Bloomberg Global central banks are being served a sharp reminder by investors that their monetary policy planning carries the potential to roil the financial markets in 2018. A minor tweak in the Bank of Japan’s bond-purchase operation saw the yen strengthen more than 1 percent in two days. A change in the way China’s central bank manages the yuan sparked ...

Bloomberg Dollar bears take heed: Asian central banks may be putting the brakes on the greenback’s slide. After working for three years to staunch the yuan’s slump, China is now moving to combat the opposite problem. The People’s Bank of China has stopped using a component of its daily fixing formula that had been widely interpreted as a tool to ...

Bloomberg Bank of Baroda, India’s third-largest state-run lender, is seeking to sell unit Nainital Bank Ltd. as it sheds non-core assets to bolster its balance sheet, people familiar with the matter said. A decision on the size of the stake to be sold will depend on approvals from the Indian central bank, the people said, asking not to be identified ...