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China’s soaring Covid cases push economic activity off a cliff

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  Bloomberg China’s soaring Covid infections are keeping people home and causing a slump in travel and economic activity, according to the latest high-frequency data. Following the recent abrupt end to Covid Zero controls, more cities have been hit by an exit wave of infections in the past week, leading to crowded hospitals and queues at funeral parlours. That’s keeping ...

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N Korea fires ballistic missiles ahead of year-end meeting

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Bloomberg North Korea fired two suspected short-range ballistic missiles ahead of a major political meeting to set policy for the new year, after ratcheting up tensions with a record number of launches in 2022. The suspected ballistic missiles were fired at around 4:32 pm from an area near Pyongyang’s main international airport towards waters off North Korea’s east coast, South ...

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Pakistan capital hit by first suicide bombing in 8 years

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  Bloomberg A suicide bomber and his accomplice detonated explosives in Pakistan’s capital when police tried to check their vehicle, killing themselves, one policeman and injuring five people. The incident, the first such attack in Islamabad in more than eight years, took place in a neighbourhood close to the garrison town of Rawalpindi, local police said on Twitter. An attack ...

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