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Kosovo-Serbia row: Nato forces boost patrols

Bloomberg Nato-led international peacekeeping mission in Kosovo (KFOR) boosted number and duration of routine patrols amid increased tensions with neighbouring Serbia, Gazeta newspaper reported. “KFOR is closely monitoring situation throughout Kosovo and remains focused on the day-to-day implementation of its mandate,” KFOR said in a statement to Gazeta on Monday. Tensions started last week when Kosovo, which unilaterally declared independence ...

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Central banks turning slowly to end pandemic’s easy money era

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Bloomberg Global monetary policy looks set to stay super easy well into 2022 even as central banks edge closer to dialing back their emergency support in the face of mounting inflation pressures. In the last week, the US Federal Reserve signaled it will start paring its massive bond-buying as soon as November and the Bank of England hinted for the ...

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Top Thai lender rules out banking job cuts

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Bloomberg Siam Commercial Bank Pcl will maintain banking staff levels as Thailand’s biggest lender restructures its business spinning off some units into a new company. There will be no job losses at the banking operations, Chief Executive Officer Arthid Nanthawithaya said in Bloomberg Television interview on Monday. Siam Commercial will focus on profitability, fintech investments and other growth opportunities in ...

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