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Chinese president renews appeal to Taiwan amid pressure campaign

Bloomberg Chinese President Xi Jinping said unification with Taiwan “will and must be achieved,” renewing his pledge just days after sending a record number of warplanes near the island as part of a years-long pressure campaign. Xi made the remarks as part of a televised speech marking the 1911 uprising that toppled the last Qing emperor and led to the ...

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Ethiopia’s Tigray fighters under fire in major new offensive

Bloomberg Ethiopia has launched a major offensive against rebel forces from the Tigray region, carrying out air strikes in its latest bid to gain the upper hand in an almost yearlong civil war. The move from the government of Prime Minister Abiy Ahmed comes days after he was inaugurated for a new five-year term as leader of Africa’s second-most populous ...

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European banks falter in push to avert tougher capital rules

Bloomberg European banks are falling short in their lobbying effort against oncoming stricter capital rules which would limit their ability to boost shareholder returns, according to people familiar with the matter. Lenders expect the European Commission to disregard their plea to retain significant freedom to assess the riskiness of their own loans, as the region implements the global bank standards ...

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