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Trump push for Hormuz patrol puts Abe in a fix

Bloomberg US calls for Japan’s help protecting shipping from Iranian attacks have put Prime Minister Shinzo Abe in a bind between angering his country’s military ally and upsetting voters suspicious of overseas deployments. Secretary of State Michael Pompeo confirmed that the US has asked Japan to join naval patrols in the Strait of Hormuz, a subject of much speculation in ...

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Ukraine turns to blueprint that rebuilt ex-communist Europe

Bloomberg As some of the European Union‘s eastern members embrace more state-led economic models, Ukraine is turning to the playbook that helped rebuild the continent’s ex-communist wing back in the 1990s. With help from the International Monetary Fund, President Volodymyr Zelenskiy wants to sell state companies, trim the budget deficit and relax rules for land ownership. The ideas have been ...

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US stocks fall on earnings, trade talk; Treasuries gain

Bloomberg US stocks fell a second day amid a mixed bag of corporate results and growing speculation a trade deal with China remains elusive. Treasuries edged higher as the Federal Reserve began deliberating on the path for interest rates. The S&P 500 Index slumped, with overnight trading reaching lows after President Donald Trump criticised China just as his negotiators start ...

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