Bloomberg The battered euro is finishing the year strongly and setting up the case for better performance next year. The common currency rose to its strongest level versus the dollar since August and cross-currency basis swaps — a measure of demand for funding purposes — climbed to the highest on record, Bloomberg Generic Prices show. While both moves mirrored a ...

Bloomberg China’s central bank will increase the supply of cheap funding to banks by cutting the amount of cash they need to hold as reserves, a move aimed at putting a floor under economic growth in 2020. The required reserve ratio for commercial lenders will be lowered by 50 basis points from Jan. 6, unleashing about 800 billion yuan ($115 ...

Bloomberg Japan is expected to speak with Lebanon through diplomatic channels about Carlos Ghosn fleeing Tokyo for the Middle East country, according to a senior Japanese government official. The comment on Wednesday would mark some of the earliest indications about how Tokyo plans to respond after the former head of Nissan Motor Co and Renault SA snuck out Japan where ...