Bloomberg Canada’s financial watchdog plans to revise capital requirements for the nation’s banks, drafting more risk-sensitive interim rules while moving faster towards adopting new criteria set by global regulators. The Office of the Superintendent of Financial Institutions’ Carolyn Rogers announced the changes during a speech at a conference hosted by RBC Capital Markets in Toronto. She said Canadian banks would …

Bloomberg Japan’s economy will exceed growth forecasts this year, prompting the central bank to tighten monetary policy by mid-year, said Allen Sinai, president of Decision Economics Inc. Sinai said he expects Japan’s economy to grow 2 percent in 2018, and even faster in 2019, perhaps as much as 2.5 percent. “What has snuck up on everybody is the world business …

Bloomberg Morocco will adopt a more flexible exchange rate from Monday as part of a long-awaited plan aimed at boosting the competitiveness of the North African nation’s economy. Bank Al-Maghrib, Morocco’s central bank, said in a statement it would widen the official band within which the dirham fluctuates to 5 percent, with a maximum daily moves of 2.5 percent above …