Bloomberg Barclays Africa Group Ltd., the South African bank formerly known as Absa, will go to the country’s high court to challenge a decision that it should pay the government 1.125 billion rand ($86 million) over the apartheid-era acquisition of Bankorp Ltd. “This is due to numerous misrepresentations and factual inaccuracies which form the basis of the Public Protector’s findings, ...

Bloomberg Nonperforming loans at Thailand’s banks are set to peak towards the end of 2017, according to Fitch Ratings, an outlook that may salve investor sentiment in one of Asia’s worst-performing stock markets this year. Thai economic growth is subdued but relatively stable at about 3 percent, signaling a slower expansion in bad loans in the months ahead and an ...

Bloomberg People’s Bank of China’s (PBOC) Governor Zhou Xiaochuan, who has likened monetary-policy communication to chess, is telling markets more about his moves as he makes them. That doesn’t mean he’s ready to give the game away. The PBOC’s regular cash injections are now coming complete with comments about their intent, helping to soothe markets just before the cash crunch ...