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Congo oppn pledges unity and joint candidate at rally

Bloomberg Seven key opposition leaders in the Democratic Republic of Congo pledged unity and promised to back a single candidate against President Joseph Kabila’s chosen successor in December’s election. Such an outcome would increase the chances of Kabila’s opponents defeating Emmanuel Ramazani Shadary, a former interior minister under European Union sanctions for his role in human rights abuses. The December ...

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US stocks delivered best quarterly run in five years

Bloomberg US stocks delivered the best quarterly run in almost five years, luring retail investors back into the longest bull market on record just as Wall Street started sounding the alarms. Individual investors drew down cash balances at brokerage accounts to record lows as the S&P 500 surged 7.2 percent in the three months last week. Meanwhile, big banks from ...

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US-China tariffs to go all out, lowers yuan call: JP Morgan

Bloomberg With little prospect of a restart for US-China trade talks, JPMorgan Chase & Co. now expects an escalation in tensions that will see higher American tariffs on all Chinese imports, sending the yuan sliding to its weakest against the dollar in more than a decade. “JPMorgan has adopted a new baseline that assumes a US-China endgame involving 25 percent ...

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