Bloomberg The European Central Bank’s (ECB) 113 billion euro corporate bond portfolio, accumulated as it propped up the euro zone economy with monthly asset purchases, has swept up debt from companies based outside the currency area. Bonds issued by non euro area firms account for 71 — or 7 percent — of the 1,009 securities bought by the ECB since ...

Bloomberg Thailand’s central bank held its benchmark interest rate near a record low, spurning the government’s call for policy easing as it painted a brighter outlook for the economy. Thailand’s Finance Ministry has been stepping up pressure on the central bank to cut interest rates as the currency surges and as inflation remains subdued. Economic growth is lagging peers in ...

Bloomberg Barclays Plc’s investment-banking boss, Tim Throsby, says he plans to reignite “commercial zeal” within the firm’s worst-performing unit, ending five years of risk-averse retrenchment that’s left traders trailing U.S. rivals. When he arrived at Barclays from JPMorgan Chase & Co. in January, Throsby found it was “very clear” staff had lost “a suitable focus on opportunities to deploy risk,” ...