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Swedish unemployment rate hits 14-month low

Bloomberg Sweden’s unemployment rate fell to a 14-month low in April, providing surprisingly favourable data for the central bank as it seeks to increase interest rates amid slowing economic growth. The seasonally adjusted rate came in at 5.9 percent, down from a 17-month high of 6.7 percent in March. Economists polled by Bloomberg had expected a rate of 6.5 percent. ...

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Trump not bothered by Kim’s recent missile test launches

Bloomberg President Donald Trump said he wasn’t bothered by recent North Korean ballistic missile tests his national security adviser labeled a violation of UN resolutions, adding that sanctions on the country give him time to reach a disarmament deal with Kim Jong-un. Trump said he believes the North Korean leader wants to build up his country’s economy, and that giving ...

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US president pledges to bring Japan abductees home from North Korea

Bloomberg US President Donald Trump met families of Japanese citizens abducted by North Korea, pledging to help solve an emotive decades-old issue that has been a major policy concern of PM Shinzo Abe’s government. After a meeting focused on trade and security in Tokyo, Trump and Abe met relatives of those taken captive, with Trump saying the two men were ...

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