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Police kill tribal people in India’s border state with Myanmar

BLOOMBERG Indian police forces killed at least 30 people from tribal groups identified as extremists, part of an ongoing security operation in a northeastern state bordering Myanmar that’s seen unrest over the access to affirmative action benefits. The government will not allow the disintegration of Manipur state by “armed terrorists,” Chief Minister N Biren Singh said. Security operations were still ...

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US, Japan, Philippines to hold drills amid China tensions

BLOOMBERG The US will hold joint exercises with Coast Guards from Japan and the Philippines for the first time starting from this week amid elevated tensions with China in the region. The trilateral drills will be done off Bataan province that’s facing the South China Sea from June 1 to 7, according to a Philippine Coast Guard statement. The exercises ...

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UBS, Credit Suisse offer Asia wealth bankers cut on inflows

BLOOMBERG  UBS Group AG and Credit Suisse Group AG are offering a rare incentive for their wealth bankers in Asia to bring in fresh cash, underscoring the challenges the former Swiss rivals face to ensure stability as they seek to complete a government-orchestrated merger. Relationship managers at both firms will receive commissions of 15 basis points, or $0.15 for each ...

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