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Bloomberg China’s exports unexpectedly contracted in August, with sales to the US tumbling amid the escalating trade war between the two nations. Exports decreased 1 percent in dollar terms from a year earlier, while imports declined 5.6 percent, leaving a trade surplus of $34.84 billion, the customs administration said. Economists had forecast that exports would grow 2.2 percent, while imports ...

Bloomberg India located the spacecraft lander in its moon mission after losing contact with it, but was unable to establish communication yet, Asian News International (ANI) reported. The mission’s lunar orbiter took a thermal image of the lander on the moon’s surface, the report said, citing K Sivan, chairman of the Indian Space Research Organization (ISRO). The development comes a ...

Bloomberg Home prices in Australia’s mining towns are leading the recovery in the property market, accounting for nine out of the 10 suburbs with the strongest growth in median prices. The gains were led by a suburb close to the home to one of the world’s largest lead smelters, as well as a once-struggling steel city, as record-low interest rates ...

Bloomberg The senior manager at Nissan Motor Co who led the probe into excess compensation for Chief Executive Officer Hiroto Saikawa and other executives is resigning, people with knowledge of the matter said, the latest sign of chaos engulfing the Japanese automaker’s top ranks. Christina Murray, Nissan’s vice president in charge of audit and compliance, will leave the carmaker as ...

Bloomberg As many as 69 active fires are burning throughout Queensland state in Eastern Australia, authorities said. “We know at this stage we have 17 homes lost,” Premier Annastacia Palaszczuk said at a press conference in Brisbane. The main area of concern is around the Stanthorpe, and particularly Applethorpe in the Granite Belt. Bruce Gunn, the state’s manager for the ...

Bloomberg President Donald Trump said that he cancelled secret meetings with major Taliban leaders and the president of Afghanistan, set for Sunday at Camp David, and discontinued peace negotiations after a US soldier was killed. The sudden demise of the talks may doom direct US negotiations with the Taliban that held out the prospect of ending 18 years of combat ...

Bloomberg France’s foreign and defense ministers will meet their Russian counterparts on Monday in Moscow, a further step in President Emmanuel Macron’s effort to refresh relations with Russia. It’s the first such visit since 2014, and follows Russian President Vladimir Putin’s trip to Macron’s summer residence, just before the Biarritz G-7 meeting. “We’re not going to Moscow to lift the ...

Bloomberg What was supposed to be a sleepy round of off-cycle regional elections on Sunday has turned into a referendum on President Vladimir Putin and his ruling United Russia party. Kremlin-backed candidates for governor are vulnerable in several regions across the country as stagnant incomes and unpopular reforms fuel discontent, while elections for Moscow’s largely toothless city council have sparked ...

Bloomberg Like many expatriates in Hong Kong, Madeline Bardin is thinking more and more about leaving. The 36-year-old entrepreneur has thrived in the city for seven years, but she worries that its summer of unrest isn’t going away anytime soon. She won’t go outside with her 8-month-old son without first checking chat groups and the news for reports of tear ...

Bloomberg Transportation companies in Japan are cancelling flights and train services as Typhoon Faxai approaches. The season’s 15th typhoon was heading north-northwest at about 30 kilometres per hour as of 4:45 pm Tokyo time on Sunday, the Japan Meteorological Agency said. It may reach the nation’s Kanto region, which includes Tokyo, by early Monday. Japan Airlines Co. said it canceled ...