Bloomberg There’s a powerful constant amid the to-and-fro of the US-China trade war as currency policy gets dragged into the standoff between the world’s two top economies: Beijing wants more gold in its reserves. China’s central bank expanded gold reserves again in July, pressing on with a run that stretches back to December. The People’s Bank of China raised holdings ...

Bloomberg Masayoshi Son can’t wait to wash his hands of Sprint Corp. SoftBank Group Corp. will stop consolidating the US carrier in its results starting next earnings report, anticipating a successful merger with T-Mobile USA Inc. despite questions over the deal’s eventual closing. That accounting change will slash SoftBank’s debt load and help it shed its image as a staid ...

Bloomberg A key measure of Japan’s economy fell to a level not seen since the wake of the financial crisis, adding to concerns about the economy ahead of an October sales-tax hike. The leading coincident index dropped to 93.3 in June, the lowest since February 2010, the Cabinet Office said. The index is one of Japan’s broadest indicators of current ...