Bloomberg Former White House communications director Anthony Scaramucci has set up a political action committee in a bid to prevent Donald Trump’s re-election, saying in a Financial Times editorial that he broke with the US president to “save the liberal world order.” Scaramucci expressed regret over his past support of Trump, explaining a reversal of his position earlier this year ...

Bloomberg India rolled back an additional levy on foreign funds and announced a raft of measures to boost economic growth from a five-year low. The enhanced surcharge on long and short-term capital gains has been withdrawn, Finance Minister Nirmala Sitharaman said in New Delhi. She also announced an immediate infusion of 700 billion rupees ($9.8 billion) set aside in the ...

Bloomberg Taiwan registered stronger industrial production than even the most bullish economist’s forecast as companies benefited from increased US orders and burgeoning demand for 5G smartphones. Factory output rose 3% in July, compared with estimates for a 0.6% contraction, according to data released by Taiwan’s economics ministry. The ministry said output represented a record high for the month of July. ...