Bloomberg Prime Minister Shinzo Abe is set to nominate Haruhiko Kuroda to lead the Bank of Japan for another five years, according to reports from Kyodo News and Nikkei. His reappointment beyond his current term ending April 8 has been widely expected by economists, according to a Bloomberg survey in January. Motosada Matano, a spokesman for the prime minister’s office, …

CAIRO / Reuters Egypt’s annual inflation rates dropped in January to their lowest levels since the country floated its currency in November 2016, official data showed. The Egyptian pound lost half of its value and prices shot up after Egypt floated the currency in November 2016 to secure a $12 billion IMF deal to revive its economy. Annual urban consumer …

Bloomberg What’s supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this week. Bitcoin clawed its way back from the four-month low of $5,922 it touched, rebounding 53 percent to $9,069. The S&P 500 Index and the Dow Jones Industrial Average both …