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RBI signals end to easing cycle, changes policy stance

  Bloomberg India’s central bank unexpectedly left borrowing costs unchanged for a second straight meeting and signaled that its interest-rate easing cycle is coming to an end. The benchmark repurchase rate was left at a six-year low of 6.25 percent, the Reserve Bank of India said in a statement in Mumbai on Wednesday. The move was predicted by just five ...

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PBOC to call bitcoin exchanges for talks

  Bloomberg China’s central bank is holding a closed-door meeting with several domestic bitcoin exchanges, people familiar with the matter said, heightening concerns that regulators will tighten their oversight of trading in digital currencies. Officials from the People’s Bank of China are meeting with representatives from a number of the nation’s trading venues, the people said, asking not to be ...

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Ex-Barclays, Deutsche Bank traders plead not guilty

  Bloomberg Six defendants, including ex-Deutsche Bank AG trader Christian Bittar, pleaded not guilty to accusations of conspiring to manipulate a key interest-rate benchmark while working at the German lender and Barclays Plc in a London court. Bittar, one-time colleague Achim Kraemer, and ex-Barclays employees Philippe Moryoussef, Colin Bermingham, Carlo Palombo and Sisse Bohart all denied the charges on Tuesday. ...

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