Bloomberg For weeks now, Ukrainian forces have methodically targeted supply lines of Russian troops occupying the strategically important region and city of Kherson. That doesn’t mean they may be close to launching a large-scale offensive to take it back. Outgunned despite supplies of new weapons from its US and European allies, Ukraine’s military has so far avoided a major assault ...

  Bloomberg China’s central bank set its fixing for the yuan weaker, failing to show any overt pushback after the currency slid to a three-month low against the dollar the previous day. The People’s Bank of China (PBOC) set the yuan reference at 6.7730 per dollar, 0.5% lower than the previous print, the largest daily cut since August 3. The ...

  Bloomberg Credit Suisse Group AG is facing a further delay in getting approvals for some of its China operations after a flurry of senior management departures, according to people familiar with the matter. The Swiss bank lost nearly half of the senior personnel management at its China securities ventures in recent months, including Chief Financial Officer Annie Qiu, compliance ...