Bloomberg Top News

Mexico President Andres Manuel Lopez Obrador has at long last sold his predecessor’s jet, though at a fraction of what he hoped for.

India’s economic activity stayed resilient in March though the weakening pace of exports and an increase in unemployment dimmed the outlook for the country that’s surpassing China as the most populous nation.

China’s massive coal imports last month included record purchases from Russia and Mongolia and a significant increase in cargoes from Australia, according to the latest Chinese customs data.

The People’s Bank of China pledged to make sure interest rates are appropriate and that credit remains stable, as it draws lessons from the Silicon Valley Bank crisis.

Japan’s inflation continued to outpace expectations, adding to intense scrutiny over next week’s Bank of Japan policy meeting — the first under its new chief Kazuo Ueda.

Ford Motor Co. Chief Executive Officer Jim Farley said rival Tesla Inc. could start a price war and turn certain electric vehicle models into commodities after it cut prices for the second time in a month this past week.

South Korea is poised to extend its dominance over the global memory-chip market at China’s expense as US export controls shift the dynamics of semiconductor supply chains, a leading industry forecaster predicts.

North Korea’s foreign minister made her first formal statement directed at the US in about half a year to say Pyongyang will keep its nuclear weapons and punish Group of Seven members who try to change that.

The increase was driven by a post-pandemic economic recovery and mirrors rises across the G-7, the nation’s Ministry of Environment said.

Goldman Sachs Group Inc. economists said an independent review of Australia’s central bank has “hawkish implications” for monetary policy because of tweaks to the inflation targeting framework.