Bloomberg India has relocated some troops from areas surrounding a sinking Himalayan town that’s near a disputed border with China, Army Chief Manoj Pande said. Pande didn’t give details on how many soldiers would be moved away for safety but said over 20 military installations around the town of Joshimath in the northern state of Uttarakhand have sustained “medium ...

Bloomberg Traders piled into bets on another hawkish pivot from the Bank of Japan (BOJ) following a report that the central bank will review the side effects of its policy as soon as next week. The yen gained more than 1% and Japanese bond futures slid after the Yomiuri newspaper said the BOJ will consider adjusting bond purchases or other ...

  Bloomberg Thailand will allow the nation’s first virtual banks to offer services in 2025 amid a push to boost competition, widen loan access and cut costs for businesses and the individuals. The Bank of Thailand plans to issue three such licenses in 2024 before the operations begin a year later, said Assistant Governor Tharith Panpiemras. There are about 10 ...