president, and he hopes the country will coalesce behind Trump even if not everyone agrees with his policies.

Financial Times Endorses Hillary for President Despite ‘All Her Weaknesses’

The Financial Times had endorsed Hillary Clinton for president, proclaiming that the Democratic nominee "is manifestly more competent than Trump with his braggadocio, divisiveness and meanness." "Despite her faults, Mrs. Clinton is eminently qualified to be the first woman elected to the White House," the newspaper stated.

Buffett scolds Trump on taxes, discloses 2015 return data

In a debate Sunday, Trump acknowledged using a nine-figure loss in 1995 to reduce tax obligations and sought to liken the move to strategies used by some of Democratic presidential nominee Hillary Clinton's wealthy supporters, including Buffett. On Monday, the billionaire Berkshire Hathaway chairman released information from his personal taxes and challenged the Republican presidential candidate to do the same.

UPDATE 2-UK Stocks-Factors to watch on Aug. 9

Aug 9 Britain's FTSE 100 index is seen opening up 9 to 11 points higher on Tuesday, or up as much as 0.16 percent, according to financial spreadbetters, with futures marginally up ahead of the cash market open. * The UK blue chip index closed 15.6 points higher on Monday at 6809.13 points to touch its highest level in more than 13 months on the back of gains in mining stocks and Barclays, which was boosted by an upgrade.

Caterpillar keeps digging itself into a bigger hole

Caterpillar recently reached a settlement in a class action lawsuit over allegedly defective heavy-duty diesel engines; a consolidation of a number of other lawsuits against the company due to inefficiencies in equipment, counter to what was otherwise promised. Though Caterpillar denies the allegations and has said that to litigate the cases further "would be risky and costly for both sides", it's hard to believe their leadership won't continue to dodge the matter and defend their position.

Major battle over oil terminal unfolds in Pacific Northwest

Two companies proposing to build what would be the nation's largest oil-by-rail marine terminal along the Columbia River in Washington see it as an opportunity to link domestic crude oil from the Midwest to a West Coast port. Critics, however, see an environmental and safety catastrophe waiting to happen, especially after a train carrying volatile Bakken crude oil derailed and burned on June 3 in Mosier, Oregon, just 70 miles upriver from the project site in Vancouver, Washington.

Forbes.com: 5 Investing Tactics for Rest of Election Year

While the biggest question of this presidential election year has yet to be answered, some stability should return to the stock market from now until November 8. "U.S. stocks swamp foreign ones in the back half of presidential election years," Forbes.com contributor Ken Fisher explains. "You should love that no one has heard thismeaning it isn't now discounted into pricing and thus remains a good bet," he said.