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India, Singapore link systems for real-time money transfers

  Bloomberg India and Singapore linked their systems that enable real-time money transfers between the two nations, as countries in the region seek to bring down barriers to the quick movement of funds. Reserve Bank of India’s (RBI) Governor Shaktikanta Das initiated the first transaction with his counterpart Managing Director Ravi Menon, according to a statement by the Monetary Authority ...

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Putin says Russia, China reach ‘new milestones’ on cooperation

Bloomberg President Vladimir Putin said he’s waiting for his Chinese counterpart Xi Jinping to visit Russia as he hailed deepening ties with Beijing at talks with China’s top diplomat. Cooperation between Russia and China is “very important for stabilising the international situation,” Putin told Chinese State Councilor Wang Yi at talks in Moscow, asking him to pass on greetings to ...

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Biden says Putin made ‘big mistake’ in suspending N-treaty

Bloomberg US President Joe Biden said Russian President Vladimir Putin made a “big mistake” in suspending participation in the New START nuclear treaty, his first direct response to the announcement. Biden made the brief remark in Warsaw, ahead of a meeting with a group of eastern-flank Nato allies known as the Bucharest Nine. In response to a shouted question from ...

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