Bloomberg Saudi Arabia’s sovereign wealth fund appointed former Dow Chemical Co. Chief Executive Officer Andrew Liveris as a special adviser. Liveris will work closely with the Public Investment Fund “in several areas and assist the fund in efforts to increase the value of the portfolio, and ensure the important contribution of PIF companies to the achievement of Vision 2030 goals” …

Bloomberg South Africa’s Lesetja Kganyago has a fight on his hands to protect the central bank’s $50 billion of reserves. More than eight months after the ruling African National Congress decided that the South African Reserve Bank should be state-owned, like most other central banks, the governor said his main concern remains to protect the regulator’s independence and mandate. But …

Bloomberg UBS Group AG will introduce a new electronic currency pricing and trading engine in Singapore next year in a bid to boost liquidity in Asia’s largest foreign-exchange center. The facility will go live in the second quarter of 2019, Zurich-based UBS said in an emailed statement. The bank is undertaking the initiative in partnership with the Monetary Authority of …