Bloomberg South Korea’s new president, Moon Jae-in, ordered an investigation into how the final components of a controversial U.S. missile shield had arrived in the country without his knowledge. The president initiated the probe after learning that a complete set of six launchers were on South Korean soil, Moon’s spokesman, Yoon Young-chan, told a news conference Tuesday. Previous Defense Ministry ...

Bloomberg The path is beginning to clear for Italians to head back to the polls as the country’s main political parties near a deal on a new electoral law. Italy’s biggest parties are considering a proportional system similar to the German model with a 5 percent cut-off for smaller parties, and lawmakers are due to discuss a first draft of ...

Bloomberg Singapore fined Credit Suisse Group AG and United Overseas Bank Ltd. a total of S$1.6 million ($1.2 million) as regulators completed a two-year review of banks involved in fund flows linked to 1Malaysia Development Bhd., or 1MDB. Credit Suisse was fined S$700,000 while UOB has to pay S$900,000 for breaches of anti-money laundering requirements and control lapses, the Monetary ...