ABUJA / Reuters Nigeria’s President Muhammadu Buhari confirmed on Monday he will seek another term in elections next year, ending months of speculation about his future after bouts of ill health. The 75-year-old said he would seek his party’s presidential ticket to contest elections in February 2019 during a closed door meeting of the national executive committee of his All ...

Bloomberg The US has confirmed that Kim Jong Un is willing to talk to President Donald Trump about getting rid of his nuclear weapons, as South Korea claimed when it passed along the North Korean leader’s offer for a historic meeting, according to an administration official. Whether or not Kim had genuinely offered to discuss dismantling his nuclear programme was ...

Bloomberg Malcolm Turnbull’s government lost a 30th straight opinion poll on Monday — an uncomfortable milestone for Australia’s prime minister, who used the same measure as a justification for deposing his predecessor. The Liberal-National coalition has now trailed the main opposition Labor party in the closely watched Newspoll since shortly after scraping back into office in the July 2016 election. ...

Trade war! Those dread words are on everyone’s lips (and electronic equivalents) as President Donald Trump and China’s President Xi Jinping throw out a series of rapidly escalating tariff threats: President Donald Trump fired a shot at China’s plans to dominate strategic technologies, proposing tariffs on 1,300 goods from semiconductors to flamethrowers. China hit back hard today, targeting politically sensitive ...

Two years ago, Japan passed a milestone rare in world history except in times of war, famine or natural disaster: Its population began to shrink. And not only is it shrinking, but its average age is also rising. This trend is creating societal challenges, not least the phenomenon of elderly people passing away unknown, even unnoticed. This may not sound ...

Hitching a ride on Tesla Inc. these days seems precarious at best, especially for its sole battery supplier Panasonic Corp. Shares of the Japanese company plunged as much as 9 percent after a spate of Tesla bad-news stories over the past few weeks. First, the US electric-car maker reported yet another fatal crash, then a shortfall in production targets for ...

From all the hysteria Down Under, you might think Australia is at risk of invasion — by Chinese cash. China’s economy certainly is increasingly influential, but the regulatory backlash from Canberra has all the makings of a self-inflicted wound. Australia has announced limitations on foreign purchases of power utilities and land. In case anyone missed the message, the man who ...

Donald Trump said he got a ‘great deal’ in renegotiating America’s bilateral trade agreement with South Korea. This is the first trade pact Trump has successfully revised, and it reflects the intellectual core of his America First approach to trade: The US can use its great economic and geopolitical leverage to drive harder bargains with weaker powers. That approach appears ...

In operation for more than 40 years, this outfit has grown to $106 billion in assets with investments in more than a dozen countries. Most of that is in China. Its returns probably wouldn’t have you celebrating — 12.8 percent last year on a return-on-equity basis, 4.6 percent if you’re looking at return on assets. But it has never posted ...

Ewald Nowotny, the governor of Austria’s central bank and a member of the Governing Council of the European Central Bank, said last week that “It’s no secret, we’re monitoring closely what the Fed did, and is doing.” Such sentiments are understandable, even desirable. After all, the Federal Reserve’s process of monetary policy normalization is unprecedented and, at least so far, ...