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US carrier group enters South China Sea amid Taiwan tensions

  Bloomberg A US aircraft carrier and strike group have entered the South China Sea as part of what the 7th Fleet said was a scheduled operation amid rising tensions with China over a potential Taiwan visit by House Speaker Nancy Pelosi. The USS Ronald Reagan, a Nimitz-class nuclear-powered supercarrier, made its way to the disputed waters following a five-day ...

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Malaysia bans party-hopping MPs from toppling government

  Bloomberg Malaysia’s parliament on Thursday passed a bipartisan bill to curb defections by lawmakers, a major cause of political instability and a sign that elections may be round the corner. The ban on party-hopping was approved with a more than two-thirds majority and is part of a series of reforms introduced by Prime Minister Ismail Sabri in September aimed ...

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HSBC to leave best lending rate in Hong Kong unchanged at 5%

  Bloomberg HSBC Holdings Plc and Standard Chartered Plc maintained their best lending rates Thursday even as the city’s monetary authority raised its base rate to keep pace with the Federal Reserve, a move that will likely stave off some pressure on homeowners and businesses for now. Hours after the Hong Kong Monetary Authority (HKMA) said it would raise its ...

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