Bloomberg Business

China Warns of Retaliation Against US Over Balloon Saga

China warned that it will retaliate against the US over violations of its sovereignty, potentially escalating the lingering balloon dispute just as top diplomats from both nations plan to attend a security conference in Germany.

China Spares Existing Offshore Brokerage Accounts From Crackdown

China’s securities watchdog said mainland investors who already have offshore trading accounts will be allowed to continue transactions while the regulator continues to tighten its oversight over illegal cross-border brokerage services.

South Korean Prosecutors Seek Arrest Warrant of Opposition Leader

South Korean prosecutors sought an arrest warrant for a former presidential candidate now leading the progressive opposition party over suspected graft, a move set to send shockwaves through an already bitter partisan political divide.

WHO Calls on China to Cooperate as It Pushes for Covid Answers

The World Health Organization is calling for more cooperation from China in its search for the origins of Covid-19, a topic back in the news after a scientific journal reported the agency shelved its investigation over a lack of collaboration.

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