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Taiwan warns of severe military challenge as China edges closer

Bloomberg Taiwan warned it faces “severe military challenges” from surging Chinese military activity edging closer to the island, as Beijing tries to change the status quo in the Taiwan Strait. Taipei expects the People’s Liberation Army to continue sending warships and jets across the median line that divides the waterway, the island’s Ministry of National Defense said in an annual ...

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Imran Khan to explain speech as Pakistan court mulls contempt

  Bloomberg A court in Pakistan told former Prime Minister Imran Khan to explain in writing his angry comments against a female judge who had denied bail to Khan’s close aid, as it continues to mull initiating contempt proceedings against him. A five-judge panel headed by Chief Justice Athar Minallah directed the former leader to submit a response within a ...

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German inflation quickens to record as ECB weighs next hike

Bloomberg German inflation accelerated to the most since the euro was introduced on soaring energy prices, bolstering calls for a jumbo interest-rate increase when the European Central Bank meets next week. Consumer prices in Europe’s biggest economy, calculated under European Union harmonised standards, jumped 8.8% from a year ago in August, matching the median estimate in a Bloomberg survey of ...

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