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Abe’s popularity plummets to record low in Japan polls

Bloomberg Japanese Prime Minister Shinzo Abe saw his support tumble in weekend opinion polls as anger continues to rise over a cronyism scandal. Two of the polls — conducted separately by the Asahi newspaper and NNN news network — showed public backing for Abe had fallen to its lowest level since he took office in 2012. They were conducted after ...

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‘Huge’ trade deficits are smaller than you think

There are many good economic reasons why President Donald Trump is wrong to obsess over the US trade deficit with China. One is that this bilateral deficit isn’t as severe as he thinks — and, in any case, the structural factors that caused the imbalance in the first place are changing. Before launching a US-China trade war, the White House ...

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UBS’s pain will be Hong Kong’s gain

Hong Kong has used UBS Group AG to send a harsh message to investment banks: Take your job as a gateway to initial public offerings seriously. With deals starting to boom again and the city’s exchange planning to allow dual-class shares, regulators are right to adopt a tougher stance. The Securities and Futures Commission suspended UBS from sponsoring Hong Kong ...

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