Bloomberg European Central Bank (ECB) Executive Board member Benoit Coeure said unconventional monetary policy may have to be used differently and more frequently if governments don’t act to boost the growth potential of euro-area economies. “We may see short-term rates being pushed to the effective lower bound more frequently in the event of macroeconomic shocks,” Coeure said Saturday in ...

  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, ...