Bloomberg The European Central Bank (ECB) will let staff work remotely for 110 days a year — roughly half their time. The rules, which take effect from January 1, permit as many as 10 days a month away from desks. That’s stricter than the current system, under which employees must show up at the office at least eight days a ...

Bloomberg The Indian rupee’s most appealing trait for traders is fast deteriorating, helping turn the currency into emerging Asia’s worst performer over the past month. Twelve-month implied rupee yields — typically a reflection of interest rate differentials with the US — fell to the lowest since 2009. That’s bad news for carry traders, who seek profits from capturing the difference ...

  Bloomberg Reserve Bank of Australia (RBA) Governor Philip Lowe called on the nation’s lenders to intensify efforts to reduce the cost of payments and increase their speed, including for cross-border transactions. “Slow progress by the major banks imposes a cost on the rest of the industry,” Lowe said in a speech, referring to delays in launching a direct-debit service ...