Hong Kong / AFP A new generation of young Hong Kong politicians advocating a break from Beijing became lawmakers for the first time on Monday in a result likely to rattle China. It was the biggest poll since mass pro-democracy rallies in 2014 failed to win concessions on political reform, leading to the emergence of a slew of new parties ...

  Mumbai / AFP India’s outgoing central bank chief Raghuram Rajan warned countries against a rush to low interest rates as his tenure as governor of the Reserve Bank of India came to an end. Rajan, who famously predicted the 2008 global financial crisis, told the New York Times that central banks across the world would find it hard to ...

  Tehran/ AFP Two private Iranian banks will open branches in Munich, officials confirmed on Monday, as the Islamic republic looks for ways around ongoing barriers to international financing. The central bank announced late on Sunday that Middle East Bank and Sina Bank would set up in Germany’s Bavaria state, following a visit by local economy minister Ilse Aigner to ...