BLOOMBERG UK Prime Minister Rishi Sunak will travel to the US next week to meet President Joe Biden and his Australian counterpart Anthony Albanese for a top-level meeting of the so-called Aukus allies. Sunak will be in the US, where he will meet the US and Australian leaders, his spokesman Max Blain told reporters. Talks are expected to focus on …

BLOOMBERG  Sri Lanka’s rupee, which became the world’s best performing currency this year amid hopes of an International Monetary Fund (IMF) bailout, may resume declines and lose a fifth of its value against the dollar by end-2023, according to Fitch Solutions. “We are optimistic that Sri Lanka will be able to secure an IMF board approval by early 2Q 2023,” …

BLOOMBERG  Credit Suisse Group AG has obtained licenses allowing it to launch its wealth management business in China in the first half of this year as well as expand its securities trading and research activities onshore. The bank received its investment consultancy, proprietary trading and nationwide brokerage licenses, according to an internal memo. A spokeswoman for the bank confirmed the …