Bloomberg Singapore’s finance minister said the country is committed to reopening, and that recently reimposed curbs are to ensure the health system can handle an increased number of daily cases. “Our overall strategy has not changed,” Finance Minister Lawrence Wong said. “We are committed to reopening our economy and our society progressively, but our aim has always been to do ...

Bloomberg China may be diving head first into a power supply shock that could hit Asia’s largest economy hard just as the Evergrande crisis sends shockwaves through its financial system. The crackdown on power consumption is being driven by rising demand for electricity and surging coal and gas prices as well as strict targets from Beijing to cut emissions. It’s ...

Bloomberg A UK frigate sailed through the Taiwan Strait, the first such passage by a British naval vessel since late 2019, as a group of nations led by Washington pushes back at Beijing’s military assertiveness. The HMS Richmond transited the narrow body of water separating China from Taiwan on Monday on its way to Vietnam, according to the vessel’s Twitter ...