Bloomberg Australia’s central bank expanded a lending facility for banks as it kept key policies unchanged, and signalled a renewed willingness to explore additional measures to boost an economy still mired in recession. “The board will maintain highly accommodative settings as long as is required,” Reserve Bank chief Philip Lowe said after keeping both the cash rate and three-year yield ...

Bloomberg Nigerian naira strengthened to its strongest level in informal trading since at least April as supplies of the US currency surged ahead of an auction set for next week by the central bank. The local unit traded 440 naira per dollar on Wednesday from a peak of 477 naira last week, according to abokifx.com, which collates rates from street ...

Bloomberg Deutsche Bank AG Chief Executive Officer (CEO) Christian Sewing says showing skeptical analysts he can hit revenue targets is the lender’s next big challenge after convincing the market on cost and capital goals. Speaking at a conference in Frankfurt, Sewing re-affirmed a target of making a pretax profit this year, even though the bank is expected to make a ...