Bloomberg Indonesia’s central bank left its benchmark interest rate on hold after four reductions this year, while signaling there’s room for more easing to bolster growth in Southeast Asia’s biggest economy. Governor Agus Martowardojo and his board kept the reference rate at 6.5 percent on Thursday, as forecast by 10 of 26 economists surveyed by Bloomberg. The rest had ...

  Bloomberg Federal agents surprised an HSBC Holdings Plc executive as he prepared to fly out of New York’s Kennedy airport, arresting him for an alleged front-running scheme involving a US$3.5 billion currency transaction in 2011. Mark Johnson, HSBC’s global head of foreign exchange cash trading in London, appeared in court on Wednesday after being held in a Brooklyn jail ...

  AFP Brazil’s central bank left unchanged Wednesday its benchmark interest rate as Latin America’s largest economy remains mired in recession and high inflation. The central bank, as expected, kept the key Selic rate at 14.25 percent, where it has been pegged for a year to support the flailing economy. The meeting of the Central Bank Monetary Policy Committee (Copom) ...