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Poland floats deploying missiles as Germany offers Patriots

  Bloomberg Poland’s defense chief welcomed a German offer to deploy Patriot missiles in the country and proposed stationing the defense system near its border with Ukraine. Germany made the offer less than a week after a missile strike killed two people in a village in eastern Poland, raising fears of a significant escalation between Nato and Russia nine months ...

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South Korea’s won swings from worst to best in Asia

Bloomberg South Korea’s won is seen strengthening further after bouncing back from a 13-year low to become Asia’s best-performing currency, as the outlook for global trade improves for the major exporting nation. The won has climbed 6% against the dollar this month, the biggest rise among major Asian currencies, amid expectations of softer rate increases in the US and China’s ...

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China urges banks to maintain stable property financing

  Bloomberg China’s financial regulators have asked banks to stabilise lending to property developers and construction firms, the latest effort by policymakers to turn around the real-estate crisis and bolster economic growth. Authorities support the “reasonable” extension of existing real estate development loans and trust loans, according to a statement posted on the People’s Bank of China’s (PBOC) website after ...

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