Bloomberg HSBC Holdings Plc made a slew of hires from rivals including Goldman Sachs Group Inc. as the bank revamps its equities business in the Asia-Pacific region and expands a nascent majority-owned securities venture in China, people familiar with the matter said. Among the recent additions are Michael Parry, who joined from Goldman Sachs as a director focused on Asian ...

Bloomberg Global central banks are being served a sharp reminder by investors that their monetary policy planning carries the potential to roil the financial markets in 2018. A minor tweak in the Bank of Japan’s bond-purchase operation saw the yen strengthen more than 1 percent in two days. A change in the way China’s central bank manages the yuan sparked ...

Bloomberg Dollar bears take heed: Asian central banks may be putting the brakes on the greenback’s slide. After working for three years to staunch the yuan’s slump, China is now moving to combat the opposite problem. The People’s Bank of China has stopped using a component of its daily fixing formula that had been widely interpreted as a tool to ...