Bloomberg US Secretary of Defense James Mattis said the world have to deal with China’s militarisation of the South China Sea for now, but that Beijing would face “larger consequences” in the long term that could persuade it to change track. Beijing’s deployments of missile batteries and bombers to outposts in disputed areas appear aimed at intimidating neighbours, Mattis told ...

Bloomberg President Donald Trump conceded that North Korea won’t agree to immediately give up its nuclear weapons as he confirmed his June 12 summit with Kim Jong Un will go ahead. In a scene that would have been difficult to imagine even a few months ago, Trump walked former North Korean spy chief Kim Yong Chol to his black SUV ...

Bloomberg Spain’s new leader began harnessing the unlikely forces that brought him to power while a populist government took over in Italy, capping a week of political drama that sent financial markets into turmoil as the future of the euro region again rose to the fore. In Madrid, Socialist leader Pedro Sanchez was sworn in by King Felipe VI as ...