Bloomberg The top US diplomat in China, Terry Branstad, is retiring, the American Embassy confirmed on Monday, after President Donald Trump touted the former Iowa governor’s expected campaign help in a key swing state. The embassy’s statement resolved hours of uncertainty about Branstad’s status after Secretary of State Michael Pompeo thanked the envoy for his service in a series of ...

Bloomberg Japanese Chief Cabinet Secretary Yoshihide Suga was elected leader of the ruling Liberal Democratic Party by an overwhelming majority, ushering in the country’s first change of prime minister in almost eight years. The party, which has ruled mostly uninterrupted since 1955, was set to use its parliamentary majority to install Suga as prime minister in a separate vote on ...

Bloomberg The Philippine central bank is prepared to lend more to the government, helping to boost state funding to counter the impact of the coronavirus pandemic, Governor Benjamin Diokno said on Monday. The comments come days after President Rodrigo Duterte signed into law a measure providing 165.5 billion pesos ($3.4 billion) for pandemic relief. The law allows Bangko Sentral ng ...