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Australia’s Wong warns regional conflict would be ‘catastrophic’

Bloomberg Australian Foreign Minister Penny Wong warned about the risk of conflict in the Indo-Pacific as she prepares to meet her British counterpart for defense talks that will likely focus on regional issues including China’s military expansion. Speaking on Tuesday before joining Australian Defense Minister Richard Marles for two days of annual bilateral talks with their British counterparts, Wong said ...

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Czech parliament speaker to visit Taiwan amid row with china

  Bloomberg The speaker of Czech parliament said she will visit Taiwan, a day after China lashed out at the nation’s president elect for saying he favored a stronger partnership with Taiwan. Marketa Pekarova Adamova said she talked to Taiwanese Foreign Minister Joseph Wu on Wednesday about her visit planned for March. Just a day earlier, China called comments made ...

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Credit Suisse to move private funds group to First Boston unit

  Bloomberg Credit Suisse Group AG plans to shift an asset management business that helps buyout firms raise funds to its First Boston spinout as the firm works to reshape its investment bank after losses. Internal discussions are taking place on moving the Private Funds Group, co-headed by David Klein in the US and Michael Murphy in London, to First ...

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