Bloomberg President Donald Trump’s push for a second poll-defying victory is relying on a hallmark of his first — raucous campaign rallies that Trump sees as a crucial sign of voter enthusiasm but that pollsters say may only be cementing his defeat. Trump held three rallies, all in Pennsylvania, with three more scheduled on Tuesday and as many as five ...

Bloomberg US Secretary of State Michael Pompeo and Defense Secretary Mark Esper pushed for closer ties with India at a high-level ministerial meeting with their Indian counterparts, at a time when New Delhi is facing a prolonged border conflict with China. “The United States will stand with the people of India as they confront threats to their sovereignty and to ...

Bloomberg While China has long opposed US arms exports to Taiwan, the Trump administration’s latest sales are worrying to Beijing for another reason: They show a greater alignment among the two democracies on the so-called “hedgehog” strategy to resist an invasion. The US weapons mark a notable shift in approach from the flashier warplanes and tanks traditionally favoured in Taipei ...

Bloomberg Thai lawmakers are weighing a proposal to set up a committee to explore ways to end the monthslong anti-government protests sweeping the Southeast Asian nation. A working group is looking at a panel proposed by Deputy Premier Jurin Laksanawisit, House Speaker Chuan Leekpai said on Tuesday. Parliament is set to wrap up a special two-day session convened to discuss ...

Bloomberg More than 50 of Boris Johnson’s own Conservative members of Parliament have demanded a clear route out of lockdown for parts of northern Britain that helped give his party a majority in last year’s election. In a letter to the prime minister, the MPs warned that his pandemic strategy of targeting local areas with restrictions is disproportionately damaging the ...

Bloomberg Banco Santander SA rebounded from its worst-ever quarter with a profit that beat estimates and improved capital as it seeks to convince regulators that its balance sheet is strong enough to resume dividend payments. Net income totalled 1.75 billion euros ($2.1 billion) in the third quarter, beating estimates of about 1 billion euros, the bank said on Tuesday. The ...

Bloomberg UBS Group AG plans to invest $200 million of its own money in fintech companies over the medium term in a push to further digitize its services and find new ways to engage with clients. The portfolio, called UBS Next, will be run by a dedicated team and take mostly direct stakes in early-stage fintech and other relevant technology ...

Bloomberg HSBC Holdings Plc beat profit estimates for the third quarter, delivering an upside surprise as it pared back expected credit losses and signaled it may resume limited dividend payments already for this year. Adjusted pretax profit slid 21% to $4.3 billion in the period, beating the $2.8 billion estimate, the London-based bank said in a statement on Tuesday. HSBC ...

Bloomberg Australia’s remaining deferred mortgages tend to have higher loan-to-valuation ratios or are held by people in industries struggling from the pandemic, a Reserve Bank official said. “Non-performing loans to households, which had already risen over past couple of years, are therefore expected to continue to rise over the coming months,” RBA Assistant Governor Michele Bullock, who oversees financial stability, ...

Bloomberg Bank of China Ltd. (BOC) plans to expand its headcount in offshore bond business by 40% as it fights with global banks for a greater slice of a market that’s seen a surge in Chinese borrowers. The lender is seeking to add 20 more staff to its offshore bond team over the next five years, Hu Kun, its general ...