Bloomberg Japan and South Korea look set to try to revive a relationship that has hit new depths in recent years, with President-elect Yoon Suk Yeol offering an olive branch to Tokyo weeks before US President Joe Biden is likely to visit both countries. Yoon, who takes office on May 10, is sending a group of South Korean lawmakers and ...

  Bloomberg Germany will increase borrowing plans by nearly 40 billion euros ($43 billion) this year to cushion the effect of the war in Ukraine, taking the total for net new debt to almost 140 billion euros, according to three people familiar with the matter. The adjustment is needed to help finance a range of government measures designed to offset ...

  Bloomberg Britain’s inflationary shock combines the worst of America’s problems with the worst of Europe’s and will be harder for policy makers to address than in any other leading industrialised nation, the head of the International Monetary Fund’s European department said. Alfred Kammer, the IMF’s European director, said prices in the UK will remain elevated for longer than other ...