Bloomberg Business

Kim Jong Un Reviews Attack Plans Before South Korea-US Drills

North Korea leader Kim Jong Un discussed a plan to strike South Korea, dialing up tensions days before its neighbor holds joint military drills with American forces and its president meets the leaders of the US and Japan.

China Renaissance Says Bao Fan Is Still Cooperating With Probe

China Renaissance Holdings Ltd. said its chairman and founder Bao Fan is still “cooperating” in an unspecified investigation, six months after the once high-flying banker’s sudden disappearance sent shockwaves through the country’s financial services industry.

Biden Plans to Seek $25 Billion From Congress, Including Ukraine Aid

President Joe Biden intends to submit a supplemental funding request of at least $25 billion to Congress, according to a person familiar with the plans, setting up a possible showdown with Republicans less willing to provide further financial support for the war in Ukraine.

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