Bloomberg Bank of Japan Governor Haruhiko Kuroda said he won’t hesitate to boost monetary stimulus if needed, reiterating a pledge during an annual policy retreat in Jackson Hole, Wyoming, at which central bankers stressed their need for backup from fiscal policy. “There is no doubt that there is ample space for additional easing in each of the three dimensions,” ...

  Bloomberg Postal Savings Bank of China Co., moving closer to the world’s biggest share sale this year, won Hong Kong stock exchange approval for an initial public offering that could raise about $8 billion, people with knowledge of the matter said. The Beijing-based bank plans to start gauging investor demand for the offering in the first half of September, ...

  Bloomberg Kenyan President Uhuru Kenyatta is borrowing a page from Turkey’s Recep Tayyip Erdogan in a quest to boost his popularity before elections next year by picking a fight with his country’s banks. Both leaders had for years been trying to lower borrowing costs. Erdogan succeeded earlier this month when he announced that he would view as an act ...