Bloomberg New Zealand Prime Minister John Key will be joined by Trade Minister Todd McClay in Indonesia this week as he seeks to boost trade between the two countries. McClay said he is traveling to Indonesia Sunday to join Key and a high-level business delegation for a two-day visit to New Zealand’s 11th largest export market. “Our two-way trade …

  Bloomberg More rich Asians are asking private banks to manage their wealth amid increasing volatility in financial markets, a new survey shows, in an encouraging sign to firms such as UBS Group AG and Credit Suisse Group AG that are expanding their businesses in the region. About a quarter of high-net-worth investors in Asia were clients of private banks …

  Bloomberg Citigroup Inc. reduced its forecast for net interest margin, the difference between what it makes on loans and pays for funds, on expectations interest rates will remain low for a longer stretch than bank executives previously thought. The margin will be about 2.90 percent in the second half of 2016, down from a previous forecast of 2.95 percent, …