BLOOMBERG  Argentina sold around 417 billion pesos ($2 billion) in peso-denominated notes and bonds via auction, the latest step in managing a massive local debt pile as the government seeks to extend maturities until after presidential elections in October. The Treasury sold the securities after receiving offers for around 664 billion pesos, according to an emailed statement from the economy ...

BLOOMBERG  Taiwan’s central bank governor has a tough balancing act to pull off in his first interest rate decision since renewing his term in office. Governor Yang Chin-long must grapple with inflation that remains uncomfortably high, an economy that’s contracting, a still hawkish Federal Reserve, and global financial markets in turmoil. Most economists surveyed by Bloomberg expect he will lead ...

BLOOMBERG  Citigroup Inc Chief Executive Officer (CEO) Jane Fraser said mobile apps and consumers’ ability to move millions of dollars with a few clicks of a button mark a sea change for how bankers manage and regulators respond to the risk of bank runs. Fraser said the fast demise of Silicon Valley Bank also made it difficult for banks to ...