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Artisan chocolates from Vietnam fetch $72 a pound in Japan

  Bloomberg Naoko Otsuka didn’t think twice about paying the equivalent of $23 for 5 ounces of chocolate. The dark-brown slivers of sweetness weren’t just a treat, the Japanese homemaker said, but an opportunity to learn more about a superfood. The six bars Otsuka bought from a store in Tokyo’s bustling Shibuya shopping district were made by an artisan manufacturer ...

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USA, China are making great progress in currency talks

  Bloomberg The U.S. and China have made progress on their exchange-rate debate over the years while the Asian nation’s ability to control excess capacity will be central for expanding its economy, Treasury Secretary Jacob J. Lew said on Sunday in Beijing. Lew, speaking to students at Tsinghua University, said China’s government is moving in the right direction on its ...

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Dollar peg here to stay as devaluation bets climb: UAE

  Bloomberg The United Arab Emirates’ currency peg is here to stay, the central bank governor said, after contracts used to bet on a devaluation rose to the highest since March. Policy makers don’t see pressure on the dirham and the U.A.E. is committed to its longstanding peg to the dollar, HE Mubarak Rashed Al Mansoori told reporters in Abu ...

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