BEIJING: China called Friday for Russia and Ukraine to hold peace talks as soon as possible while insisting that nuclear weapons must not be used in their conflict. China made the comments in a 12-point paper on the “political settlement” of the crisis, timed to coincide with the one-year anniversary […]
Day: February 23, 2023
TOKYO: Japanese Emperor Naruhito today gave his first public birthday address since ascending the throne almost four years ago, after delays due to the Covid-19 outbreak, and urged support for people struggling with inflation and the pandemic. “Many people are having difficulties in their daily life amid the pandemic and […]
JAKARTA: Indonesia’s plan to require exporters to retain part of their earnings onshore should boost U.S. dollar liquidity, but bankers and businesses warn against imposing mandatory conversion of funds to rupiah, some likening it to a form of capital control. The central bank, Bank Indonesia (BI), hopes the repatriation of […]
Switzerland’s biggest bank UBS Group AG is looking to apply for a mutual fund license in China, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The Swiss bank is in informal talks with the China Securities Regulatory Commission (CSRC) about its intention to apply, the […]