Bloomberg China’s incoming central bank governor, Yi Gang, signalled that he’ll push to maintain the course of financial liberalisation set by his predecessor Zhou Xiaochuan. The National People’s Congress, China’s legislature, voted to approve President Xi Jinping’s choice for governor of the People’s Bank of China. Liu He, Xi’s top economic adviser, was named as a vice premier, indicating that ...

Bloomberg Citigroup Inc. wants to achieve parity between male and female managing directors at its markets business in Asia within three to five years, joining banks worldwide in stepping up efforts to close a longstanding gender gap. The New York-based bank has a long way to go. Though women make up about half the 60,000 Citigroup workforce across all divisions ...

Bloomberg A weekend selloff cryptocurrencies subsided, with Bitcoin rallying from a six-week low before Group of 20 finance ministers and central bank governors discuss digital assets in Buenos Aires. Bitcoin traded at $8,235 as of 11:20 a.m. in Hong Kong, up 12 percent from its low reached over the weekend, according to prices on Bitstamp. Traders are watching this week’s ...