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Bloomberg China is ratcheting up the risk of military confrontation in the Taiwan Strait, as Beijing seeks to deter Taipei from continuing to deepen ties with the US and other like-minded democracies. People’s Liberation Army (PLA) aircraft repeatedly breached the median line between Taiwan and the Chinese mainland last week, in the latest of a series of military exercises in ...

Bloomberg The Philippines’ top diplomat said the country would not follow China’s stance of keeping Western powers — including the US — out of the disputed South China Sea. The South China Sea Code of Conduct that Southeast Asian nations are crafting with Beijing won’t lead to western countries’ exclusion from the waters, Philippine Foreign Secretary Teodoro Locsin said on ...

Bloomberg Mali’s transition committee appointed retired army Colonel Bah N’Daw as the nation’s interim leader, a month after seizing power in a military coup. Junta leader Assimi Goita will assume the role of vice president, the National Committee for the Salvation of the People said in a statement on its Facebook page on Monday. N’Daw, a former defense minister, will ...

Bloomberg Donald Trump’s plans to name a replacement for Supreme Court Justice Ruth Bader Ginsburg this week offer Joe Biden the chance to galvanise newly energized Democrats, while providing the president a fresh battle in a culture war he’s waged for four years. Early reaction to Ginsburg’s death suggests Biden stands to gain more politically from the sudden vacancy, as ...

Bloomberg Thai authorities removed a plaque proclaiming Thailand “belongs to the people, not the monarchy” a day after protesters installed it during a rally that drew tens of thousands of people seeking greater democracy. The Fine Arts Department and the Bangkok Metropolitan Administration removed the plaque, and the cultural heritage agency also filed a complaint against the protesters for breaking ...

Bloomberg Myanmar locked down most of Yangon province, home to its largest city, for two weeks to contain a record surge in coronavirus infections ahead of the general elections scheduled for November. The strict stay-at-home order from Monday bars more than one member of a family venturing out for shopping and curbs travel from Yangon township to other cities except ...

Bloomberg The European Union (EU) will unleash as many green bonds as the world issued last year, testing the level of investor interest in financing a shift towards cleaner economies. The bloc plans to create up to 225 billion euros ($266 billion) of green debt, which will propel it from a debut issuer to the largest player in the nascent ...

Bloomberg ByteDance Ltd. emphasised it will remain in control of a hived-off TikTok Global business, appearing to contradict President Donald Trump’s statements about how the new entity will be directed by Americans and pay an unusual $5 billion fee to the US government. The world’s most valuable startup sought to play down speculation it’s giving up control of valuable Chinese ...

Bloomberg Iliad SA has agreed to buy Polish telecommunications company Play Communications SA for $2.6 billion as it expands across Europe. French billionaire Xavier Niel’s Iliad has offered 39 zloty per share for Play, and has received binding commitments from two controlling shareholders for their 40% stake, the companies said in a statement on Monday. The cash-and-debt deal shows Niel’s ...

Bloomberg Tesla Inc. Chief Executive Officer (CEO) Elon Musk is rallying the troops as the end of the third quarter nears, urging employees in an email to make and sell as many electric cars as possible before September 30. “We have a shot at a record quarter for vehicle deliveries, but will have to rally hard to achieve it,” said ...