Burnham rules out early election as he admits UK faces ‘challenging’ financial outlook

Also in this newsletter: US-Canada trade war erupts and Singapore’s effort to boost birth rates

Prime minister opts not to rip up programme drawn up under Sir Keir Starmer that mostly relies on housing associations

The Bank of Japan will probably raise its benchmark interest rate next month, validating widespread market speculation, and follow up with another increase as early as January, according to a former BOJ board member.

Treasury secretary warns of further measures in bid to increase pressure on Tehran

Move marks further escalation of Washington’s trade war with Ottawa

Brazil central bank chief Gabriel Galípolo warned of rising household debt, cautioning against efforts to further spur credit and consumption as the government rolls out billions of dollars in stimulus.