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Bloomberg Over in Asia’s booming dollar-bond market, there are two notable absentees: Thailand and the Philippines. The two countries are missing out on the rush to dollar-denominated debt, instead relying on their domestic fixed-income markets and lending from banks— something that’s unlikely to change anytime soon. Issuance from Thailand and the Philippines combined stands at a paltry $3.7 billion, compared ...

Bloomberg Zai Lab Ltd., a Chinese drug developer working on cancer treatments, has picked banks to arrange a planned US initial public offering that could raise about $150 million, people with knowledge of the matter said. The Shanghai-based biopharmaceutical company, started by former Pfizer Inc. senior scientist Samantha Du, is working with Citigroup Inc. and JPMorgan Chase & Co., according ...

Bloomberg The UK is seeking to regain momentum in so-far sluggish Brexit negotiations by publishing this week the first outline of its positions as two key ministers issued a joint declaration on a the post-European Union transition period, ending their disagreement over the issue. The government plans to issue the first of three discussion papers ahead of the next round ...

Bloomberg Chancellor Angela Merkel hit the campaign trail with a swipe at German auto executives for a diesel cheating scandal, sounding a pro-labour message she’ll use to counter her Social Democratic Party challenger leading up to the country’s Sept. 24 election. As polls give Merkel’s Christian Democratic Union-led bloc a wide lead over the SPD with six weeks of campaigning ...

Bloomberg The former Google engineer, whose controversial memo has triggered a nationwide debate on gender differences and diversity efforts in technology, defended his views in an interview Wednesday with Bloomberg Television, saying company executives are smearing him in its wake. James Damore, who until Monday worked as an engineer on video and image search at Alphabet Inc.’s Mountain View, California, ...

Bloomberg UK shoppers are in the “teeth” of a squeeze on their pockets and they’re going to have to ride it out for the rest of the year. That’s the view of Bank of England Governor Mark Carney, who said this month that consumers may have to wait a bit longer to see real wage growth again. Data next week ...

Bloomberg For Dana Dwyer, an Oracle Corp. employee and mom, a full tank of gasoline at the end of her workday is something she describes with just two words: “It’s happiness.” Dwyer spends an hour each morning fighting through 20 miles of Bay Area traffic to get her child to school and herself to work. At night, “making one more ...

Bloomberg Donald Trump condemned hatred, bigotry and violence “on many sides” after clashes at a white nationalists’ rally in Charlottesville, Virginia, capped off by incidents which left three people dead, including a pedestrian and two in a helicopter crash. The president spoke after two days of violent protests in the city that’s home to the University of Virginia, triggered by ...

DUBAI / Reuters Iran’s parliament gave initial approval on Sunday to a bill to boost spending on Tehran’s missile programme and the elite Revolutionary Guards in retaliation for new sanctions imposed by the United States. Lawmakers overwhelmingly approved the outlines of the bill to “counter America’s terrorist and adventurist actions” as some chanted “Death to America”, the state broadcaster IRIB ...

Bloomberg German Chancellor Angela Merkel’s chief rival, Social Democrat Martin Schulz, slammed US President Donald Trump and said he still stands a chance to win the election despite polls showing him trailing six weeks ahead of the contest. Schulz said he wouldn’t criticize Merkel’s approach to a possible nuclear conflict over North Korea, saying German political parties should stand together. ...