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Cryan’s blunt talk on clients jars Deutsche Bank investors

  Bloomberg Deutsche Bank AG investors have grown accustomed to John Cryan’s blunt talk since he took the helm a year ago. He’s chastised bankers for their pay and described his employer as an “endemic underperformer.” But some were still surprised on Wednesday when the chief executive officer said unjustified doubts over Deutsche Bank’s financial strength had spooked some clients ...

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China, Russia to hold joint exercises in South China Sea

  Beijing / AFP China and Russia will hold joint naval exercises in the South China Sea in September, Beijing’s defence ministry said Thursday, after an international tribunal invalidated the Asian giant’s extensive claims in the area. The drills will be carried out in the “relevant sea and air of the South China Sea”, defence ministry spokesman Yang Yujun told ...

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Indonesia rejects int’l pleas to halt executions

  Cilacap / AFP Indonesia on Thursday rejected appeals from the UN and EU to halt the execution of 14 drug convicts including foreigners, as speculation mounted they could face the firing squad in a matter of hours. The group, including foreigners from Nigeria, Pakistan, India and Zimbabwe as well as Indonesians, have been placed in isolation on a prison island ...

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