Bloomberg New Chinese Foreign Minister Qin Gang sought better Sino-US ties in a phone conversation with Secretary of State Antony Blinken on New Year’s Day, according to a statement from the Ministry of Foreign Affairs in Beijing. Qin, who served as China’s ambassador to the US prior to his new job, looked forward to maintaining a close working relationship ...

  Bloomberg New York Governor Kathy Hochul promised to reduce crime, improve affordability and stem the state’s population loss as she took the oath of office for her first full term. Hochul’s inauguration capped a remarkable ascendancy in New York politics, becoming the first woman to take the state’s top office in her own right, after inheriting it in 2021 ...

  Bloomberg The Bank of Korea (BOK) should keep its policy focus on fighting inflation and be ready to help stabilise markets, Governor Rhee Chang-yong said in a New Year speech. Inflation is the most important factor for people’s livelihoods and is expected to remain elevated, Rhee said, according to a transcript of his remarks released by the BOK. The ...