Bloomberg Pakistan’s foreign minister wrote to the United Nations, while its army pledged to go to “any extent’’ against India’s move to revoke the autonomous status of Kashmir, that’s claimed in full by the two South Asian nations. Foreign Minister Shah Mahmood Qureshi wrote a letter to the secretary general of the United Nations informing him about the “critical situation” ...

Bloomberg Six weeks after US President Donald Trump took his historic first steps into North Korea, talks with Kim Jong-un appear to be back on the verge of collapse. North Korea’s foreign ministry renewed its threat to take “new road” in negotiations with the US, saying Washington and Seoul would “pay a heavy price” if they continued to disregard the ...

Bloomberg China urged Hong Kong residents to stand up to protesters challenging the government, after a general strike that led to a day of traffic chaos, mob violence, tear gas and flight cancellations. In some of the Chinese government’s strongest comments yet on the unrest gripping the Asian financial hub, the top agency overseeing Hong Kong reiterated support for local ...

Bloomberg The Taliban has warned Afghan citizens to boycott presidential elections or face attacks at rallies, as the militant group nears a peace deal with the US. The polls are a “ploy to deceive the common people” because foreigners hold the ultimate decision-making power, according to a statement emailed by the group’s spokesman Yousef Ahmadi, referring to the US and ...

Bloomberg President Donald Trump imposed further sanctions on Venezuela, freezing the government’s assets in the US and adding immigration restrictions in a move aimed at stepping up pressure on the regime of Nicolas Maduro. Property belonging to the Venezuelan government “may not be transferred, paid, exported, withdrawn, or otherwise dealt in,” Trump said in an executive order by the White ...

Federal Reserve Chairman Jerome Powell has not been shy about saying what he’s trying to do: prolong the economy’s expansion so that it creates more jobs for those who, in the past, have often felt left out. The Fed increasingly sees itself as a social agency dedicated to job creation. That — more than the effect on stock prices — ...

Extraordinary times require extraordinary measures. Just 18 months into the job, John Flint has stepped down as CEO of HSBC Holdings Plc. It may be time for this lumbering giant to turn to an outsider rather than the homegrown veterans that the bank has typically chosen as its leaders. Flint was cut from the same cloth as his predecessors, having ...

It didn’t take long for the Donald Trump tweet. That you can get more than 7 Chinese yuan to the dollar for the first time since 2008 was always going to be a red rag to the White House bull in the escalating economic battle between Washington and China. The president tweeted — inevitably — that Beijing was a currency ...

After a messy selection process, the European Union’s finance ministers have picked Kristalina Georgieva as their candidate to lead the International Monetary Fund (IMF). The Bulgarian economist, currently chief executive of the World Bank, has suitable credentials but it would be wrong of the IMF board to rubber stamp her nomination just because a European has always held the post. ...

Cuban socialism has survived the collapse of the Soviet Union. So however much pain the Trump administration means to exact upon the island economy through a new bout of sanctions, the imminent demise of the autocrats in Havana seems unlikely. No doubt, the recent US-imposed measures, including a ban on cruises, restrictions on remittances and a green light for aggrieved ...