Bloomberg Japanese prosecutors arrested a former justice minister and his lawmaker wife on vote-buying allegations on Thursday, in a fresh blow for troubled Prime Minister Shinzo Abe. Katsuyuki Kawai resigned from the cabinet in October, less than two months after being appointed, following allegations in a magazine that he was linked to illicit payments made to local politicians and potential ...

Bloomberg The Bank of England (BOE) is widely expected to boost its support for the UK economy again amid signs that recovering from the pandemic-induced recession will be harder than hoped. Economists predict the central bank will expand its bond-buying program by 100 billion pounds ($125 billion), taking it to 745 billion pounds, and investors are watching keenly for any ...

Bloomberg UBS Group AG and Credit Suisse Group AG are likely to face worsening credit quality and falling demand for wealth-management and investment-banking services because of the pandemic, according to the Swiss National Bank (SNB). Credit quality is expected to deteriorate both in Switzerland and abroad, the national bank said in its annual Financial Stability Report. A stock market correction ...