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Taiwan sees biggest flyby of Chinese warplanes since Oct

Bloomberg China sent the biggest number of warplanes close to Taiwan since October on Sunday after a US lawmaker defied a Chinese demand that she abandon a trip to the island. Twenty-seven Chinese aircraft, including 8 J-16 fighter jets, entered Taiwan’s southwest Air Defense Identification Zone, according to a statement from the Ministry of National Defense. The air force issued ...

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S’pore’s Lee: Party needs time to pick next PM

Bloomberg Singapore PM Lee Hsien Loong said the team in the ruling party that will choose the country’s next premier is expected to take a “little longer” to make a decision due to the Covid-19 pandemic. The choice is expected “well before” the next general election, Lee said during a speech at a convention for his People’s Action Party (PAP). ...

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Morgan Stanley to repay Hong Kong staff up to $5,100 for quarantine

Bloomberg Morgan Stanley is offering to reimburse its Hong Kong employees as much as HK$40,000 ($5,100) to compensate for quarantine costs brought on by the financial hub’s zero-Covid strategy. The one-time reimbursement will be available to all Hong Kong permanent employees when they return from a personal trip to visit immediate family members, including spouses, domestic partners, children, parents and ...

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