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Thai tourism tally beats target by 15% on year-end travel rush

Bloomberg Thailand will exceed its most-recent target for foreign tourist arrivals by about 15%, buoyed by a year-end rush of visitors from Europe and the United States, according to the government’s tourism agency. At least 11.5 million international travellers will come this year, compared to a target of 10 million, according to Yuthasak Supasorn, governor of the Tourism Authority of ...

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Shanghai strives to keep trade moving

  Bloomberg Shanghai, the world’s biggest container port, is isolating the shipment of international goods to prevent disruptions to global exports as a Covid wave sweeps across China. The port is keeping overseas vessels in a closed-loop zone to avoid massive delays, according to an oil-shipping broker. In addition, most infected staff have mild symptoms, and there are backup teams ...

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China’s soaring Covid cases push economic activity off a cliff

  Bloomberg China’s soaring Covid infections are keeping people home and causing a slump in travel and economic activity, according to the latest high-frequency data. Following the recent abrupt end to Covid Zero controls, more cities have been hit by an exit wave of infections in the past week, leading to crowded hospitals and queues at funeral parlours. That’s keeping ...

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N Korea fires ballistic missiles ahead of year-end meeting

Bloomberg North Korea fired two suspected short-range ballistic missiles ahead of a major political meeting to set policy for the new year, after ratcheting up tensions with a record number of launches in 2022. The suspected ballistic missiles were fired at around 4:32 pm from an area near Pyongyang’s main international airport towards waters off North Korea’s east coast, South ...

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Pakistan capital hit by first suicide bombing in 8 years

  Bloomberg A suicide bomber and his accomplice detonated explosives in Pakistan’s capital when police tried to check their vehicle, killing themselves, one policeman and injuring five people. The incident, the first such attack in Islamabad in more than eight years, took place in a neighbourhood close to the garrison town of Rawalpindi, local police said on Twitter. An attack ...

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Two dead, many injured in Paris shooting attack

  Bloomberg A shooting in Paris has left two people dead and four injured, the Paris prosecutor’s office said. The shooting took place around noon on Friday in the 10th arrondissement. A 69-year-old man old was arrested, the prosecutor’s office said. Authorities are still determining the man’s identity. The shooting occurred on rue d’Enghien, near a Kurdish cultural center, Agence ...

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China’s Xi tells Lee Hong Kong on ‘right track’

  Bloomberg Chinese President Xi Jinping has praised Hong Kong’s leader John Lee for reviving the local economy and safeguarding national security, while Premier Li Keqiang called for better coordination over the reopening of the city’s border with the mainland. Xi told Lee the city is on the “right track” as the two met in Beijing, according to the South ...

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Nurses to strike again in Britain next month

Bloomberg Nurses will strike again in England next month as unions and the government refuse to back down in a row over pay. The move threatens a chaotic start to the year for Britain’s National Health Service after ambulance workers called off a strike planned for next week but announced further walkouts for early next year. The Royal College of ...

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JPMorgan-backed digital bank to double loans to midsize firms

  Bloomberg C6 Bank, the Brazilian digital lender backed by JPMorgan Chase & Co, is planning to double its loan portfolio to midsize firms as it diversifies beyond retail clients. By the end of next year, C6 hopes to increase its loan book to such companies to more than 3.5 billion reais ($675 million) from about 1.8 billion reais now, ...

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