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Bloomberg The weapons North Korea launched travelled into the stratosphere and flew at a distance long enough to strike deep into South Korean territory, according to a South Korean assessment. South Korea’s Joint Chiefs of Staff did not indicate what was fired off of North Korea’s east coast and into the sea, but experts believe at least one ballistic missile ...

Bloomberg A wildfire engulfed three villages in the northwest of war-torn South Sudan, killing at least 31 people and destroying homes and livestock, a regional official said. Some 68 others were injured in the inferno that began in Korok county, part of Lol state, according to local Information Minister Mathok Wal. The cause of the fire. which was spread by ...

Bloomberg US Secretary of State Michael Pompeo cancelled a visit to Berlin on Tuesday at short notice, citing “pressing issues” that forced him to pull out of talks with Chancellor Angela Merkel and Foreign Minister Heiko Maas. “We look forward to rescheduling this important set of meetings,” State Department spokeswoman Morgan Ortagus said, without elaborating on the nature of the ...

Bloomberg Cuba is willing to help negotiate a peaceful end to Venezuela’s political crisis if President Nicolas Maduro requests it, one of Havana’s top diplomats said. The so-called Lima Group of nations sought to enlist the communist-run Caribbean island in brokering a solution to the standoff last week after opposition leader Juan Guaido’s attempt to overthrow the embattled president failed. ...

Bloomberg Five months after Angela Merkel handed over the reins as her party’s leader, the transition to her chosen successor as German chancellor is shrouded in uncertainty, and with it the direction of Europe’s largest economy. As Merkel’s Christian Democratic-led bloc languishes at or under 30 percent ahead of the May 26 European election, her protege Annegret Kramp-Karrenbauer — known ...

Bloomberg Greek PM Alexis Tsipras is set to survive yet another challenge in the country’s parliament, where lawmakers will cast ballots this week in the fifth confidence vote since he came to power in 2015. Opposition leader Kyriakos Mitsotakis of the New Democracy party requested a censure motion against Alternate Health Minister Pavlos Polakis, after he launched an attack on ...

Trade wars are good, and easy to win. So President Donald Trump said last year as he embarked on his first round of tariffs on foreign imports. It seems that things have proven so good and easy that he’s readying for another bout. Trump is prepared to increase a 10 percent levy on $200 billion of imports from China to ...

Too big, too bloated, and too unwieldy. HSBC Holdings Plc’s achievement in bringing costs under control in the first quarter shouldn’t be an excuse to stand still. The bank posted a higher-than-estimated pretax profit of $6.35 billion last week as revenue growth outpaced the increase in expenses, a phenomenon known in industry jargon as “positive jaws.” Revenue climbed 9 percent ...

Bankers appear to be doing very well under President Donald Trump. Judging from government data, they’re reaping some of the biggest wage gains they’ve had in a long time. The Labor Department’s jobs report for April offered further confirmation that demand for workers is translating into better pay overall. The average hourly wage was up 3.2 percent from a year ...

Dirty air has finally become an issue in Indian election manifestos, along with perennial subjects such as temple-building and farmers’ incomes. That shouldn’t be a surprise: Even politicians can’t escape air pollution, which has reduced life expectancy in areas near the capital New Delhi by more than 12 years. To address the issue, the government earlier this year laid out ...