Bloomberg Business

Singapore to be Cautious in Raising China Travel Capacity

Singapore will take a “cautious approach” in increasing airline seat capacity as travel from China is restored, while holding back from joining others that have imposed tighter travel restrictions on visitors from the country.

MicroStrategy Hit Lowest Since 2020 After Bitcoin Sale

MicroStrategy Inc. shares touched the lowest level since August 2020 after the enterprise-software firm, better known in recent years as the largest corporate buyer of Bitcoin, disclosed its first ever sale of the token.

Putin, Xi Hail Ties as Russia Struggles With War in Ukraine

Vladimir Putin and Chinese President Xi Jinping hailed deepening ties between their countries in talks Friday, despite signs of Beijing’s impatience over the wider political and economic impact of Russia’s struggling invasion of Ukraine.

China’s Xi Says Nation’s Covid Strategy Was ‘Optimized’

Chinese President Xi Jinping said the country’s Covid-19 strategy was “optimized” to protect people’s lives and minimize economic costs, his first comments on the issue since his government abruptly started dismantling the harsh policy earlier this month.

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