Bloomberg Nikki Haley, a former South Carolina Governor and Donald Trump’s ambassador to the United Nations, announced Tuesday that she’s running for president, casting herself as the Republican leader best positioned to usher in a fresh chapter for the GOP. “It’s time for a new generation of leadership – to rediscover fiscal responsibility, secure our border, and strengthen our ...

Bloomberg President Volodymyr Zelenskiy’s embattled defense chief appointed three deputies as part of a shakeup aimed at quelling accusations over corruption in the top echelons of the government. Defense Minister Oleksii Reznikov, who earlier this month confronted speculation that he would be removed from his post, is taking to damage control after officials under him were swept up in a ...

  Bloomberg The Philippines has protested China’s move to aim a military-grade laser at a Philippine ship in the South China Sea which the US said was “provocative and unsafe” and threatens peace and stability in the region. The diplomatic protest, filed with the Chinese Embassy in Manila on Tuesday, “condemned the shadowing, harassment, dangerous maneuvers, directing of military-grade laser, ...

  Bloomberg Japanese Prime Minister Fumio Kishida nominated a Bank of Japan (BOJ) policy veteran and a former chief financial regulator as central bank deputies to support his pick of university professor Kazuo Ueda for the top job. The selection of Shinichi Uchida, the central bank’s executive director and Ryozo Himino, also a former finance ministry official known for his ...

  Bloomberg The Federal Reserve will likely have to keep raising interest rates to rein in price growth, which could slow economic expansion and affect the jobs market, Governor Michelle Bowman said. “We are still far from achieving price stability, and I expect that it will be necessary to further tighten monetary policy to bring inflation down towards our goal,” ...

Bloomberg Credit Suisse Group AG warned part of its workforce that a former employee copied and took some of their personal data years ago, including descriptions of their compensation. The staffer, who had legitimate access to data at the time, transferred the information onto a personal device in breach of Credit Suisse policies and later left the company, the Swiss ...

  Bloomberg The policy chief for Japan’s ruling Liberal Democratic Party (LDP) said the country’s easy monetary policy should be maintained, but has room for adjustment and reform. Koichi Hagiuda, head of the Policy Research Council at the LDP, made the comments on a program on national broadcaster NHK while discussing the imminent nomination of the Bank of Japan’s next ...

  Bloomberg Chinese banks extended a record amount of new loans in January after authorities prodded them to lend more to businesses, though consumer borrowing remained subdued. Financial institutions offered 4.9 trillion yuan ($719 billion) of new loans last month, higher than the 4.2 trillion yuan estimated by economists, and compared with a record 3.98 trillion yuan a year ago. ...

  Bloomberg Ghana’s currency surged as much as 3.1% against the dollar after the government said that it had received support from more than 80% of bondholders to restructure its local-currency debt. The cedi was trading 1.3% stronger, heading for the biggest gain in almost three weeks. It’s still the worst-performing currency tracked by Bloomberg after the Lebanese and Egyptian ...

  Bloomberg European stocks advanced and Wall Street equity futures were little changed in the build up to key US inflation data, after a drop in wage-growth expectations eased some of the concern over rising prices. Gains in European telecommunications and travel and leisure shares helped push the Stoxx 600 index 0.4% higher. Vodafone Group Plc shares rose after Liberty ...