Sunday , 12 April 2026

Recent Posts

Kenya Air sees war inflating ticket costs

  Bloomberg Kenya Airways Plc said Russia’s invasion of Ukraine will result in airlines increasing ticket prices after crude oil surged, while uncertainty may reduce demand for travel. “We have started seeing many of the airlines taking action on this to ensure that they are able to keep on flying,” Commercial Director Julius Thairu said in an interview. The war …

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China asks top banks to report derivatives risk as markets reel

  Bloomberg China asked its biggest financial firms and other state-owned enterprises to report the extent of their exposure to derivatives contracts following wild swings in nickel and other commodities that embroiled one of the country’s largest banks. At least two Chinese banks held urgent internal meetings about their clients’ exposure on Tuesday, according to people familiar with the matter …

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China should draft a digital yuan law, state bank official proposes

  Bloomberg China should draft new laws and regulations for the digital yuan to address privacy concerns and clarify how it operates, a senior Chinese state bank official proposed. The new law should clearly define the duty of the central bank to protect users’ privacy and make sure their information is only accessible for the purpose of protecting national security, …

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