Recent Posts

UK fast-tracks plans to harden Russian sanctions

Bloomberg UK lawmakers voted in favour of a package of measures to toughen government powers and speed up sanctions against Russian tycoons after Home Secretary Priti Patel accused Vladimir Putin’s allies of hiding “dirty money” in Britain. “We do not want it here,” Patel said as she opened six hours of debate on the measures in the House of Commons. ...

Read More »

Vietnam: China’s sea drills violate its economic zone

  Bloomberg Vietnam asked China not to violate its exclusive economic zone and continental shelf with military drills, foreign ministry spokesperson Le Thi Thu Hang said in response to reporters’ questions about the Hainan Provincial Customs Administration’s announcement about the exercises. China should not take actions that complicate the South China Sea situation but rather help maintain regional peace, security ...

Read More »

China asks top banks to report derivatives risk as markets reel

  Bloomberg China asked its biggest financial firms and other state-owned enterprises to report the extent of their exposure to derivatives contracts following wild swings in nickel and other commodities that embroiled one of the country’s largest banks. At least two Chinese banks held urgent internal meetings about their clients’ exposure on Tuesday, according to people familiar with the matter ...

Read More »
Send this to a friend