Japan is poised to begin informal trade talks with the UK to secure a swift trade deal after Brexit.
Shinzo Abe’s government has signalled an intention to open a dialogue with the UK while it remains in the EU, even though formal bilateral negotiations cannot begin until it has left the bloc, according to the Japanese newspaper Nikkei. Source The Telegraph
Russia’s largest aluminum producer Rusal (0486.HK) said on Monday it has not received a formal resignation from director Oleg Deripaska, and reiterated that its business and prospects may be affected by U.S. sanctions. Source: Reuters
China says it has landed long-range bombers for the first time on an island in the South China Sea, the latest in a series of maneuvers putting Beijing at odds with its neighbors and Washington over China’s growing military presence around disputed islands. Source: CNN
The US treasury secretary announced that a looming trade war has been put “on hold.” But European officials are worried that a new trade deal between the US and China could come “at the expense of Europe.” Source: Deutsche Welle
