EU Tells Kosovo and Serbia to End Violence or Face Consequences
European leaders gave Kosovo and Serbia a list of clear tasks to end the worst outbreak of violence in a decade, saying they must ease tensions or face serious consequences.
Bloomberg Business
Japan to Spend About $25 Billion on Families to Boost Births
Japan will spend around ¥3.5 trillion ($25 billion) on policies meant to bolster its sliding birthrate, Prime Minister Fumio Kishida said Thursday, without fully explaining how he will fund the plans.
Half of China Cities Face Debt Service Difficulty, Rhodium Says
Financial stress faced by China’s local governments is limiting fiscal support for the economy’s recovery, with half of cities facing difficulty in managing the interest payments on their debt last year.
ECB Rates Not Far Off ‘Final Destination,’ Panetta Tells Monde
(Bloomberg) — The European Central Bank isn’t done raising borrowing costs, though it doesn’t have a lot further to go, Executive Board member Fabio Panetta told Le Monde.
Goldman Cuts China Index Target While Retaining Overweight Call
Goldman Sachs Group Inc. cut its target for the MSCI China Index on earnings and currency concerns, but maintained its overweight recommendation, saying investors’ fears have been priced in.
This Week in China: Biggest Reopening Fans Are Now Underweight
No valuation case seems compelling enough to keep global investors from giving up on Chinese assets.
Ukraine Recap: Zelenskiy Asks Security Guarantees; Kyiv Attacked
“Are there security guarantees other than NATO?” Ukrainian President Volodymyr Zelenskiy asked, as he unexpectedly joined European leaders at a summit in neighboring Moldova. “We would like to have NATO guarantees. And while we are not in NATO, we want to have security guarantees.”
Jamie Dimon Plans to Visit Taiwan After High-Profile China Trip
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon is planning to visit Taiwan after wrapping up his high-profile trip to China, navigating a politically sensitive region at a time of heightened tensions between Beijing and Washington.
Malaysia Stays Open to Chinese Firms in 5G Network Rollout
Malaysia will remain a free market and allow mobile-phone carriers to decide whether to work with Chinese equipment makers including Huawei Technologies Co. during the rollout of the second 5G network, said Communications Minister Fahmi Fadzil.
How to Have a Low-Carbon, High-Impact Summer Trip
Getting to the beach doesn’t require a polluting plane.
