Bloomberg Business

EU’s Top Diplomat Says China Trust ‘Eroded’ Over Ukraine

The European Union’s top diplomat said trust with China had “eroded” over Beijing’s stance on the war in Ukraine and warned that more trade imbalances with the world’s second-biggest economy would lead to expanded protectionism.

Absence of 1MDB Debt Lets Malaysia Lower 2024 Budget Deficit

Malaysia’s government plans to reduce its budget deficit in 2024 through a combination of spending cuts, new taxes and reduced debt payments, as Prime Minister Anwar Ibrahim steps up efforts to convince investors that he’s serious about fiscal discipline.

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