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  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 ...

  Bloomberg In an industrial kitchen in a leafy, residential suburb of central Shanghai, a quiet culinary evolution is taking place. Beside shelves stacked with butter mounds the size of bread loaves and 11 pound (5 kilogram) cheese wheels, chefs are experimenting with exotic ingredients that their New Zealand supplier, Fonterra Cooperative Group Ltd., wants to become ubiquitous in China: ...

  Bloomberg China is considering dialing back or delaying proposed measures aimed at pushing automakers to produce more electric vehicles, after industry feedback that the targets are overly ambitious. Under draft rules released in September for public consultation, automakers will be required to obtain a new-energy vehicle credit score of 8 percent next year, derived from different weightings assigned to ...

  Bloomberg Standard Life Plc, Scotland’s largest insurer, agreed to acquire Aberdeen Asset Management Plc for about 3.8 billion pounds ($4.7 billion), a deal that would create the UK’s largest active manager. The stocks soared in London trading. Under the terms, Standard Life shareholders will own 66.7 percent of the combined group, according to a joint statement on Monday. Aberdeen’s ...