Bloomberg House Speaker Nancy Pelosi said the US couldn’t let China establish a “new normal” around Taiwan, hours after Beijing announced plans for regular military patrols near the democratically governed island. Pelosi told a news briefing in Washington that Chinese leaders had been “trying to push their way” toward their goals on Taiwan before she led a congressional delegation there ...

Bloomberg South Korea said the possible operation of a controversial American-made missile shield was “not negotiable,” pushing back at China’s efforts to hold President Yoon Suk Yeol to his predecessor’s pledge to freeze its deployment. Decisions on the deployment of Lockheed Martin Corp.’s Terminal High-Altitude Area Defense system was a matter of South Korea’s self-defense, a senior presidential official told ...

Bloomberg India’s central bank released guidelines for digital lending, targeted at bringing transparency and data protection to the business after complaints started mounting over unfair recovery practices, with many players capitalizing on borrowers’ lack of financial literacy. The Reserve Bank of India (RBI released the guidelines on Wednesday, which direct operators to display all inclusive costs of the digital loan ...