Bloomberg Ukraine president Volodymyr Zelenskiy has asked for additional military assistance in an address to Australia’s parliament, saying his country needs help now. Speaking to Australian lawmakers, Zelenskiy thanked the government for its support so far. He said the two countries were “like-minded” but added that “this is only the beginning.” Zelenskiy said if Russia is not stopped now, ”other ...

  Bloomberg Chinese authorities are considering a plan to raise several hundred billion yuan for a new fund to backstop troubled financial firms. The People’s Bank of China (PBOC) is leading the effort, seeking to shore up confidence in the $60 trillion financial system as the economy slows and a debt crisis in the property industry spreads. The stability fund ...

  Bloomberg The European Central Bank (ECB) said it is in daily contact with banks on how they’re dealing with implications from sanctions against Russia over its invasion of Ukraine. “In particular, we are assessing whether banks have implemented adequate internal governance arrangements and controls to adhere to the sanctions,” Andrea Enria, who leads the ECB’s supervisory board, said during ...