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  Bloomberg Asian countries should pursue a Pacific trade pact even after the US walked away, and its standards should be incorporated into other regional deals, according to a report authored by half a dozen former trade envoys. Donald Trump withdrew from the 12-nation Trans-Pacific Partnership in one of his first acts as US president, throwing an agreement that covered ...

  Bloomberg Chinese corporate chiefs are turning vocal critics of the nation’s capital controls as the pile of scrapped deals grows. While the restrictions have helped alleviate pressure on the yuan, they’ve also curbed overseas acquisitions. Executives in Beijing during the National People’s Congress bemoaned the measures, saying they’re derailing expansion abroad — a key tenet of China’s long-term economic ...

  Bloomberg London’s toxic air is bad for business. That’s the conclusion of commercial groups making their own plans to fight pollution for fear the government’s failure to tackle emissions levels that break legal limits is driving customers and workers away. At least 15 of the city’s 42 so-called business improvement districts, which were established a decade ago to fight ...

  Bloomberg The US is seeking more “reciprocal” trade with countries such as China and Germany in a bid to boost growth, reduce the trade deficit and keep American production capacity out of foreign hands, White House trade adviser Peter Navarro said. “If we are able to reduce our trade deficit through tough, smart negotiations, we should be able to ...

  Abu Dhabi / WAM The training system of the UAE Armed Forces is an essential foundation for preparing the UAE’s brave forces to face all possible challenges, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has said. The remarks were made on Monday while His Highness ...

  Dubai / WAM The UAE Cabinet pursues leading approaches to excellence in government work, and relies on creative work and management teams that are committed to modernisation and innovation to meet world-class standards, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said on Monday. Stronger co-operation and co-ordination between local and federal ...

  Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, bestowed the First Class Order of Zayed II on Murray McCully, Minister of Foreign Affairs of New Zealand, in recognition to his efforts in strengthening joint bilateral relations and developing co-operation between the UAE and New Zealand. HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign ...

  SEOUL / AP North Korea on Monday fired four banned ballistic missiles that flew about 1,000 kilometers (620 miles) on average, with three of them landing in waters that Japan claims as its exclusive economic zone, South Korean and Japanese officials said. The test-launches appeared to be a reaction to huge US-South Korean military drills that those countries consider ...

  Bloomberg Philip Lowe has some high-powered backing if he leaves interest rates on hold Tuesday as widely expected. Days after the Reserve Bank of Australia governor signaled that rate cuts weren’t in the national interest amid record household debt, the securities regulator said it was looking at mortgage lending standards across the banking sector. The Organisation for Economic Co-operation ...

  Bloomberg China omitted a key defense spending figure from its budget for the first time in almost four decades — before an official disclosed the number — highlighting concerns about transparency in the world’s largest military. While authorities said defense expenditures would rise “about 7 percent” this year, the budget report published by the Ministry of Finance on Sunday ...