Bloomberg India and China discussed Russia’s war in Ukraine and their own border standoff during an unannounced visit by Chinese Foreign Minister Wang Yi, the first since tensions erupted between the neighbors two years ago. Ties between New Delhi and Beijing haven’t returned to normal yet and will continue to be disturbed as long as troops remain deployed along their ...

  Bloomberg The warring sides in Ethiopia agreed to a conditional truce in the northern Tigray region, where a civil war that’s raged since November 2020 has displaced millions of people and brought hundreds of thousands of others to the brink of starvation. The dissident Tigray People’s Liberation Front said it will implement a “cessation of hostilities effective immediately” once ...

  Bloomberg Thailand’s banking system remains resilient with high levels of capital buffer to withstand future risks and uncertainties, the nation’s central bank said, a day after S&P Global Ratings downgraded the top lenders citing increased systemic risks. The capital adequacy ratio of Thai banking system stands at 20% and lenders have increased provisioning against bad loans by $12.8 billion ...