Bloomberg Poland’s coalition government is showing fissures over its decision to block the European Union’s $2.2 trillion spending plan, with a junior coalition partner repeating a stance that puts him at odds with the shot-calling ruling party. The stakes are high for Poland and fellow eastern EU member Hungary. Their opposition to tying the bloc’s budget and coronavirus rescue plan ...

Bloomberg The Bank of Korea (BOK) is facing mounting pressure to broaden its mandate for the first time in nearly a decade as global central banks are asked to tackle a wider range of economic issues highlighted by the pandemic. More than a dozen South Korean lawmakers are pushing for the passage of a bill to add employment stability to ...

Bloomberg State Bank of India (SBI) will accelerate retail loans and expects most lenders to post stronger-than-anticipated earnings as the economy revives faster than expected, according to Chairman Dinesh Khara. “The banks were expecting worse, so they strengthened risk management significantly,” Khara, who took charge as head of the country’s largest lender in October, said in an interview with Bloomberg ...