Bloomberg Boris Johnson said he believed the British Parliament would now support a no-deal Brexit, even as senior figures in his Conservative Party warned they had the numbers to stop him if he tried to push one through. Johnson, a former foreign secretary, and the favourite to succeed Theresa May as prime minister, used a BBC interview to argue that ...

For years, Russia has been the world’s biggest sovereign gold bug: Even while gold prices were in the doldrums, it doggedly kept increasing its reserves. Now that gold is at the highest level since 2013, the tactic appears to be paying off. The US dollar’s dominance as a global reserve currency is commonly thought to result from the dearth of ...

China’s central bank is stretching its arms far and wide to stem convulsions in the real economy. In the process, it’s lending legitimacy to financial firms that have long operated in the shadows. Beijing has invited non-bank financial institutions to play a larger and more formal role in the aftermath of the first regulatory takeover of a commercial lender in ...