Asia Pacific
- North Korea says U.S. drills have pushed situation to 'extreme red-line' -KCNAAsia Pacific ·
February 1, 2023 North Korea's Foreign Ministry said on Thursday that joint drills by the United States and its allies have pushed the situation to an "extreme red-line" and threaten to turn the peninsula into a "huge war arsenal and a more critical war zone."
- BusinessZopa raises $92 million as SoftBank sits out funding round
Zopa, the British peer-to-peer lender turned digital bank, has raised 75 million pounds ($92.40 million) from some of its shareholders, as plans for an initial public offering (IPO) have been put on hold, Chief Executive Jaidev Janardana told Reuters.
- MarketsHong Kong central bank raises interest rate after Fed hike
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 25 basis points to 5.0%, hours after the U.S. Federal Reserve delivered a rate hike of the same margin.
- WorldU.S., South Korea militaries carry out air exercises
The United States and South Korea carried out combined military air exercises involving B-1B bombers as well as F-22 and F-35 fighter aircraft, the South Korean defence ministry said on Thursday.