BLOOMBERG South Korea plans to hold its “largest-ever” live-fire drills with the US in a move certain to anger North Korea, which has ramped up its provocations to new levels in response to recent military exercises. The joint drills, which will involve mobilising high-tech military equipment, are planned for June as part of a program to mark the 70th anniversary ...

BLOOMBERG Ethiopian lawmakers agreed to remove the Tigray People’s Liberation Front’s (TPLF) designation as a terrorist group, following a ceasefire signed four months ago to end a two-year civil war. The parliament approved the resolution on the basis of the November 2, 2022 peace agreement, state-controlled Fana Broadcasting Corp has reported. The TPLF and the Oromo Liberation Army were declared terrorist ...

NEW YORK / WAM Ares Management Corporation, a leading global alternative investment manager, and Mubadala Investment Company, a global sovereign investor, on Wednesday announced the formation of a joint venture (JV) to invest in global credit secondaries opportunities. The joint venture, anchored by Mubadala, will initially aim to deploy approximately $1 billion as it seeks to capitalise on the anticipated ...