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Bloomberg The top leaders of South Africa’s Economic Freedom Fighters, famous for abrasive politics and brawling in parliament, have become embroiled in a string of scandals that has dented the party’s efforts to portray itself as a voice of the poor ahead of elections in May. Deputy party leader Floyd Shivambu allegedly secured funds looted from the failed VBS Mutual ...

Bloomberg As Prime Minister Giuseppe Conte prepared to present his budget in Brussels, one of the main powers behind Italy’s government, League leader Matteo Salvini, may be looking beyond the crisis a failed spending plan could trigger and toward new elections early next year, la Repubblica reported. With both Salvini and fellow Deputy Prime Minister Luigi Di Maio of the ...

If you like betting on embattled underdogs, President Tsai Ing-wen is worth a look. She’s tempting the wrath of her powerful neighbour in mainland China by arguing that Taiwan must maintain its own open culture, democratic values and, yes, its sovereignty. Tsai is a petite woman, dressed in a plain black suit, who speaks the careful language of a Cornell-educated ...

People who know Urjit Patel, the Reserve Bank of India (RBI) governor, told me he would stay on and fight. That was in late October, when it became clear from his deputy’s speech that New Delhi was making a determined attempt to curtail the RBI’s authority as a banking regulator, and even to raid its capital. But after a November ...

Apple Inc. investors looking for any ray of hope may have found it in Taiwan. Shares of Apple have fallen more than a quarter since October on concern that iPhone sales are slowing, a prospect that’s been exacerbated by the threat of US tariffs on devices made in China. Revenue at the two main assemblers of iPhones showed growth that ...

Facing a historic defeat for her Brexit deal in Parliament, British Prime Minister Theresa May has, almost unbelievably, managed to make things worse. In a speech before the House of Commons on Monday, May postponed a vote on the deal and vowed to reopen talks with the European Union on the most contentious aspect of the whole undertaking, the Irish ...

British Prime Minister Theresa May is doing something politicians almost never do: She is charging into a battle she will almost certainly lose. Does she have a plan to survive and lead the aftermath or, like the Spartan Leonidas at the Battle of Thermopylae, will she sacrifice herself and her troops for a position she can’t hold? How the weeks ...

Japanese investors salivating at the juicy 5.4% dividend yield available from the initial public offering (IPO) of SoftBank Group Corp.’s telecom unit should rein in their excitement. It won’t last. The $23.5 billion IPO of Softbank Group’s cash-cow wireless carrier, which will confusingly trade on the Tokyo Stock Exchange as SoftBank Corp., is a hit among Japan’s traditionally conservative investors, ...

This is the time of year for annual reckonings and predictions by strategists and analysts, illustrating little more than that they know what pleases their employers and that their powers of prognostication are non-existent. Yet, full of bravado and confidence, they explain what stocks to buy, when a recession will come along, what the Federal Reserve is going to do, ...

Bloomberg US stocks joined a global rally as the outlook for trade took a positive turn and confidence grew that the British prime minister will defeat a challenge to her leadership. Chipmakers and energy producers led the S&P 500 Index higher following gains in Europe and Asia after the chief financial officer of Huawei Technologies Co. was granted bail and ...