Have US and Chinese trade negotiators been meeting with each other in recent months, or with bands of convincing impostors? You almost have to ask the question, because media reports about who “broke the deal” over the past week seem to have been filed from two different universes. In a Reuters report and attributed principally to three US government sources, ...

Singaporeans may be in line for some good news. The central bank’s decision to transfer S$45 billion ($33 billion) to the island’s sovereign wealth fund could push back an increase in the consumption tax. The Monetary Authority of Singapore (MAS) said in a statement that foreign-exchange reserves of S$404 billion are more than it needs to manage the local dollar ...

Unlike some of his peers, UniCredit SpA Chief Executive Officer Jean Pierre Mustier can’t be faulted for wavering. In his three years on the job, he has sold assets and cut costs to put Italy’s largest bank on a more solid footing. He now faces a much harder task: finding growth. While the headline first-quarter results the lender were the ...