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Kim steps up missile barrage with two more test-launches

  Bloomberg North Korea fired what were believed to be two short-range ballistic missiles, adding to one of its biggest barrage of tests since Kim Jong-un took power a decade ago. South Korea’s Joint Chiefs of Staff said the military “detected two projectiles that appeared to be short-range ballistic missiles,” fired at around 8 am Thursday from around North Korea’s ...

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Kenya revises law to prop political coalitions ahead of vote

Bloomberg Kenyan lawmakers approved legislation backed by President Uhuru Kenyatta and opposition leader Raila Odinga, which will allow the formation of political coalitions without stripping constituent parties of their identities. Deputy President William Ruto and his allies opposed the Political Parties Amendment Bill as it will aid his main rival, Odinga, to set up a formidable alliance made up of ...

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Deutsche Bank plans to boost dividend after 3-year drought

  Bloomberg Deutsche Bank AG plans to further increase its dividend after resuming payouts following a huge restructuring that saw it exit equities trading and cut thousands of jobs. The decision to pay out 700 million euros ($790 million) through buybacks and dividends is an “important first step” in the bank’s commitment to pay out 5 billion euros ($5.60 billion) ...

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