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Credit Suisse seeks circuit breaker with $54bn line

BLOOMBERG Credit Suisse Group AG sought to arrest a collapse in investor confidence by opening a 50 billion Swiss franc ($54 billion) credit line with the country’s central bank and offering to buy back debt, as executives and government officials plot the next steps for the troubled lender. Shares in Credit Suisse initially surged as much as 40% before paring ...

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S Korea, Japan hold rare summit to mend ties as trade rift heals

BLOOMBERG The leaders of South Korea and Japan pledged at a rare summit in Tokyo their readiness to end a long-simmering dispute that had hurt security and trade tries, and work with their mutual US ally to counter threats from the likes of North Korea. President Yoon Suk Yeol smiled as he shook hands with Prime Minister Fumio Kishida on ...

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Poland to send four Soviet-era fighter jets to Kyiv in coming days

BLOOMBERG Poland will send four Soviet-era fighter jets to Ukraine in the coming days as the nation moves ahead with deliveries to bolster Kyiv’s air power, President Andrzej Duda said. “The decision has been made” and more MiG-29 models currently under maintenance are on the way, Duda told reporters in Warsaw on Thursday. The Polish government said this week that ...

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