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Trump says ‘certainly possible’ Putin could be invited to G-7

Bloomberg President Donald Trump says it’s “certainly possible” he’ll invite Vladimir Putin as a guest to next year’s Group of Seven summit in the US, setting up a flashpoint with fellow nations who ejected the Russian leader over annexation of Crimea. Trump spoke in Biarritz, France, on Sunday as the day’s session of the G-7 was set to get underway. ...

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Kim guides test fire of new rocket launcher

Bloomberg North Korea’s Kim Jong-un guided a test fire of a newly developed super-large multiple rocket launcher, setting the stage for one of the busiest weekends for missile firings since talks began with US President Donald Trump more than a year ago. The test firing comes after South Korea’s Defense Ministry said the same day North Korea launched two ballistic ...

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Seoul holds military drills at islets disputed with Japan

Bloomberg South Korea’s armed forces started military training near disputed islands also claimed by Japan on Sunday amid increasing tensions between the two nations. The drills involving South Korea’s navy, marine corps, air force and army will run through Monday, the nation’s Defense Ministry said. Japan swiftly decried the move and called for a halt to the exercises, which it ...

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Tunisia’s Karoui arrest decried as ‘dangerous’

Bloomberg Two of Tunisia’s main parties criticised the arrest of a media mogul-turned presidential candidate on tax evasion changes and raised questions over the role of the judiciary in the North African nation’s politics. Nabil Karoui, the owner of Nessma TV and a self-proclaimed champion of the poor, was detained after the issuing of an arrest warrant in a case ...

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HK police use water cannons on protesters

Bloomberg Hong Kong police deployed water cannons for the first time after firing multiple volleys of tear gas at protesters as social unrest continued for the 12th weekend in the Asian financial centre. Police and protesters were involved in several standoffs in the western New Territories district of Tsuen Wan on Sunday. Hong Kong Chief Executive Carrie Lam held a ...

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Swift slams US politics and Trump’s ‘autocracy’

Bloomberg Taylor Swift said US President Donald Trump probably thinks of the US as an “autocracy” and that she has become disillusioned with the state of American politics in an interview with The Guardian newspaper. The criticism of the president is unusually pointed for the singer, who for years declined to publicise her political beliefs. She now says she regrets ...

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Trade war shows reality of ‘America first’ in action

In a trade war, as in a real one, people are wounded by friendly fire from their side. Consider some casualties in Donald Trump’s “easy to win” — his promise — trade war. Begin with the company whose green machines bear the name of the blacksmith who, in the 1830s in Grand Detour, Illinois, invented a self-scouring plow that could ...

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Xiaomi has a secret money maker

Investors have been looking for reasons to forgive Xiaomi Corp. for its post-IPO slump. They don’t appear to have found them yet. Shares of the Chinese smartphone maker reversed a 2.1 percent gain to plunge as much as 5.5 percent in Hong Kong after the company posted second-quarter earnings. They’ve dropped 47 percent since the July 2018 listing. The stock ...

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Facebook finally meets a regulator with bite

In France, they call it taking mustard after dinner. In Germany, they talk about a child having already fallen in the well. In England, they speak of closing the stable door after the horse has bolted. They all are good ways of describing how regulators have tended to deal with the world’s biggest tech firms. But when it comes to ...

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