Bloomberg Business

US-China Meeting Only Worsens Tensions Over Balloon, Russia

The US and China came to Germany last weekend looking to patch up a new rift opened by the uproar over a Chinese balloon. But a meeting between their top diplomats showed how difficult it will be to compromise.

Here’s What to Watch as North Korea Ratchets Up Nuclear Tensions

North Korea set off a fresh cycle of provocations by firing three missiles in two days, issuing threats to the US over its joint military drills and parading in Pyongyang its newest rockets designed to deliver nuclear warheads to the American mainland.

Chinese Ride-Hailing Firm Dida Revives $200 Million HK IPO

Dida Inc. is considering raising about $200 million through its planned Hong Kong initial public offering, people familiar with the matter said, paving the way for the first listing by a Chinese ride-hailing startup since Didi Global Inc.’s ill-fated share sale in 2021.

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