BLOOMBERG Standard Bank Group Ltd, Africa’s biggest lender by assets, is ready to re-capitalise its Ghanaian unit after making provisions to cover more than half of its holdings in the nation’s debt. “It may become necessary for us to inject capital in that business and we will, at the appropriate time,” Chief Executive Officer Sim Tshabalala said in an interview. …

BLOOMBERG Malaysia left its monetary settings unchanged for a second straight meeting, as the central bank opted to weigh the impact of previous interest-rate increases on economic activity amid a challenging global  outlook. Bank Negara Malaysia (BNM) held its overnight policy rate at 2.75%, a decision seen by 11 of 20 economists in a Bloomberg survey, with the rest expecting …

BLOOMBERG The Bank of England (BOE) plans to cut spending on climate change work and redirect the money to core functions because of rising pressures on its costs. Climate programs will slip lower on the central bank’s agenda so officials can focus more on the core operations such as financial stability, markets and a digital currency, according to a person …