Bloomberg Hong Kong doesn’t have the infrastructure to roll out a lockdown and compulsory testing as swiftly as mainland China, according to Chief Executive Carrie Lam, whose announcement of a now-delayed city-wide test sparked chaos and confusion in the financial hub. The 17.5 million residents of the southern Chinese technology hub of Shenzhen were told that they’d go into a ...

  Bloomberg The Philippines said a Chinese Navy ship entered waters within the archipelago without permission earlier this year, potentially expanding a territorial dispute beyond the South China Sea. The ship lingered in the Sulu Sea, which is surrounded by undisputed territory in the Philippine archipelago, for three days from late-January to early-February despite being challenged by a Philippine Navy ...

Bloomberg The UK was bracing for its biggest squeeze on living standards in decades even before Russia invaded Ukraine. The impact of the war is now threatening to deepen a crisis for the poorest households and pull millions more into financial trouble. A spike in the price of oil has already pushed petrol and diesel prices to a record. Economists ...