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China warns US against sailing warships through Taiwan Strait

Bloomberg China called on the US to refrain from sailing naval vessels through the Taiwan Strait, saying Beijing would take further action in the wake of House Speaker Nancy Pelosi’s visit to Taipei. China’s ambassador to Washington, Qin Gang, said Tuesday that China viewed such Taiwan transits as an escalation by the US and an effort to support the “separatist” ...

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Ukraine strategy targets Russian army’s lifelines in Kherson

Bloomberg For weeks now, Ukrainian forces have methodically targeted supply lines of Russian troops occupying the strategically important region and city of Kherson. That doesn’t mean they may be close to launching a large-scale offensive to take it back. Outgunned despite supplies of new weapons from its US and European allies, Ukraine’s military has so far avoided a major assault ...

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Yuan tumbles to 3-month low, putting PBOC fixing on focus

  Bloomberg China’s central bank set its fixing for the yuan weaker, failing to show any overt pushback after the currency slid to a three-month low against the dollar the previous day. The People’s Bank of China (PBOC) set the yuan reference at 6.7730 per dollar, 0.5% lower than the previous print, the largest daily cut since August 3. The ...

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