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Bloomberg President Donald Trump said he doesn’t want to meet with Iranian President Hassan Rouhani at a summit next week in New York. “I’m not looking to meet him. I don’t think they’re ready yet. But they’ll be ready,” Trump told reporters aboard Air Force One. “At the right time, they’ll be ready. I never rule anything out, but I ...

Bloomberg President Donald Trump said he’ll appoint Robert O’Brien as his White House national security advisor, elevating the State Department’s top hostage envoy from relative obscurity to one of the most important jobs in US government. O’Brien had the backing of Secretary of State Michael Pompeo, whose central role shaping the administration’s foreign policy will be solidified by the appointment. ...

Bloomberg European Commission President Jean-Claude Juncker said on Wednesday that the risk of a no-deal Brexit on October 31 is now “palpable,” sparking a drop in the pound. Juncker, speaking to the European Parliament in Strasbourg, France, after a meeting with UK Prime Minister Boris Johnson, said the main sticking point continued to be the so-called backstop to avoid a ...

Bloomberg Spain is headed for its fourth election in as many years in November as the latest failure to produce a governing alliance highlighted the increasingly fractured state of its politics. “Spain needs stability, moderation, a progressive government — it doesn’t need deadlock,” acting Prime Minister Pedro Sanchez said in a stormy parliament session as political opponents assailed him for ...

Bloomberg Malaysian ruling party leader Anwar Ibrahim, who cut a deal to become the country’s next prime minister ahead of last year’s election, said he should take power around May 2020. “There’s an understanding that it should be around that time, but I don’t think I should be too petty about the exact month,” Anwar said in an interview, when ...

The idea that interest rates could be “negative” seems so counterintuitive that it defies easy understanding. Yet, here we are. Some foreign central banks (among them, the European Central Bank (ECB) and the central banks of Denmark and Sweden) have adopted them. No less a figure than former Federal Reserve Chairman Alan Greenspan has suggested that it’s just a matter ...

Hong Kong’s IPO market is unexpectedly coming back to life. It may be a brief revival. Companies from Anheuser-Busch InBev SA’s Asian unit to Megvii Technology Ltd. aim to raise more than $10 billion selling shares before the year is out. It’s a turnaround that appeared improbable as recently as mid-August, when Hang Seng Index erased its gain for the ...

Selling infant formula to China seems so 2016. The country abandoned its one-child policy three years ago, spurring expectations of a baby boom. These have been well and truly dashed. Fertility rates remain stuck around the levels they’ve been at for two decades, and the 15 million children born in 2018 was the lowest figure since 1961. Roughly five Indians ...

The attack on Saudi Arabia’s oil and gas facilities in Abqaiq, which has suspended half of the kingdom’s processing — corresponding to 6% of world supply — is a blow to one of the main arteries of the global economy. The Trump administration should use the United Nations General Assembly this week in New York to marshal a global response. ...

India’s government will shortly find itself at a fork in the road. Will it choose globalisation and export-oriented growth? Or will the isolationists in the ruling Bharatiya Janata Party (BJP) win, and keep India out of a giant Indo-Pacific trading bloc? This weekend, New Delhi hosted negotiators for the Regional Comprehensive Economic Partnership (RCEP) – from the 10 members of ...