Bloomberg Hong Kong’s economy continues to defy its skeptics. It was meant to be the year when monetary tightening from the Federal Reserve, which dictates the city’s interest rates thanks to the local currency’s peg to the greenback, would prick a property bubble. And it was assumed that mainlanders would keep a firm grasp on their wallets, hurting sales across ...

Bloomberg UK Chancellor of the Exchequer Philip Hammond will announce a plan to increase house building by almost 40 percent as his Conservative Party seeks to woo younger voters with promises to give them the same home-ownership opportunities as their parents. The government hopes to see 300,000 new homes a year—an increase from the 217,000 built in the past fiscal ...

Bloomberg The Trump administration reiterated its goal to reduce the trade deficit with its NAFTA partners in revised negotiating objectives, while adding in proposals it made during talks that were opposed by Canada and Mexico. The US wants reciprocal market access for manufactured goods as part of its push to improve its trade balance with Canada and Mexico, the office ...