As Donald Trump works to kick Japan’s automakers out of their largest market, they may want to set their sights on an even bigger prize — China. Authorities in the US are considering making imported cars meet stricter environmental requirements, the Wall Street Journal reported, citing administration and industry officials it didn’t identify. This sort of a non-tariff barrier would ...

How the mood changes. Malaysia is now seen as the best growth story among emerging Southeast Asian markets. Year-to-date, foreign investors bought a net $635 million of the country’s shares, while pulling money out of Indonesia, Thailand and the Philippines. The FTSE Bursa Malaysia KLCI Index has outperformed its peers with an 8 percent rally this year in dollar terms. ...

The Bank of England (BOE) has often had to fend off charges that years of easy money worsened inequality. It recently released a study concluding the opposite: that nine years of asset purchases that pumped 375 billion pounds ($527 billion) into a faltering world economy didn’t widen inequality after all: Whatever the marginal impact of the extraordinary period of accommodative ...

The past three decades of minimal real wage growth have led some people to wonder why they haven’t gotten ahead. And in much the same way that nature abhors a vacuum, con artists hate missing an opportunity to separate suckers from their money. This might explain why we see a special class of self-help gurus — none of whom were ...

If you are looking for examples of companies that do well at public relations, start with what determines personal trust. We often trust people we have met, interacted with and maybe done business with. I think of community banks as enjoying relatively high levels of trust. Millions of Americans have walked through the doors of their local banks and dealt ...

Bloomberg The European Central Bank’s top officials lined up to express cautious confidence in the euro-area economy after a series of reports pointing to a surprisingly weak start to the year, while reiterating that they’ll move only slowly towards ending stimulus. President Mario Draghi and three of his most-senior colleagues signalled that while inflation remains too low and a global ...

VIENNA / Reuters BNP Paribas is increasing its presence in Poland with the 775 million euro ($954 million) purchase of Raiffeisen Bank International’s (RBI) main business in the European Union’s largest eastern economy. The French bank said it will merge Raiffeisen Bank Polska, Poland’s tenth largest lender by assets, with BGZ BNP Paribas, which it bought in 2014, bolstering its ...

Bloomberg Axis Bank Ltd.’s Chief Executive Officer Shikha Sharma will step down at the end of 2018, more than two years before the proposed end of her term, amid reports the regulator is questioning the lender’s performance. The board of India’s third-largest private bank had proposed she stay through 2021 but accepted Sharma’s request for an exit on December 31, ...

Bloomberg Deutsche Bank AG’s management upheaval may be the final blow to the embattled lender’s ambitions to go head-to-head with Goldman Sachs Group Inc. in international investment banking, and that’s just fine for many in Germany. With veteran Christian Sewing appointed chief executive officer as the emergency replacement for out-of-favour John Cryan, businesses serving international clients and trading an array ...

Bloomberg Standard Bank Group Ltd. is seeking a banking license in Senegal after opening in Ivory Coast as the lender expands in West Africa’s French-speaking countries. Africa’s largest lender, which opened in the world’s biggest cocoa producer, will focus on corporate and investment-banking clients after obtaining the license in 2016, Sola David-Borha, the Johannesburg-based company’s chief executive officer for Africa, ...