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Kim touts North Korean submarine’s looming deployment

Bloomberg North Korean leader Kim Jong-un inspected a new submarine that would soon be deployed to waters between the peninsula and Japan, state media said, a move that comes as his regime tries to step up its ability to launch missiles from subs. There was no indication in the Korean Central News Agency (KCNA) report whether the submarine was capable ...

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US stocks rise on earnings optimism; dollar advances

Bloomberg US stocks rose as investors assessed a batch of strong earnings and signs of progress in trade talks with China. Treasuries fell and the dollar rose. The S&P 500 climbed for a second day, though gains faltered as the index pushed back toward 3,000. Coca-Cola climbed to a record, while Lockheed Martin and United Technologies jumped after the trio ...

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Pound slips over Johnson’s victory

Bloomberg The pound slipped on concern the UK may leave the European Union without a divorce deal after members of the Conservative party voted for Boris Johnson to be the next prime minister. Sterling fell for a third day after Johnson, who has vowed to march the UK out of the EU with or without a deal by October 31, ...

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