Bloomberg Sri Lanka needs a new elected government to provide policy stability as it faces its worst economic crisis in generations, according to the leader of the main opposition party. “It’s time for a mandate, a fresh mandate,” Sajith Premadasa of the Samagi Jana Balawegaya party said in a Bloomberg interview. “People don’t want elections, they want solutions. But ...

  Bloomberg HSBC Holdings Plc has been examining an initial public offering of its Indonesian business to tap buoyant investor demand in the world’s fourth-most populous country. Plans for a share sale in Jakarta are at an advanced stage, said people familiar with the plan, asking not to be named discussing an internal matter. It has yet to file a ...

Bloomberg The risk of stagflation isn’t causing companies to pull back on investment yet, according to the finance chiefs of some of Canada’s largest banks. “They are ramping up inventories and investing in their businesses. And that’s what’s driving the increased borrowing, whether that’s increasing utilization of lines, which we are seeing, or new borrowing with existing and new clients,” ...