Bloomberg Hong Kong will cut mandatory hotel quarantine to 14 days from 21 for people coming from low-risk areas including Singapore, Australia and New Zealand, as the city works to reopen its pandemic-battered economy. People coming from medium-risk areas and who have been vaccinated will also only be asked to quarantine for 14 days, officials said at a briefing Monday. ...

Bloomberg The Bank of England (BOE) flagged instances of illiquidity as a broader risk to the financial system after a rout in some government bond markets pushed yields higher. The comments in a routine assessment of threats to the financial system indicate concerns at the central bank that Governor Andrew Bailey has sought to play down. The bank’s Financial Policy ...

Bloomberg Philippine central bank Deputy Governor Mamerto Tangonan has long wanted to make electronic money so ubiquitous that one could pay at a street stall via mobile phone. Now he’s leading the bank’s digital drive. “This is my life’s purpose,” Tangonan said in a March 24 interview, his first since he took office in February. Tangonan, 58, is point man ...