Bloomberg The leader of Poland’s ruling party will join the cabinet as deputy prime minister in a revamp that appears to push the government further to the right and follows weeks of tensions that threatened to trigger snap elections. Jaroslaw Kaczynski is the driving conservative force behind the campaign to reshape Poland that’s put the country in an unprecedented standoff ...

Bloomberg The Swiss National Bank (SNB) spent 90 billion francs ($98 billion) on interventions in the first half of 2020, the most in years, amid a market rout in the early days of the coronavirus pandemic. The SNB was forced to step up its battle against the strong franc as investors drove the haven currency to the strongest level in ...

Bloomberg Taiwanese banks’ contributions to offshore loans for mainland Chinese firms fell to their lowest levels in at least 10 years as lenders turn increasingly anxious to limit their credit exposure to the economic fallout of the coronavirus pandemic and rising political tensions. The share of Taiwanese financial institutions in China’s offshore syndicated and club loans tumbled to the lowest ...