President Donald Trump is right about one thing: The US trade deficit with the rest of the world — which topped $500 billion last year — is unhealthy. It puts upward pressure on U.S. unemployment that can only be countered with policies that lead to rising debt. It doesn’t follow, however, that the worst culprits are always the countries ...

  Bloomberg Poor fourth-quarter earnings from two United Arab Emirates companies weighed on stock markets there on Thursday while Kuwait pulled back in another day of volatile trade. Dubai’s index fell 1.2 percent to 3,683 points, retreating from major technical resistance at 3,737-38 points, the peaks in January. Air Arabia slumped 8.6 percent in unusually heavy trade after it made ...

  Bloomberg Japanese equities slid ahead of Prime Minister Shinzo Abe’s Friday meeting with US President Donald Trump, offsetting a rally in Greater China shares to lead Asia stocks lower. “Japanese stocks are consolidating after the yen strengthened, while investors wait for more geopolitical catalysts,” said Nicholas Teo, a trading strategist at KGI Securities Pte. in Singapore. Japan’s Topix fell ...