Bloomberg Argentina’s “strict” foreign-exchange regulations will remain in force as the government seeks to stabilise the economy, the Pagina/12 newspaper reported, citing Production Minister Matias Kulfas. Lawmakers last month handed President Alberto Fernandez extraordinary powers to renegotiate debt terms with creditors and increase taxes, marking a victory on his first legislation since taking office last month. “In the current context, …

Bloomberg Two more consortiums said they submitted bids for digital banking licenses in Singapore as companies, ranging from a massage chair maker to a property giant and Chinese fintech firms, joined forces to go for the sought-after permits. Beyond Consortium, led by one of Asia’s largest massage chair makers, V3 Group Ltd and stored-value card company EZ-Link Pte, submitted a …

Bloomberg China’s central bank pledged more financial support for small and micro businesses while saying it plans to stick to a prudent monetary policy stance this year. The People’s Bank of China (PBOC) will improve the incentive mechanism for lending to such companies, it said in a statement following a two-day work conference in Beijing. Authorities will make it easier …