Bloomberg For the modern foreign-exchange trader, it’s now possible to find a date, hail a cab and trade $100 million—all through their mobile phone. The world’s biggest financial market is embracing the iPhone era as investors find new ways to work when they’re not on the trading floor. In a JPMorgan Chase & Co. survey of more than 400 institutional ...

Bloomberg Financial markets in Britain and the EU will face instability and significant business disruption if the UK exits the EU in March 2019 without a transition deal or final settlement on a number of crucial issues, a finance industry trade group warned. There are at least five key areas where financial firms need clarity from UK and EU policymakers ...

Bloomberg UK Prime Minister Theresa May set out a plan to defend capitalism from capitalists, after the collapse last week of construction company Carillion Plc put at risk public-sector projects from roads to hospitals. In an article for the Observer newspaper, May pledged new rules to deal with executives “who try to line their own pockets by putting their workers’ ...

Bloomberg With the Trump administration warning of a possible war with North Korea, US allies in Asia are sounding the alarm on another risk: a clash with China in the western Pacific. China has recently accelerated air and naval excursions in sensitive areas near Japan and Taiwan, part of a longstanding quest to expand its military presence further from its ...

Bloomberg Lawmakers failed to negotiate an end to the government shutdown despite a bipartisan effort to broker a deal, raising the political stakes as federal agencies begin closing at the start of their normal workweek. Many more Americans will begin feeling the repercussions of a shutdown that officially began at 12:01 am after most government offices had stopped work for ...

Bloomberg US President Donald Trump believes his decision to recognise Jerusalem as Israel’s capital — a step that antagonised Palestini-ans — will ultimately provide new momentum to Middle East peace talks, Vice President Mike Pence said. Pence expressed confidence that Trump’s approach will help resolve the 70-year-old Israeli-Palestinian conflict as he opened a two-day visit to Israel at a meeting ...

Bloomberg Chancellor Angela Merkel moved forward in her bid to form a fourth-term government after her prospective coalition partner agreed to shelve its misgivings and enter negotiations on a common policy platform for Germany. Merkel, 63, welcomed the outcome of vote by Social Democratic Party delegates in Bonn following what she termed an “intensive and contentious” debate. The chancellor’s Christian ...

Bloomberg At least six people died when security forces clashed with anti-government protesters in the Democratic Republic of Congo capital, the United Nations said. Police and soldiers fired teargas and live rounds to disperse thousands of Catholic Church worshipers as they left morning services in Kinshasa and attempted to march to protest President Joseph Kabila’s refusal to step down. Similar ...

One of the hardest questions in economics is mobility versus stability. What happens to workers who are displaced by recessions, technological and industrial change, regional shifts, or corporate failure? Can humans move fluidly from occupation to occupation, industry to industry, and city to city, like interchangeable parts in a well-oiled economic machine, always going to where their contributions will be ...

China’s economic performance is all about what hasn’t happened. That’s huge. The world’s No. 2 economy didn’t implode under a mountain of debt, nor did trade tensions with the US bring exports undone. And there certainly hasn’t been the trade war many feared a year ago. The country’s growing reliance on services and consumption as an engine of growth — ...