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Malaysia’s PM search yields 2 frontrunners

Bloomberg Malaysia’s Barisan Nasional alliance has chosen former deputy prime minister Ismail Sabri Yaakob as the bloc’s choice for prime minister, Ahmad Maslan, secretary general of the United Malays National Organisation said in a tweet. “Only one name as prime minister candidate was sent by UMNO/BN MPs on 17/8/21 which is Ismail Sabri, MP for Bera,” he wrote on Wednesday. ...

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London’s housing market shows hit from home working in July

Bloomberg London private housing rents fell in July compared with a year earlier as the ability to work from home meant that being close to city center offices was no longer a priority for workers. The 0.1% decline set the UK capital apart from other regions, where rental prices climbed by almost 2% on average, Office for National Statistics (ONS) ...

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Trudeau confronts inflation as economic achilles heel at polls

Bloomberg Prime Minister Justin Trudeau can expect mostly good news from economic data during Canada’s five-week election campaign. But there’s one potential trouble spot for him: consumer prices. A Statistics Canada report is expected to show that price inflation accelerated in July to almost the fastest rate in two decades. Economists estimate that consumer prices jumped 3.4% last month on ...

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