March, 2023

• 30 March

  Japan foreign minister planning to visit China since 2019

  

  BLOOMBERG Japan’s foreign minister is planning to visit China this weekend in the first such trip in about three years, Kyodo News and other local media reported, as Asia’s two largest economies seek to maintain stable ties amid rising tensions. Yoshimasa Hayashi is set to meet his Chinese counterpart Qin Gang during a two-day visit, Kyodo reported, citing government sources ...

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• 30 March

  Biden aide speaks with China counterpart as tension spikes

  

  BLOOMBERG White House National Security Advisor Jake Sullivan spoke with China’s top diplomat Wang Yi, people familiar with the matter said, as the two sides look to ease tensions that have continued to build in recent months. Sullivan’s previously unreported call took ahead of Taiwan’s President Tsai Ing-wen scheduled visit to the US en route to Central America, a trip ...

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• 29 March

  US futures, stocks up as tech rally buoys mood

  

  BLOOMBERG Stocks rose with US index futures as a rally in Chinese tech shares boosted sentiment and concern about contagion from banking turmoil continued to wane. Contracts on the three main US gauges climbed, with the Nasdaq 100 poised to extend its best quarter since 2020. Alphabet Inc and Tesla rose in premarket trading, while tech shares were among the ...

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• 29 March

  Adani flagship rallies as group rebuts debt repayment reports

  

  BLOOMBERG Adani Group shares rose on Wednesday after the conglomerate rebutted reports about its ability to repay debt. The group’s flagship Adani Enterprises Ltd rallied 8.7% while Adani Ports & Special Economic Zone Ltd added 7.3% as both firms posted their biggest rally since GQG Partners’ stake in the companies earlier this month. Other group companies also gained, paring earlier ...

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• 29 March

  Ukraine wants sanctions on Russia’s nuclear energy sector

  

  BLOOMBERG Ukraine wants Russia’s nuclear energy sector and liquefied natural gas (LNG) to be part of future sanctions packages, Ukraine’s energy minister told Bloomberg Television. Ukrainian forces downed 14 out of 15 Shahed-type drones launched by Russian troops overnight, Ukraine’s General Staff said on Facebook. Twelve of the unmanned aircraft were shot down over Kyiv, the city’s military administration said. ...

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• 29 March

  Terror attack in Northern Ireland ‘highly likely:’ UK

  

  BLOOMBERG The UK’s domestic intelligence agency, MI5, increased the terror threat level in Northern Ireland from substantial to “severe,” meaning an attack is deemed to be “highly likely” just as US President Joe Biden plans a visit to the region. “The public should remain vigilant, but not be alarmed, and continue to report any concerns they have to the Police ...

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• 29 March

  India oppn unites in demanding Rahul Gandhi’s return as MP

  

  BLOOMBERG India’s fractured opposition parties are coming together to demand that Rahul Gandhi be reinstated as a lawmaker after he was convicted of defaming Prime Minister Narendra Modi. Lawmaker Manish Tewari, who is also a member of Gandhi’s Congress party, said there’s an “unprecedented closure of ranks” among the opposition on the politician’s ouster and they see it as an ...

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• 29 March

  Philippines to cut contact with International Criminal Court

  

  BLOOMBERG The Philippines will cut contact with the International Criminal Court (ICC) after it denied the government’s request to suspend the probe on former leader Rodrigo Duterte’s deadly drug war, President Ferdinand Marcos Jr said. “That ends our involvement with the ICC,” Marcos said in a televised briefing, referring to the court. “At this point, we are disengaging from any ...

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• 29 March

  France faces new pension strikes

  

  BLOOMBERG French unions hold a 10th day of nationwide protests on Tuesday to try to force President Emmanuel Macron to hit the brakes on his unpopular pension reform and open fresh talks. As concerns grow over mounting violence, labour organisations have blamed the government for creating an explosive situation. Marches ended in chaos, with hardcore fringes clashing with riot police. ...

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• 28 March

  Borouge supplies AED120m worth of materials

  

  ABU DHABI / WAM Borouge is supplying sustainable “Made in UAE” polyethylene materials worth AED120 million that are used in several development projects across the Middle East and Africa regions. Borouge’s contribution to these mega projects is driven by collaboration with the local manufacturing companies who selected Borouge’s products due to their unique properties being the optimum materials to be ...

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