Bloomberg Hong Kong could have a hard time attracting blank check companies after it proposed a high threshold to list in the city. In a consultation paper, Hong Kong Exchanges & Clearing Ltd proposed that special purpose acquisition companies would need to raise at least HK$1 billion ($128 million) when listing and that retail investors would be barred from participating. ...

Bloomberg France isn’t the only country upset about a new security pact between the US, UK and Australia: Some Southeast Asian nations are also worried the partnership could provoke China and spur a regional arms race. The so-called Aukus partnership, which will help Australia acquire nuclear-powered submarines, prompted China last week to warn of an arms race in a region ...

Bloomberg North Korea warned of a “nuclear arms race” after the US and UK agreed to give Australia technology to build nuclear-powered submarines, and vowed to take counteraction for any adverse impact on its own security. “These are extremely undesirable and dangerous acts which will upset the strategic balance in the Asia-Pacific region and trigger off a chain of nuclear ...