Bloomberg Malaysia has discovered “many mini 1MDBs” in its campaign to root out corruption in the state, according to a top adviser to PM Mahathir Mohamad, signaling the wrongdoing unearthed at the debt-ridden fund may be more widespread. Daim Zainuddin, 80, who was appointed by Mahathir to head up a Council of Eminent Persons to advise the new government on ...

Bloomberg German Chancellor Angela Merkel said she favours a US-Russian summit, seeking to point global diplomacy forward after a tumultuous meeting of Group of Seven leaders. Russian President Vladimir Putin wasn’t invited to the G-7 summit in Canada, although US President Donald Trump suggested he be readmitted. In an echo of Cold War meetings on neutral ground, Austria is encouraging ...

Bloomberg Serbia’s government mustn’t send conflicting signals about its strategic goal of joining the European Union rather than aligning with Russia, Deputy Premier Zorana Mihajlovic said in a thinly veiled rebuke of her party’s ruling partners. “We who lead Serbia should more clearly say so, to avoid the situations which in the morning we want to be in the EU, ...