Paris / AFP French ex-economy minister Emmanuel Macron, a 38-year-old political novice, announced his bid for the presidency on Wednesday, as an alternative to the “same men and same ideas” that have guided France for decades. Macron finally ended speculation about his intentions by announcing his candidacy for his “En Marche” (“On the Move”) centrist party from a training …

  Bloomberg The Monetary Authority of Singapore (MAS) is poised to become the latest central bank to test its own digital currency, which it will use in a trial of a blockchain-driven system for interbank payments. The ‘proof-of-concept’ project, which also involves the city’s stock exchange and eight banks, is aimed at simplifying the payments process and reducing transaction costs, …

  Bloomberg Barclays Bank of Kenya Ltd. became the first of the country’s biggest banks to report a drop in nine-month profit as it tripled loan-loss provisions and bad loans surged. The bank partially owned by Barclays Plc’s Africa unit posted profit of 6.06 billion shillings ($59.5 million) in the nine months through September, compared with 6.4 billion shillings a …