International News

  Bloomberg Signs of life returning to Asian trade have stirred up some optimism of a recovery, but a closer look at the data coming out of the region indicates the malaise is far from over. While export figures from Malaysia and Thailand showed surprising strength in June, trade continues to contract across most of Asia in the face of ...

  Bloomberg There are at least three good reasons why China is likely to succeed in starting the world’s biggest carbon-trading market when its efforts to limit pollution kick in next year. The government wants to put a cost on emissions of toxic smog to control pollution in industrial cities, starting with Beijing. The market may trade as much as ...

  Bloomberg German Deputy Foreign Minister Michael Roth warned that the U.K.’s negotiations to leave the European Union “will be very difficult” and that Britain won’t be allowed to “cherry pick” the best that the bloc has to offer. “If the British want full market access but want to limit the access of workers from Germany, France or Poland, they ...

  Bloomberg The pound is set for a litmus test next week with the release of housing data and purchasing managers’ surveys that might crimp the currency’s best run since May versus the dollar. Sterling climbed for the second week versus the U.S. currency, its first back-to-back gain since before the U.K. voted to leave the European Union in June, ...

  Bloomberg If you drive a Mercedes-Benz or an Infiniti luxury vehicle, you’re probably more willing than most drivers to give up the wheel to a robot, according to a MaritzCX survey. About 27 percent of owners of Daimler AG’s Mercedes and Nissan Motor Co.’s Infiniti say they are “very interested” in buying a fully self-driving auto when those become ...

  Bloomberg US President Barack Obama called on Congress on Saturday to step up funding to combat the Zika virus, warning that delay is putting more Americans at risk. Obama’s latest appeal, in his weekly radio address, came the day after the US authorities expressed deepening worry about the spread of the mosquito-borne virus, urging that all donated blood be ...

  Bloomberg Japan will invest $30 billion to boost Africa’s economic growth and infrastructure over the next three years, Prime Minister Shinzo Abe said as he sought to win over national leaders already being wooed by China and the US. The Asian economy’s planned investment in the continent of 1.2 billion people shows it has “faith in Africa’s future,” Abe ...

  Bloomberg Singapore’s air quality improved, falling to “moderate” levels as haze from Indonesian forest fires eased Saturday. The three-hourly air pollution index slid to 83 as of 5 p.m., according to the National Environment Agency. Readings up to 100 are classed as “moderate.” The index rose above 100 at noon after it had climbed to 215 on Friday afternoon, ...

  Bloomberg Indian equities declined, led by lenders and software as investors refrained from taking fresh bets before Federal Reserve Chair Janet Yellen’s speech later on Friday. Yes Bank Ltd. fell the most in a month, while State Bank of India (SBI) and ICICI Bank Ltd. lost about 1 percent each. Wipro Ltd. and HCL Technologies Ltd. declined at least ...

  Bloomberg Billionaire Wang Jianlin’s Dalian Wanda Group Co. agreed to build a 63 billion yuan ($9.5 billion) culture-and-tourism project in northeastern China, in its latest effort to become an entertainment giant rivaling Walt Disney Co. Wanda signed a framework agreement on Friday with the government in Jinan City, Shandong Province, in northern China, the group said in a statement. ...