Bloomberg The Czech central bank’s new governor promised to pursue its goal of price stability as investors are waiting to see how the new management will tackle the fastest inflation in three decades. In a statement published on his first day in office, Ales Michl said he wanted to achieve “low and stable” consumer price growth and “maintain confidence ...

Bloomberg The chief of Japan’s banking industry lobby group is calling on the nation’s central bank to pay closer attention to the adverse impacts of its ultra easy monetary policy after the yen plunged to a 24-year low. “I think it’s important to take a balanced policy approach by considering merits and side effects,” Japanese Bankers Association Chairman Junichi Hanzawa ...

  Bloomberg BNP Paribas SA is exiting its commodities finance business in the US, following earlier retreats in other parts of the world. “The decision taken to exit this business was consistent with our approach in EMEA,” the bank said in a statement in response to questions. “The impact is limited, and BNP Paribas remains deeply committed to the US ...