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Japan lauds Hun Sen’s visit to Myanmar

  Bloomberg Japanese Foreign Minister Yoshimasa Hayashi commended a recent visit by Cambodian leader Hun Sen to Myanmar, which was the first by a foreign leader since the military coup in February. In a phone call with his counterpart Prak Sokhonn on Tuesday, Hayashi said he remained concerned about violence in Myanmar, and welcomed Cambodia’s positive efforts to resolve the ...

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Johnson admits attending party during lockdown

  Bloomberg UK Prime Minister Boris Johnson sought to head off a growing revolt within his own party, offering an apology for attending what he called a “work” event in the Downing Street garden during lockdown, when outside parties were illegal. “There were things we simply did not get right,” he told the House of Commons on Wednesday. “I must ...

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World’s worst-performing bank lent billions to China Evergrande

  Bloomberg It was once hailed as the future of Chinese banking, a privately run lender that would mint money by outmaneuvering its state-owned rivals. An ill-fated push into property lending has instead turned China Minsheng Banking Corp into one of the biggest casualties of the real estate debt crisis that’s roiling Asia’s largest economy. Battered by mounting losses on ...

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