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UK plans law to prevent asylum claims by small boat arrivals

BLOOMBERG Prime Minister Rishi Sunak’s government plans new laws to prevent people who enter the UK on small boats from claiming asylum, as it looks for ways to halt a record influx of migrants crossing the English Channel. Discussing legislation expected to be introduced this week, Chris Heaton-Harris, secretary of state for Northern Ireland, said more options could be provided ...

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China gives new backing to coal even as clean energy accelerates

BLOOMBERG China signalled coal will retain its role as the country’s mainstay fuel even as the government continues to support the expansion of its world-leading clean energy industry. The nation that mines and burns more than half the world’s coal will keep supporting the fuel, while targeting more efficient consumption and advanced production techniques, according to government reports released Sunday ...

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China sets for weak showing as growth target disappoints

BLOOMBERG Chinese markets may come under pressure again on concerns that authorities will withhold stimulus after unveiling a conservative economic growth target that is below many investors’ expectations. The consensus-lagging growth goal of around 5% for 2023, as Premier Li Keqiang outlined in a key address to open the National People’s Congress, suggests strong monetary or fiscal help may be ...

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