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Pound slides to one-month low after Brexit talks stall

Bloomberg The pound tumbled to a one-month low after UK Prime Minister Boris Johnson told German Chancellor Angela Merkel a Brexit deal is impossible under terms the EU demands. Dimming prospects of an accord between Britain and the EU sent sterling sliding against all of its major peers. Further souring the mood, European Council President Donald Tusk accused Johnson of ...

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One investor has $1b to plow into shaky Japan banks

Bank of tokyo mitsubishi ufj signage change as it shortens name 11 years after merger

Bloomberg Yoshitaka Kitao wants to build a financial empire in an area shunned by investors: the downtrodden ranks of Japan’s regional banks. The chief executive officer of SBI Holdings Inc says he has close to $1 billion to plow into any of the 104 local lenders scattered across Japan, which were described recently by one analyst as an “accident waiting ...

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Trump seized chance to settle scores via Ukraine

Un general assembly in new york trump meets zelensky

Through all of President Trump’s dealings with Ukraine, he has rarely focused on the job for which he was elected — steering the foreign policy of the United States. Instead, for Trump, Ukraine has been a continuing story of personal resentment and political opportunism. A narrative of the Ukraine affair — drawn from conversations with some of the principals, text ...

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