Bloomberg China laid out a fresh laundry list of problems it has with how the US uses its power, underscoring how tensions between the two nations have worsened over issues from the alleged spy balloon dispute to Russia’s war in Ukraine. The official Xinhua News Agency published a 4,000-word article on Monday titled “US Hegemony and Its Perils” that ...

  Bloomberg North Korea fired a barrage of suspected ballistic missiles and issued a warning to the US over joint military exercises, less than two days after Pyongyang launched a long-range rocket designed to hit the American mainland. South Korea’s Joint Chief of Staff said North Korea fired two short-range ballistic missiles between 7 and 7:11 a.m. on Monday from ...

Bloomberg Chinese lenders followed the central bank by keeping their benchmark lending rates unchanged on Monday, with analysts expecting possible reductions in coming months to support the economic recovery. The one-year loan prime rate was held at 3.65% for a sixth consecutive month, in line with the forecasts from all 13 economists surveyed by Bloomberg. The five-year rate, a reference ...