Bloomberg China’s central bank said it will start conducting open-market operations every business day, strengthening its influence on interest rates. The People’s Bank of China (PBoC) introduced daily auctions from Jan. 29 to manage liquidity around the Lunar New Year holiday, a period in which surging demand for funds has led to cash squeezes in the past, and was due ...

Bloomberg Barclays Plc is considering selling its Egyptian unit after abandoning a plan to fold it into its Africa business, according to people with knowledge of the plan. The unit, whose presence in Egypt dates back to 1864, may be worth more than $500 million, according to one person familiar, who asked not to be identified because the details aren’t ...

Bloombrg Swedish inflation accelerated more than expected last month, easing pressure on the central bank to add to its record stimulus measures. Consumer prices rose an annual 0.8 percent in January, Statistics Sweden said in a statement Thursday. Adjusted for mortgage costs, prices rose an annual 1.6 percent. Analysts in a Bloomberg survey had predicted headline inflation of 0.5 percent ...