Bloomberg The latest swing of senior US officials through Asia indicates the Biden administration is taking a humbler tone in the region than the former president, with US Secretary of State Antony Blinken noting that every democracy was a “work in progress.” On his first official visit to India, Blinken sought common ground with New Delhi in their disputes with ...

Bloomberg Human Rights Watch is calling on Chile to stop “summary deportations” of Venezuelan citizens, saying those measures violate due process and international law. In June, Chile expelled 53 Venezuelans, some of whom were separated from family, had appeals pending or were denied phone calls or access to lawyer, Human Rights Watch said in a statement on Wednesday. Citizens of ...

Bloomberg Pedro Castillo, a former teacher from one of Peru’s most impoverished regions, takes office as the nation’s president with promises to redistribute wealth and rewrite the constitution that are likely to put him on a collision course with the political and business establishment. Castillo’s inauguration takes place in Lima on Wednesday morning, and was to be followed by the ...

Bloomberg Claims that Roman Abramovich, Chelsea Football Club Ltd’s billionaire owner, was directed to buy the team by Russian President Vladimir Putin to infiltrate the British political elite are “profoundly defamatory,” his lawyers said. Abramovich sued Catherine Belton, the author of “Putin’s People: How The KGB Took Back Russia And Then Took On The West,” which was published by Harper ...

Bloomberg American and European Union travellers who have been fully vaccinated against coronavirus will no longer need to spend 10 days in quarantine after they arrive in England. Under plans backed by British ministers on Wednesday, international leisure cruises will also resume after being put on hold for more than a year. The reforms to travel rules will allow visitors ...

Bloomberg Deutsche Bank’s traders kept Chief Executive Officer Christian Sewing’s overhaul alive when negative interest rates eroded income from lending. Now the CEO is counting on them to carry him to the finish line. With Germany’s largest lender approaching the final stretch of his four-year plan, Sewing on Wednesday raised the revenue outlook on the back of another strong quarter ...

Bloomberg In the last few weeks, the managing director of the Monetary Authority of Singapore has gained attention for his personal views on some politically charged topics, echoing a similar evolution among his central banking peers as they address the world beyond money supply. In a series of recent lectures as a visiting scholar at a local university’s think tank, ...

Bloomberg Credit Suisse Group AG failed to properly monitor tens of billions of dollars of exposure that piled up while handling trades for Archegos Capital Management that generated relatively little revenue, according to people briefed on the findings of the bank’s internal inquiry. The report into how the bank lost about $5.5 billion tied to the collapse of Bill Hwang’s ...

Bloomberg Santander Brasil Chief Executive Officer Sergio Rial will step down from the role after almost six years at the helm of the bank. The change, announced in a filing, will happen at the end of the year. Rial, who’ll become chairman and will remain a member of the bank’s board in Spain, will be replaced by Mario Roberto Opice ...

Bloomberg Barclays Plc’s investment bankers brought in a record haul as the booming deals market extended through the second quarter, offsetting more muted results in trading and helping the group to deliver improved profit and fresh shareholder payouts. Income from capital markets and merger advisory at the London-based lender rose by almost a fifth to 873 million pounds ($1.2 billion), ...