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South Korea to boost US, Japan defense ties after Kim’s missiles

Bloomberg South Korea said its military will strengthen security cooperation with the US and Japan, including the deployment of “US strategic assets,” after Kim Jong Un’s North Korea fired two short-range ballistic missiles Sunday. The provocations, in violation of United Nations Security Council’s resolutions, will strengthen sanctions against North Korea, worsen public welfare and make the regime “very unstable,” South ...

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Truss faces new perils as restless MPs return to Westminster

Bloomberg The return of Parliament this week is fraught with danger for UK Prime Minister Liz Truss. In her first month in office, the 47-year-old premier managed to roil the financial markets, alienate a swath of her lawmakers and sink the Conservative Party in the polls with the biggest set of unfunded tax cuts in half a century. Since the ...

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India plans phased central bank digital rupee launch

  Bloomberg India’s central bank is working towards a phased introduction of a digital currency and will put forth a final design after it has conducted large scale pilot projects. The Reserve Bank of India (RBI) is exploring the option of implementation of an account-based central bank digital currency or CBDC for the wholesale segment and token-based currency for the retail ...

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