BLOOMBERG Pakistan’s former premier Imran Khan has defied a deadline set by local officials to hand over supporters, as the political drama surrounding the opposition leader continues to escalate. Police remain outside his home in Punjab province, stoking concerns of a repeat of the violent clashes seen between his supporters and security forces. A provincial government minister claimed Khan was …

BLOOMBERG US President Joe Biden and other Group of Seven (G-7) leaders began arriving in the Japanese city of Hiroshima for an annual summit, with concerns around China and Russia  — both uninvited — set to dominate discussions. The meeting, which runs through Sunday, comes as Russia launched fresh aerial assaults on Ukraine and Chinese President Xi Jinping attended a separate …

BLOOMBERG  A Bank of America Corp (BofA) strategist says you shouldn’t be fooled by a seemingly bearish signal being flashed by the stocks in the S&P 500 Index. To the contrary, history shows it may even point to strong gains ahead. The 50-day moving average of the S&P 500 Equal Weight Index — a version of the benchmark that gives …