Bloomberg Emerging-market currencies offer some of the best value as an eight-year run of dollar strength is “close to the end,” according to Pacific Investment Management Co (Pimco). “We like to be long a number of those,” Gene Frieda, a Pimco strategist in London, said. Slowing US growth will finally put a dent in the greenback, while counterparts in the ...

Bloomberg Both China’s Xi Jinping and North Korea’s Kim Jong-un have suffered from President Donald Trump’s penchant for walking away from talks. Now, he’ll have to worry about what they tell each other behind closed doors. Xi’s state visit to Pyongyang on Thursday — the first such visit by a Chinese president in 14 years — will showcase a renewed ...

Bloomberg President Hassan Rouhani said Iran’s decision to end its compliance with some measures within the nuclear deal were the “minimum” that the Islamic Republic could do in response to the US violating the landmark accord, according to the semi-official Iranian Students’ News Agency (INSA). Rouhani said “the other side in the agreement” hadn’t only failed to fulfil its obligations ...