Bloomberg Governments around the globe must protect the independence of central banks to ensure sustainable economic growth, Reserve Bank of India Governor Raghuram Rajan said on Tuesday. The former International Monetary Fund chief economist said that central banks are under fire from criticism that is unsupported by evidence. He cited attacks against the Bank of England over Brexit, the …

  AFP The Chinese army garrisoned in Hong Kong has warned people searching for Pikachu and other virtual monsters to stay off their premises, as Pokemon Go mania sweeps the smartphone-obsessed city. The gaming app landed on Monday in Hong Kong and saw residents more glued to their phones than ever, searching for the cyber creatures in locations ranging from …

  Bloomberg Steel supply from China, the world’s biggest producer, remains a “big worry” for the global industry, which continues to be under pressure despite an improvement in prices, JSW Steel Ltd. Chairman Sajjan Jindal said. There is “‘huge overcapacity” in China and the industry is worried about how the Asian nation will address the issue, Jindal, who runs India’s …