China is set to send its defense minister to Russia for the first time since President Vladimir Putin ordered the invasion of Ukraine more than a year ago, the latest sign of close ties between Moscow and Beijing.
The Thai fund buying struggling crypto exchange Zipmex is seeking to impose a steep haircut on its creditors under a revised buyout proposal.
Sanctions on Russia appear to be working as intended, with oil exports in March the highest since Covid yet revenue down by nearly half from a year earlier, data from the International Energy Agency show.
China said it wants multilateral lenders to participate in the debt restructuring of poorer nations as part of a three-point plan put forward at talks with the World Bank and other creditors in Washington this week.
Investors should avoid US stocks as expectations of a recession have become universal, according to Bank of America Corp.’s Michael Hartnett.
Investors worried about the Bank of Japan’s threat to global markets have a chance to hear from those on the front lines in coming weeks.
Investors are calling for Switzerland to overhaul its rules on Additional Tier 1 bonds, arguing that the market will stay closed unless regulations are brought in line with the rest of Europe.
China said it released relevant notices on the risk of falling debris near Taiwan this weekend following a planned satellite launch, denying Taipei’s claims that a no-fly zone will be imposed to the north of the island.
South Korean President Yoon Suk Yeol’s approval rating has fallen to its lowest level in about six months, dragged down by his response to leaked documents that purportedly showed the US spied on its ally.
The Chinese Ministry of Commerce has announced a review of its existing anti-dumping and anti-subsidy duties on barley imports from Australia, a major move toward reducing the ongoing trade tensions between the two nations.
