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Bloomberg A London mansion owned by members of Russian billionaire Oleg Deripaska’s family has been occupied by protesters opposing the invasion of Ukraine, sparking a confrontation with police. The group made their way into the home on Belgrave Square — one of the city’s most affluent districts, according to a member of the group, who declined to give his name. ...

  JAKARTA / WAM A strong quake struck off the west coast of Indonesia’s Sumatra island early on Monday, sending residents fleeing from their homes, but no damage or victims were reported immediately. The shallow 6.7-magnitude earthquake hit at 4:06 am at a depth of 21 kilometres, with its epicentre 167 kilometres west of the coastal city of Pariaman, the ...

Bloomberg North Korea could launch an ICBM as soon as this week, the Yonhap News Agency reported, in what would be its most serious provocation in five years as South Korea undergoes a presidential transition and the world focuses on Russia’s invasion of Ukraine. South Korea and the US have detected signs of an imminent test of an intercontinental ballistic ...

Bloomberg Hong Kong doesn’t have the infrastructure to roll out a lockdown and compulsory testing as swiftly as mainland China, according to Chief Executive Carrie Lam, whose announcement of a now-delayed city-wide test sparked chaos and confusion in the financial hub. The 17.5 million residents of the southern Chinese technology hub of Shenzhen were told that they’d go into a ...

  Bloomberg The Philippines said a Chinese Navy ship entered waters within the archipelago without permission earlier this year, potentially expanding a territorial dispute beyond the South China Sea. The ship lingered in the Sulu Sea, which is surrounded by undisputed territory in the Philippine archipelago, for three days from late-January to early-February despite being challenged by a Philippine Navy ...

Bloomberg The UK was bracing for its biggest squeeze on living standards in decades even before Russia invaded Ukraine. The impact of the war is now threatening to deepen a crisis for the poorest households and pull millions more into financial trouble. A spike in the price of oil has already pushed petrol and diesel prices to a record. Economists ...

  Bloomberg Italy’s government will have to plan for additional borrowing this year to protect businesses and families from the fallout of Russia’s invasion of Ukraine, Agriculture Minister Stefano Patuanelli said. “I think extra deficit spending today is more than justified and I believe it is necessary,” Patuanelli said in an interview on Radio 24. He added that the Cabinet ...

  Bloomberg The EU is discussing a ban on exports of luxury vehicles worth more than 50,000 euros ($54,760) to Russia as part of its latest sanctions package, according to two diplomats familiar with the plan. The proposed ban, which is set to be approved and could still change, would apply to models from several European car brands. , including ...

  Bloomberg Poland will prolong measures aimed at cushioning the impact of rising cost of gasoline and food on consumers, Prime Minister Mateusz Morawiecki said, as the country battles the highest inflation in more than two decades. The economy will need to bear the cost of sanctions against Russia, Morawiecki said, after the war in Ukraine led to a surge ...

  Bloomberg Germany’s federal government may need higher net borrowing on top of the 99.7 billion euros ($109 billion) already programmed for this year due to the uncertainty over the economic outlook caused by Russia’s invasion of Ukraine. The country’s finance ministry is pursuing a supplementary budget to account for the potential impact of the war, according to two senior ...