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Brexit Party leads in UK in EU election poll

Bloomberg The Brexit Party has more support in the UK ahead of this month’s EU elections than the Conservatives and Labour combined, according to an Opinium survey for the Observer newspaper. The party, fronted by Nigel Farage and founded only last month, would take 34 percent of the vote in the May 23 election, compared with 21 percent for Labour ...

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US, China are living in different universes

Have US and Chinese trade negotiators been meeting with each other in recent months, or with bands of convincing impostors? You almost have to ask the question, because media reports about who “broke the deal” over the past week seem to have been filed from two different universes. In a Reuters report and attributed principally to three US government sources, ...

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Singapore spreads the wealth

Singaporeans may be in line for some good news. The central bank’s decision to transfer S$45 billion ($33 billion) to the island’s sovereign wealth fund could push back an increase in the consumption tax. The Monetary Authority of Singapore (MAS) said in a statement that foreign-exchange reserves of S$404 billion are more than it needs to manage the local dollar ...

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