Bloomberg Business

China Deepens Espionage Crackdown Targeting Spies for the CIA

China is intensifying a crackdown on alleged spies for the US, saying it found another case of an individual informing the Central Intelligence Agency, adding to a series of espionage accusations between the two nations.

BOJ’s Record-Bond Buying Is Driving Need for YCC Tweaks

The Bank of Japan is purchasing government bonds at a record pace this year, a factor that likely prompted its recent move to allow larger yield movements to reduce the strain on its control of longer-term interest rates.

Qantas Hit by Lawsuit for Multibillion Dollar Travel Credits

Qantas Airways Ltd. was served with a class-action lawsuit by lawyers who allege the airline failed to refund passengers for flights cancelled during the pandemic and illegally benefited by retaining billion of dollars of customer funds.

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