Bloomberg Through some of the coldest nights in a century, the students of New Delhi gathered outside the city’s police headquarters. They chanted anti-government slogans, recited Pakistani resistance poets, and flashed witty posters to make a stand against a new citizenship law that excludes Muslims. As the confrontations continue across the country, though, they’ve morphed into a wider protest against ...

Bloomberg Cultivating an image of just another average guy has served Matteo Salvini well, turning the leader of what used to be a fringe nationalist party into Italy’s most prominent politician, the chief opponent of immigrants and Brussels interference. Mobbed wherever he goes, few dispute he will one day become the country’s PM. That, though, is for public consumption and ...

Bloomberg Hong Kong police fired tear gas to disperse a crowd of protesters who gathered in the crowded shopping hub of Mong Kok at the site of a 2016 protest that marked a violent turn by the city’s pro-democracy movement. Police said in a statement a large crowd had formed and “some rioters blocked roads with miscellaneous objects and trash,” ...

Bloomberg North Korean leader Kim Jong-un’s aunt, Kim Kyong Hui, appeared in state media on Sunday, the first time she has been seen in public since her husband Jang Song Thaek was executed in 2013. The 73-year-old sat two seats away from her nephew, according to a photo by Korean Central News Agency. The leader’s sister, Kim Yo Jong, and ...

Bloomberg Federal Reserve policy makers will keep interest rates on hold this year and next, and will wind up their efforts to boost excess bank reserves by June, economists said in a Bloomberg survey. In the January 21-23 poll, the mean forecast from 28 respondents predicted no move in the federal funds rate until at least 2022, the same as ...

Bloomberg If you want to know what long-term negative interest rates are doing to banks, watch Denmark in the coming months. Danes have lived with subzero rates longer than anyone else, after the central bank resorted to the policy in 2012 to defend its currency peg. But according to the country’s financial watchdog, it’s only now that the real cost ...

Bloomberg The head of India’s biggest lender said he’s certain “some solutions will emerge” to steady Yes Bank Ltd, which has been on a prolonged quest to raise new capital. “Yes Bank is a significant player in the market with an almost $40 billion balance sheet,” State Bank of India (SBI) Chairman Rajnish Kumar told Bloomberg Television in Davos. “I ...

Bloomberg A bond fund manager who correctly predicted that India’s central bank would introduce a US Federal Reserve style Operation Twist, now says that the nation needs more foreign capital to fund its record borrowing. India’s borrowing may rise to 7.6 trillion rupees ($107 billion) for the fiscal year starting from April 1, according to Suyash Choudhary, head of fixed ...

Bloomberg Ever since she moved to Frankfurt as European Central Bank (ECB) president three months ago, Christine Lagarde has been working hard to charm the locals. The institution’s new chief has sought to turn a new leaf with Germany after years of cooler relations under her predecessor, Mario Draghi. His stimulus policies, including negative interest rates that erased returns on ...

Bloomberg The Reserve Bank of Zimbabwe has frozen the bank account of a Chinese company that the central bank alleges has been manipulating the foreign exchange market. The bank escalated the matter to the Financial Intelligence Unit for investigation and it has so far identified one company — China Nanchang — “which has used its bank account to inject millions ...