Bloomberg UK wages are growing at their fastest pace in almost a decade, suggesting the economy is continuing to operate with little slack. Average earnings excluding bonuses rose 3.1 percent in the three months through August, the most since January 2009, the Office for National Statistics said on Tuesday. Unemployment held at a 43-year low of 4 percent. While wage ...

Bloomberg Escalating tensions between the US and China over trade, the South China Sea and recent arms sales are pushing Taiwan back into the American foreign policy spotlight, attracting Beijing’s ire. After a precedent-shattering phone call with Trump when he was president-elect, Taiwanese President Tsai Ing-wen has found a more receptive audience in the US during the recent disputes. She’s ...

Bloomberg Secretary of Defense James Mattis played down tensions with Beijing, saying the US was “not out to contain China” and was cooperating whenever possible, but that there would be times they would “step on each other’s toes.” “Obviously, we’re not out to contain China. We’d have taken an altogether different stance had that been considered. It has not been ...