Bloomberg Kim Jong-un looks like he did just enough on Wednesday to get stalled talks with US President Donald Trump back on track, without coming close to giving up North Korea’s nuclear weapons. During a second day of meetings with Moon Jae-in, the first South Korean leader to visit Pyongyang in 11 years, Kim agreed to dismantle a key missile ...

Bloomberg A Pakistani High Court suspended former Prime Minister Nawaz Sharif’s 10-year jail sentence on Wednesday, a judgement that may revive his political career after his party was ousted from power in July’s national election. The two-member panel of judges, including Justice Athar Minallah and Justice Miangul Hassan Aurangzeb, also suspended graft convictions against Sharif’s daughter, Maryam, and her spouse ...

Bloomberg Malaysia’s former premier Najib Razak will face new charges in a case linked to troubled state fund 1MDB, following earlier allegations of money laundering and corruption. The expected allegations against Najib are part of a case linked to 2.6 billion ringgit of funds transferred to his personal account, the Malaysian Anti-Corruption Commission said in a statement, after detaining him ...

Bloomberg The UK and the European Union signalled their readiness to work to break the deadlock in Brexit talks as Prime Minister Theresa May prepared for a crucial summit aiming to persuade EU leaders to back her plans. The bloc’s chief Brexit negotiator, Michel Barnier, repeated his offer to re-write his blueprint for avoiding a hard border between the UK ...

Bloomberg Pro-government forces in South Sudan went on a weeks-long rampage of “staggering brutality” in opposition-controlled areas and killing civilians and destroying their food supplies even after warring sides agreed a cease-fire, Amnesty International said. Soldiers and allied militias were given “free rein” to commit atrocities in the country’s north between mid-April and early July, the London-based group said on ...

Bloomberg Steve Bannon helped upend the political order in the US before falling out with President Donald Trump. Now he’s looking to recreate his former glories in Europe. Bannon is planning a roadshow across half a dozen European countries this week to organise a loose alliance of populist leaders and parties in a bid to gain a bigger foothold for ...

It has long been an accepted axiom in the United States — and also in many advanced democracies — that the future would be better than the past. People took it for granted that living standards would rise and that life would be more comfortable and stable. Well, kiss that optimism goodbye. A new survey of 27 countries finds that ...

It feels good again to be an investor in Italian government debt. Since the start of September, the yield on the benchmark 10-year bond has fallen from 3.24 percent to 2.79 percent, and the spread with German bunds has narrowed sharply. Bondholders seem confident that Italy’s finance minister Giovanni Tria will get his way in passing a prudent budget, despite ...

Now that everything has been said about the 10th anniversary of the Lehman Brothers bankruptcy, it’s worth asking how close we are to the next crisis. In the market for corporate loans, investors have fulfilled at least one prerequisite: They’re dropping their guard. The financial cycle has a lot to do with inattention. When something bad happens, people are careful ...

The West has turned hostile to open markets, but trade isn’t in retreat everywhere. In other parts of the world, it’s flourishing. The fashionable label “deglobalisation” misses the shift in import and export patterns that has seen emerging markets account for an increasing share of global trade in goods. Not the least of these is China’s expanding role as customer, ...