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Taiwan detains military officers for spying

  Bloomberg Taiwan detained three active-duty officers and a retired Air Force officer suspected of spying for China, the Central News Agency (CNA) in Taipei reported, a case that hints at the extent of Beijing’s snooping on its much smaller neighbour. The former officer left the military in 2013 and started doing business in China, where he was recruited to ...

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Vietnam ousts two deputy PMs as probes deepen

  Bloomberg Vietnam dismissed two deputy prime ministers — the most senior officials to be relieved of duties since 2017 — amid lengthy investigations driven by a campaign to clean up corruption and protect the Communist Party’s legitimacy. The National Assembly voted to dismiss Deputy PM Vu Duc Dam from office during a four-day special session that began on Thursday. ...

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Credit Suisse pays elevated rate in $3.75bn bond sale

Bloomberg Credit Suisse Group AG is paying up to raise billions of dollars in the US and UK as the troubled lender relies on attractive terms to keep funding plans in place. The embattled Swiss lender’s New York branch sold $3.75 billion of two-year and five-year notes to yield 370 basis points over Treasuries, according to a person with knowledge ...

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