Bloomberg Sri Lanka appointed Weligamage Don Lakshman as the new central bank governor, days before the monetary authority is due to review interest rates. Lakshman is a former adviser to the Mahinda Rajapaksa government and succeeds Indrajit Coomaraswamy, who stepped down earlier citing personal reasons. The announcement on Tuesday is among the top economic appointments by Gotabaya Rajapaksa, who won ...

Bloomberg Mexico’s central bank could take monetary policy action as soon as February if it sees that inflation as well as internal and external risks remain low, Governor Alejandro Diaz de Leon said in an interview. “We have to monitor if conditions in the economy continue having this favorable trend in terms of inflation and lower external and internal risks, ...

Bloomberg China last week commissioned its first home built aircraft carrier to project its military might. It’s now on a mission to create “aircraft carrier-sized” investment banks to take on Wall Street’s giants. As the nation prepares to fully open its $45 trillion financial industry to foreign competition next year, policy makers and regulators are pushing to beef up its ...