Bloomberg The Chinese central bank will extend the use of three monetary policy tools designed to encourage financial institutions to support green technologies and the logistics sector, the People’s Bank of China (PBOC) said in a statement. The bank will continue to offer cheap funding until the end of 2024 to banks which lend to firms that are helping ...

  Bloomberg Pakistan’s rupee advanced from a record low as the International Monetary Fund (IMF) team is set to start negotiations over the resumption of its $6.5 billion bailout. The rupee climbed 1.7% to 265 per dollar, after sliding to an unprecedented 270, according to the foreign—exchange desk at Arif Habib Ltd. The benchmark stock index climbed 1.9%, snapping a two-day ...

  Bloomberg Foreigners are returning to China’s stock market with a vengeance, snapping up more shares in January alone than they did for the whole of 2022. Offshore funds have added a net 141.2 billion yuan ($20.9 billion) worth of stocks listed in Shanghai and Shenzhen through trading links with Hong Kong this month, even with a week-long holiday trading ...